On-Us Entries. Provided an Entry complies with the ACH Requirements, we will credit or debit, as applicable, the Receiver’s account in the amount of the Entry on the Effective Entry Date; however, we may delay posting as required or permitted by the ACH Requirements or reject an Entry as provided below. If the On-Us Entry fails to comply with the ACH Requirements, we will use reasonable efforts to credit or debit the Receiver’s account in the amount of the Entry no later than the next Business Day following the Effective Entry Date or at such later time as required or permitted by the ACH Requirements.
Appears in 3 contracts
Sources: Agreement for Automated Clearing House (Ach) Services, Agreement for Automated Clearing House (Ach) Services, Treasury Management Services Agreement