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INTERNATIONAL ACH - CUSTOMER AGREEMENTSEffective September 2007 International ACH (IACH) payments are higher volume, non-urgent, and often repetitive cross-border payments. The primary sources for these low-value foreign currency payments are supplier payments, payroll, and personal remittances made to foreign countries. Approximately 50 percent of the estimated 80 million payments made from the U.S. to top trading partners are via IACH type services. If you participate in the global marketplace, your need for these payments is likely to grow. IACH is part of a spectrum of global payments capabilities, which enable you to work with Wachovia as your single payments provider.
Any document or agreement within the Wachovia.com site is not binding on Wachovia until Wachovia has agreed to accept such customer's signed document or agreement and Wachovia has completed the implementation process to establish the customer relationship.
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