Common use of Statement of Service Clause in Contracts

Statement of Service. Subject to the terms and conditions of this Agreement, Bank shall provide an ACH Origination service which allows Customer to initiate debit and/or credit electronic fund transfer entries through Bank by means of the ACH. Bank shall process entries received from Customer, shall transmit such entries to an ACH processor selected by Bank in its sole discretion, and shall settle such entries.

Appears in 7 contracts

Samples: Hancock Whitney Bank, Hancock Whitney Bank, Hancock Whitney Bank

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