Notice Disclosure. Under the operating rules of the National Automated Clearing House Association (“NACHA”), which sets the rules for Account ACH transactions, we are not required to give next-day notice of receipt of an ACH item, and we will not do so. However, we will continue to notify Customer of the receipt of payments in the periodic statements.
Appears in 5 contracts
Samples: Business Deposit Account Agreement, Business Deposit Account Agreement, Business Deposit Account Agreement
Notice Disclosure. Under the operating rules of the National Automated Clearing House Association (“NACHA”)Nacha, which sets the rules for Account ACH transactions, we are not required to give next-day notice of receipt of an ACH item, and we will not do so. However, we will continue to notify Customer of the receipt of payments in the periodic statements.
Appears in 2 contracts
Samples: Business Account Agreement, Business Account Agreement
