Common use of ACH Transfers Clause in Contracts

ACH Transfers. I authorize Alpaca, at its discretion and without further prior notice, to utilize an electronic check process or Automated Clearing House (“ACH”) facility to draft funds in the amount of any of My checks payable to Alpaca, its agents or assigns. Money deposited via ACH is normally not available for withdrawal for 5 to 10 business days. Within 63 days of the date of My ACH deposit, My funds may only be withdrawn to the bank account from which such funds were deposited. I understand that for the ACH transfers to be established, at least one common name must match exactly between My Alpaca and bank accounts. To send and receive ACHs, My bank must be a member of the ACH system. For ACH transactions, I hereby grant You limited power of attorney for purposes of redeeming any shares in My Account if the payment exceeds available free credits and direct You to accept any orders to make payments to an authorized bank account and to fulfill these orders through the redemption of shares in My Account if the payment exceeds available free credits. In addition, if I or any joint account owner decides to rescind an ACH transfer, I hereby direct and grant You power of attorney to redeem any shares necessary to fulfill and make such rescission regardless if I incur any loss. An ACH bank reversal may occur when (A) there are insufficient funds in My bank account, (B) there is a duplicate transaction, (C) the transaction is denied, or (D) the type of account is incorrect. I acknowledge that in the event of an ACH bank reversal, I will incur a fee. Before making an ACH transfer, I agree to check Xxxxxx’s most recent Fees Schedule, available upon request. I agree that I am solely liable and responsible for any ACH reversal fees that I incur.

Appears in 4 contracts

Samples: Alpaca Customer Agreement, Alpaca Customer Agreement, Alpaca Customer Agreement

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ACH Transfers. I authorize Alpaca, at its discretion and without further prior notice, to utilize an electronic check process or Automated Clearing House (“ACH”) facility to draft funds in the amount of any of My checks payable to Alpaca, its agents or assigns. Money deposited via ACH is normally not available for withdrawal for 5 to 10 business days. Within 63 days of the date of My ACH deposit, My funds may only be withdrawn to the bank account from which such funds were deposited. I understand that for the ACH transfers to be established, at least one common name must match exactly between My Alpaca and bank accounts. To send and receive ACHs, ACHs My bank must be a member of the ACH system. For ACH transactions, I hereby grant You limited power of attorney for purposes of redeeming any shares in My Account if the payment exceeds available free credits and direct You to accept any orders to make payments to an authorized bank account and to fulfill these orders through the redemption of shares in My Account if the payment exceeds available free credits. In addition, if I or any joint account owner decides to rescind an ACH transfer, I hereby direct and grant You power of attorney to redeem any shares necessary to fulfill and make such rescission regardless if I incur any loss. An ACH bank reversal may occur when (A) there are insufficient funds in My bank account, (B) there is a duplicate transaction, (C) the transaction is denied, or (D) the type of account is incorrect. I acknowledge that in the event of an ACH bank reversal, I will incur a fee. Before making an ACH transfer, I agree to check Xxxxxx’s most recent Fees Schedule, available upon request. I agree that I am solely liable and responsible for any ACH reversal fees that I incur.

Appears in 3 contracts

Samples: Account Application Agreement, Account Application Agreement, Alpaca Customer Agreement

ACH Transfers. I authorize Alpaca, at its discretion and without further prior notice, to utilize an electronic check process or Automated Clearing House (“ACH”) facility to draft funds in the amount of any of My checks payable to Alpaca, its agents or assigns. Money deposited via ACH is normally not available for withdrawal for 5 to 10 business days. Within 63 days of the date of My ACH deposit, My funds may only be withdrawn to the bank account from which such funds were deposited. I understand that for the ACH transfers to be established, at least one common name must match exactly between My Alpaca and bank accounts. To send and receive ACHs, ACHs My bank must be a member of the ACH system. For ACH transactions, I hereby grant You limited power of attorney for purposes of redeeming any shares in My Account if the payment exceeds available free credits and direct You to accept any orders to make payments to an authorized bank account and to fulfill these orders through the redemption of shares in My Account if the payment exceeds available free credits. In addition, if I or any joint account owner decides to rescind an ACH transfer, I hereby direct and grant You power of attorney to redeem any shares necessary to fulfill and make such rescission regardless if I incur any loss. An ACH bank reversal may occur when (A) there are insufficient funds in My bank account, (B) there is a duplicate transaction, (C) the transaction is denied, or (D) the type of account is incorrect. I acknowledge that in the event of an ACH bank reversal, I will incur a fee. Before making an ACH transfer, I agree to check XxxxxxAlpaca’s most recent Fees Schedule, available upon request. I agree that I am solely liable and responsible for any ACH reversal fees that I incur.

