Electronic Re-presented Checks or Other Items. If you write a check on a personal ac- count that we return unpaid because of insufficient or uncollected funds, the payee or any subsequent holder of the check may re-present the check to us, through an electronic ACH Transfers: You may initiate or receive credits or debits to your account through ACH transfer. You agree that if you receive funds by an ACH transfer, we are not required to notify you at the time the funds are received. Instead, the transfer will show on your periodic statement. We may provisionally credit your account for an ACH transfer before we receive final settlement. We may reverse the provisional credit or you will refund us the amount, if we do not receive final settle- ment. Wire Transfers: Except as amended by this Agreement, permitted electronic fund transfers that are subject to Article 4A of the Uniform Commercial Code, will be subject to such provisions of the Uniform Commercial Code as enacted by the state where the main office of the Credit Union is located. We may execute certain requests for an electronic funds transfer by Fedwire. Fedwire
Appears in 1 contract
Sources: Account Agreement
Electronic Re-presented Checks or Other Items. If you write a check on a personal ac- count that we return unpaid because of insufficient or uncollected funds, the payee or any subsequent holder of the check may re-present the check to us, through an electronic ACH Transfers: You may initiate or receive credits or debits to your account through ACH transfer. You agree that if you receive funds by an ACH transfer, we are not required to notify you at the time the funds are received. Instead, the transfer will show on your periodic statement. We may provisionally credit your account for an ACH transfer before we receive final settlement. We may reverse the provisional credit or you will refund us the amount, if we do not receive final settle- ment. Wire Transfers: Except as amended by this Agreement, permitted electronic fund transfers that are subject to Article 4A of the Uniform Commercial Code, will be subject to such provisions of the Uniform Commercial Code as enacted by the state where the main office of the Credit Union is located. We may execute certain requests for an electronic funds transfer by Fedwire▇▇▇▇▇▇▇. Fedwire▇▇▇▇▇▇▇
Appears in 1 contract
Sources: Account Agreement