Loan Payment from External Account – Terms & Conditions

I authorize Needham Bank to electronically debit my account for the amount I have indicated.

I agree to have sufficient funds in my account for the transaction above, and understand that my financial institution may assess fees if there are insufficient funds in my account.  I acknowledge that it will not be the responsibility of Needham Bank to pay any transaction fees that may be assessed by my external financial institution.

In the case of a returned transaction, I understand that I will be notified of the return and it will be my responsibility to initiate another payment in order to satisfy the payment due and any applicable fees.

My entry of the information above and acceptance of this agreement shall be my signature to execute this transaction.

The acceptance of this agreement may be revoked prior to the processing of this transaction, by cancelling the transaction through the loan payment service prior to 2:00 p.m. ET on the scheduled transfer date.