Sentences with phrase «preauthorized transfers»
"Preauthorized transfers" refers to automatic or recurring transfers of funds that you have approved in advance. It means that you have given permission for a certain amount of money to be moved from one account to another on a regular basis without needing to initiate the transfer each time. Full definition
If you have arranged in advance to make regular electronic fund transfers out of your account (s) for money you owe others, you may stop payment of preauthorized transfers from your account.
utahfirst.com
Preauthorized transfers include, but are not limited to, transfers processed through Online Banking or Bank7 Voice.
We may offer preauthorized deposits (e.g., payroll checks, Social Security or retirement checks, or other government checks) or preauthorized transfers from other accounts.
You have the right to stop preauthorized transfers at any given time.
For either Money Market Account, federal regulations limit preauthorized transfers to third parties or to another account of yours to 6 per month (including debit transactions, ACH transfers, telephonic transfers or similar order).
You must authorize each direct deposit or preauthorized transfer by filling out a separate form.
Excessive preauthorized transfers may result in fees being charged and / or a conversion of your account to a different account type.
There is a regulatory limit of six (6) preauthorized transfers per month.
(C) Liability for Failure to Stop Payment of Preauthorized Transfers.
Electronic fund transfer systems include automated teller machine transfers, telephone bill - payment services, point - of - sale (POS) terminal transfers in stores and preauthorized transfers from or to a consumer's account (such as direct deposit and social security payments).
Federal Regulations limit preauthorized transfers to third parties or to another account of yours to (6) per month (including debit transactions, ACH transfers, telephonic transfer or similar order).
Outgoing Automatic or Preauthorized Transfers (from the MMA), whether to member's other account or someone else ’s
Savings and Money Market Accounts (excluding Health Savings Account) are limited to six (6) preauthorized transfers, which include telephone transfers, online banking transfers, checks, drafts, debit card transactions, or similar orders made to third parties per statement cycle.
Federal regulations limit the number of transfers and electronic payments from a savings account to a maximum of six (6) per calendar month from the following categories: preauthorized transfers, including overdraft protection; telephone transfers; and electronic transactions, including WebsterOnline transactions, Webster Web - Link ® transactions, Checks, Check Card payments to third parties, Automated Clearing House (ACH) transactions and wire transfers.
◦ Liability for Failure to Stop Payment of Preauthorized Transfer.
Federal regulations limit the number of transfers and electronic payments from a money market account to a maximum of six (6) per statement cycle from the following categories: preauthorized transfers, including overdraft protection; telephone transfers; and electronic transactions, including WebsterOnline transactions, Checks, Check Card payments to third parties, Automated Clearing House (ACH) transactions and wire transfers.
Federal regulations limit the number of transfers and electronic payments from a savings account to a maximum of six (6) per calendar month from the following categories: preauthorized transfers, including overdraft protection; telephone transfers; and electronic transactions, including WebsterOnline transactions, Checks, Check Card payments to third parties, Automated Clearing House (ACH) transactions and wire transfers.
A preauthorized transfer includes any recurring transfer that you approved in advance, such as automatic bill payments.
This rule places no limit on ATM and in - person withdrawals, but it does limit checks, debit cards, computer activity and preauthorized transfers, which include automatic bill pay and overdraft protection transfers.
Failure to Stop Payment of Preauthorized Transfer: If you order us to stop payment on one of these payments three business days or more before the payment is scheduled and we do not do so, we will be liable for your losses or damages.
A preauthorized transfer includes any arrangement with us to pay a third party from your account at (i) a predetermined time; (ii) on a fixed schedule or (iii) upon oral or written orders including orders received through the automated clearing house (ACH).
1Fees will apply if you withdraw funds from your Santander ® Money Market Savings account more than 6 times by computer, telephone, preauthorized transfer, check, or Debit Card purchase each service fee period.
Federal regulations limit the number of transfers and electronic payments from a savings or money market account to a maximum of six (6) per calendar month or per monthly statement cycle from the following categories: preauthorized transfers, including overdraft protection; telephone transfers; and electronic transactions, including WebsterOnline transactions, Checks, Check Card payments to third parties, Automated Clearing House (ACH) transactions and wire transfers.
Tower, in accordance with Federal Reserve Board Regulation D, permits a total of only six (6) telephone and personal computer or preauthorized transfers (which includes automatic transfers to cover check overdrafts) per month from any type of savings account to any other account.
Continued third party transactions or preauthorized transfers, over the regulatory limit, will result in the money market account or savings account being closed or converted to a checking account.
A deposit account that generally earns higher interest than a checking account and limits you to no more than a total of 6 automatic or preauthorized transfers, telephone transfers or payments (including check, draft and point - of - sale transactions, if checks or debit cards are allowed on the account) from a savings account each monthly statement cycle.
Telephone, third party (checks, drafts & debit card transactions) and preauthorized transfers are limited to six per month.
Telephone, third party (drafts) and preauthorized transfers are limited to six per month.
If an institution fails to make an electronic fund transfer, or to stop payment of a preauthorized transfer when properly instructed by you to do so, you may sue for all damages that result from the failure.
1 You can withdraw funds from a Savings or Santander Money Market Savings account no more than 6 times by computer, telephone, preauthorized transfer, check, or Debit Card purchase each service fee period.
Transaction accounts, in general, are accounts which permit an unlimited number of payments to third persons and an unlimited number of telephone and preauthorized transfers to other accounts of yours with us.
A savings account that generally earns higher rates than regular savings accounts and limits you to no more than a total of six automatic or preauthorized transfers, telephone transfers or payments (including check, draft and point of sale transactions, if checks or debit cards are allowed on the account) from a savings account each monthly statement cycle.
Electronic fund transfer systems include automated teller machine transfers, telephone bill - payment services, point - of - sale (POS) terminal transfers in stores, and preauthorized transfers from or to a consumer's account (such as direct deposit and Social Security payments).
Under existing federal regulations, you may make a maximum of six preauthorized transfers (including telephone transfers and automatic transfers) from your money market account each month.
Federal Regulation D states that you may make no more than six (6) automatic or preauthorized transfers from your share savings or money market account per calendar month.