ACH (AUTOMATED CLEARINGHOUSE) PROCESSING AGREEMENT TERMS AND CONDITIONSAch Processing Agreement • November 5th, 2012 • Arizona
Contract Type FiledNovember 5th, 2012 JurisdictionThe term Financial Institution as used in this ACH Agreement Terms and Conditions (“Agreement”) refers to collectively to any bank, ACH Third Party Sender, Operator or Service Provider with which Phoenix Payments, LLC (hereinafter “ACH PROCESSOR”) has a service or sponsor bank Agreement. Therefore, Client and ACH PROCESSOR acknowledge that such Financial Institution is an express and intended third-party beneficiary to this Agreement and has all the rights under this Agreement as if it were a party thereto, including, without limitation, the right to enforce any terms of the Agreement or assert claims against Client for breach of the Agreement.