Transfer Requirements and Conditions Clause Samples

Transfer Requirements and Conditions. Your request for a transfer will be executed on the current Business Day so long as it is initiated by the cutoff time which may be as early as 2:00 p.m. If your request for a Standard transfer is received by the Credit Union on a day that is not a business day or on a business day after the established cut-off hour, we will not process your request until the next business day. Modifying or Cancelling Pending Transfers. Pending transfer instructions can be cancelled or modified until the cut-off time on the transfer date. If you close an Eligible or Verified Account, you are responsible to remove it from the service to avoid any transaction failure and charges related to a failed transaction. There may be additional fees to you for failed transactions. Rejection of an A2A Transfer Request. We reserve the right to reject your funds transfer request. We may reject a request if the dollar value of one or more of your transfer requests exceed the daily or monthly transfer limit, if you have insufficient available funds in your Eligible Credit Union Account for the amount of the A2A transfer, if your request is incomplete or unclear, if the Credit Union identifies a security risk related to a requested transfer, or if the Credit Union is unable to fulfill your request for any other reason. You understand the Credit Union may reject a request for an A2A transfer for one or more of the reasons set forth above. Cancellations, Amendments, or Recalls. You may cancel or amend a funds transfer request only if we receive your request prior to the execution of the funds transfer request and at a time that provides us with a reasonable opportunity to act upon that request. We shall not be liable to you for any loss resulting from the failure of the beneficiary financial institution to agree to a recall or amendment of your funds transfer request. You further agree that we shall not be responsible for any delay, or failure to execute your funds transfer request due to circumstances beyond our reasonable control - including, without limitation, any inaccuracy, interruption, delay in transmission, or failure in the means of Member to Member Transfers

Transfer Requirements and Conditions. When an Online Banking A2A Payment is made, the funds are withdrawn from your account within 1-3 business days. It is your responsibility to have the funds available when you initiate the transaction and maintain those available funds in the account for withdrawal. You agree that such requests constitute your authorization to us and the payment network to make the transfers. Once you have provided your authorization for the transfer, you may not be able to cancel the electronic transfer. Your request for a transfer will be processed on the current business day so long as it is initiated by the cutoff time of 10:00 p.m.

Transfer Requirements and Conditions. The Credit Union will make reasonable efforts to execute your requested transfer on the current Business Day so long as it is initiated by the cutoff time of 12:00 p.m.

Transfer Requirements and Conditions. Your request for a transfer will be executed on the current Business Day so long as it is initiated by the cutoff time of 2:00 p.m. EST If your request for a Standard transfer is received by the Credit Union on a day that is not a Business Day or on a Business Day after the established cut-off hour, we will not process your request until the next Business Day. We may change your transfer limits at any time. Any decrease will be subject to no- ▇▇▇▇, as required by law, but you agree that we may reduce your limits without prior notice upon occurrence of a Disqualifying Event, including: (i) any of your Credit Union accounts are not current or are not in good standing, (ii) you have had an overdraft, an over-limit item, or an item returned for insufficient funds with respect to any Credit Union account during the current or three prior calendar months, or (iii) you have had any prior transfer to or from a non-Credit Union account canceled, revoked, or uncompleted due to insufficient funds, revoked authorization, stopped payments, frozen accounts, or any similar reason.

Transfer Requirements and Conditions. Your request for a transfer will be executed on the current

Transfer Requirements and Conditions. Your request for a transfer will be executed on the current Busi- ness Day so long as it is initiated by the cutoff time of 2:00 p.m. Central Time If your request for a Standard transfer is received by the Credit Union on a day that is not a Business Day or on a Business Day after the established cut-off hour, we will not pro- cess your request until the next Business Day. Generally, it takes 3 to 5 business to set up a new ACH transfer, therefore we cannot guarantee when a payment will be received. We will not be responsible for any late payment or other costs incurred because your payment did not arrive when due. If time is of the essence, we recommend you send your payment by wire trans- fer. Transfers from an account at another institution to your account with us may be subject to holds in our discretion. We may change your transfer limits at any time. Any decrease will be subject to notice, as required by law, but you agree that we may reduce your limits without prior notice upon occurrence of a Disqualifying Event, including: (i) any of your Credit Union accounts are not current or are not in good standing, (ii) you have had an overdraft, an over-limit item, or an item returned for insufficient funds with respect to any Credit Union account during the current or three prior calendar months, or (iii) you have had any prior transfer to or from a non-Credit Union account canceled, revoked, or uncom- pleted due to insufficient funds, revoked authorization, stopped payments, frozen accounts, or any similar reason.