ACH Full Terms and Conditions
Types of Transfers Covered
You are signing up for one-time or recurring electronic funds transfer payments (“transfers”) to be made from another financial institution to Service Credit Union. This form contains the disclosures that the Electronic Funds Transfer (EFT) Act requires us to disclose to you at the time you sign up for an EFT service.
Limitations
There is no limit to the number of transfers you may set up through our online banking platform. There is no daily limit on the number of transfers, but there is a standard limit of $10,000 per payment. You may request an exception to this through our contact center or via secure chat.
Right to Stop Payment and Procedures for Doing So
If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here is how: Call us at 800.936.7730 (U.S.) or 00800.4728.2000 (Int’l), or write to us at P.O. Box 1268, Portsmouth, NH 03802-1268, in time for us to receive your request three (3) business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and get it to us within fourteen (14) days after your call. If you order us to stop one of these payments three (3) business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages.