Common use of Multiple Signers Clause in Contracts

Multiple Signers. If an Account has more than one Signer, each Signer individually has the right to gain access to the Services and have their own Login Credentials. Accordingly, each such Signer may provide us with instructions, make any decision, obtain any information or make any request associated with the Account and Services, to the extent allowed by the terms and conditions governing provisions of the Account. Any requirement to verify two (2) or more signatures on any item, such as checks, will not apply to transactions initiated through the Services, including electronic transfers, and we will have no liability when consummating these transactions pursuant to the instructions of a single Signer. This means that any person who is a Signer on your Account is authorized to have their own Login Credentials and individually make electronic transfers, even though that person's authority to transfer or withdraw funds from your Account by some other means (e.g., by check) must be exercised jointly with one or more other persons.

Multiple Signers. If an Account has more than one Signer, each Signer individually has the right to gain access to the Services and have their own Login Credentials. Accordingly, each such Signer may provide us with instructions, make any decision, obtain any information or make any request associated with the Account and Services, to the extent allowed by the terms and conditions governing provisions of the Account. Any requirement to verify two (2) or more signatures on any item, such as checks, will not apply to transactions initiated through the Services, including electronic transfers, and we will have no liability when consummating these transactions pursuant to the instructions of a single Signer. This means that any person who is a Signer on your Account is authorized to have their own Login Credentials and individually make electronic transfers, even though that person's authority to transfer or withdraw funds from your Account by some other means (e.g., by check) must be exercised jointly with one or more other persons.