Common use of Initiated by Third Parties Clause in Contracts

Initiated by Third Parties. You may authorize a third-party to initiate EFTs between your account and the third party’s account. These transfers to make or receive payment may be one- time occurrences or may recur as directed by you. These transfers may use the Automated Clearinghouse (ACH) or other payment networks. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a check

Initiated by Third Parties. You may authorize a third-third party to initiate EFTs between your account and the third party’s account. These transfers to make or receive payment may be one- one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearinghouse Clearing House (ACH) or other payment networks. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a checktransfers

Initiated by Third Parties. You may authorize a third-party to initiate EFTs between your account and the third party’s account. These transfers to make or receive payment may be one- one-time occurrences or may recur as directed by you. These transfers may use the Automated Clearinghouse (ACH) or other payment networks. Your authorization to the third party to make these transfers can occur in a number of ways. For example, your authorization to convert a checkcheck to an electronic fund transfer