Electronic funds transfers definition

Electronic funds transfers means electronic transaction services that the Bank may from time to time make available to you through the System, including, among other things, ATM withdrawals, preauthorized transactions, point of sale transactions, transfers to and from your accounts using the System, and Bill Payment Services. The termSystem Services” means the services provided pursuant to this Agreement, including services provided in conjunction with related agreements such as the Bill Pay Terms and Conditions and Mobile Banking Terms and Conditions. The term “Business Days” means Monday through Friday. Holidays are not included. Additional definitions used in this Agreement are set forth below.

Examples of Electronic funds transfers in a sentence

  • Electronic funds transfers are electronically initiated transfers of money from your account through the electronic funds transfer services described below.

  • Electronic funds transfers are electronically initiated transfers of money involving an account at the Financial Institution.

  • Electronic funds transfers are electronically initiated transfers of money involving an Account at the Bank.

  • Electronic funds transfers are electronically initiated transfers of money from your account through the EFT services described below.

  • Electronic funds transfers ("EFTs") are electronically initiated transfers of money through direct deposits, automated teller machines ("ATMs"), point of sale transactions, debit card purchases, audio response transactions and online transactions involving your deposit accounts at the Credit Union.


More Definitions of Electronic funds transfers

Electronic funds transfers means ATM withdrawals, preauthorized transactions, point of sale transactions and transfers to and from your Citizens Bank accounts using Citizens e-Branch Banking including Citizens e-Pay ▇▇▇▇ pay service. “Citizens e-Branch Banking Services” means the services provided pursuant to this Agreement, including the Citizens e-Pay ▇▇▇▇ Payment Service. “Business Day” means Monday through Friday, excluding Federal Holidays. State and federal law, including the Uniform Commercial Code, and regulations of the Federal Reserve System, other regulatory agencies and clearinghouse associations, regulate much of our relationship with you. These laws and regulations, as well as the terms of the Agreement, may change from time to time without notice to you unless required by law. Your continued use of the service following receipt of the Agreement or notice of a change is considered acceptance of the Agreement or change. Notice of a change may be made by mail or electronically. Some of the transactions permitted under this Agreement are governed by the Electronic Fund Transfer Act and some terms and conditions included in the Agreement are required by this Act. Account information displayed through Citizens e-Branch Banking is the balance and activity information as of the close of business of the previous business day; transactions that have been processed for the current day may be listed on the site for informational purposes only. Funds transfers between accounts initiated on your computer using Citizens e-Branch Banking and received by the Bank by 4:00 p.m. CT Monday through Friday will be effective on the current business day. Funds transfers processed on your computer using Citizens e-Branch Banking and received after 4:00 p.m. CT Monday through Friday or all day Saturday, Sunday, and banking holidays will be effective the following business day.
Electronic funds transfers or "Transfers" means ATM withdrawals, preauthorized transactions, POS transactions, and transfers to and from your Accounts using Online Banking Services, including the Bill Pay Service. "Mobile Banking" means a method of banking at Guaranty Bank in which transactions are conducted using a mobile device.
Electronic funds transfers or "Transfers" means ATM withdrawals, preauthorized transactions, POS transactions, and transfers to and from your Accounts using Online Banking Services, including the Bill Pay Service.
Electronic funds transfers means electronic transaction services that the Bank may from time to time make available to you through the System, including, among other things, ATM withdrawals, preauthorized transactions, point of sale transactions, transfers to and from your accounts using the System, and Bill Payment Services. The termSystem Services” means the services provided pursuant to this Agreement, including services provided in conjunction with related agreements such as the Bill Pay Terms and
Electronic funds transfers refers to the following activities with respect to a Personal Account: ATM and Debit Card transactions (including POS transactions), direct deposits of payroll checks or government checks, preauthorized withdrawals, other direct deposits, use of our 24-hour automated phone system or use of Titan Bank Online Banking Services. These electronic funds transfers are generally governed by regulations issued by the Federal Reserve Board of Governors. Similar electronic funds transactions made with respect to Business Accounts are governed by the Texas Business and Commerce Code and any applicable federal law, rule, or regulation. You understand that all electronic funds transfers must originate from an Account on which you are an Account Holder. We reserve the right to refuse the acceptance of any particular transfer for any reason. We are not obligated, however, to pay any overdraft. However, to the extent we decide to pay any overdraft, you authorize us to make transfers and/or advances to your Account(s) if the balance in your Account is at any time insufficient to support any transfers you authorize.
Electronic funds transfers. (“EFT”) means any transfer of funds, other than a transaction originated by check, draft or similar paper instrument, so as to order, instruct or authorize a financial institution to debit or credit a consumer checking, savings or other asset account (such as brokerage). Examples of EFT transactions are:
Electronic funds transfers means a funds transfer instruction which debits or credits an account and is initiated at an electronic terminal, and that is not originated in checks, drafts or other paper instruments.