Common use of Online Banking Administrators and Other Users Clause in Contracts

Online Banking Administrators and Other Users. An Online Banking Administrator has the authority to manage subscribed Services, including designating individuals who may use these Services and identifying the account(s) assigned to each Service. The Authorized Signer may delegate full authority to at least one (1) or maximum of two (2) Online Banking Administrators. The Online Banking Administrator may add and delete Online Users; perform password administration; grant new Online Users access to existing Services; and create, modify, and delete user entitlements for existing Services. A Company subscribed to ACH and/or Wire Transfer Services may instruct their designated Online Banking Administrator to submit a written request (including requests submitted electronically) to the account representative at the Bank to add, delete or change the authorized users of these modules. Any such request received from the Online Banking Administrator, as designated on the records of the Bank, will be deemed as authorized by the Company. Online Users can use the Services to which the Online Administrator has granted them access. Online Users may not grant or delete their own or another person’s access to any Service or account. View Only Web Users may view information but not perform transactions. This status is not available for all Services.

Appears in 4 contracts

Samples: Global Transaction Services Master Agreement, Master Agreement, Global Transaction Services Master Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.