Common use of Audio Response Clause in Contracts

Audio Response. If we approve the audio response access service for your accounts, a separate passcode will be assigned to you. You must use your passcode along with your account number to access your accounts. At the present time you may use the audio response access service to: • Transfer funds from your savings and checking accounts. • Obtain balance information for your savings and checking accounts. • Make loan payments from your savings and checking accounts. • Determine if a particular item has cleared. • Verify the last date and amount of your payroll deposit. Your accounts can be accessed under the audio response service via a touch tone telephone only by dialing 1-800-491- 0256. Service will be available for your convenience twenty-four (24) hours per day. This service may be interrupted for a short time each day for data processing. See Section 2 for transfer limitations that may apply to these transactions. The Credit Union reserves the right to refuse any transaction which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account. All checks are payable to you as a primary member and will be mailed to your address of record. The Credit Union may set other limits on the amount of any transaction, and you will be notified of those limits. The Credit Union may refuse to honor any transaction for which you do not have sufficient available verified funds. The service will discontinue if no transaction is entered after numerous unsuccessful attempts to enter a transaction, and there may be limits on the duration of each telephone call.

Appears in 1 contract

Sources: Electronic Funds Transfer Agreement

Audio Response. If we approve the audio response access service for your accounts, a separate passcode will be assigned to you. You must use your passcode along with your account number to access your accounts. At the present time you may use the audio response access service to: • Transfer funds from your savings and checking accounts. • Obtain balance information for your savings and checking accounts. • Make loan payments from your savings and checking accounts. • Determine if a particular item has cleared. • Verify the last date and amount of your payroll deposit. Your accounts can be accessed under the audio response service via a touch tone telephone only by dialing 1-800▇▇▇-491- 0256▇▇▇-▇▇▇▇. Service will be available for your convenience twenty-four (24) hours per day. This service may be interrupted for a short time each day for data processing. See Section 2 for transfer limitations that may apply to these transactions. The Credit Union reserves the right to refuse any transaction which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account. All checks are payable to you as a primary member and will be mailed to your address of record. The Credit Union may set other limits on the amount of any transaction, and you will be notified of those limits. The Credit Union may refuse to honor any transaction for which you do not have sufficient available verified funds. The service will discontinue if no transaction is entered after numerous unsuccessful attempts to enter a transaction, and there may be limits on the duration of each telephone call.

Appears in 1 contract

Sources: Electronic Funds Transfer Agreement