Common use of ACH Credit and Debit Entries Clause in Contracts

ACH Credit and Debit Entries. Your use of the ACH Credit and Debit Entries functions on Coast Online Pro will be governed by the ACH Services Addendum in addition to this Agreement. You may determine which individual employees are authorized to (i) input ACH Credit and Debit Entries, and (ii) transmit ACH Entries. Those individuals who are given access to the ACH Credit and Debit Entries function will be considered Company Authorized Representatives in the same fashion as those Company Authorized Representatives identified in the ACH Services Addendum. Your use of the Wire Transfer function on Coast Online Pro will be governed by the Funds Transfer Agreement and Authorization on file with the Credit Union (if applicable) in addition to this Coast Online Pro Agreement. You understand that it is your responsibility to provide accurate routing and account numbers to the Credit Union. You agree that you will review the routing and account numbers to ensure that they are accurate prior to transmission. To the extent not prohibited by law, you agree that the wire transfers are irrevocable and that the sole obligation of the Credit Union is to exercise ordinary care in processing this wire transfer and that it is not responsible for any losses or delays which occur as a result of any other party’s involvement in processing the transfer. The beneficiary’s bank may make payment based upon the beneficiary’s account number as entered by you, even if it identifies a person different from the named beneficiary. You will be charged a fee per transaction for Wire Transfers initiated on Coast Online Pro, as set forth in the current fee schedule.

Appears in 2 contracts

Samples: Coast Online Pro Agreement, Coast Online Pro Agreement

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ACH Credit and Debit Entries. Your use of the ACH Credit and Debit Entries functions on Coast Online Pro will be governed by the ACH Services Addendum in addition to this Agreement. You may determine which individual employees are authorized to (i) input ACH Credit and Debit Entries, and (ii) transmit ACH Entries. Those individuals who are given access to the ACH Credit and Debit Entries function will be considered Company Authorized Representatives in the same fashion as those Company Authorized Representatives identified in the ACH Services Addendum. Your use of the Wire Transfer function on Coast Online Pro will be governed by the Funds Transfer Agreement and Authorization on file with the Credit Union (if applicable) in addition to this Coast Online Pro Agreement. You understand that it is your responsibility to provide accurate routing and account numbers to the Credit Union. You agree that you will review the routing and account numbers to ensure that they are accurate prior to transmission. To the extent not prohibited by law, you agree that the wire transfers are irrevocable irre vocable and that the sole obligation of the Credit Union is to exercise ordinary care in processing this wire transfer and that it is not responsible for any losses or delays which occur as a result of any other party’s involvement in processing the transfer. The beneficiary’s bank may make payment based upon the beneficiary’s account number as entered by you, even if it identifies a person different from the named beneficiary. You will be charged a fee per transaction for Wire Transfers initiated on Coast Online Pro, as set forth in the current fee schedule.

Appears in 1 contract

Samples: Coast Online Pro Agreement

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ACH Credit and Debit Entries. Your use of the ACH Credit and Debit Entries functions on Coast Online Pro will be governed by the ACH Services Addendum in addition to this Agreement. You may determine which individual employees are authorized to (i) input ACH Credit and Debit Entries, and (ii) transmit ACH Entries. Those individuals who are given access to the ACH Credit and Debit Entries function will be considered Company Authorized Representatives in the same fashion as those Company Authorized Representatives identified in the ACH Services Addendum. Your use of the Wire Transfer function on Coast Online Pro will be governed by the Funds Transfer Agreement and Authorization on file with the Credit Union (if applicable) in addition to this Coast Online Pro Agreement. You understand that it is your responsibility to provide accurate routing and account numbers to the Credit Union. You agree that you will review the routing and account numbers to ensure that they are accurate prior to transmission. To the extent not prohibited by law, you agree that the wire transfers are irrevocable and that the sole obligation of the Credit Union is to exercise ordinary care in processing this wire transfer and that it is not responsible for any losses or delays which occur as a result of any other party’s involvement in processing the transfer. The beneficiary’s bank may make payment based upon the beneficiary’s account number as entered by you, even if it identifies a person different differe nt from the named beneficiary. You will be charged a fee per transaction for Wire Transfers initiated on Coast Online Pro, as set forth in the current fee schedule.

Appears in 1 contract

Samples: Coast Online Pro Agreement

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