Examples of Entry Date in a sentence
If those requirements are not met, we shall use reasonable efforts to debit or credit the Receiver’s account, as applicable, in the amount of such Entry no later than the next business day following such Effective Entry Date.
All ACH transmissions must be received by the Bank as follows: - Debit transactions must be received by the Bank no later than 4:30 p.m. ET on a business day, at least one (1) business day prior to the Effective Entry Date of the transactions contained in the submission.
We may reject any Entry which does not comply with the requirements of Section 6 -- Transmittal of Entries by Third Party Sender, or Section 7 -- Security Procedures, or which contains an Effective Entry Date more than fourteen (14) days after the business day such Entry is received by us, unless otherwise agreed by the Bank in our sole discretion.
We shall notify you in accordance with Schedule A of such rejection no later than the business day such Entry would otherwise have been transmitted by us to the ACH Operator or, in the case of an On-Us Entry, its Effective Entry Date.
Except as otherwise provided in Section 11 – Rejection of Entries, with respect to rejected Entries, in the case of an Entry received for credit or debit to an account maintained by the Bank (an “On-Us Entry”), we will credit or debit the Receiver’s account, as applicable, in the amount of such Entry on the Effective Entry Date contained in such Entry, provided the requirements set forth in Section 6 -- Transmittal of Entries by Third Party Sender -- are otherwise met.