Common use of Automated Clearing House Deposits Clause in Contracts

Automated Clearing House Deposits. In order to transfer funds from an account that you own or have control of at another financial institution to your account at Sable using the Automated Clearing House (“ACH”) Funds Transfer service, we use a service called Plaid Technologies, Inc. (“Plaid”) to gather your data from external financial institutions you connect via the Sable App. By using our service, you xxxxx Xxxxx and Plaid the right, power, and authority to act on your behalf to access and transmit your personal and financial information from the relevant financial institution. You agree to your personal and financial information being transferred, stored, and processed by Plaid in accordance with the Plaid Privacy Policy at xxxxx.xxx/xxxxx. ACH transactions will not be processed and accessible until the service is activated by us. Funds from these types of deposits will not be available until after the funds have settled. Sable accepts cash deposits via the Mastercard rePower® network. Funds deposited via this method will be made available within 24 hours of the deposit for use. The Mastercard rePower® daily limit is $500.00. Please do not send cash deposits through the mail. In the event that a cash deposit is received for your Account, you agree that Xxxxx’s determination of the amount of the deposit will be final. We are not liable for any deposits, including cash, lost in the mail, lost in transit, or not received by us. You may initiate direct deposits by providing your employer or government benefits administration with our Routing Number and your Account number, which can be found by logging in to the Sable App. If we deposit any amount into your account which should have been returned to the Federal Government for any reason, you authorize us to deduct the amount of our liability to the Federal Government from your account, without prior notice and at any time, except as prohibited by law. We may also use any other legal remedy to recover the amount of our liability. If a direct deposit posts to your account and is later found to be made payable to someone other than yourself or another account owner listed in our records, the amount of the deposit will be deducted from your account and returned to the originator without prior notice to you. All checks submitted for deposit must be made payable to you. We do not accept third-party checks. We do not accept deposits in foreign funds or checks drawn on banks outside the United States. We reserve the right to reject a deposit if it is made payable to Sable or Coastal Community Bank. We reserve the right to refuse any other type of deposit if we believe it is fraudulent, will not be paid, it is not made payable to you, or is otherwise suspicious in nature. We will not be held liable if such action causes outstanding items to be dishonored and returned, or payment orders to be rejected. You agree to properly endorse all items captured and submitted using the Mobile Deposit Service. This should include a signature(s) from the named payee(s). It is also recommended that you write “For Sable Mobile Deposit Only.” You agree, after you submit an item for deposit using the mobile deposit service, you will not redeposit, otherwise transfer, or negotiate the original item. For checks sent via mobile deposit, the check shall not be considered to have been received by us until we have received the valid electronic check image file. Limits to the number of mobile deposits permitted and the amount of funds that can be deposited are imposed for security reasons. For this purpose, we may not readily disclose those limits to you. All deposits will be credited to your account in accordance with our Funds Availability Policy.

Appears in 6 contracts

Samples: Account Agreement, Account Agreement, Bank Account & Debit Card Agreement

