Common Contracts
1 similar Authorization Agreement for Ach Electronic Vendor Payment and Remittance contracts
ContractAuthorization Agreement for Ach Electronic Vendor Payment and Remittance • November 20th, 2020
SOUTH CAROLINA STATE TREASURER’S OFFICE AUTHORIZATION AGREEMENT AND ENROLLMENT FORM FOR ACH ELECTRONIC VENDOR PAYMENT AND REMITTANCE By submitting this form, I authorize the State of South Carolina (hereinafter “the State”) to initiate electronic credit entries to a checking or a savings account indicated below at the financial institution identified below. I acknowledge that direct deposits to the designated account must comply with the provisions of U.S. law, as well as the requirements of the Office of Foreign Assets Control. I affirm that the entire payment amount is not subject to being transferred to a foreign bank account. I understand that payments and reimbursements may be made by the State, to me or the vendor I represent and only to the one bank account indicated. In the event of overpayment to this bank account, I authorize the State to make an adjusting debit entry to the account up to the amount of the overpayment. I may revoke or cancel this authorization and enrollment
