Electronic Check Clause Samples

Electronic Check. Conversion You may authorize a merchant or other payee to make a one-time electronic payment from your account using information from your check to 1) pay for purchases, or 2) pay bills. Account Inquiry You have the right to contact us to find out whether an electronic transfer has been credited or debited to your account. Call us at ▇-▇▇▇-▇▇▇-▇▇▇▇, or write to us at Curis Financial Credit Union, Customer Correspondence, P.O. Box 100167, Columbia SC 29202. Receipts You can get a receipt at the time you make any transfer to or from your account using one of our ATMs or when you use your card at a merchant terminal. Our Liability for Failure to Make Transfers If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. For instance, we will not be liable if: • Through no fault of ours, you do not have enough money in your account to make the transfer, • The transfer would go over the credit limit on a credit account linked for Overdraft Protection, • The ATM where you are making the transfer does not have enough cash, • The terminal or system was not working properly, and you knew about the breakdown when you started the transfer, • Circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions we have taken, or • There is some other exception stated in our Agreement with you. In Case of Errors or Questions About Your Electronic Fund Transfers If you see an error or have questions about your electronic transfers, think your deposit statement or receipt is wrong, or you need more information about a transfer listed on an account statement or receipt, call us at ▇-▇▇▇-▇▇▇-▇▇▇▇ or the number listed on your account statement, or write to us at Curis Financial Credit Union, Customer Correspondence, P.O. Box 100167, Columbia, SC, 29202 as soon as you can. We must hear from you no later than 60 days after we send the FIRST account statement on which the problem or error appeared, and you should take the following actions: • Tell us your name and account number (if any) and the dollar amount of the suspected error. • 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. If you tell us in person or by phone, we may require that you send us your complaint or question in writin...

Electronic Check. Conversion (▇▇▇) Exchange Rates for Foreign Transactions The exchange rate between the transaction currency and the billing currency used for processing international transactions is a rate selected by Visa from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives, or the government-mandated rate in effect for the applicable central processing date. TEL-E$L

Electronic Check. “eCheck”) Processing and Preauthorized Electronic Debit Entries. If selected by Merchant as part of the Services, Provider will provide eCheck and electronic debit entry transaction (“Entry”) processing services to Merchant where Merchant has obtained proper authorization from Merchant’s Customer that holds the deposit account to be debited (“eCheck Authorization”). Merchant is responsible for complying with all applicable Rules, laws and regulations governing electronic check processing, check conversion and/or the initiation of preauthorized electronic debit entries. Merchant agrees to maintain and store each eCheck Authorization and provide evidence of eCheck Authorizations to Provider upon its request. Additionally, Merchant agrees to record and store telephone conversations and other data transmissions with Customers for the purposes of demonstrating compliance with applicable Rules, laws, regulations and the requirements of this Agreement. Provider or Processor will report to Merchant those Entries which fail Processor’s verification process designed to identify accounts which have unpaid checks outstanding or have been closed for cause. If an Entry is being declined based on such verification process, Merchant agrees to provide such Customer (in a manner that complies with applicable laws, the NACHA Rules and applicable regulations) a decline notice. Merchant agrees not to reinitiate Entries once they have received a “Payment Stopped” as a reason for a return, unless an eCheck Authorization from the Customer overriding the stop payment has been received. Merchant understands, acknowledges and agrees that Processor verifications are for informational purposes only and are not a guaranty of payment of any Entry. Merchant has no right to cancel or amend any Entry after its receipt by Processor or Bank. Merchant is responsible for payment for an Entry even if the Entry is erroneous or is a duplicate Entry and regardless of whether Merchant was the source of the error or duplicate Entry.

Electronic Check. By writing a check to a merchant, you may authorize the merchant or payee to make a one-time electronic payment from your Checking Account using information from your check to pay for the purchase or to pay a bill. You may also authorize a merchant or payee to electronically debit your Checking Account for returned check fees. You are deemed to have authorized these transfers if you sign an authorization or if you engage in the transaction after receiving notice that the transfer will be treated as an Electronic Funds Transfer. Some of these services may not be available on all accounts.

Electronic Check. If User makes a purchase from Company by an electronic check, Company will not ship product out until the check cleared our system. Buyer’s Inspection: Upon the carrier’s delivery of Company’s products to Buyer, Buyer shall immediately inspect the products for damage and missing quantity while the carrier is still present. If ▇▇▇▇▇ discovers any damaged or missing product, Buyer shall require the carrier to

Electronic Check. In is completed live.

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 to pay bills. Consumer’s Liability for Unauthorized Transfers Tell us AT ONCE if you believe your Community Bank ATM Card, debit card, Access ID, Personal Identification Number (PIN) or similar card or code has been lost, stolen or learned by an