ACH Receipt Services Sample Clauses

ACH Receipt Services. Member elects to designate Alloya to be the Receiving Point with FRB for Member’s ACH file containing credit, debit and/or zero dollar ACH Entries. Member may also originate return and notification of change (“NOC”) Entries for credit, debit and/or zero dollar amounts using Alloya’s ACH System. (A) Member is the Receiving Depository Financial Institution (“RDFI”) and Alloya or its Agent is the Receiving Point and/or Third Party Service Provider with respect to all receipt Entries. (B) Member is the Originating Depository Financial Institution (“ODFI”) and the Originator and Alloya or its Agent is the Sending Point and/or Third Party Service Provider with respect to return and NOC Entries.
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  • Mobile Banking Services Mobile Banking is a personal financial information management service that allows you to access account information and conduct transactions using compatible and supported mobile phones and/or other compatible and supported wireless devices (including phones, "Wireless Devices"). We reserve the right to modify the scope of the Mobile Banking services at any time. We reserve the right to refuse to make any transaction you request through Mobile Banking. You agree and understand that Mobile Banking may not be accessible or may have limited utility over some mobile telephone networks, such as while roaming.

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