Common use of Request Money Service Clause in Contracts

Request Money Service. The Request Money Service is only available if the financial institution of both the Requestor and Responder are Participating Financial Institutions. 9.8.1 If the Client uses the Request Money Service, the Client is responsible for: (a) providing a correct and operational email address, mobile number or other permitted contact information for the Responder; (b) ensuring that the Responder has consented to the Client providing and ATB Financial using such contact information for the purposes of the Request Money; and (c) promptly making any necessary changes to any permitted contact information of the Responder and keeping such information current; and (d) confirming the accuracy of the amount of the Request Money. 9.8.2 When the Client initiates a Request Money, Interac, on behalf of the Client, will send an email, text message or other notice to the intended Responder at the email address, mobile number or other permitted contact information that the Client designates. The notice will indicate: (a) that the Client is the Requestor; (b) the amount of the Request Money; (c) the name of the Responder; and (d) that the Client is using the Request Money Service. 9.8.3 The Responder may accept, decline or block the Request Money through ATB Business, the online banking service of another Canadian financial institution or through Interac. 9.8.4 The Responder will have up to ninety (90) calendar days within which to accept, decline or block the Request Money (or such other time period as designated by ATB Financial), after which, the Request Money will expire. The Client may cancel a Request Money up to the time the Request Money is accepted, declined or blocked. The Responder may not send the funds via Interac e-Transfer once the Client cancels the Request Money, even if the Responder has already received the notification of the Request Money. 9.8.5 If the Responder accepts the Request Money, and thereby fulfills the Request Money, the Interac e-Transfer amount will automatically be deposited into the Client’s Designated Account without the Client having to log into ATB Business or answer an Interac e-Transfer Question. The Responder cannot cancel the Interac e-Transfer Transaction once they have accepted the Request Money and sent the funds. 9.8.6 In the case that a Responder blocks the Request Money, they have the option to block all future Request Money transactions from the Client and / or change their preference to block receiving any future Request Money notifications. 9.8.7 If the Client has blocked Request Money notifications and would like to make changes to their preferences, the Client may do so through the Interac e-Transfer Service or ATB Business, as applicable.

Appears in 2 contracts

Samples: Atb Business Solutions Agreement, Atb Business Solutions Agreement

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Request Money Service. The Request Money Service is only available if the financial institution of both the Requestor and Responder are Participating Financial Institutions. 9.8.1 If the Client uses the Request Money Service, the Client is responsible for: (a) providing a correct and operational email address, mobile number or other permitted contact information for the Responder; (b) ensuring that the Responder has consented to the Client providing and ATB Financial using such contact information for the purposes of the Request Money; and; (c) promptly making any necessary changes to any permitted contact information of the Responder and keeping such information current; and (d) confirming the accuracy of the amount of the Request Money. 9.8.2 When the Client initiates a Request Money, Interac, on behalf of the Client, will send an email, text message or other notice to the intended Responder at the email address, mobile number or other permitted contact information that the Client designates. The notice will indicate: (a) that the Client is the Requestor; (b) the amount of the Request Money; (c) the name of the Responder; and (d) that the Client is using the Request Money Service. 9.8.3 The Responder may accept, decline or block the Request Money through ATB Business, the online banking service of another Canadian financial institution or through Interac. 9.8.4 The Responder will have up to ninety (90) calendar days within which to accept, decline or block the Request Money (or such other time period as designated by ATB Financial), after which, the Request Money will expire. The Client may cancel a Request Money up to the time the Request Money is accepted, declined or blocked. The Responder may not send the funds via Interac e-Transfer once the Client cancels the Request Money, even if the Responder has already received the notification of the Request Money. 9.8.5 If the Responder accepts the Request Money, and thereby fulfills the Request Money, the Interac e-Transfer amount will automatically be deposited into the Client’s Designated Account without the Client having to log into ATB Business or answer an Interac e-Transfer Question. The Responder cannot cancel the Interac e-Transfer Transaction once they have accepted the Request Money and sent the funds. 9.8.6 In the case that a Responder blocks the Request Money, they have the option to block all future Request Money transactions from the Client and / or change their preference to block receiving any future Request Money notifications. 9.8.7 If the Client has blocked Request Money notifications and would like to make changes to their preferences, the Client may do so through the Interac e-Transfer Service or ATB Business, as applicable.

Appears in 1 contract

Samples: Business Solutions Agreement

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Request Money Service. The Request Money Service is only available if the financial institution of both the Requestor and Responder are Participating Financial Institutions. 9.8.1 8.8.1 If the Client uses the Request Money Service, the Client is responsible for: (a: i) providing a correct and operational email address, mobile number or other permitted contact information for the Responder; (b; ii) ensuring that the Responder has consented to the Client providing and ATB Financial using such contact information for the purposes of the Request Money; and (cand iii) promptly making any necessary changes to any permitted contact information of the Responder and keeping such information current; andcontact (d) confirming the accuracy of the amount of the Request Money. 9.8.2 8.8.2 When the Client initiates a Request Money, Interac, on behalf of the Client, will send an email, text message or other notice to the intended Responder at the email address, mobile number or other permitted contact information that the Client designates. The notice will indicate: (a: i) that the Client is the Requestor; (b; ii) the amount of the Request Money; (c; iii) the name of the Responder; and (dand iv) that the Client is using the Request Money Service. 9.8.3 8.8.3 The Responder may accept, decline or block the Request Money through ATB Business, the online banking service of another Canadian financial institution or through Interac. 9.8.4 8.8.4 The Responder will have up to ninety (90) calendar days within which to accept, decline or block the Request Money (or such other time period as designated by ATB Financial), after which, the Request Money will expire. The Client may cancel a Request Money up to the time the Request Money is accepted, declined or blocked. The Responder may not send the funds via Interac e-Transfer once the Client cancels the Request Money, even if the Responder has already received the notification of the Request Money. 9.8.5 . 8.8.5 If the Responder accepts the Request Money, and thereby fulfills the Request Money, the Interac e-Transfer amount will automatically be deposited into the Client’s Designated Account without the Client having to log into ATB Business or answer an Interac e-Transfer Question. The Responder cannot cancel the Interac e-Transfer Transaction once they have accepted the Request Money and sent the funds. 9.8.6 In the case that a Responder blocks the Request Money, they have the option to block all future Request Money transactions from the Client and / or change their preference to block receiving any future Request Money notifications. 9.8.7 If the Client has blocked Request Money notifications and would like to make changes to their preferences, the Client may do so through the Interac e-Transfer Service or ATB Business, as applicable.

Appears in 1 contract

Samples: Business Solutions Agreement

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