Customer Authorizations and Record Retention. Before the initiation by you of the first Entry to or from a Customer’s Account, you shall obtain from such Customer an authorization to initiate one or more Entries to or from the Customer’s Account, which authorization shall comply with the Rules. You shall provide Customer with a copy of such authorization. Each Entry thereafter shall be made pursuant to such authorization, and no Entry shall be initiated by you after such authorization has been revoked or the arrangement between you and such Customer has terminated. You shall retain Customer authorizations for two (2) years after they have terminated and other documents related to Entries for a period of two (2) years. You shall immediately furnish such authorizations and documents to the Bank upon the Bank’s request.
Appears in 7 contracts
Samples: Corplink Internet Banking Service Agreement, Corplink Internet Banking Service Agreement, Security First Bank
