Common use of Preauthorized Checks or Drafts Clause in Contracts

Preauthorized Checks or Drafts. You should guard information about your account (such as your routing number and your account number) as carefully as you would guard blank checks. If you voluntarily give such information about your account to a party which is seeking to sell you goods or services, without physically delivering a check to it, any debit to or withdrawal from your account it initiates will be deemed authorized by you.

Appears in 5 contracts

Samples: Electronic Banking Agreement, Deposit Account Agreement, Deposit Account Agreement

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Preauthorized Checks or Drafts. You should guard information about your account (such as your routing number and your account number) as carefully as you would guard blank checks. If you voluntarily give such information about your account to a party which is seeking to sell you goods or services, without physically delivering a check to itthat party, any debit to or withdrawal from your account it initiates will be deemed authorized by you.

Appears in 2 contracts

Samples: Terms and Conditions of Your, Business Deposit Account Agreement

Preauthorized Checks or Drafts. You should guard information about your account (such as your our routing number and your account number) as carefully as you would guard blank checks. If you voluntarily give such information about your account to a party which is seeking to sell you goods or services, without physically delivering a check to it, any debit to or withdrawal from your account it initiates will be deemed authorized by you.

Appears in 1 contract

Samples: Deposit Account Agreement

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Preauthorized Checks or Drafts. You should guard information about your account (such as your routing number and your account number) as carefully as you would guard blank checks. If you voluntarily give such information about your account to a party which is seeking to sell you goods or services, without physically delivering a check to it, any debit to or withdrawal from your account it initiates will be deemed authorized by you.

Appears in 1 contract

Samples: Account Agreement

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