Common use of System Services Clause in Contracts

System Services. Depending upon the Services selected by Customer and authorized by the Bank, Customer can use the System to check the balance of Customer’s accounts, view account histories, transfer funds between Customer’s accounts, make stop payment requests, view checks, pay bills from Customer’s accounts in the amounts and on the dates requested, conduct wire transfers, and initiate ACH debits and credits. The availability of the System Services is subject to rules of operation set from time to time by the Bank, including posting, balance, and account activity. Customer agrees to familiarize itself, and to ensure familiarity by all of its Users, with all user guides, operational rules and policies established from time to time by the Bank regarding the System Services, and further agrees that it and all of its Users will comply with such rules and policies when utilizing the System. Without limiting the foregoing, Customer acknowledges and agrees that there may be delays in the posting of off-System transactional activity on the System from certain of Customer’s accounts, and Customer shall familiarize itself, and ensure familiarity by all of its Users, with the Bank’s procedures for updating account information as shown on the System.

Appears in 4 contracts

Samples: Business Online Banking Services Terms and Conditions, Business Online Banking Services Terms and Conditions, Business Online Banking Services Terms and Conditions

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