Common use of Bank Account Registration and Synchronization of Banking Data Clause in Contracts

Bank Account Registration and Synchronization of Banking Data. The Bankin application provides You with a simple and convenient overview of all your bank accounts. You simply register the accounts You hold with different banking institutions and synchronize your bank statements. The Bankin application can be used to register and update accounts automatically and all at once. This functionality is available only for certain banking institutions. You can consult the list of eligible institutions via the drop-down synchronization menu. To register a bank account, You must select the name of the banking institution that holds your bank account(s) and then register your login(s) or account number(s) and password(s) for the banking institution(s). Once You have provided this information and your account(s) have been synchronized with the Bankin application, your data will be updated automatically. Perspecteev may decide, as of right and with no entitlement to compensation, (i) to withdraw a banking institution from the list of eligible banking institutions or (ii) to discontinue the option for automatic bank account synchronization and updating. Perspecteev will make an effort to give You reasonable advance notice of such withdrawals or discontinuations. In order to improve the application’s functionalities, Perspecteev reserves the right to suspend access to the application for a set period of time. In that case, Perspecteev will make an effort to give You reasonable advance notice that access will be suspended. Perspecteev will not under any circumstances be liable for the bank information and data obtained from the websites of your banking institutions, and in particular for the updating of such data. You are solely responsible for the banking data that is synchronized with your banks and You agree to grant access to said personal data for the purpose of using the Bankin application. In order to automatically update each User’s bank accounts and collect the corresponding banking data from different online banking services, passwords for these services must be entered automatically. You therefore accept the automated entry of the different passwords associated with the online banking services in which You enroll, and You are responsible for verifying that such operations are compatible with your contractual obligations to the banking institutions that hold your bank accounts.

Appears in 2 contracts

Samples: Accounting Subscription Agreement, Accounting Subscription Agreement

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Bank Account Registration and Synchronization of Banking Data. The Bankin application provides You with a simple and convenient overview of all your bank accounts. You simply register the accounts You hold with different banking institutions and synchronize your bank statements. The Bankin application can be used to register and update accounts automatically and all at once. This functionality is available only for certain banking institutions. You can consult the list of eligible institutions via the drop-down synchronization menu. To register a bank account, You must select the name of the banking institution that holds your bank account(s) and then register your login(s) or account number(s) and password(s) for the banking institution(s). Once You have provided this information and your account(s) have been synchronized with the Bankin application, your data will be updated automatically. Perspecteev may decide, as of right and with no entitlement to compensation, (i) to withdraw a banking institution from the list of eligible banking institutions or (ii) to discontinue the option for automatic bank account synchronization and updating. Perspecteev will make an effort to give You reasonable advance notice of such withdrawals or discontinuations. In order to improve the application’s 's functionalities, Perspecteev reserves the right to suspend access to the application for a set period of time. In that case, Perspecteev will make an effort to give You reasonable advance notice that access will be suspended. Perspecteev will not under any circumstances be liable for the bank information and data obtained from the websites of your banking institutions, and in particular for the updating of such data. You are solely responsible for the banking data that is synchronized with your banks and You agree to grant access to said personal data for the purpose of using the Bankin application. In order to automatically update each User’s 's bank accounts and collect the corresponding banking data from different online banking services, passwords for these services must be entered automatically. You therefore accept the automated entry of the different passwords associated with the online banking services in which You enroll, and You are responsible for verifying that such operations are compatible with your contractual obligations to the banking institutions that hold your bank accounts.

Appears in 2 contracts

Samples: Accounting Subscription Agreement, Sage One Subscription Agreement

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