Common use of Entries Returned as Unauthorized Clause in Contracts

Entries Returned as Unauthorized. Customer shall comply with all requirements in the NACHA Rules, including the duty to submit only those Entries that have been properly authorized. In the event that an Entry is returned as unauthorized or authorization revoked, Customer will contact the necessary parties and resolve any dispute. During this process, Customer may ask Bank to request from the RDFI a copy of the “Written Statement of Unauthorized Debit.” Bank will use reasonable efforts to obtain the statement and will deliver it to Customer when received. Customer agrees not to re-originate any transaction returned as unauthorized or as authorization revoked unless the Receiver re-authorizes the Entry or Entry stream.

Entries Returned as Unauthorized. Customer You shall comply with all requirements in the NACHA Rules, including the duty to submit only those Entries that have been properly authorized. In the event that an Entry is returned as unauthorized or authorization revoked, Customer you will contact the necessary parties and resolve any dispute. During this process, Customer process you may ask Bank us to request from the RDFI a copy of the “Written Statement Under Penalty of Unauthorized DebitPerjury.” Bank We will use reasonable efforts to obtain the statement and will deliver it to Customer you when received. Customer agrees You agree not to re-originate any transaction returned as unauthorized or as authorization revoked unless the Receiver customer re-authorizes the Entry or Entry stream.