Payor`s Pad Agreement Credit Union
Your financial institution is responsible for checking the forms and related processes you want to use. Your financial institution may also have a model contract that you can use. You can also include the mandatory elements of the PAD agreement in another agreement or contract. Yes, by following the cancellation process in your payer`s PAD agreement or by informing you that they no longer want to pay by PAD. We recommend that the customer do so in writing and keep a copy of the cancellation request. OTHER ACCORDS – In addition to this agreement, the terms of the account agreement between the depositor and the financial institution apply for direct business services and transactions under that agreement, unless otherwise stated in this agreement. In the event of a conflict between the terms and conditions of the account contract or other agreements between the depositor and the financial institution and the terms of this Agreement, the terms of this Agreement apply to direct services to businesses. There are no assurances or guarantees that the financial institution has provided to the depositor with respect to direct business services, with the exception of insurance, guarantees and obligations of the financial institution, as stipulated in this agreement. Any advice, information or statement provided by the financial institution, Central 1 or its service providers, agents or their representatives, whether orally or in writing, does not create insurance, guarantee or conditions, or does not amend the agreement, including the aforementioned disclaimers, liability limitations, exemption or compensation clauses, and the custodian cannot rely on such advice or information.