WIRE AND AUTOMATED CLEARING HOUSE TRANSFERS. a. Governing Rules: From time to time, you may be a party to an ACH entry of a wire transfer that may be credited or debited against your Account. You agree that all wire transfers you initiate will be subject the terms and conditions of the wire transfer agreement then in effect with respect to the type of transfer initiated. With respect to ACH transactions which you have authorized, you agree to be bound by the National Automated Clearing House Association (“NACHA”) operating rules and any local ACH operating rules then in effect. With respect to other electronic funds transfers, you agree to be bound by any rules then in effect governing the use of any system through which the funds may be transmitted including, but not limited to, Federal Reserve Board Regulation J with regard to Fed wire and the Clearing House Interbank Payments System (“CHIPS”) operating rules with regard to CHIPS.
Appears in 8 contracts
Samples: Customer Agreement, Customer Agreement, Customer Agreement
WIRE AND AUTOMATED CLEARING HOUSE TRANSFERS. a. Governing Rules: Rules From time to time, you may be a party to an ACH automated clearing house ("ACH") entry of a wire transfer that may be credited or debited against your Account. You agree that all wire transfers you initiate will be subject to the terms and conditions of the wire transfer agreement then in effect with respect to the type of transfer initiated. With respect to ACH transactions which you have authorized, you agree to be bound by the National Automated Clearing House Association (“"NACHA”") operating rules and any local ACH operating rules then in effect. With respect to other electronic funds transfers, you agree to be bound by any rules then in effect governing the use of any system through which the funds may be transmitted including, but not limited to, Federal Reserve Board Regulation J with regard to Fed wire Fedwire and the Clearing House Interbank Payments System (“"CHIPS”") operating rules with regard to CHIPS.
Appears in 7 contracts
Samples: static.fmgsuite.com, static.fmgsuite.com, static.fmgsuite.com
WIRE AND AUTOMATED CLEARING HOUSE TRANSFERS. a. Governing Rules: From time to time, you may be a party to an ACH automated clearinghouse (“ACH”) entry of a wire transfer that may be credited or debited against your Account. You agree that all wire transfers you initiate will be subject the terms and conditions of the wire transfer agreement then in effect with respect to the type of transfer initiated. With respect to ACH transactions which you have authorized, you agree to be bound by the National Automated Clearing House Association (“NACHA”) operating rules and any local ACH operating rules then in effect. With respect to other electronic funds transfers, you agree to be bound by any rules then in effect governing the use of any system through which the funds may be transmitted including, but not limited to, Federal Reserve Board Regulation J with regard to Fed wire and the Clearing House Interbank Payments System (“CHIPS”) operating rules with regard to CHIPS.
Appears in 3 contracts
Samples: Client Agreement, Client Agreement, Client Agreement