Common use of Notice of Returned Entries Clause in Contracts

Notice of Returned Entries. The Financial Institution shall notify the Originator by [phone] [electronic transmission] of the receipt of a returned entry from the ACH Operator no later than [one business day] after the business day of such receipt.

Appears in 2 contracts

Sources: Ach Agreement, Ach Agreement

Notice of Returned Entries. The (a) Financial Institution shall notify the Originator Company by [phone] [electronic transmission] telephone of the receipt of a returned entry Entry from the ACH Operator no later than [one business day] Business Day after the business day Business Day of such receipt.. Except for an Entry retransmitted by Company in accordance with the requirements of Section 3. β€œ

Appears in 1 contract

Sources: Ach Origination Agreement