Common use of Service Setup Clause in Contracts

Service Setup. Bank offers its OLBB service to enable you to transmit or deliver Entry Data directly from your terminal or personal computer to Bank via the Internet. Entry Data may be transmitted or delivered via OLBB either by utilizing the OLBB ACH Module or by transmitting ACH Files you create directly to Bank via the OLBB ACH File Transfer capability. Your Corporate Administrators who are designated Authorized Users for the Service will establish other Authorized Users for the Service and grant service permissions and related IDs and passwords. Through this process you are authorizing persons (“OLBB Authorized Representatives”) to transmit or deliver Entry Data to Bank via the OLBB service.