Notice of Returned Entries. Bank shall notify Company by electronic transmission of the receipt of a returned entry from the ACH Operator no later than one business day after the business date of such receipt. Except for an Entry retransmitted by Company in accordance with the requirements of Section 2, Bank shall have no obligation to retransmit a returned Entry with respect to the original Entry.
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Samples: Clearing and Settlement Services Agreement (Transfirst Holdings Corp.), Clearing and Settlement Services Agreement (Transfirst Holdings Corp.), Clearing and Settlement Services Agreement (TransFirst Inc.)
Notice of Returned Entries. The Bank shall notify the Company by electronic transmission email, fax, or telephone of the receipt of a returned entry from the ACH Operator no later than one business 5:00 on the day after the business date of such receiptreceived. Except for an Entry retransmitted by Company in accordance with the requirements of Section 2, The Bank shall have no obligation to retransmit re-transmit a returned Entry entry if the Bank complied with the terms of this Agreement with respect to the original Entryentry.
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Samples: Ach Tax Payment Agreement
Notice of Returned Entries. Bank shall notify Company by telephone or electronic transmission of the receipt of a an Entry returned entry from the ACH Operator no later than one business on the day after the business date of such receipt. Except for an Entry retransmitted by Company in accordance with the requirements of Section 2this Agreement, Bank shall have no obligation to retransmit re-transmit a returned Entry to the ACH if Bank complied with the terms of this Agreement with respect to the original Entry. In the event that Company is the originator for the Bank, then return information will be transmitted to the Bank no later than the same day of receipt of the return.
Appears in 1 contract
Samples: Odfi Originator Agreement for Automated Clearing House Entries (Pacific Mercantile Bancorp)
Notice of Returned Entries. Bank shall notify Company by phone or electronic transmission transmission, including email, of the receipt of a returned entry Entry from the ACH Operator no later than one (1) business day after the business date day of such receiptreceipt of the returned Entry. Except for an Entry retransmitted by Company in accordance with the requirements of Section 24 (Processing Entries), Bank shall have no obligation to retransmit a returned Entry to the ACH Operator if Bank complied with the terms of this Service Description with respect to the original Entry.
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Notice of Returned Entries. Bank Financial institution shall notify Company company by telephone or electronic transmission of the receipt of a returned entry from the ACH Operator operator no later than one business day after the business date day of such receipt. Except for an Entry retransmitted transmitted by Company company in accordance with the requirements of Section 21, Bank Transmittal of Entries By Company, financial institution shall have no obligation to retransmit a returned Entry entry to the ACH operator if financial institution complied with the terms of the agreement with respect to the original Entry.
Appears in 1 contract
Samples: Ach Originator Agreement
Notice of Returned Entries. Bank shall notify Company Customer by electronic transmission such appropriate means of the receipt of a returned entry Entry from the ACH Operator no later than one business day Business Day after the business date Business Day of such receipt. Except for an Entry retransmitted re- transmitted by Company Customer in accordance with the requirements of Section 2, the Bank shall have no obligation to retransmit a returned Entry to the ACH Operator if Bank complied with the terms of this Agreement with respect to the original Entry.
Appears in 1 contract
Samples: Ach Origination Agreement
Notice of Returned Entries. Bank shall notify Company by phone or electronic transmission transmission, including email, of the receipt of a returned entry Entry from the ACH Operator no later than one business day (1) Business Day after the business date Business Day of such receiptreceipt of the returned Entry. Except for an Entry retransmitted by Company in accordance with the requirements of Section 24 (Processing Entries), Bank shall have no obligation to retransmit a returned Entry to the ACH Operator if Bank complied with the terms of this Service Description with respect to the original Entry.
Appears in 1 contract
Notice of Returned Entries. The Bank shall notify Company you by phone or electronic transmission transmission, including email of the receipt receipt, of a returned entry Entry from the ACH Operator no later than one (1) business day after the business date day of such receipt. Except for an Entry retransmitted by Company you in accordance with the requirements of Section 2this Service Description, the Bank shall have no obligation to retransmit a returned Entry to the ACH if the Bank complied with the terms of this Service Description with respect to the original Entry.
Appears in 1 contract
Samples: Business Banking Master Agreement