Electronic Banking Transactions Sample Clauses

The 'Electronic Banking Transactions' clause defines the rules and procedures governing the use of electronic methods for conducting banking activities, such as transfers, payments, and account management. It typically outlines the types of electronic transactions permitted, security requirements, user responsibilities, and any limitations or liabilities associated with these services. By establishing clear guidelines for electronic banking, this clause helps protect both the financial institution and the customer from unauthorized transactions and misunderstandings, ensuring secure and efficient handling of digital financial operations.
Electronic Banking Transactions. You may use Online Banking or Telephone Banking to perform the following transactions with your PC or touchtone telephone, as applicable: o Make Payments to a Payee from your Designated Funding Account(s); o Review past or scheduled Payments from your Designated Funding Account(s); o Order Funds Transfers among eligible Service Accounts; o Order Funds Transfers from eligible Service Accounts to certain loan accounts accessible through the Service; o Perform balance inquiries with respect to Service Accounts accessible through the Service; o Use your PC to view account activity within each Service Account accessible through our Online Banking; o Use your PC to communicate directly with us via electronic messaging; and o Request advances from eligible loan accounts accessible through the Service to your eligible Service Accounts. We may from time to time enhance or expand the Service by providing additional features, functionality, and transaction capability. Any such enhancements or expansions will be subject to the terms and conditions of this Agreement. User's Guides may provide additional details and information regarding the functionality of the Service.
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Electronic Banking Transactions. Your liability for unauthorized electronic banking transactions and procedures for resolution of errors or questions about electronic banking transactions are set out in the Business Account Agreement.
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Electronic Banking Transactions. You may use Online Banking or Telephone Banking to perform the following transactions with your PC or touchtone telephone, as applicable:
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Electronic Banking Transactions. Limitations
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Electronic Banking Transactions. 3.1 The provisions of this clause 3 will only apply where the Merchant has, as indicated in Item 2 of the Schedule hereto, agreed with the Bank that it will enable its customers to make payments for the purchase of goods and services using the Telebanking Services. 3.2 The Merchant shall, at such time as may be agreed upon by the parties, permit the Bank to install appropriate software at the Merchant’s premises to facilitate Telebanking Transactions. Such software shall enable the Bank to transfer to the Merchant details on the ▇▇▇▇ Payment Register as updated from the Electronic File Transfer web based application. 3.3 At intervals agreed between the Bank and the Merchant from time to time (the current interval, where applicable, being set forth in Item 3 of the Schedule), the Bank shall provide a Payment Detail File to the Electronic File Transfer web based application. 3.4 The Payment Detail File shall conform to the file layout specification agreed upon by the parties and must contain the following minimum information with respect to each payment: a) Date of payment; b) Transaction reference number; c) Customer’s account number; d) The amount paid by the customer; e) The batch number. 3.5 At the close of each business day, the Bank will forward to the Merchant electronically, a remittance report stating: a) The name(s) of each Payment Detail File(s) downloaded for that day; b) The total amount of payments received by the Bank for the benefit of the Merchant for that day; c) The total number of transactions for that day. 3.6 For the purposes of this clause 3, any payments received or Transactions carried out during non-business days or otherwise after the settlement cut off time established pursuant to item 3 of the Schedule, shall be deemed to have been received and carried out on the next business day following the date of the Transaction. 3.7 The Merchant undertakes and agrees that it shall: a) Pay to the Bank the current fees specified in the Fee Schedule representing the Bank’s charges for the provision of the Telebanking Service. b) Make its own arrangements to obtain, install and maintain at its own expense, the required equipment more particularly described in Item 4 of the Schedule; c) Set up its own systems to receive and process data electronically which meet the operating capabilities and specifications as established by the Bank; d) Maintain computerized customer records with unique account numbers; e) Validate payment details within a max...
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Electronic Banking Transactions. After you have registered for Washington Savings Bank Online Banking, you may access your statement account(s) using your User ID and your password when you visit our Web site and click on Washington Savings Bank Online Banking to: • pay bills from any type of checking account(s) (separate bill payment agreement required). • transfer funds between your statement accounts at Washington Savings Bank • inquire on your statement account balance and up to 18 months of account activity (separate estatement agreement required). • send or receive e-mail to or from Washington Savings Bank customer service department • view and print copies of checks clearing your WSB checking account • Using the Account-to-Account transfer feature, you may transfer money between your WSB deposit accounts and other bank deposit accounts. You may self enroll in this feature, which requires verification of the other bank ownership by trial deposits into that account. You warranty and agree that you have legal access to these other accounts and indemnify WSB for all damages that may result from authorized access of such accounts by yourself or third parties as a result of the use of the A2A feature. Please see the separate Account to Account Transfer section of this agreement. • Using the Zelle® service, transfer funds between yourself and another individual via ACH transfer. (separate • Use mobile banking through an APP, Text, or WAP connection (separate mobile banking agreement required.)
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Related to Electronic Banking Transactions

  • WASHINGTON’S ELECTRONIC BUSINESS SOLUTION (WEBS). Contractor represents and warrants that Contractor is registered in Washington’s Electronic Business Solution (WEBS), Washington’s contract registration system and that, all of Contractor’s information therein is current and accurate and that throughout the term of this Contract, Contractor shall maintain an accurate profile in WEBS.

  • Electronic Check Transactions You authorize us to honor any electronic check conversion transaction and re-presented check fee debit transactions you authorize ("Electronic Check Transactions"). You agree that your authorization for an electronic check transaction occurs when you initiate such a transaction after receiving any notice regarding the merchant's right to process the transaction, including any written sign provided by the merchant at the time of your transaction. All terms governing electronic funds transfer services will apply to electronic check transactions, except the $50 and $500 limits of liability for unauthorized transactions in Section 9. You remain responsible for notifying us of any unauthorized electronic check transaction shown on your statement.

  • Electronic Monitoring All observations shall be conducted openly. Mechanical or electronic devices shall not be used to listen to or record the procedures of any class without the prior knowledge and consent of the teacher.

  • Electronic Check Conversion You may authorize a merchant or other payee to make a one-time electronic payment from your checking account using information from your check to pay for purchases or pay bills.

  • IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR ELECTRONIC TRANSFERS You must telephone us at (▇▇▇) ▇▇▇-▇▇▇▇ or toll free at ▇-▇▇▇-▇▇▇-▇▇▇▇ or write us at Finance Factors, Limited, Attn: EFT Division, P. O. Box 3979, Honolulu, Hawaii 96812-9979, as soon as you can, if you think your statement is wrong or if you need more information about an Electronic Fund Transfer listed on the statement. We must hear from you no later than 60 days after we sent the FIRST statement on which the problem or error appeared. When reporting an error or requesting more information: 1. Tell us your name and account number. 2. Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information. 3. Tell us the dollar amount of the suspected error. If you tell us orally, we may require that you also send us your complaint or question in writing within 10 business days. We will tell you the results of our investigation within 10 business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days to investigate your complaint or question. If we decide to do this, we will re-credit your account within 10 business days for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within 10 business days, we may not re-credit your account. We will tell you the results within 3 business days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of the documents that we used in our investigation. If your request relates to a wire transfer or is a routine inquiry, such as a request for the balance in your account or for documents for tax purposes, we will not treat your request as relating to an error and our response may take longer than the periods described above and will not involve any re-crediting.