Common use of Cancellation or Amendment of Entries Clause in Contracts

Cancellation or Amendment of Entries. You have no legal right to cancel or amend any Entry after we receive it. However, we will generally use reasonable efforts to act on a request by you for cancellation or amendment of an Entry if we can do so prior to its transmission to the ACH Operator or, in the case of an On-Us Entry, prior to debiting or crediting the Receiver’s account, provided such request complies with the security procedures required for cancellation of ACH data. We will have no liability if such cancellation or amendment is not effected. We are not able to cancel or amend any Entry after it has been transmitted to the ACH Operator.