RTP Receipt Services Sample Clauses

RTP Receipt Services. Bank’s Real-Time Payments Receipt Service (“RTP Receipts”) enables Company to receive payments through a centralized real-time payments system (“RTP Network”) developed and operated by The Clearing House Payments Company (“TCH”). These payments, known as “Real-Time Payments” or “RTP” or “Instant Payments” can be sent or received every day of the year, 24 hours a day, subject to scheduled maintenance, as permitted by the rules issued by the TCH that govern the RTP Network (the “RTP Rules”). If a conflict arises between the RTP Rules and the Agreement, the RTP Rules will govern. Company agrees to be bound by and comply with the RTP Rules. The Bank will offer origination or Funds Transfers via the RTP Network at a later date.