Common use of Account Validation for External Accounts Clause in Contracts

Account Validation for External Accounts. You authorize us to validate any external account in a manner selected by us, including through the use of micro-deposits. If we choose to utilize micro-deposits to verify the external account, two low value deposits will be transferred into and debited out of your designated external account. Once the micro- deposits are complete, we may ask you to access your external account at the other financial institution to tell us the amount of the two micro-deposits or any additional information reported by your financial institution with these micro- deposits. We may also verify external accounts by requiring you to submit proof of ownership of such external account. If you are unable to provide validation of an external account, you will not be permitted to conduct transfers using such external account.

Account Validation for External Accounts. You authorize us to validate any external account in a manner selected by us, including through the use of micro-micro- deposits. If we choose to utilize micro-deposits to verify the external account, two low value deposits will be transferred into (and debited out of of) your designated external account. Once the micro- micro-deposits are complete, we may ask you to access your external account at the other financial institution to tell us the amount of the two micro-micro- deposits or any additional information reported by your financial institution with these micro- micro-deposits. We may also verify external accounts by requiring you to submit proof of ownership of such external account. If you are unable to provide validation of an external account, you will not be permitted to conduct transfers External Transfers using such external account.

Account Validation for External Accounts. You authorize us to validate any external account in a manner selected by us, including through the use of micro-deposits. If we choose to utilize micro-deposits to verify the external account, two low value deposits will be transferred into (and debited out of of) your designated external account. Once the micro- micro-deposits are complete, we may ask you to access your external account at the other financial institution to tell us the amount of the two micro-deposits or any additional information reported by your financial institution with these micro- micro-deposits. We may also verify external accounts by requiring you to submit proof of ownership of such external account. If you are unable to provide validation of an external account, you will not be permitted to conduct transfers External Transfers using such external account.