Appears in 2 contracts

Samples: Alpaca Customer Agreement, Alpaca Customer Agreement

ACH Transfers. I authorize AlpacaGalaxie, at its discretion and without further prior notice, to utilize an electronic check process or Automated Clearing House (“ACH”) facility to draft funds in the amount of any of My checks payable to AlpacaGalaxie, its agents or assigns. Money deposited via ACH is normally not available for withdrawal for 5 five (5) to 10 ten (10) business days. Within calendar 63 days of the date of My ACH deposit, My funds may only be withdrawn to the bank account from which such funds were deposited. I understand that for the ACH transfers to be established, at least one common name must match exactly between My Alpaca Galaxie and bank accounts. To send and receive ACHs, My bank must be a member of the ACH system. For ACH transactions, I hereby grant You Galaxie limited power of attorney for purposes of redeeming any shares in My Account if the payment exceeds available free credits and direct You Galaxie to accept any orders to make payments to an authorized bank account and to fulfill these orders through the redemption of shares in My Account if the payment exceeds available free creditsAccount. In addition, if I or any joint account owner decides to rescind an ACH transfer, I hereby direct and grant You Galaxie power of attorney to redeem any shares necessary to fulfill and make such rescission regardless if of whether I incur any loss. An ACH bank reversal may occur when (A) there are insufficient funds in My bank account, (B) there is a duplicate transaction, (C) the transaction is denied, or (D) the type of account is incorrect. I acknowledge that in the event of an ACH bank reversal, I will incur a fee. Before making an ACH transfer, I agree to check XxxxxxBamboo’s most recent Commissions and Fees Schedule, available upon requestset forth on xxxxx://xxxxxxx.xxx/fees. I agree that I am solely liable and responsible for any ACH reversal fees that I incur.

Appears in 1 contract

Samples: Merveilleux Galaxie Limited Customer Agreement

ACH Transfers. I authorize Alpaca, at its discretion and without further prior notice, to utilize an electronic check process or Automated Clearing House (“ACH”) facility to draft funds in the amount of any of My checks payable to Alpaca, its agents or assigns. Money deposited via ACH is normally not available for withdrawal for 5 to 10 business days. Within 63 days of the date of My ACH deposit, My funds may only be withdrawn to the bank account from which such funds were deposited. I understand that for the ACH transfers to be established, at least one common name must match exactly between My Alpaca and bank accounts. To send and receive ACHs, My bank must be a member of the ACH system. For ACH transactions, I hereby grant You limited power of attorney for purposes of redeeming any shares in My Account if the payment exceeds available free credits and direct You to accept any orders to make payments to an authorized bank account and to fulfill these orders through the redemption of shares in My Account if the payment exceeds available free credits. In addition, if I or any joint account owner decides to rescind an ACH transfer, I hereby direct and grant You power of attorney to redeem any shares necessary to fulfill and make such rescission regardless if I incur any loss. An ACH bank reversal may occur when (A) there are insufficient funds in My bank account, (B) there is a duplicate transaction, (C) the transaction is denied, or (D) the type of account is incorrect. I acknowledge that in the event of an ACH bank reversal, I will incur a fee. Before making an ACH transfer, I agree to check XxxxxxAlpaca’s most recent Fees Schedule, available upon request. I agree that I am solely liable and responsible for any ACH reversal fees that I incur.

Appears in 1 contract

Samples: Alpaca Customer Agreement

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ACH Transfers. I authorize AlpacaXxxxxxx, at its discretion and without further prior notice, to utilize an electronic check process or Automated Clearing House (“ACH”) facility to draft funds in the amount of any of My checks payable to AlpacaGalaxie, its agents or assigns. Money deposited via ACH is normally not available for withdrawal for 5 five (5) to 10 ten (10) business days. Within calendar 63 days of the date of My ACH deposit, My funds may only be withdrawn to the bank account from which such funds were deposited. I understand that for the ACH transfers to be established, at least one common name must match exactly between My Alpaca Galaxie and bank accounts. To send and receive ACHs, My bank must be a member of the ACH system. For ACH transactions, I hereby grant You Galaxie limited power of attorney for purposes of redeeming any shares in My Account if the payment exceeds available free credits and direct You Galaxie to accept any orders to make payments to an authorized bank account and to fulfill these orders through the redemption of shares in My Account if the payment exceeds available free creditsAccount. In addition, if I or any joint account owner decides to rescind an ACH transfer, I hereby direct and grant You Galaxie power of attorney to redeem any shares necessary to fulfill and make such rescission regardless if of whether I incur any loss. An ACH bank reversal may occur when (A) there are insufficient funds in My bank account, (B) there is a duplicate transaction, (C) the transaction is denied, or (D) the type of account is incorrect. I acknowledge that in the event of an ACH bank reversal, I will incur a fee. Before making an ACH transfer, I agree to check XxxxxxBamboo’s most recent Commissions and Fees Schedule, available upon requestset forth on xxxxx://xxxxxxx.xxx/fees. I agree that I am solely liable and responsible for any ACH reversal fees that I incur.

