ACH Instructions Clause Samples
The ACH Instructions clause sets out the procedures and requirements for initiating and processing payments via the Automated Clearing House (ACH) network. It typically specifies the necessary account information, authorization protocols, and timing for electronic fund transfers between parties. By clearly outlining how ACH payments should be handled, this clause helps ensure accurate, timely, and secure transactions, reducing the risk of payment errors or disputes.
ACH Instructions. Instructions may include any one or more of the following actions:
3.2.1. Company may filter all ACH Debit and/or Credit Entries on its account(s).
3.2.2. Company may authorize specified ACH Debit and/or Credit Entries to post against its account(s) and filter all others.
3.2.3. Company may filter all ACH Debit and/or Credit Entries to its account(s) (i) greater than a specified amount,
ACH Instructions. The Company must set up ACH Positive Pay instructions through Business Online Banking as of the date the Company first uses ACH Positive Pay. The instructions will not be binding on the Bank unless the instructions are submitted properly and are received in such time as to provide the Bank a reasonable opportunity to act thereon.
ACH Instructions. LPL Financial Concentration Account LPL Financial Concentration Account Bank of America Bank of America ABA: 0▇▇▇▇▇▇▇▇ ABA: 1▇▇▇▇▇▇▇▇ Account Number: 1233201578 Account Number: 1233201578 Re: Omnibus Invoice # Re: Omnibus Invoice # Tributary Balanced Fund - Institutional CL 8▇▇▇▇▇▇▇▇ FOBAX Tributary Balanced Fund - Institutional Plus CL 8▇▇▇▇▇▇▇▇ FOBPX Tributary Growth Opportunities Fund - Institutional CL 8▇▇▇▇▇▇▇▇ FOGRX Tributary Growth Opportunities Fund - Institutional Plus CL 8▇▇▇▇▇▇▇▇ FOGPX Tributary Income Fund - Institutional CL 8▇▇▇▇▇▇▇▇ FOINX Tributary Income Fund - Institutional Plus CL 8▇▇▇▇▇▇▇▇ FOIPX Tributary Nebraska Tax-Free Fund – Institutional Plus CL 8▇▇▇▇▇▇▇▇ FONPX Tributary Short-Intermediate Bond Fund - Institutional CL 8▇▇▇▇▇▇▇▇ FOSIX Tributary Short-Intermediate Bond Fund - Institutional Plus CL 8▇▇▇▇▇▇▇▇ FOSPX Tributary Small Company Fund - Institutional CL 8▇▇▇▇▇▇▇▇ FOSCX Tributary Small Company Fund - Institutional Plus CL 8▇▇▇▇▇▇▇▇ FOSBX Tributary Small/Mid Cap Fund - Institutional CL 8▇▇▇▇▇▇▇▇ FSMCX Tributary Small/Mid Cap Fund - Institutional Plus CL 8▇▇▇▇▇▇▇▇ FSMBX
ACH Instructions i. The Bank will perform its standard validation tests upon receipt of ACH-related instructions pertaining to the Account(s) (“ACH Instructions”), all of which shall conform to the then current ACH operating regulations and processing formats of the Bank, and submit those ACH Instructions that pass such validation tests to the ACH for execution.
ii. The Bank‘s deadline for receipt of ACH Instructions each Business Day, which is necessary to conform with the deadlines for processing ACH Instructions on the date of receipt as prescribed by such operating regulations, is set forth in Section 24 below.