ACH Services. Company wishes to initiate electronic file and/or external fund transfer Entries, pursuant to this Agreement and any attachments, exhibits, schedules and/or amendments hereinto attached, through Bank for deposit (“Credit”) and/or payment (“Debit”) of money to and from the accounts of Company maintained at Bank and at other Receiving Depository Financial Institutions (“RDFI”) by means of the Automated Clearing House (“ACH”). The Company will comply with the Operating Rules of NACHA and any other applicable local ACH Association rules (the “Rules”), and Bank is willing to act as an Originating Depository Financial Institution (“ODFI”) with respect to such Entries.
Appears in 4 contracts
Samples: Internet Banking Agreement, Internet Banking Agreement, Internet Banking Agreement
