Common Contracts

Automated Clearing House (ACH) Authorization Agreement

June 1st, 2020

• Filed
  June 1st, 2020

TIAA-CREF Individual & Institutional Services, LLC (“TIAA Brokerage”) offers the Automated Clearing House Service (“ACH Service”), which allows you to electronically transfer funds between your TIAA Brokerage Account(s) (“TIAA Brokerage Account”) and the third-party financial institution account designated by you (the “Third-Party Account”) using the Automated Clearing House Service Authorization. These electronic funds transfers, when related to a TIAA Brokerage Account that is owned by a natural person and used strictly for personal, family or household purposes, are subject to the Electronic Funds Transfer Act of 1978. This Automated Clearing House Agreement (“Disclosure and Agreement”) governs the ACH Services involving your TIAA Brokerage Account.