ACH Authorization Agreement for Direct Debit and Credit

Customer Authorization for Electronic Funds Transfer (EFT)
Effective as of the date of agreement, you (“Customer”) authorize [Your Company Name] (“Company”), and its designated financial institution partners, to initiate electronic debits and credits to and from your designated bank account located in Costa Rica.

By providing your bank account details and accepting this agreement, you authorize:

  1. Direct Debit (ACH debits) – For the purpose of funding your purchases of Bitcoin through the Company platform.

  2. Direct Credit (ACH credits) – For the purpose of receiving payouts when you sell Bitcoin through the Company platform.

This authorization applies to all such transactions initiated by you via the Company’s platform and remains in effect until you revoke it in writing.

Terms and Conditions:

  • You certify that you are an authorized signer on the bank account provided.

  • You agree to maintain sufficient funds in your account for any debit transactions.

  • If any transaction is returned due to insufficient funds or account issues, you agree to cover any fees or losses incurred.

  • You may cancel this authorization at any time by providing at least three (3) business days’ written notice to the Company.

  • This agreement is governed by the laws of Costa Rica.

Bank Account Information (Provided Separately):

  • Account Holder Name

  • Bank Name

  • Account Number

  • IBAN (if applicable)

Acknowledgment and Consent:
By clicking “I Agree” or submitting your bank account information, you confirm that you have read, understood, and accepted the terms of this ACH Authorization Agreement.

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