Common use of Administrator Permissions Clause in Contracts

Administrator Permissions. An Administrator is able to take the following actions using the Services (to the extent Customer has qualified for a specific Service): (a) Setup and delete Users and define which Accounts and Services Users may access and the daily and/or other transaction limits (if applicable) within which Users may initiate and authorize funds transfers using Wire Transfer and Internal Funds Transfer Services. These limits can be amended by the Administrator(s) up to the maximum limits established by the Bank. The Administrator(s) and User(s) (to the extent authorized by the Administrator(s)) will be able to view and access each Account and each applicable Service in any manner and for any purpose available through Online Business Banking (whether now available or available at some time in the future), subject to the limitations and restrictions of this Agreement. All daily and transaction limits (whether per Customer, per Account, per User, or per Administrator) are subject to approval and limits established by the Bank, and the Bank reserves the right to modify all such daily and transaction limits from time to time at the Bank’s discretion, without advance notice. (b) View and change the permissions of the Users created. (c) Download transaction information to certain spreadsheet-compatible formats for use in connection with certain commercially available third-party accounting software.