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How to use or fill out Merchant Deposit Addendum - Merchants Bank of California, NA
- Click ‘Get Form’ to open it in the editor.
- Begin by filling in 'The Parties' section with your business name as the Customer. Ensure accuracy as this identifies you in the agreement.
- In the 'Purpose' section, briefly describe your business operations, focusing on financial services offered through agents.
- Complete the 'Merchant Deposit Services' section by confirming your understanding of how deposits will be managed and any compliance reviews required by the Bank.
- Review and agree to the 'Conditions and Instructions', ensuring that your intended use of Merchant Deposit Services aligns with lawful business practices.
- Fill out the 'Fees; Transaction Service Charge' section, acknowledging any service charges that may apply as outlined in Schedule 'A'.
- Finally, sign and date the document at the bottom, ensuring all parties involved have their signatures where required.
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