Common use of Processing of Transfers Clause in Contracts

Processing of Transfers. You agree that your transfer instructions are authorization for us to complete the funds transfer. You authorize us to select any means to execute your funds transfer instructions, including but not limited to Automated Clearing House (ACH) transfers made through a transfer account owned by us. You will be bound by the rules and regulations that govern the applicable funds transfer systems.

Appears in 3 contracts

Sources: Online Banking Agreement, Online Banking Agreement, E Sign Disclosure and Agreement