Common use of Operating Rules Clause in Contracts

Operating Rules. All electronic funds transfers to or from your Account are subject to all Applicable Laws including, without limitation, rules, regulations and operating rules and operating guidelines established by NACHA, the Electronic Payments Association, and any other money transfer or electronic payments system or network, check clearing organization and payment clearinghouse used by us in connection with your transactions (collectively, the “Operating Rules”) and the regulations and operating circulars of the Federal Reserve Board, all of which are included within the definition of “Applicable Law.” Both parties agree to be bound by the Operating Rules where applicable. We are not responsible or liable for any inaccurate or incomplete information received from a payments network.