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Daily (automatic) transfers within HSFCU accounts
DAILY TRANSFER AUTHORIZATION
Requirement: Complete the form, print 2 copies (retain 1 for your records) and mail to address shown below.
I authorize the Hawaii State Federal Credit Union (HSFCU) to transfer funds from my account beginning
and continuing each month, thereafter, until I notify the Credit Union of any changes in writing. I understand and agree to the following terms and conditions:
Share-to-share transfers are limited to six (6) preauthorized, automatic, telephone, or audio response transfers (including overdraft protection transfers) per account to another account of yours during any calendar month. In the event an account reaches the maximum six (6) transfers in a month, the transfer will not be processed. HSFCU will not be responsible for any consequences resulting from this condition.
Overdraft protection transfers to ShareCheck Accounts are not allowed.
If an account balance is not sufficient to cover the amount of the transfer, only available funds will be withdrawn. This may result in a partial transfer. In the event a partial transfer results in a partial loan payment, you are responsible to pay the loan payment shortage. HSFCU will not be responsible for penalties incurred due to partial transfers.
If three (3) Non-Sufficient Funds (NSF) transfers are incurred within a six- (6) month period, this transfer authorization will automatically cancel.
When a loan is paid in full, the transfers will automatically cancel.
If the day of the transfer falls on a weekend or holiday, the transfer will be processed on the next business day with an effective date of the scheduled date of transfer. If there are less than 31 days in a month, transfers scheduled for the 31st will be processed on the last day of the month.
(Enter day of the month for transfer)
DISTRIBUTION PER TRANSFER
TO ACCT #/SUB-ACCT
Please complete, print, sign and mail to:
Hawaii State Federal Credit Union
P.O. Box 3072
Honolulu, HI 96802-3072
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Terms and Conditions
Federally insured by NCUA |
Equal Housing Lender