Common use of Virtual Currency Clause in Contracts

Virtual Currency. We do not accept business accounts or personal accounts transacting in any type of virtual currency (crypto- currency) services or transactions. Prohibited transactions include, but are not limited to: (i) wires (incoming/outgoing) (ii) ACH transactions (incoming/outgoing) (iii) privately owned ATMs dealing specifically with crypto-currency (iv) credit or debit card transactions. RBFCU monitors all members and transactions. If prohibited activity, suspicious activity and/or unsatisfactory account handling is detected, the Credit Union will review the account and take action either by limiting services or closing the account. (Refer to Limitation of Services).

Appears in 3 contracts

Sources: Membership Agreement, Membership Agreement, Membership Agreement