Rejection of Entries. We shall reject any entry, including an on-us entry, which does not comply with the requirements of the Agreement and may reject any entry if you are not otherwise in compliance with the terms of the Agreement. We shall notify you by written correspondence of such rejection no later than the Business Day such entry would otherwise have been transmitted by us to the ACH or, in the case of an on-us entry, its effective entry date. In the event company requests us to reject a file already transmitted but not yet processed, a letter should be faxed to us at 000-000-0000, signed by an authorized representative of the company to give us authorization to reject/cancel the file. This letter should include effective date, dollar amount of file, and number of items along with a reason for cancelling the file.
Appears in 4 contracts
Samples: Banking Services Agreement, Business Banking Services Agreement, Business Banking Services Agreement