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Automated Clearing House Deposits. In order to transfer funds from an account that you own or have control of at another financial institution to your account at Sable Save using the Automated Clearing House (“ACH”) Funds Transfer service, we use a service called Plaid Technologies, Inc. (“Plaid”) to gather your data from external financial institutions you connect via the Sable Save App. By using our service, you xxxxx Xxxxx grant Save and Plaid the right, power, and authority to act on your behalf to access and transmit your personal and financial information from the relevant financial institution. You agree to your personal and financial information being transferred, stored, and processed by Plaid in accordance with the Plaid Privacy Policy at xxxxx.xxx/xxxxx. ACH transactions will not be processed and accessible until the service is activated by us. Funds from these types of deposits will not be available until after the funds have settled. Sable accepts We do not accept cash deposits via the Mastercard rePower® network. Funds deposited via this method will be made available within 24 hours of the deposit for use. The Mastercard rePower® daily limit is $500.00deposits. Please do not send cash deposits through the mail. In the event that a cash deposit is received for your Account, you agree that XxxxxSave’s determination of the amount of the deposit will be final. We are not liable for any deposits, including cash, lost in the mail, lost in transit, or not received by us. You may initiate direct deposits by providing your employer or government benefits administration with our Routing Number and your Account number, which can be found by logging in to into the Sable Save App. If we deposit any amount into your account which should have been returned to the Federal Government for any reason, you authorize us to deduct the amount of our liability to the Federal Government from your accountaccount or from any other account you have with us, without prior notice and at any time, except as prohibited by law. We may also use any other legal remedy to recover the amount of our liability. If a direct deposit posts to your account and is later found to be made payable to someone other than yourself or another account owner listed in our records, the amount of the deposit will be deducted from your account and returned to the originator without prior notice to you. All checks submitted for deposit must be made payable to you. We do not accept third-party checks. We do not accept deposits in foreign funds or checks drawn on banks outside the United States. We reserve the right to reject a deposit if it is made payable to Sable or Coastal Community Bank. We reserve the right to refuse any other type of deposit if we believe it is fraudulent, will not be paid, it is not made payable to you, or is otherwise suspicious in nature. We will not be held liable if such action causes outstanding items to be dishonored and returned, or payment orders to be rejected. You agree to properly endorse all items captured and submitted using the Mobile Deposit Service. This should include a signature(s) from the named payee(s). It is also recommended that you write “For Sable Mobile Deposit Only.” You agree, after you submit an item for deposit using the mobile deposit service, you will not redeposit, otherwise transfer, or negotiate the original item. For checks sent via mobile deposit, the check shall not be considered to have been received by us until we have received the valid electronic check image file. Limits to the number of mobile deposits permitted and the amount of funds that can be deposited are imposed for security reasons. For this purpose, we may not readily disclose those limits to you. All deposits will be credited to your account in accordance with our Funds Availability Policy.

Appears in 1 contract

Samples: Account Agreement

Automated Clearing House Deposits. In order to transfer funds from an account that you own or have control of at another financial institution to your account Bank Account at Sable Ellevest using the Automated Clearing House (“ACH”) Funds Transfer service, we use a service called Plaid Technologies, Inc. (“Plaid”) to gather your data from external financial institutions you connect via the Sable Ellevest App. By using our service, you xxxxx Xxxxx and Plaid the right, power, and authority to act on your behalf to access and transmit your personal and financial information from the relevant financial institution. You agree to your personal and financial information being transferred, stored, and processed by Plaid in accordance with the Plaid Privacy Policy at xxxxx.xxx/xxxxx. ACH transactions will not be processed and accessible until the service is activated by us. Funds from these types of deposits will not be available until after the funds have settled. Sable accepts We do not accept cash deposits via the Mastercard rePower® network. Funds deposited via this method will be made available within 24 hours of the deposit for use. The Mastercard rePower® daily limit is $500.00deposits. Please do not send cash deposits through the mail. In the event that a cash deposit is received for your Bank Account, you agree that XxxxxXxxxxxxx’s determination of the amount of the deposit will be final. We are not liable for any deposits, including cash, lost in the mail, lost in transit, or not received by us. You may initiate direct deposits by providing your employer or government benefits administration with our Routing Number and your Bank Account number, which can be found by logging in to the Sable Ellevest App. If we deposit any amount into your account Bank Account which should have been returned to the Federal Government for any reason, you authorize us to deduct the amount of our liability to the Federal Government from your accountBank Account or from any other Bank Account you have with us, without prior notice and at any time, except as prohibited by law. We may also use any other legal remedy to recover the amount of our liability. If a direct deposit posts to your account Bank Account and is later found to be made payable to someone other than yourself or another account Bank Account owner listed in our records, the amount of the deposit will be deducted from your account Bank Account and returned to the originator without prior notice to you. All checks submitted for deposit must be made payable to you. We do not accept cash. We do not accept third-party checks. We do not accept deposits in foreign funds or checks drawn on banks outside the United States. We reserve the right to reject a deposit if it is made payable to Sable Ellevest or Coastal Community the Bank. We reserve the right to refuse any other type of deposit if we believe it is fraudulent, will not be paid, it is not made payable to you, or is otherwise suspicious in nature. We will not be held liable if such action causes outstanding items to be dishonored and returned, or payment orders to be rejected. You agree to properly endorse all items captured and submitted using the Mobile Deposit Service. This should include a signature(s) from the named payee(s). It is also recommended that you write “For Sable Ellevest Mobile Deposit Only.” You agree, after you submit an item for deposit using the mobile deposit service, you will not redeposit, otherwise transfer, or negotiate the original item. For checks sent via mobile deposit, the check shall not be considered to have been received by us until we have received the valid electronic check image file. Limits to the number of mobile deposits permitted and the amount of funds that can be deposited are imposed for security reasons. For this purpose, we may not readily disclose those limits to you. All deposits will be credited to your account Bank Account in accordance with our Funds Availability Policy.

