ACH arrangement definition

ACH arrangement means the agreement between the originator of the ACH transaction and the receiver of the ACH transaction.
ACH arrangement means an agreement between the originator and the receiver of an ACH transaction.

Examples of ACH arrangement in a sentence

  • A local unit shall not be a party to an ACH arrangement unless the governing body of the local unit has adopted a resolution to authorize electronic transactions and the treasurer or the ETO of the local unit has presented a written ACH policy to the governing body.

  • The authority for ACH credits and debits shall remain in full force and effect until you terminate it in writing, in a time and manner affording us the opportunity to act thereon, or until 10 days after we notify you in writing of our termination of the ACH arrangement.

  • On termination of the ACH arrangement, your right to use the CB Charge Program shall terminate.

  • An ACH arrangement shall remain in effect until it is terminated by a re- quest from the owner or coowner sub- mitted to the Bureau of the Public Debt, Parkersburg, WV 26102–1328.

  • On termination of the ACH arrangement, your right to use the cbCharge Program shall terminate.

  • An ACH arrangement under PA 738 of 2002 is not subject to the Revised Municipal Finance Act, Public Act 34 of 2001 (MCL 141.2101, et seq.), or to provisions of law or charter concerning the issuance of debt by a local unit.

  • The District may be a party to an Automated Clearing House (ACH) arrangement.

  • If you are in a non-pay status (such as Leave without Pay), you must still make loan payments directly to Fidelity by setting up an ACH arrangement.

  • Provided a retirement portability election is made to retain NAF Retirement coverage, you must contact Fidelity to set up your loan payments via ACH arrangement.

  • If after submission of deposit account information, it is de- termined that ACH payments cannot be accepted by the designated financial institution, pending receipt of new de- posit account information, payment will be made by check drawn to the registered owner or both coowners and mailed to the address of record.(5) Cancellation of ACH arrangement.

Related to ACH arrangement

  • Cash Management Agreements means those certain cash management agreements, in form and substance satisfactory to Agent, each of which is among Borrower or one of its Subsidiaries, Agent, and one of the Cash Management Banks.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;