No,
any pre-authorized automatic debits that you had previously set - up were not affected by the conversion.
Not exact matches
Others will offer payment plans with
automatic debits from your checking account or
pre-authorized charges to your
debit or credit card.
* You may make only six (6) withdrawals or transfers to another party or to another account per month or statement cycle by means of
pre-authorized or
automatic transfers, telephone, electronic transfers, facsimile transmission, computer, check or
debit card.
Transaction Limitations: During any calendar month, You may not make more than six withdrawals from or transfers to another Credit Union Account of Yours or to a third party by means of a
pre-authorized or
automatic transfer or telephonic order or instruction, or by check, draft,
debit card, if applicable, or similar order to a third party.
Important Notice: By Federal regulation, savings accounts are limited to a combined total of six of the following transactions per calendar month: checks and
pre-authorized withdrawals / transfers (online and telephone transfers, bill payments, and
automatic debits are examples of these).
Money Market and Savings Excessive Activity (Checks,
debit card, telephone, internet,
pre-authorized, and
automatic debits after 6 per statement cycle)-- $ 10.00
This includes withdrawals made by check or draft to third parties;
debit or ATM card point - of - sale (POS) purchases; and
pre-authorized withdrawals such as
automatic transfers for overdraft protection and transfers made by telephone, online banking, mobile banking, bill pay, wire and facsimile.
Important notice: Federal regulations and the Deposit Agreement and Disclosures limit the number of the following types of withdrawals and transfers from a savings account to a total of 6 each monthly statement cycle (each month for savings accounts with a quarterly statement cycle):
automatic or
pre-authorized transfers, telephone transfers, Online Banking transfers or payments, or, if checks or
debit cards are allowed on the account, check, draft and point - of - sale transactions.