Common use of ACH Transfer Provisions— Clause in Contracts

ACH Transfer Provisions—. You acknowledge that when we initiate ACH Transfers on your behalf, or receive ACH Transfers on your behalf, they will be processed under the National Automated Clearing House Association (“NACHA”) Operating Rules. ACH Transfers that are deposited into your Account are provisional and will not be credited to your Account until final payment is received. We are not required to give next-day notice to you of our receipt of an ACH Transfer. You agree that we may reverse any ACH Transfer of funds to or from your Account without prior notice to you at any time if permitted by NACHA Operating Rules, which includes but is not limited to the following reasons: (a) we credited your Account in an incorrect amount, (b) the transfer represents a duplicate credit to your Account, (c) you were not entitled to the deposit, or (d) you were not the intended recipient of the deposit. We may reverse any provisional credit to your Account for which final payment is not received. • Recurring ACH Transfers that you have initiated from an Account at the Bank and that are returned by an external bank because, for example, you have closed your external account, or you provided an incorrect account number, may be deleted prior to the next scheduled ACH Transfer date. We have no obligation to contact you if we delete any such future ACH Transfers.

ACH Transfer Provisions—. You acknowledge that when we initiate ACH Transfers on your behalf, or receive ACH Transfers on your behalf, they will be processed under the National Automated Clearing House Association (“NACHA”) Operating Rules. ACH Transfers that are deposited into your Account are provisional and will not be credited to your Account until final payment is received. We are not required to give next-next- day notice to you of our receipt of an ACH Transfer. You agree that we may reverse any ACH Transfer of funds to or from your Account without prior notice to you at any time if permitted by NACHA Operating Rules, which includes but is not limited to the following reasons: (a) we credited your Account in an incorrect amount, (b) the transfer represents a duplicate credit to your Account, (c) you were not entitled to the deposit, or (d) you were not the intended recipient of the deposit. We may reverse any provisional credit to your Account for which final payment is not received. • Recurring ACH Transfers that you have initiated from an Account at the Bank and that are returned by an external bank because, for example, you have closed your external account, account or you provided an incorrect account number, may be deleted prior to the next scheduled ACH Transfer date. We have no obligation to contact you if we delete any such future ACH Transfers.