Limitations on Transactions. At Terminals, where permitted, you may use your Card to withdraw funds on any one Business Day up to a specified amount that will be established by the Credit Union (your ‘Parameter Amount’). You may purchase, using your debit Card, up to a specified amount that will be established by the Credit Union (your Parameter Amount), of goods and/or services each business day from places that accept the Card. Our Business Days are Monday through Friday except Holidays. On days which are not Business Days (such as weekends or Holidays) your Parameter Amount may be withdrawn during the period beginning at 2:00 p.m. on the day before the weekend or Holiday begins and extending until 2:00 p.m. on the day after the weekend or Holiday ends. There may be a delay in the posting of deposits or payments made at Terminals. Any items deposited (when available and where allowed under applicable banking regulations) may not be available for immediate withdrawal. Deposits will be processed using the normal check collection and processing procedures. You may not use your Card for a transaction that would cause the outstanding balance of either of your designated accounts to be less than zero or for obtaining any amounts in excess of your Parameter Amount. Nor may the Card be used to transfer money to or from accounts which you do not have or which are not ‘desig- nated accounts’. We shall not be required to complete any such transactions, but if we do, you agree to pay us any excess amount or any improperly withdrawn or transferred amount immediately upon request from us. We may impose additional restrictions or limitations on the use of your Card when we believe they are necessary to safeguard the Card against misuse. Use of your Card for fraudulent or illegal transactions, and or solicitations via the internet, direct mail, or any other recognized form of commerce, is against the law. Offenders will be prosecuted.
Appears in 1 contract
Sources: Electronic Fund Transfer (Eft) Cardholder and Account Agreement
Limitations on Transactions. At Terminals, where permitted, you may use your Card to withdraw funds on any one Business Day up to a specified amount that will be established by the Credit Union (your ‘Parameter Amount’). You may purchase, using your debit Card, up to a specified amount that will be established by the Credit Union (your Parameter Amount), of goods and/or services each business day from places that accept the Card. Our Business Days are Monday through Friday except Holidays. On days which are not Business Days (such as weekends or Holidays) your Parameter Amount may be withdrawn during the period beginning at 2:00 p.m. on the day before the weekend or Holiday begins and extending until 2:00 p.m. on the day after the weekend or Holiday ends. There may be a delay in the posting of deposits or payments made at Terminals. Any items deposited (when available and where allowed under applicable banking regulations) may not be available for immediate withdrawal. Deposits will be processed using the normal check collection and processing procedures. You may not use your Card for a transaction that would cause the outstanding balance of either of your designated accounts to be less than zero or for obtaining any amounts in excess of your Parameter Amount. Nor may the Card be used to transfer money to or from accounts which you do not have or which are not ‘desig- nated designated accounts’. We shall not be required to complete any such transactions, but if we do, you agree to pay us any excess amount or any improperly withdrawn or transferred amount immediately upon request from us. We may impose additional restrictions or limitations on the use of your Card when we believe they are necessary to safeguard the Card against misuse. Use of your Card for fraudulent or illegal transactionstrans- actions, and or solicitations via the internet, direct mail, or any other recognized form of commerce, is against the law. Offenders will be prosecuted.
Appears in 1 contract
Sources: Electronic Fund Transfer (Eft) Cardholder and Account Agreement
Limitations on Transactions. At Terminals, where permitted, you may use your Card to withdraw funds on any one Business Day up to a specified amount that will be established by the Credit Union (your ‘Parameter Amount’). You may purchase, using your debit Card, up to a specified amount that will be established by the Credit Union (your Parameter Amount), of goods and/or services each business day from places that accept the Card. Our Business Days are Monday through Friday except Holidays. On days which are not Business Days (such as weekends or Holidays) your Parameter Amount may be withdrawn during the period beginning at 2:00 p.m. on the day before the weekend or Holiday begins and extending until 2:00 p.m. on the day after the weekend or Holiday ends. There may be a delay in the posting of deposits or payments made at Terminals. Any items deposited (when available and where allowed under applicable banking regulations) may not be available for immediate withdrawal. Deposits will be processed using the normal check collection and processing procedures. You may not use your Card for a transaction that would cause the outstanding balance of either of your designated accounts to be less than zero or for obtaining any amounts in excess of your Parameter Amount. Nor may the Card be used to transfer money to or from accounts which you do not have or which are not ‘desig- nated accounts’. We shall not be required to complete any such transactions, but if we do, you agree to pay us any excess amount or any improperly withdrawn or transferred amount immediately upon request from us. We may impose additional restrictions or limitations on the use of your Card when we believe they are necessary to safeguard the Card against misuse. Use of your Card for fraudulent or illegal transactionstrans- actions, and or solicitations via the internet, direct mail, or any other recognized form of commerce, is against the law. Offenders will be prosecuted.
Appears in 1 contract
Sources: Electronic Fund Transfer (Eft) Cardholder and Account Agreement