Common use of Sending Funds Clause in Contracts

Sending Funds. You can send funds to a recipient by (a) inputting the recipient’s email address into our Service so that we can send the recipient an email notifying them that you are sending them funds or (b) inputting the recipient’s mobile phone number into our Service so that we can send the recipient a text message notifying them that you are sending them funds. We are not responsible if you input the incorrect email address or mobile phone number and the recipient completes the transfer. We will debit the funds for the transfer from your account at the time you set up a transfer. The recipient of the pending transfer will need a GoBank account in order to receive their money and complete the transfer. We may, in our sole discretion, offer the recipient other ways to pick up the pending transfer. You may only send up to $2,000 per day and $5,000 in any 30 day period using our Service.

Appears in 2 contracts

Sources: Deposit Account Agreement, Deposit Account Agreement

Sending Funds. You can send funds to a recipient by (a) inputting the recipient’s email address into our Service so that we can send the recipient an email notifying them that you are sending them funds or (b) inputting the recipient’s mobile phone number into our Service so that we can send the recipient a text message notifying them that you are sending them funds. We are not responsible if you input the incorrect email address or mobile phone number and the recipient completes the transfer. We will debit the funds for the transfer from your account at the time you set up a transfer. The recipient of the pending transfer will need a GoBank account in order to receive their money and complete the transfer. We may, in our sole discretion, offer the recipient other ways to pick up the pending transfer. You may only send up to $2,000 per day and $5,000 in any 30 day period using our Servicethis service.

Appears in 1 contract

Sources: Deposit Account Agreement