Common use of Designation of Accounts Clause in Contracts

Designation of Accounts. In order to use iPay, you understand that you must have a checking account with the Credit Union. That checking account, or the one you designate if you have more than one, will be treated as the designated checking account for transactions accomplished through iPay. Bill payments may only be processed using your designated Account.

Appears in 2 contracts

Sources: Electronic Funds Transfer Agreement, Electronic Funds Transfer Agreement