Common use of External Transfer Service Clause in Contracts

External Transfer Service. Within Digital Banking you may enroll to transfer funds between your Launch FCU savings & checking accounts and your non-Launch FCU accounts. You must be an owner of the Launch FCU account and the non-Launch FCU account. To verify you are an owner of this external account, micro-deposit verification will be required. If your transfer request is submitted prior to the 3:00pm cut-off time, funds will be debited to your Launch account the day after you submit the request or credited to your Launch account within 3 business days after you submit the request. You acknowledge and agree that Launch Federal Credit Union is relying upon the information you provide in originating an A2A transfer. Any errors in the information, including incorrect or inconsistent account names and numbers or the ABA number or name of the financial institution are my responsibility.

Appears in 2 contracts

Sources: Digital Banking Agreement, Digital Banking Agreement