Appears in 1 contract

Samples: Membership Agreement

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Automated Clearing House Deposits. In order to transfer funds from an account that you own or have control of at another financial institution to your account Bank Account at Sable Ellevest using the Automated Clearing House (“ACH”) Funds Transfer service, we use a service called Plaid Technologies, Inc. (“Plaid”) to gather your data from external financial institutions you connect via the Sable Ellevest App. By using our service, you xxxxx Xxxxx and Plaid the right, power, and authority to act on your behalf to access and transmit your personal and financial information from the relevant financial institution. You agree to your personal and financial information being transferred, stored, and processed by Plaid in accordance with the Plaid Privacy Policy at xxxxx.xxx/xxxxx. ACH transactions will not be processed and accessible until the service is activated by us. Funds from these types of deposits will not be available until after the funds have settled. Sable accepts We do not accept cash deposits via the Mastercard rePower® network. Funds deposited via this method will be made available within 24 hours of the deposit for use. The Mastercard rePower® daily limit is $500.00deposits. Please do not send cash deposits through the mail. In the event that a cash deposit is received for your Bank Account, you agree that XxxxxEllevest’s determination of the amount of the deposit will be final. We are not liable for any deposits, including cash, lost in the mail, lost in transit, or not received by us. You may initiate direct deposits by providing your employer or government benefits administration with our Routing Number and your Bank Account number, which can be found by logging in to the Sable Ellevest App. If we deposit any amount into your account Bank Account which should have been returned to the Federal Government for any reason, you authorize us to deduct the amount of our liability to the Federal Government from your accountBank Account or from any other Bank Account you have with us, without prior notice and at any time, except as prohibited by law. We may also use any other legal remedy to recover the amount of our liability. If a direct deposit posts to your account Bank Account and is later found to be made payable to someone other than yourself or another account Bank Account owner listed in our records, the amount of the deposit will be deducted from your account Bank Account and returned to the originator without prior notice to you. All checks submitted for deposit must be made payable to you. We do not accept cash. We do not accept third-party checks. We do not accept deposits in foreign funds or checks drawn on banks outside the United States. We reserve the right to reject a deposit if it is made payable to Sable Ellevest or Coastal Community the Bank. We reserve the right to refuse any other type of deposit if we believe it is fraudulent, will not be paid, it is not made payable to you, or is otherwise suspicious in nature. We will not be held liable if such action causes outstanding items to be dishonored and returned, or payment orders to be rejected. You agree to properly endorse all items captured and submitted using the Mobile Deposit Service. This should include a signature(s) from the named payee(s). It is also recommended that you write “For Sable Ellevest Mobile Deposit Only.” You agree, after you submit an item for deposit using the mobile deposit service, you will not redeposit, otherwise transfer, or negotiate the original item. For checks sent via mobile deposit, the check shall not be considered to have been received by us until we have received the valid electronic check image file. Limits to the number of mobile deposits permitted and the amount of funds that can be deposited are imposed for security reasons. For this purpose, we may not readily disclose those limits to you. All deposits will be credited to your account Bank Account in accordance with our Funds Availability Policy.

Appears in 1 contract

Samples: Membership Agreement

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