Common use of Transaction Limits and Safeguards Clause in Contracts

Transaction Limits and Safeguards. You agree not to exceed the Service transaction limits we establish from time to time for your account (e.g., in connection with ACH transactions). You agree that you will not allow anyone to initiate transfer or payment instructions on your behalf without proper supervision and adequate safeguards, and that you will review pending payment and transfer instructions prior to their submission to us to ensure that they are complete, accurate and properly authorized.

Appears in 7 contracts

Samples: Business Electronic Services Agreement, Business Online Banking Agreement, Online Banking Agreement

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Transaction Limits and Safeguards. You agree not to exceed the Service Services transaction limits we establish from time to time for your account (e.g., in connection with ACH transactions). You agree that you will not allow anyone to initiate transfer or payment instructions on your behalf without proper supervision and adequate safeguards, and that you will review pending payment and transfer instructions prior to their submission to us to ensure that they are complete, accurate and properly authorized.

Appears in 4 contracts

Samples: Online and Mobile Business Banking Agreement, Online and Mobile Business Banking Agreement, Online Business Banking Agreement

Transaction Limits and Safeguards. You agree not to exceed the Service transaction limits we establish that are established by us or by law from time to time for your account (e.g.accounts. We may, but are not required, to process transaction in connection with ACH transactions)excess of specified limits. You agree that you will not allow anyone to initiate transfer or payment instructions on your behalf without proper supervision and adequate safeguards, and that you will review pending payment and transfer instructions prior to their submission to us to ensure that they are complete, accurate and properly authorized.

Appears in 3 contracts

Samples: Business Online Agreement, Business Online Agreement, Monarch Business Online Agreement

Transaction Limits and Safeguards. You agree not to exceed the Service transaction limits we establish from time to time for your account (e.g., in connection with ACH transactions)account. You agree that you will not allow anyone to initiate transfer or payment instructions on your behalf without proper supervision and adequate safeguards, and that you will review pending payment and transfer instructions prior to their submission to us to ensure that they are complete, accurate and properly authorized.

Appears in 3 contracts

Samples: Account Management Agreement, Account Management Agreement, Business Account Membership Agreements and Disclosures

Transaction Limits and Safeguards. You agree not to exceed the Service transaction limits we establish establish from time to time for your account (e.g., in connection with ACH transactions)account. You agree that you will not allow anyone to initiate transfer or payment instructions instructions on your behalf without proper supervision and adequate safeguards, and that you will review pending payment and transfer instructions instructions prior to their submission to us to ensure that they are complete, accurate and properly authorized.

Appears in 2 contracts

Samples: Account Management Agreement, Account Management Agreement

Transaction Limits and Safeguards. You agree not to exceed the Service transaction limits we establish from time to time for your account (e.g., in connection with ACH transactionstransactions or wire transfers). You agree that you will not allow anyone to initiate transfer or payment instructions on your behalf without proper supervision and adequate safeguards, and that you will review pending payment and transfer instructions prior to their submission to us to ensure that they are complete, accurate and properly authorized.

Appears in 1 contract

Samples: Business Banking Agreement

Transaction Limits and Safeguards. You agree not to exceed the Service transaction limits we establish from time to time for your Bank account (e.g., in connection with ACH transactions). You agree that you will not allow anyone to initiate transfer or payment instructions on your behalf without proper supervision and adequate safeguards, and that you will review pending payment and transfer instructions prior to their submission to us to ensure that they are complete, accurate and properly authorized.

Appears in 1 contract

Samples: Cash Management Agreement

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Transaction Limits and Safeguards. You agree not to exceed the Service transaction limits we establish from time to time for your account (e.g., in connection with ACH transactions)}. You agree that you will not allow anyone to initiate transfer or payment instructions on your behalf without proper supervision and adequate safeguards, and that you will review pending payment and transfer instructions prior to their submission to us to ensure that they are complete, accurate and properly authorized.

Appears in 1 contract

Samples: Cash Management Agreement

Transaction Limits and Safeguards. You agree not to exceed the Service transaction limits we establish established from time to time for your account (e.g., in connection with ACH transactions)Account. You agree that you will not allow anyone to initiate transfer or payment instructions on your behalf without proper supervision and adequate safeguards, and that you will review pending payment and transfer instructions prior to their submission to us to ensure that they are complete, accurate and properly authorized. The number of transfers that may be made from an Account is limited to the terms of the applicable Account Agreement.

Appears in 1 contract

Samples: Business Online Banking Master Agreement

Transaction Limits and Safeguards. You agree not to exceed the Service transaction limits we establish from time to time for your account (e.g., in connection with ACH transactions). You agree that you will not allow anyone to initiate transfer or payment instructions on your behalf without proper supervision and adequate safeguards, and that you will review pending payment and transfer instructions prior to their submission to us to ensure that they are complete, accurate and properly authorized. We will not be liable or responsible for transactions initiated using your Security Code even if they exceed the Service transaction limits.

Appears in 1 contract

Samples: Business Banking Online Agreement

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