Common use of Wire Transfer Service Clause in Contracts

Wire Transfer Service. If you are approved for this Service, you will be subject to the terms of the Wire Transfer Agreement, as amended from time to time. You can provide us with electronic instructions to transfer funds to third parties. FOR ALL OUTGOING WIRE REQUESTS, WE WILL SECURE FUNDS BY PLACING A PROOF MEMO ON THE ACCOUNT TO BE CHARGED. Automated Clearing House (“ACH”) Service. If you are approved for our ACH Service, you agree to comply with the ACH Agreement and the Operating Rules of the National Automated Clearing House Association (“NACHA”) (collectively, the “Rules”), as amended from time to time. We will provide you with a copy of the Rules. Only domestic ACH transfers will be accepted through this Service.