Information Verification. To verify ownership of my Account(s), you may issue offsetting debits and credits to my Account(s) and require confirmation of such from me. Through my enrollment in BayFedOnline, I agree that you may obtain financial information regarding my account from a Payee or my financial institution (e.g., to resolve payment posting problems or for verification). Same-Day ACH. ACH funds received by the Credit Union on my behalf as a same-day ACH credit payment in accordance with NACHA Operating Rules will be available by 5:00 p.m. on the day that they are received. If the Credit Union initiates (sends) a same- day ACH debit payment to a third party on my behalf, such payment must be initiated before the cut-off time for same-day ACH debit payments, which is 2:45 p.m. (Pacific Time) on each weekday that the Credit Union is open that is not a federal holiday, with settlement occurring at 5:00 p.m. (Pacific Time) on the same day. Payment orders, cancellations, or amendments received after the applicable cut-off time may be treated as having been received on the following business day and processed accordingly. International payments and amounts of payments in excess of $1,000,000 are ineligible for same-day ACH processing and will be processed on the next business day. Authorization. The Credit Union may charge my account for the amount of any funds transfer initiated by me or by any person authorized by me as a joint tenant or other authorized party with the right of access to the account from which the funds transfer is to be made. I authorize you to select any means to execute my funds Provisional Credits. The Credit Union may give me credit for Automated Clearing House (ACH) payments before it receives final settlement of the funds transfer. Any such credit is provisional until the Credit Union receives final settlement of the payment. I am hereby notified and agree that, if the Credit Union does not receive such final settlement, it is entitled to a refund from me of the amount credited to me in connection with that ACH entry. This means that the Credit Union may provide me with access to ACH funds before the Credit Union actually receives the money. However, if the Credit Union does not receive the money, then the Credit Union may reverse the entry on my account, and I will be liable to repay the Credit Union. Zelle
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Information Verification. To verify ownership of my Account(s), you may issue offsetting debits and credits to my Account(s) and require confirmation of such from me. Through my enrollment in BayFedOnline, I agree that you may obtain financial information regarding my account from a Payee or my financial institution (e.g., to resolve payment posting problems or for verification). Same-Day ACH. ACH funds received by the Credit Union on my behalf as a same-day ACH credit payment in accordance with NACHA Operating Rules will be available by 5:00 p.m. on the day that they are received. If the Credit Union initiates (sends) a same- same-day ACH debit payment to a third party on my behalf, such payment must be initiated before the cut-off time for same-day ACH debit payments, which is 2:45 1:45 p.m. (Pacific Time) on each weekday that the Credit Union is open that is not a federal holiday, with settlement occurring at 5:00 3:00 p.m. (Pacific Time) on the same day. Payment orders, cancellations, or amendments received after the applicable cut-off time may be treated as having been received on the next following business day and processed accordingly. I understand that I will be charged and agree to pay the processing fee for same-day ACH debit payments set forth on your Schedule of Fees. International payments and amounts of payments in excess of $1,000,000 are ineligible for same-day ACH processing and will be processed on the next business day. Authorization. The Credit Union may charge my account for the amount of any funds transfer initiated by me or by any person authorized by me as a joint tenant or other authorized party with the right of access to the account from which the funds transfer is to be made. I authorize you to select any means to execute my funds transfer, including the Automated Clearing House (ACH). I agree to be bound by the rules and regulations that govern the applicable funds transfer system, including the rules published by the National Automatic Clearinghouse Association. Provisional Credits. The Credit Union may give me credit for Automated Clearing House (ACH) payments before it receives final settlement of the funds transfer. Any such credit is provisional until the Credit Union receives final settlement of the payment. I am hereby notified and agree that, if the Credit Union does not receive such final settlement, it is entitled to a refund from me of the amount credited to me in connection with that ACH entry. This means that the Credit Union may provide me with access to ACH funds before the Credit Union actually receives the money. However, if the Credit Union does not receive the money, then the Credit Union may reverse the entry on my account, account and I will be liable to repay the Credit Union. ZellePopmoney
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