Section 1. THE SERVICE.
These Account Transfer Service Terms (the “Service Terms”) set forth the terms under which Customer can authorize and effect the transfer of funds between specified Accounts at Bank via the Intellix Treasury Management Portal (the “Service”). The Service is also subject to the General Provisions of the Treasury Management Terms and Conditions Agreement (the “Agreement”) as if fully incorporated herein and all Applicable Laws. In the event of a conflict between these Service Terms and other terms in the Agreement, these Service Terms shall control. Unless otherwise defined herein, any capitalized terms shall have the meaning as set forth in the Agreement. Any reference to the Agreement herein shall be deemed to include these Service Terms.
Using the Service, Customer can give an instruction authorizing Bank to transfer funds between any Accounts within Customer’s profile in Intellix, including Accounts of Customer’s Affiliates that are enrolled in the Services (an “Account Transfer”). Each Account Transfer is deemed a Payment Order subject to the terms of the Agreement. Customer is solely responsible for the accuracy of the information in any such Payment Order and for discovering and reporting any errors or inaccurate information to Bank as provided in the Agreement. Account Transfers shall not exceed any limit established by Bank from time to time.
Account Transfers are subject to Cutoff Times established by Bank for the Service, which are subject to change from time to time. Customer is responsible for verifying availability of funds in the applicable Account at the time of an Account Transfer.