Authorization for ACH transactions

  • To change or cancel your authorization for ACH transactions, please login into your account on Croudify.

 

  • If initiating a one-time transfer:

 

  • You authorize the Lending Platform to initiate an electronic automated clearing house (ACH) debit entry transaction from the checking or savings account you specify on or after the date you initiate a transfer of funds. The amount debited from your checking or savings account will be the amount you have specified on the Croudify website or Croudify platform when initiating the transfer. You also authorize Lending Platform to initiate credit entry (disbursement) transactions into the account you specify when and if requested by you. In the event that your authorization herein coincides with your registration for a Croudify investor account and such registration is subject to delayed processing (in most cases in order to verify your identity), you acknowledge that Croudify may rely on the authorization herein and fulfill your instructions up to seven (7) days after the date you selected to schedule the transfer.

 

  • You agree to be bound by NACHA operating rules and regulations and any rules your financial institution requires for authorized electronic funds transfers. You are responsible for all fees charged by your financial institution associated with the transactions authorized herein. Electronic (ACH) debit or credit transactions authorized hereunder are subject to, and shall be in compliance with, all NACHA operating rules and regulations. YOU HAVE THE RIGHT TO TERMINATE THIS AUTHORIZATION AT ANY TIME BY NOTIFYING CROUDIFY AT LEAST THREE (3) BANKING DAYS BEFORE THE SCHEDULED DATE OF TRANSFER, BY LOGGING INTO YOUR CROUDIFY ACCOUNT AND MAKING SUCH CHANGES CROUDIFY SHALL BEAR NO LIABILITY OR RESPONSIBILITY FOR ANY LOSSES OF ANY KIND THAT YOU MAY INCUR AS A RESULT OF ANY DELAY IN THE ACTUAL DATE ON WHICH YOUR ACCOUNT IS DEBITED. These terms do not in any way terminate, amend or modify other terms, agreements or policies that apply to your Croudify account or any Croudify services you receive or other agreements you may have with Croudify.

 

  • If initiating a recurring transfer:

 

  • You authorize Lending Platform to initiate recurring electronic automated clearing house (ACH) debit entry transactions from the checking or savings account you specify, on or after the date you initiate the initial transfer of funds and in recurring intervals thereafter based on the interval you specify (monthly, weekly, daily, etc.) on the interval anniversary of the date you initiate the initial transfer (or the next business day if the then-occurring interval anniversary is not on a business day). You acknowledge and agree that this authorization will remain in effect until terminated by either you or Croudify. The amount debited from your checking or savings account during each interval will be the amount you have specified on the Croudify website or Croudify platform when initiating the transfer, unless you modify such amount in the manner specified below. You also authorize Lending Platform to initiate credit entry (disbursement) transactions into the account you specify when and if requested by you. In the event any debit entry transaction is rejected for non-sufficient funds, you acknowledge and agree that such rejection does not cancel your authorization for recurring debit entry transactions and Lending Platform may in its discretion continue to process transactions during the intervals thereafter in accordance with the provisions herein. In the event that your authorization herein coincides with your registration for a Croudify investor account and such registration is subject to delayed processing (in most cases in order to verify your identity), you acknowledge that Croudify may rely on the authorization herein and fulfill your instructions up to seven (7) days after the date you selected as your first scheduled transfer date.
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  • You agree to be bound by NACHA operating rules and regulations and any rules your financial institution requires for authorized electronic funds transfers. You are responsible for all fees charged by your financial institution associated with the transactions authorized herein. YOU HAVE THE RIGHT TO TERMINATE OR MODIFY THIS AUTHORIZATION AT ANY TIME BY NOTIFYING CROUDIFY AT LEAST THREE (3) BANKING DAYS BEFORE THE NEXT SCHEDULED DATE OF TRANSFER, BY LOGGING INTO YOUR CROUDIFY ACCOUNT AND MAKING SUCH CHANGES. Electronic (ACH) debit or credit transactions authorized hereunder are subject to, and shall be in compliance with, all NACHA operating rules and regulations. CROUDIFY SHALL BEAR NO LIABILITY OR RESPONSIBILITY FOR ANY LOSSES OF ANY KIND THAT YOU MAY INCUR AS A RESULT OF ANY DELAY IN THE ACTUAL DATE ON WHICH YOUR ACCOUNT IS DEBITED.
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  • You must update all changes to your checking or savings account by logging into your Croudify account and making such changes. Croudify reserves the right to change these terms or terminate this monthly recurring transfer program at any time. Notice may be given on or with your monthly statement or by other methods. These terms do not in any way terminate, amend or modify other terms, agreements or policies that apply to your Croudify account or any Croudify services you receive or other agreements you may have with Croudify.
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For Contacting directly the platforms please reach out to following: