Common use of Registration for Service Clause in Contracts

Registration for Service. When you register for the P2P Service, you must identify your Eastern Bank personal account to or from which transfers are to be made and provide us with an email address and mobile phone number that you will use for the Service. By registering, you are authorizing the Bank to make deposits to the designated account when you receive funds through the P2P Service and to make withdrawals from the designated account when you authorize a P2P payment to someone else.