ACH Origination Terms and ConditionsAch Origination Terms and Conditions • February 24th, 2022 • Georgia
These Terms and Conditions (“Terms and Conditions”), which are incorporated by reference into and form part of the signed App lication and ACh Origination Terms and Conditions (“Application,” altogether the “Agreement”) is entered into between VeriCheck, Inc. ("VCI" or "PROCESSOR") and the company identified on the signed Application (“CUSTOMER”). PROCESSOR, in conjunction with an Originating Depository Financial Institution (“ODFI”) performs processing, and settlement services for CUSTOMER originating transactions through the ACh network. PROCESSOR will provide these services to CUSTOMER, for the purpose specified herein, but only if CUSTOMER agrees to abide by the terms and conditions set forth below. Although PROCESSOR will not control the payments, PROCESSOR will process automated clearing house (“ACH”) transactions as an agent of Merchant, causing funds to be transferred between Merchant’s designated account and the accounts of their customers, subject to the terms and conditions
ACH Origination Terms and ConditionsAch Origination Terms and Conditions • January 13th, 2021 • Georgia
These Terms and Conditions (“Terms and Conditions”), which are incorporated by reference into and form part of the signed Membership Application and Service Agreement (“Application,”) altogether the “Agreement”) is entered into between VeriCheck, Inc. ("VCI" or "PROCESSOR") and the company identified on the signed Application (“CUSTOMER”). PROCESSOR, in conjunction with an Originating Depository Financial Institution (“ODFI”) performs authorization, processing, and settlement services for CUSTOMER originating transactions through the ACH network. PROCESSOR will provide these services to CUSTOMER, for the purpose specified herein, but only if CUSTOMER agrees to abide by the terms and conditions set forth below. In consideration of the mutual covenants and agreements set forth herein, PROCESSOR and CUSTOMER agree as follows:
