Customer Authorizations and Record Retention. Before the initiation by you of the first Entry to or from a Customer’s Account, you shall obtain from such Customer an authorization to initiate one or more Entries to or from the Customer’s Account, which authorization shall comply with the Rules. You shall provide Customer with a copy of such authorization. Each Entry thereafter shall be made pursuant to such authorization, and no Entry shall be initiated by you after such authorization has been revoked or the arrangement between you and such Customer has terminated. You shall retain Customer authorizations for two (2) years after they have terminated and other documents related to Entries for a period of two (2) years. You shall immediately furnish such authorizations and documents to the Bank upon the Bank’s request.
Customer Authorizations and Record Retention. Before the initiation by Company of the first Entry involving a Customer’s Account, Company will obtain from such Customer a written authorization to initiate Entries to the Customer’s Account, which authorization will comply with the Rules. Such authorization will be on a form approved by Bank. Company will provide Customer with a copy of such authorization. Each Entry thereafter will only be made pursuant to such authorization and Company will initiate no Entry after such authorization has been revoked or the arrangement between Company and such Customer has terminated. Company will retain Customer authorizations for two (2) years after the arrangements between Company and Customer are terminated and other documents related to Entries for a period of two (2) years. Company will immediately furnish copies of such authorizations and documents to Bank, without charge, upon Bank’s request.
Customer Authorizations and Record Retention. You may initiate ACH debit entries only with the prior written authorization of the persons whose accounts are affected by such entries and you must provide a copy of the authorization to said persons. No entry shall be initiated by you after such authorization has been revoked or the arrangement between you and your customer has terminated. You agree to maintain a copy of each authorization for a period of two (2) years following its termination, and to provide us with a copy upon request. You will not submit ACH debit entries to collect funds for checks or other paper items which have been dishonored and returned for any reason, even if such represented check entries are permitted under the Rules.
Customer Authorizations and Record Retention. You agree to maintain a copy of each authorization for a period of two years following its termination, and to provide us with a copy upon request.
Customer Authorizations and Record Retention. Before the initiation by Company of the first Entry to a Customer’s Account, Company shall obtain from the Customer an authorization to initiate one or more Entries to the Customer’s Account. The authorization format must comply with the Rules. Company shall provide Customer with a copy of the authorization. Each Entry shall be made pursuant to the authorization, and no Entry shall be initiated by Company after the authorization has been revoked or the arrangement between Company and Customer has terminated. Company shall retain Customer authorizations for two years after they are terminated and other documents related to Entries for a period of two years. Company shall immediately furnish such authorizations and documents to Bank upon Bank’s request.
