The news article says you can do a transfer easily, but the actual contract terms do not.
An "external transfer" means out of their bank, not out of the country.
An "external transfer" means out of their bank, not out of the country.
The "Transaction Limits" refer to "Transfer to External Bank Account | Domestic or International" but the "Fee-Based Services and Transactions" section only references "Transfer to External Bank Account | International" and all the context there on the 3.5% + up to $7 fee is all about foreign exchange conversions.
It's standard banking terminology.[1][2]
[1] https://www.commercebank.com/personal/online-features/extern...
[2] https://www.lawinsider.com/dictionary/external-bank-account
Regarding using information for marketing purposes, the privacy policy at https://www.mctrpayment.com/privacy/ explicitly says they don't do that, they only share information related to everyday business purposes, not for marketing. What leads you to believe otherwise?
Table:
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Reasons we can share your personal information: For joint marketing with other financial companies.
Does New York Community Bancorp, Inc. share?: YES.
Can you limit this sharing: NO.
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This probably violates the California Consumer Privacy Act.