Common use of NOTICE OF RECEIPT OF ACH ITEMS Clause in Contracts

NOTICE OF RECEIPT OF ACH ITEMS. Under the operating rules of the National Automated Clearing House Association which is applicable to ACH transactions involving Your Account and as permitted by law, We are not required to give You next day notice of receipt of an ACH item. We will continue to notify You of the receipt of payments in the periodic statements We provide to You.

NOTICE OF RECEIPT OF ACH ITEMS. Under the operating rules of the National Automated Clearing House Association which is are applicable to ACH transactions involving Your your Account and as permitted by law, We are not required to give You you next day notice of receipt of an ACH item, and We will not do so. We will continue to notify You you of the receipt of payments in the periodic statements We provide to Youyou.