Common use of Authority to Process Transactions Clause in Contracts

Authority to Process Transactions. Servus Credit Union may accept, rely upon, and process any transaction transmitted to it with instructions to debit from the account of the member any amounts payable to third parties either on a one-time only or recurring basis. The use of online/mobile banking in connection with member’s access code constitutes Servus Credit Union’s authorization to process the transaction as instructed by member and to debit or credit member’s account in the amount specified by member. The member acknowledges and agrees that Servus Credit Union can accept, rely upon, and process any electronic transaction submitted or initiated by the access code, even though the member’s account(s) may require two or more signatures or other form of authorization.

Authority to Process Transactions. Servus Credit Union may accept, rely upon, upon and process any transaction transmitted to it with instructions to debit from the account Account of the member Member any amounts payable to third parties Third Parties either on a one-one time only or recurring basis. The use of onlineOnline/mobile banking Mobile Banking in connection with memberMember’s access code Access Code constitutes Servus Credit Union’s authorization to process the transaction as instructed by member Member and to debit or credit memberMember’s account Account in the amount specified by memberMember. The member Member acknowledges and agrees that Servus Credit Union can accept, rely upon, upon and process any electronic transaction Electronic Transaction submitted or initiated by the access code, even though the member’s account(s) may require two or more signatures or other form of authorization.or