Common use of ACH Debits and Credits Clause in Contracts

ACH Debits and Credits. From time to time, originators that Customer authorizes may send automated clearinghouse (ACH) credits or debits for Customer's Accounts. These ACH transactions may include transactions that Customer may initiate by check but which a merchant or other payee converts to an electronic debit whether the check is presented at the point of sale or mailed to a merchant or other payee. For each ACH transaction, Customer agrees that the transaction is subject to the National Automated Clearing House Association (NACHA) Operating Rules and any local ACH operating rules then in effect. Customer agrees that we may rely on the representations and warranties contained in these operating rules and either credit or debit your Account, as instructed by the originator of the ACH transaction. Customer should avoid sharing Customer's Account number with third parties to help prevent unauthorized transactions on Customer's Accounts. Customer must notify us immediately of any unauthorized activity appearing in the Customer’s Account(s).

ACH Debits and Credits. From time to time, originators that Customer authorizes may send automated clearinghouse (ACH) credits or debits for Customer's ’s Accounts. These ACH transactions may include transactions that Customer may initiate by check but which a merchant or other payee converts to an electronic debit whether the check is presented at the point of sale or mailed to a merchant or other payee. For each ACH transaction, . Customer agrees that the transaction is subject to the National Automated Clearing House Association (NACHA) Operating Rules and any local ACH operating rules then in effect. Customer agrees that we may rely on the representations and warranties contained in these operating rules and either credit or debit your Account, as instructed by the originator of the ACH transaction. Customer should avoid sharing be careful about giving someone Customer's ’s Account number with third parties to help prevent unauthorized transactions on Customer's ’s Accounts. Customer must notify us immediately of any unauthorized activity appearing in the Customer’s Account(s).Account(s).The following terms apply to payments to or from your Account that are transmitted through an ACH: