Common use of Service Setup Clause in Contracts

Service Setup. Bank offers its OLBB service to enable you to issue electronic Payment Orders from your terminal or personal computer directly to Bank’s wire transfer system via the Internet. Your Corporate Administrators who are designated Authorized Users for the Service will establish other Authorized Users for the Service and grant service permissions and related IDs and passwords. Through this process you are authorizing persons (“OLBB Authorized Representatives”) to initiate and confirm electronic Payment Orders to Bank via the OLBB service.

Service Setup. Bank offers its OLBB service to enable you to issue electronic transmit Payment Orders Instructions directly from your terminal or personal computer directly to Bank’s wire transfer system via the Internet. Your Corporate Administrators who are designated Authorized Users for the Service will establish other Authorized Users for the Service and grant service permissions and related IDs and passwords. Through this process you are authorizing persons (“OLBB Authorized Representatives”) to initiate and confirm electronic transmit Payment Orders Instructions to Bank via the OLBB service.