Common use of Direct Deposits Clause in Contracts

Direct Deposits. If enabled by Platform for your Account, your Account number and bank routing number may be used for the purpose of initiating direct deposits to your Account. The recipient’s name on any direct deposit(s) we receive must match your name. Any direct deposits received in a name other than the name registered to the Account will be returned to the originator. If your Account number changes you must immediately notify your employer or any other payors. You must provide them with the new Account number to ensure that your direct deposit activity continues uninterrupted.

Appears in 19 contracts

Samples: Demand Deposit Account Agreement, Consumer Interest Checking Account Agreement, Consumer Interest Checking Account Agreement

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Direct Deposits. If enabled by Platform for your Account, your Account number and bank routing number may be used for the purpose of initiating direct deposits to your Account. The recipient’s name on any direct deposit(s) we receive must match your name. Any direct deposits received in a name other than the name registered to the Account will be returned to the originator. If your Account number changes you must immediately notify your employer or any other payors. You must provide them with the new Account number to ensure that your direct deposit activity continues uninterrupted.uninterrupted.‌‌‌‌‌‌‌

Appears in 7 contracts

Samples: Consumer Interest Checking Account Agreement, Consumer Interest Checking Account Agreement, Consumer Interest Checking Account Agreement

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