1. Enrollment and Authorization
Eljin Productions, Inc. (“Eljin”) facilitates Automated Clearing House (ACH) payments through its Platform to deposit funds directly into your designated bank account. Enrollment occurs when you complete the profile steps in eljininc.com. Enrollment constitutes acceptance of this ACH Registration Agreement (the “Agreement”).
Funds are deposited electronically into the bank account specified in your Eljin profile. Depending on processing and verification times, initial deposits may take several weeks.
2. Authorization to Credit and Debit
By completing your profile, you hereby authorize Eljin, its financial institution partners, and ACH network operators to:
- Credit your designated account(s) with payments owed to you; and
- Debit the same account(s) for the purpose of correcting errors, reconciling discrepancies, collecting overpayments, returns, chargebacks, fees, or any other amounts due to Eljin or to Clients on whose behalf Eljin processes payments.
You further authorize Eljin to make multiple or partial debit entries, including re-debits, as permitted under NACHA Operating Rules, and to initiate such entries without separate written authorization for each transaction.
This authority remains in effect until revoked in accordance with Section 6.
3. Business vs. Consumer Accounts; Regulation E
Eljin’s ACH services are intended for business and professional use. If your account is a consumer account, preauthorized ACH debits will be governed by Regulation E (12 C.F.R. § 1005). In such cases, Eljin will provide advance notice of variable debits at least ten (10) days before the debit occurs, or as otherwise permitted by law.
If you maintain a business account, you acknowledge that consumer protections under Regulation E do not apply.
4. Returns, Chargebacks, and Setoff
You authorize Eljin to offset and recover any negative balances resulting from overpayments, returns, or reversals. Eljin may debit your account or withhold future disbursements to satisfy such balances.
Eljin may place reserves or holds on funds in your account, delay payouts, or require additional information if fraud, compliance review, or network irregularities occur.
Returned entries (e.g., R01, R09, R10) may be reinitiated in accordance with NACHA rules. You agree to cooperate promptly in resolving any exceptions, disputes, or investigations related to such entries.
5. Payment Timing, Cutoffs, and Fees
Funds availability is subject to banking days, network cutoffs, and fraud review.
Eljin does not guarantee same-day settlement or availability.
Eljin may impose return fees, NSF fees, reprocessing fees, or exception-handling fees, which may be debited from your designated account. Fee schedules are posted on the Platform or otherwise communicated to you.
6. Termination and Revocation of Authorization
This authorization remains in effect until Eljin receives written notice of termination from you in sufficient time to act (not less than five (5) business days prior to the intended termination date). Upon termination, notify both Eljin and your financial institution.
If Eljin receives notice of cancellation from your bank, you must immediately inform Eljin in writing. Termination does not affect Eljin’s right to recover previously credited funds or to debit your account for outstanding obligations.
7. Account Changes
You agree to promptly update Eljin if you change your banking information. It is recommended that you maintain both the old and new accounts during transition to ensure uninterrupted payments.
8. Compliance and Verification
You represent and warrant that:
- The account provided is held in your name or that of your authorized agent;
- All information provided is accurate and complete;
- You will use the account only for lawful transactions; and
- You are not subject to any sanctions or restrictions under OFAC, AML, or other applicable regulations.
Eljin may suspend or delay transactions pending verification and may refuse processing for suspected fraud or noncompliance.
Collection and use of banking and personal data under this Agreement are governed by the Eljin Privacy Policy.
Banking and identity information may be securely stored and processed by regulated third-party service providers in accordance with NACHA rules, applicable banking regulations, and Eljin’s Privacy Policy.
9. Electronic Signatures and Notices
Clicking to accept this Agreement constitutes your electronic signature and consent to receive all disclosures and notices electronically.
You agree that such electronic consent has the same legal effect as a manual signature. You acknowledge your responsibility to maintain internet access and a compatible browser to view notices, and that you may withdraw electronic consent by closing your Eljin account.
10. Governing Law
This Agreement is governed by the laws of the State of New York and the NACHA Operating Rules. Any dispute arising hereunder shall be resolved pursuant to the arbitration provisions in Eljin’s Terms of Service.
11. Contact
ACH registration inquiries: legalnotices@eljininc.com
Mail: Eljin Productions, Inc., 44 Kane Avenue, Larchmont, NY 10538
Last updated: August 1, 2025.