Clearing definition
Examples of Clearing in a sentence
Nothing in this herein shall constitute a commitment or undertaking by Clearing Firm or my Broker to effect any ACH transaction or otherwise act upon my instructions or those of my Broker with respect to any account at Clearing Firm.
If I request Automated Clearinghouse (“ACH”) transactions from my Account at Clearing Firm, I authorize Clearing Firm to originate or facilitate transfer credits/debits to/from my eligible bank account.
I understand Clearing Firm or my Broker may not notify me of any returned or rejected ACH transfers.
Requesting Business or University is responsible for paying all FEDWIRE and/or Automated Clearing House (ACH) payment processing fees prior to sending full payment amount due on MOU to U.S. Department of Commerce, NOAA.
To the extent permitted by applicable law or regulation, Clearing Firm hereby disclaims all warranties, express or implied, and in no event shall Clearing Firm be liable for any special indirect, incidental, or consequential damages whatsoever resulting from the ACH electronic service or any ACH transactions.