ATM and Debit Card Transactions Clause Samples

The "ATM and Debit Card Transactions" clause defines the rules and procedures governing the use of ATM and debit cards linked to an account. It typically outlines how cardholders can access funds, make withdrawals, deposits, or purchases, and may specify limits on transaction amounts or daily usage. This clause also often addresses liability for unauthorized transactions and the process for reporting lost or stolen cards. Its core function is to establish clear guidelines for card usage, protect both the cardholder and the financial institution from misuse, and ensure secure and efficient access to account funds.
ATM and Debit Card Transactions. Your Ellevest Debit Card is issued by the Bank pursuant to a license by Mastercard International Incorporated. Consistent with applicable law, you may use your Ellevest Debit Card with your PIN to perform most routine transactions on the Bank Accounts that are accessible by your Ellevest Debit Card, such as to: ● Make cash withdrawals ● Obtain your most recently available account balancePay for purchases at places that have agreed to accept the card Some of the above services may not be available at all ATMs or locations.
ATM and Debit Card Transactions. Your Card is issued by Choice Financial Group, Member FDIC, pursuant to a license by Visa International Incorporated. Consistent with applicable law, you may use your Card with your PIN to perform most routine transactions on the Accounts that are accessible by your Card, such as to: ● Make cash withdrawals ● Obtain your most recently available Account balancePay for purchases at places that have agreed to accept the Card Some of the above services may not be available at all ATMs or locations.
ATM and Debit Card Transactions. In addition to the above applicable fees, the following fees apply: Share Value
ATM and Debit Card Transactions. Interaudi Bank will not authorize and pay overdrafts for ATM or debit card transactions unless you authorize us to do so by signing and submitting an ATM/Debit Card Overdraft Authorization form. If you authorize us to pay overdrafts on your ATM and debit card transactions, you understand that you will be charged interest on the overdrawn amount, until the account is no longer overdrawn, at a per annum rate of no less than 4% above our Prime Rate then in effect, unless that rate is higher than the maximum rate permitted by law, in which case the interest rate will be the maximum rate permitted by law. In addition, we may charge an Overdraft Fee as disclosed in the Schedule of Service Charges. If you do not authorize Interaudi Bank to pay overdrafts on your ATM and debit card transactions, your overdraft transactions may be declined. If we receive several debit transactions for payment which, if all were paid, would exceed the collected funds in your account, we may pay all or some of those transactions, but are not required to do so. If we decide not to pay some of those transactions, at our option we may attempt to contact you to offer the opportunity eliminate or otherwise resolve the overdraft status of the account. You understand and agree that Interaudi Bank is under no legal or regulatory obligation to contact you if your account is in overdraft status.

Related to ATM and Debit Card Transactions

  • Visa Debit Card If approved, you may use your Visa® card to purchase goods and services from participating merchants. However, you may not use your card to initiate any type of gambling transaction. If you wish to pay for goods or services over the Internet, you may be required to provide card number security information before you will be permitted to complete the transaction. You agree that you will not use your card for any transaction that is illegal under applicable federal, state, or local law. Funds to cover your card purchases will be deducted from your share draft account. For ATM and one-time debit card transactions, you must consent to the Credit Union’s overdraft protection plan in order for the transaction amount to be covered under the plan. Without your consent, the Credit Union may not authorize and pay an overdraft resulting from these types of transactions. Services and fees for overdrafts are shown in the document the Credit Union uses to capture the member’s opt-in choice for overdraft protection and the Schedule of Fees and Charges.

  • Agency Cross Transactions From time to time, the Advisor or brokers or dealers affiliated with it may find themselves in a position to buy for certain of their brokerage clients (each an "Account") securities which the Advisor's investment advisory clients wish to sell, and to sell for certain of their brokerage clients securities which advisory clients wish to buy. Where one of the parties is an advisory client, the Advisor or the affiliated broker or dealer cannot participate in this type of transaction (known as a cross transaction) on behalf of an advisory client and retain commissions from one or both parties to the transaction without the advisory client's consent. This is because in a situation where the Advisor is making the investment decision (as opposed to a brokerage client who makes his own investment decisions), and the Advisor or an affiliate is receiving commissions from both sides of the transaction, there is a potential conflicting division of loyalties and responsibilities on the Advisor's part regarding the advisory client. The Securities and Exchange Commission has adopted a rule under the Investment Advisers Act of 1940, as amended, which permits the Advisor or its affiliates to participate on behalf of an Account in agency cross transactions if the advisory client has given written consent in advance. By execution of this Agreement, the Trust authorizes the Advisor or its affiliates to participate in agency cross transactions involving an Account. The Trust may revoke its consent at any time by written notice to the Advisor.

  • Processing Transactions 2 2.1 Timely Pricing and Orders.................................... 2 2.2

  • Credit Card Payments If You pay for the APEX Service using a credit card (to the extent available), then: (a) You authorize Dell to periodically charge Your credit card for the APEX Service fees; (b) You will be subject to any additional terms presented to You by the third-party credit card payment processor (which will be the merchant of record for that transaction); and (c) You are responsible for keeping Your credit card information up to date. You agree that Dell may request that Your credit card payment issuer pre-authorize and hold an amount equal to the next recurring fee (or an estimate if the fee is variable) for the APEX Service in advance of its due date.

  • Liability for all card transactions Subject to clause 9.3, you are liable for all card transactions effected by the use of the card at an ATM whether with or without your knowledge or authority, save in the case of our or our employees’ fraud, gross negligence or wilful default.