Common use of Mobile Money Clause in Contracts

Mobile Money. If we approve Mobile Money for your accounts, your accounts can be accessed using Mobile Money via mobile device or other approved access device(s). Mobile Money will be available for your convenience 24 hours per day. Access to Mobile Money requires FAST Virtual Branch enrollment. At the present time, you may use Mobile Money to: ❖ Transfer funds from your share and share draft accounts. ❖ Obtain balance information for your share and share draft accounts. ❖ Make loan payments from your share, share draft, and loan accounts. ❖ Access your Overdraft Loan. ❖ Determine if a particular item has cleared. ❖ See the Transfer Limitations section. ❖ Access Bill Pay The Credit Union reserves the right to refuse any transaction which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account (unless overdraft privilege has been elected). All checks are payable to you as a primary member and will be mailed to your address of record. The Credit Union may refuse to honor any transaction for which you do not have sufficient available verified funds. There may be limits on the duration of each access. The Credit Union may set other limits on the amount of any transaction, and you will be notified of those limits. The Credit Union may impose a service fee as set forth in the Credit Union’s Fee Schedule. Additionally, consult with your mobile device service provider regarding any fees and charges that may be imposed by the provider. The following limitations on the frequency and amount of Mobile Money transactions may apply: ❖ There is no limit to the number of inquiries you may make in any one (1) day. ❖ See the Transfer Limitations section.

Appears in 2 contracts

Samples: www.webidiz.net, www.webidiz.net

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Mobile Money. If we approve Mobile Money for your accounts, your accounts can be accessed using Mobile Money via mobile device or other approved access device(s). Mobile Money will be available for your convenience 24 hours per day. Access to Mobile Money requires FAST Virtual Branch enrollment. At the present time, you may use Mobile Money to: Transfer funds from your share and share draft accounts. Obtain balance information for your share and share draft accounts. Make loan payments from your share, share draft, and loan accounts. Access your Overdraft Loan. Determine if a particular item has cleared. See the Transfer Limitations section. Access Bill Pay The Credit Union reserves the right to refuse any transaction which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account (unless overdraft privilege has been elected). All checks are payable to you as a primary member and will be mailed to your address of record. The Credit Union may refuse to honor any transaction for which you do not have sufficient available verified funds. There may be limits on the duration of each access. The Credit Union may set other limits on the amount of any transaction, and you will be notified of those limits. The Credit Union may impose a service fee as set forth in the Credit Union’s Fee Schedule. Additionally, consult with your mobile device service provider regarding any fees and charges that may be imposed by the provider. The following limitations on the frequency and amount of Mobile Money transactions may apply: There is no limit to the number of inquiries you may make in any one (1) day. See the Transfer Limitations section.

Appears in 2 contracts

Samples: www.webidiz.net, www.webidiz.net

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