2020-038 Resolution - Laserfiche WebLink

Home Browse Search

ACH AUTHORIZATION RELEASE Method of Transfer of Proceeds of SALES: MERCHANT desires to effect settlement of credits ano debits from MERCHANT's DESIGNATcD ACCOUNT by means of ACH and/or wire transfer in conjunction with the processing of SALES transactions as anticipated by AGREEMENT. In accordance with this desire, MERCHANT authorizes Westamerica Bank to initiate debit and credit entries to the DESIGNATED ACCOUNT (the details of which are set out below). MERCHANT agrees to maintain sufficient funds in DESIGNATED ACCOUNT to cover debit transactions. By signing this authorization, MERCHANT states that it has authority to agree to such transactions and that the DESIGNATED ACCOUNT indicated is a valid and lecitimate account for the handling of these transactions. This authority is to remain in effect until Westamerica Bank receives written notice from MERCHANT revoking it. This authorization is for the payment of SALES, RETURNS and FEES, CHARGEBACKS, or any other sums owed between the PARTIES. MERCHANT also certifies that the appropriate authorizations are in place to allow MERCHANT to authorize this method of settlement. All changes to the identification of the DESIGNATED ACCOUNT under this authorization must be made in writing in accordance with AGREEMENT. MERCHANT understands that if the information supplied as tc the ABA Routing Number and Account Number of DESIGNATED ACCOUNT is incorrect, and funds are incorrectly deposited, Westamerica Bank will attempt to assist ;MERCHANT in the recovery of such funds but has no liability as to restitution of the same.Westalrnerica Bank's assistance in recovering the funds, where available, will be billed to MERCHANT at Westamerica Bank's current hourly rate for such work. MERCHANT acknowledges that the origination of ACH transactions to the DESIGNATED ACCOUNT must comply with the provisions of U.S. law. 1, Affix bank instrument (i.e., pre-printed check or bank letter). 2. Instrument must bear ABA routing number and account number in MICR characters. 3. MAKE sure that instrument is from institution to/from which funds are to be transferred. 4. Void the instrument properly. 5. Complete account name, ABA routing number and account number below. FUNDS SETTLEMENT INFORMATION In accordance with the terms set out herein and in the AGREEMENT, transfer funds to/fiom the account set out below (in case ofdiscrepancy, the data it the attached bank instrument or in the attached bank letter wdl be assumed to be correct). Bank Name: Account Owner. Account Name: Address: City State: ZIP: Routing # (9 digits): Account #: Account Owner Signature: Print Name and Title: ATTACH PRE-PRINTED VOIDED CHECK OR BANK LETTER rc`. 2019 Shift4 Payments, LLC All rights reserved. 53245_08262019 PAGE 2 of 2