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What Is A Funds Transfer Agreement

Standard high-limit external transfers require that the member have not been active in NSF, that a transfer of external funds of $1,000 or more has been successfully concluded, and that at least 60 days have elapsed since that qualified transfer. We don`t limit the number of money transfers you can make; However, they cannot transfer funds that go beyond the number of transfers authorized by the rules and rules governing the accounts concerned. We may change from time to time, for security and risk management reasons, the limit, frequency and dollar transfers that you can make via our service. You agree that your transfer instructions are a closing authorization. You guarantee us and guarantee that you have enough money on the corresponding accounts to make any transfers you make on your behalf via the service. You understand and accept that we will not be liable for losses or damages if, without our fault, you do not have enough money to make the transfer and the transfer is not completed or cancelled at a later date, or if your financial institution does not authorize the transfer or if the transfer exceeds the credit limit for an applicable overdraft line. (1) Tell us your name and account number of the account to which the error relates. (2) Describe the error or transmission that you are not sure about and explain as clearly as possible why you think it is a mistake or why you need more information. (3) Tell us the dollar and the date of the alleged error. If you make any mistakes or questions about your money transfers, Email us at member_support@centralfcu.com, call us at 800-527-1017, option 3 or email us at Central One Federal Credit Union 714 Main St, Shrewsbury, MA 01545 as soon as possible if you think your statement is incorrect or if you need further information about a transfer indicated on the explanation.

You can see at any time a complete list of all your current fund transfers or transfers by clicking on the History tab. We must hear from you within 60 days of posting THE transfer on your statement. They cannot transfer funds beyond the limits described in the service. We reserve the right to change from time to time the dollar amount of remittances that you can make through our service. Without limitation of the above, if your use of the service has been suspended and reinstated, as shown below (see “Suspension and Pure Resolution of the Money Transfer Service” below), you understand and accept that your use of the Service subsequently may be subject to lower dollar restrictions than we otherwise allow. You understand that the financial institution with which an account is held can contact us to verify the content and authority of the transfer instructions and any changes to these instructions. You understand that as a representative, we can provide this financial institution with the information necessary to verify the instructions and constitute a valid security procedure according to the rules of that account. The most recent version of this agreement, as it appears on our website, including any changes we can make from time to time, represents the entire agreement between us and replaces and replaces all other written or oral agreements regarding the money transfer service. This agreement may only be amended or waived if the Central One Federal Credit Union accepts such changes in writing or if you continue to use the money transfer service after notification of the changes proposed by the Central One Federal Credit Union.

All notifications are made in writing, either by e-mail, by conventional mail or by conventional mail, which are distributed through the Central One Credit Union at discretion. All notifications to the Central One Federal Credit Union must be written and mailed or certified to the Central One Federal Credit Union in 714 Main St, Shrewsbury, MA 01545, we