ACH/Direct Debit Clause Samples

ACH/Direct Debit. Unless otherwise agreed with Merchant, Purchaser will withdraw the Periodic Amount by initiating a debit via the Automatic Clearing House (“ACH”) system to your Approved Account. You hereby authorize Purchaser to debit the designated amount from your Approved Account(s) on the periodic basis specified above, until the Amount Sold and any other fees and charges incurred under this Agreement have been received in full by Purchaser. You understand and acknowledge that, due to the timing of the receipt of data by Purchaser and the operations and rules of the ACH system as determined by the National Automated Clearing House Association (“NACHA”), Purchaser will not be able to confirm receipt of Receivables until after the actual debit. You agree to promptly provide any assistance requested by Purchaser and/or your financial institution to confirm to that you have authorized Purchaser to initiate debit via ACH to your Approved Account.
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ACH/Direct Debit. Customer agrees to enroll for automatic payment via direct debit ACH if Payments are less than $250 per month. Customer agrees to execute separate ACH/Direct Debit Form if this condition applies. Further, there will be a $7 per invoice charge if invoiced through the mail. There is no invoicing charge if invoiced electronically by email.
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ACH/Direct Debit. Customer agrees to enroll for automatic payment via credit card or direct debit ACH if payment is less than $250 per month. Customer agrees to execute separate ACH/Direct Debit Form if this condition applies.
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ACH/Direct Debit. Direct Debit allows fixed monthly customer payments to be automatically deducted from the customer’s bank account on a fixed day each month. It is a convenient way to pay, and ensures timely payment. GHL never charges the customer for these services and instead absorbs the fees into its operating costs.
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Related to ACH/Direct Debit

  • Direct Deposits The Credit Union may offer direct deposit options allowing you to preauthorize deposits (i.e., payroll checks, Social Security or retirement checks, or other government checks) or preauthorize transfers from other accounts at the Credit Union. You must authorize any direct deposits to your accounts by a separate authorization form. If applicable, you must notify the Credit Union at least thirty (30) days prior to any direct deposit or preauthorized transfer if you wish to cancel or change the direct deposit or direct transfer option. Upon a filing of a bankruptcy, if you fail to cancel any direct deposit authorization, you instruct your employer and the Credit Union to make and apply direct deposits in accordance with your authorization on file with the Credit Union. If the Credit Union is required to reimburse the U.S. Government for any benefit payment directly deposited into your account for any reason, you agree the Credit Union may deduct the amount returned from any of your accounts, unless prohibited by law.

  • Direct Deposit If you have arranged to have a direct deposit made to your account at least once every 60 days from the same source and you do not receive a receipt (such as a pay stub), you can find out whether or not the deposit has been made by calling (▇▇▇) ▇▇▇-▇▇▇▇. This does not apply to transactions occurring outside the United States.