Terms and Conditions

Descriptions of Common Terms throughout this Document

SWBC, AP Accounts Services, LLC and its third-party service providers are referred to as we, us and our throughout this document.

The individual that is using the services or products is referred to as you and your.

You or an individual which you allow access to use the service or your source account is considered to be an Authorized User.

A recurring payment made by you to be processed on the designated date is a Recurring Payment.

The organization to which you instruct us to make a payment on your behalf is a Billing Entity.

The account you have directly with the billing entity is an Account.

Monday through Friday, excluding Federal Reserve holidays are Business Days.

A checking account, savings account or debit card account held at a United States financial institution or a credit card account from which payments and fees (if applicable) will be debited is a Source Account. Credits can be moved back to the source account if appropriate.

Remittance initiated by you through the service is considered a Payment.

The current or future calendar day you elect your source account to be debited and for the financial institution or billing entity to receive the payment is the Payment Date. If the calendar day you elect falls on a non-business day or after the daily cutoff time for the payment service, the actual payment date and the actual date your source account will be debited will be the following business day.

The information provided by you to make a payment through the payment service is the Payment Instruction.

A payment submitted in a scheduled pattern on the dates and in the amount designated by you is a Recurring Payment.

The source account information you may save to make future payments is called Stored Pay Accounts. A payment that has been scheduled to process on a future date is a Scheduled Payment.

Suitability

The products and services are offered to individuals who can form legally binding contracts under applicable law and with respect to payments made using checking, savings or debit cards and use bank accounts held at U.S. depository institutions. The service is not offered to minors. By using the payment products or services, you represent that you meet the requirements and that you agree to be bound by this agreement. You agree to indemnify and hold us harmless for all costs and fees, including interchange fees and merchant fees, arising out of your violation of this section.