Appears in 1 contract

Samples: Merveilleux Galaxie Limited Customer Agreement

ACH Transfers. I authorize AlpacaRobinhood Financial, at its discretion and without further prior notice, to utilize an electronic check process or Automated Clearing House (“ACH”) facility to draft funds in the amount of any of My checks payable to AlpacaRobinhood Financial, its agents or assigns. Money deposited via ACH is normally not available for withdrawal for 5 five (5) to 10 ten (10) business days. Within calendar 63 days of the date of My ACH deposit, My funds may only be withdrawn to the bank account from which such funds were deposited. I understand that for the ACH transfers to be established, at least one common name must match exactly between My Alpaca Robinhood Financial and bank accounts. To send and receive ACHs, My bank must be a member of the ACH system. For ACH transactions, I hereby grant You limited power of attorney for purposes of redeeming any shares in My Account if the payment exceeds available free credits and direct You to accept any orders to make payments to an authorized bank account and to fulfill these orders through the redemption of shares in My Account if the payment exceeds available free creditsAccount. In addition, if I or any joint account owner decides to rescind an ACH transfer, I hereby direct and grant You power of attorney to redeem any shares necessary to fulfill and make such rescission regardless if of whether I incur any loss. An ACH bank reversal may occur when (A) there are insufficient funds in My bank account, (B) there is a duplicate transaction, (C) the transaction is denied, or (D) the type of account is incorrect. I acknowledge that in the event of an ACH bank reversal, I will incur a fee. Before making an ACH transfer, I agree to check XxxxxxRobinhood Financial’s most recent Commissions and Fees Schedule, available upon requestat xxxxx://xxxxxxxxx- xxxxxx.x0.xxxxxxxxx.xxx/assets/robinhood/legal/RHF%20Retail%20Commisions%2 0and%20Fees%20Schedule.pdf. I agree that I am solely liable and responsible for any ACH reversal fees that I incur.

Appears in 1 contract

Samples: Robinhood Financial Customer Agreement

ACH Transfers. I authorize AlpacaBamboo, at its discretion and without further prior notice, to utilize an electronic check process or Automated Clearing House (“ACH”) facility to draft funds in the amount of any of My checks payable to AlpacaBamboo, its agents or assigns. Money deposited via ACH is normally not available for withdrawal for 5 five (5) to 10 ten (10) business days. Within calendar 63 days of the date of My ACH deposit, My funds may only be withdrawn to the bank account from which such funds were deposited. I understand that for the ACH transfers to be established, at least one common name must match exactly between My Alpaca Bamboo and bank accounts. To send and receive ACHs, My bank must be a member of the ACH system. For ACH transactions, I hereby grant You Bamboo limited power of attorney for purposes of redeeming any shares in My Account if the payment exceeds available free credits and direct You Bamboo to accept any orders to make payments to an authorized bank account and to fulfill these orders through the redemption of shares in My Account if the payment exceeds available free creditsAccount. In addition, if I or any joint account owner decides to rescind an ACH transfer, I hereby direct and grant You Bamboo power of attorney to redeem any shares necessary to fulfill and make such rescission regardless if of whether I incur any loss. An ACH bank reversal may occur when (A) there are insufficient funds in My bank account, (B) there is a duplicate transaction, (C) the transaction is denied, or (D) the type of account is incorrect. I acknowledge that in the event of an ACH bank reversal, I will incur a fee. Before making an ACH transfer, I agree to check XxxxxxBamboo’s most recent Commissions and Fees Schedule, available upon requestset forth on xxxxx://xxxxxxxxxxxx.xxx/fees. I agree that I am solely liable and responsible for any ACH reversal fees that I incur.

Appears in 1 contract

Samples: Bamboo Systems Technology Limited Customer Agreement

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