Common use of Types of Services Available Clause in Contracts

Types of Services Available. a. ATM Card. If approved, you may use your card and personal identification number (PIN) in automated teller machine (ATMs) of the Credit Union, CO-OP, PLUS networks, and other machines or facilities as the Credit Union may designate. For ATM transactions, you must consent to the Credit Union’s overdraft privilege service in order for the transaction amount to be covered under the service. Without your consent, the Credit Union may not authorize and pay an overdraft resulting from this type of transaction. Services and fees for ATM overdrafts are shown in the document the Credit Union uses to capture the member’s opt-in choice for overdraft privilege and the Fee Schedule. At the present time, you may use your card to: • Make deposits to your designated accounts. • Withdraw funds from your designated accounts. • Transfer funds from your designated accounts. • Obtain balance information for your designated accounts. • Make point-of-sales (POS) transactions with your card and personal identification number (PIN) to purchase goods or services at POS terminals that carry the Interlink, AFFN logo. The following limitations on the frequency and amount of ATM transactions may apply: • There is a limit of 10 ATM withdrawals and POS purchases per one (1) day. • You may withdraw up to a maximum of $400 in any one (1) day, if there are sufficient funds in your account. • You may purchase up to a maximum of $400 from POS terminals per one (1) day, if there are sufficient funds in your share draft (checking) account. • You may transfer up to the available balance in your accounts at the time of the transfer. • See Section 2 for transfer limitations that may apply to these transactions. • For security purposes, there are other limits on the frequency and amount of withdrawals at ATMs. Because of the servicing schedule and processing time required in ATM operations, there may be a delay between the time a deposit (either cash or check) is made and when it will be available for withdrawal.