Common use of ACH Services Clause in Contracts

ACH Services. (Automated Clearing House). You may initiate or receive credit or debits to your account through ACH transfer. You agree that if we receive funds by ACH transfer we are not required to notify you at the time the funds are received. Instead, the transfer will be shown on your period statement. We may provisionally credit your account for an ACH transfer before we receive final settlement. We may reverse the provisional credit or you will refund us the amount if we do not receive the final settlement.

Appears in 4 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement

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