This looks remarkably similar to the ePay Services User Agreement at
http://epayservices.com/user-agreement.htmlUser Agreement - 3. Processing and Clearing Client Checks, Receiving and Sending Payments on Client’s Behalf
User Agreement
2. Opening, Servicing and Managing of Account, Rating of Accounts, Verification of Client Identity
3. Processing and Clearing Client Checks, Receiving and Sending Payments on Client’s Behalf
4. Security of Data Transmission
5. Company Anti-Money Laundering and Counter-Terrorism Financing Statement
6. Uncontrolled Circumstances
7. Changes and amendments
All Pages
Page 3 of 7
3. Processing and Clearing Client Checks, Receiving and Sending Payments on Client’s Behalf
3.1 Company offers the following agent-related services: processing and clearing of Client checks; accepting and sending payments on Client’s behalf. All permits and licenses allowing Company to perform the above transactions are located at Company website at Payment Platform and Licensed Services.
3.2 Company accepts checks and payments only from individuals and legal entities.
3.3 Company is responsible for sending collected Client checks to its main office in New York, United StatesA. at least once per week. Company is not responsible for possible loss or damage of checks by third parties, such as express mail services or the United States Postal Service. For the purpose of sending checks, Company reserves the right to Client to select a mail service of Client’s choice, if Client wishes to make this decision.
3.4 It is Client’s responsibility to submit the check to Company with correct check endorsement as specified in the example provided at Quick Post Audit. Company will not accept checks for collection without correct endorsement.
3.5 Company reserves the right to process Client checks or other electronic incoming and outgoing payments utilizing any legal financial services offered by United States financial institutions.
3.6 Company prohibits Client from receiving and sending funds (by check, wire transfer, ACH/Direct Deposit) earned from products and services that are illegal in the United States and outside of the United States (e.g., online gambling, illegal “spam” communications, illegal drugs or other unlawful products and services). Funds earned from these sources will be immediately returned to the sender and Client will be given a warning. Repeated instances of receiving illegal payments will result in Client’s account being closed, with the remaining account balance returned to the last sender. A service to cover the process of returning such funds to the original sender will be subtracted from Client’s account. The service charges are specified on Company website.
3.7 Client has the right to receive payments (by check, wire transfer, ACH/Direct Deposit) from any affiliate websites where the Client earns money, and from any contractors or other payees. Company is responsible for accepting such payments on Client’s behalf assuming that the purpose of a given payment does not contradict terms of Current Agreement. A separate bilateral agreement should be signed or validated electronically between the Client and the payable party through which Company credits Client’s account for his/her work, product and/or services. Company reserves the right to, at any time, request from Client his/her agreement with the payable party, and Client must provide a copy of this agreement within ten (10) business days of Company’s request. In the event that Client does not provide a copy of this agreement, Company has the right to proceed with applicable rules and actions specified elsewhere in Current Agreement.
3.8 If the total amount in Client check transactions conducted during a single day is equal to or less than 1000 USD, Company is responsible for crediting funds to Client account no later than two (2) business days from the time Client check has been deposited to Company bank account. Company is responsible for depositing checks to its bank account within twenty-four (24) hours of receiving checks at Company’s main office in the United States
3.9 Checks or other payments credited to Client account may be debited from the Client’s account in cases where payment has failed to clear for any reason. Company reserves the right to charge its standard service charges for any returned check.
3.10 If the percentage of returned checks exceeds five percent (5%) of all of Client’s received checks, the Company has the right to close Client account. Any remaining account balance will be returned to the sender. A service to cover the process of returning such funds to the original sender will be subtracted from Client’s account. The service charges are specified on Company website.
3.11 Processed electronic payments (wire transfer, ACH/Direct Deposit) are credited to Client account during Company business hours and within twenty-four (24) hours after the electronic payments have been credited to Company bank account.
3.12 Company reserves the right to delay crediting of Client’s account in cases where Company determines that an incoming payment is suspicious. If subsequent Company review provides information that further validates this suspicion, or if Company cannot fully investigate the transaction in question, then Company will assume this transaction is fraudulent and in violation of Current Agreement, applicable federal laws of the United States, United States Anti-Money Laundering Regulations, and/or the laws of the State of New York. As result, Client’s account will be closed, with any remaining balance returned to the sender. A service charge for returning funds will be debited from Client’s account, according to fees specified on Company website.
