Electronic Check Sample Clauses

Electronic Check. With Bank’s approval, all electronic check transactions using Bank’s eCheck Program must be processed on point- of-sale equipment certified as acceptable for entry and collection of consumer paper draft data for conversion to ACH file format. Conversion capability is limited to consumer paper draft Items as defined by National Automated Clearinghouse Association (“NACHA”) Operating Rules. Bank assumes no liability for checks accepted by Merchant for check conversion that are not defined as acceptable by the NACHA Operating Rules. Items accepted at the point of sale converted to electronic transactions must be deposited within seventy-two (72) hours of acceptance. Merchant agrees that the eCheck Program is strictly a conversion program and offers no verification, guaranty, or warranty that funds are available in the account on which any Item converted to an electronic transaction is drawn. Bank shall have no liability in the event funds are not available for any reason.
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Electronic Check. “eCheck”) Processing and Preauthorized Electronic Debit Entries. If selected by Merchant as part of the Services, Provider will provide eCheck and electronic debit entry transaction (“Entry”) processing services to Merchant where Merchant has obtained proper authorization from Merchant’s Customer that holds the deposit account to be debited (“eCheck Authorization”). Merchant is responsible for complying with all applicable Rules, laws and regulations governing electronic check processing, check conversion and/or the initiation of preauthorized electronic debit entries. Xxxxxxxx agrees to maintain and store each eCheck Authorization and provide evidence of eCheck Authorizations to Provider upon its request. Additionally, Xxxxxxxx agrees to record and store telephone conversations and other data transmissions with Customers for the purposes of demonstrating compliance with applicable Rules, laws, regulations and the requirements of this Agreement. Provider or Processor will report to Merchant those Entries which fail Processor’s verification process designed to identify accounts which have unpaid checks outstanding or have been closed for cause. If an Entry is being declined based on such verification process, Xxxxxxxx agrees to provide such Customer (in a manner that complies with applicable laws, the NACHA Rules and applicable regulations) a decline notice. Xxxxxxxx agrees not to reinitiate Entries once they have received a “Payment Stopped” as a reason for a return, unless an eCheck Authorization from the Customer overriding the stop payment has been received. Xxxxxxxx understands, acknowledges and agrees that Processor verifications are for informational purposes only and are not a guaranty of payment of any Entry. Merchant has no right to cancel or amend any Entry after its receipt by Processor or Bank. Xxxxxxxx is responsible for payment for an Entry even if the Entry is erroneous or is a duplicate Entry and regardless of whether Merchant was the source of the error or duplicate Entry.
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Electronic Check. Conversion (XXX) When you provide a check for payment, you authorize us to either use information from your check to make a one-time electronic fund transfer (XXX) from your account or to process the payment as a check transaction. For electronic transactions, funds may be withdrawn from your account as soon as the same day we receive your payment and your check will be destroyed. Exchange Rates for Foreign Transactions The exchange rate between the transaction currency and the billing currency used for processing international transactions is a rate selected by Visa from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives, or the government-mandated rate in effect for the applicable central processing date. An International Service Assessment fee in the amount of 1% of the international transaction will be deducted from your account. TEL-E$L TEL-E$L transactions performed Monday through Saturday during regular business hours are immediately posted to your account. Transactions completed after regular business hours and on Sundays and holidays will be posted to your account(s) on the next business day.
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Electronic Check. Conversion You may authorize a merchant or other payee to make a one-time electronic payment from your checking account using information from your check to pay for purchases or to pay bills. Consumer’s Liability for Unauthorized Transfers Tell us AT ONCE if you believe your Community Bank ATM Card, debit card, Access ID, Personal Identification Number (PIN) or similar card or code has been lost, stolen or learned by an unauthorized person. Also, tell us AT ONCE if you believe that an electronic fund transfer has been made without your permission using information from your check. The best way to keep your possible losses down is to call us immediately. Your losses could include all of the money in your account plus, if you have an overdraft protection plan linked to your account, any transfers from another account or any advances on a line of credit. If you tell us within two business days after you learn of the loss or theft, you can lose no more than $50 for an unauthorized electronic funds transfer or a series of related unauthorized transfers should someone use your card or code without your permission. If you do NOT tell us within two business days after you learn of the loss or theft of your card or code and we can prove we could have stopped someone from using your card or code without your permission if you had told us, you could lose as much as $500. Also, if your statement shows transfers that you did not make, including those made by card, code or other means, tell us at once. If you do not tell us in writing within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip, deployment, or a hospital stay) kept you from telling us, we may extend the time periods. Remember to sign your card. This ensures that your signature is the one applicable to your card. Remember, do not write your PIN on your card or carry the PIN with you. This reduces the possibility of someone using your card without your permission if it is lost or stolen. Note: These liability rules are established by Regulation E. Our liability policy regarding unauthorized debit card or ATM Card transactions, and unauthorized Online Banking transactions, on consumer deposit accounts may give you more protection, provided you report the transactions promptly. Please see the agreement you receive with y...
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Electronic Check. By writing a check to a merchant, you may authorize the merchant or payee to make a one-time electronic payment from your Checking Account using information from your check to pay for the purchase or to pay a bill. You may also authorize a merchant or payee to electronically debit your Checking Account for returned check fees. You are deemed to have authorized these transfers if you sign an authorization or if you engage in the transaction after receiving notice that the transfer will be treated as an Electronic Funds Transfer. Some of these services may not be available on all accounts.
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Electronic Check. If User makes a purchase from Company by an electronic check, Company will not ship product out until the check cleared our system. Buyer’s Inspection: Upon the carrier’s delivery of Company’s products to Buyer, Buyer shall immediately inspect the products for damage and missing quantity while the carrier is still present. If Xxxxx discovers any damaged or missing product, Buyer shall require the carrier to
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Electronic Check. In is completed live.
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Related to Electronic Check

  • Electronic Checks If you authorize a merchant to electronically debit your checking account using the routing, account, and serial number of your check to initiate the transfer, whether the check is blank, partially or fully completed and signed, such authorization is an electronic check conversion. An electronic check conversion is an electronic funds transfer (EFT) subject to the terms of the Electronic Funds Transfer Agreement. You authorize us to honor any electronic check conversion from your checking account.

  • Electronic Copy The parties to this document agree that a copy of the original signature (including an electronic copy) may be used for any and all purposes for which the original signature may have been used. The parties further waive any right to challenge the admissibility or authenticity of this document in a court of law based solely on the absence of an original signature.

  • Electronic Copies Each of the parties hereto shall be entitled to rely on delivery of a facsimile or PDF copy of this Agreement and acceptance by each such party of any such facsimile or PDF copy shall be legally effective to create a valid and binding agreement between the parties hereto in accordance with the terms hereof.

  • Electronic Check Transactions You authorize us to honor any electronic check conversion transaction and re-presented check fee debit transactions you authorize ("Electronic Check Transactions"). You agree that your authorization for an electronic check transaction occurs when you initiate such a transaction after receiving any notice regarding the merchant's right to process the transaction, including any written sign provided by the merchant at the time of your transaction. All terms governing electronic funds transfer services will apply to electronic check transactions, except the $50 and $500 limits of liability for unauthorized transactions in Section 9. You remain responsible for notifying us of any unauthorized electronic check transaction shown on your statement.

  • ELECTRONIC CONTRACTING The parties agree that if this Contract is transmitted electronically neither party shall contest the validity of this Contract, or any acknowledgement thereof, on the basis that this Contract or acknowledgement contains an electronic signature.

  • Electronic Chattel Paper Such Grantor shall take all steps necessary to grant the Administrative Agent Control of all electronic chattel paper in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

  • Electronic Communications Notices and other communications to the Lenders and the L/C Issuer hereunder may be delivered or furnished by electronic communication (including e-mail and Internet or intranet websites) pursuant to procedures approved by the Administrative Agent, provided that the foregoing shall not apply to notices to any Lender or the L/C Issuer pursuant to Article II if such Lender or the L/C Issuer, as applicable, has notified the Administrative Agent that it is incapable of receiving notices under such Article by electronic communication. The Administrative Agent or the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it, provided that approval of such procedures may be limited to particular notices or communications. Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an e-mail address shall be deemed received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement), provided that if such notice or other communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next business day for the recipient, and (ii) notices or communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of notification that such notice or communication is available and identifying the website address therefor.

  • Electronic Commerce Supplier agrees to participate in Xxxxx’s current and future electronic commerce applications and initiatives. For purposes of this Order, each electronic message sent between the parties within such applications or initiatives shall be deemed: (a) ”written” and a “writing”;

  • Electronic Check Conversion You may authorize a merchant or other payee to make a one-time electronic payment from your checking account using information from your check to pay for purchases or pay bills.

  • Electronic Links The Participating Institutions and the Authorized Users may provide hyperlinks from the Participating Institutions’ and the Authorized Users’ web page(s) or website(s) to individual units of content within the Licensed Materials.

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