Common use of OLBB ACH Module Clause in Contracts

OLBB ACH Module. Bank’s standard Security Procedures for the transmission or delivery of Entry Data via the OLBB ACH Module are to require that each batch of ACH Entries created via the OLBB ACH Module be confirmed using a different User ID and User Password than the User ID and User Password used to create the batch of ACH Entries. Confirmation must be provided by an OLBB Authorized Representative employing a Security Device furnished by Bank. Bank’s standard Security Procedures for the transmission or delivery of Entry Data via the OLBB ACH Module also include those security measures that Bank may offer and you may accept from time to time, such as device authentication, daily dollar limits, and international entitlements.

Appears in 6 contracts

Samples: Service Description, Treasury Services Master Agreement, Service Description

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