Last updated: January 8, 2024

By agreeing to these Terms, you authorize Wallbit LLC (“Wallbit”) to electronically debit and credit your designated deposit account at your designated depository financial institution (your “Bank Account”) via ACH and, if ever applicable, to correct erroneous debits and credits via ACH as follows:

The limits included here are the highest limits allowed for transactions. However, Wallbit reserves the right to allow you to transact higher or lower volume than the limits defined herein at any time without prior notice, depending on your tier or risk score.

You also acknowledge that the amount and frequency of the foregoing debits and credits may vary and that you waive your right to receive prior notice of the amount and date of each debit and credit.

You acknowledge that the electronic authorization contained in this ACH Authorization represents your written authorization for ACH transactions as provided herein and will remain in full force and effect until you notify Wallbit that you wish to revoke this authorization by emailing support@wallbit.io. You must notify Wallbit at least 14 Business Days before the scheduled debit date of any ACH transaction from your Bank Account in order to cancel this authorization. If we do not receive notice at least 14 Business Days before the scheduled debit date, we may attempt, in our sole discretion, to cancel the debit transaction. However, we assume no responsibility for our failure to do so.

If you withdraw your electronic authorization contained in this ACH Authorization, we will suspend or close your Wallbit account, and you will no longer be able to use your Wallbit account or the Services, except as otherwise expressly provided in our terms of service https://help.wallbit.io/es/articles/8532080-terms-of-service or the bank's cardholder agreement https://help.wallbit.io/es/articles/8792431-debit-card-agreement. Please note that withdrawal of your electronic authorization contained in this ACH Authorization will not apply to transactions performed before the withdrawal of your authorization becomes effective.

In addition to any of your other representations and warranties in this ACH Authorization, you represent that: (a) your browser is equipped with at least 128-bit security encryption; (b) you are capable of printing, storing, or otherwise saving a copy of this electronic authorization for your records; and (c) the ACH transactions you hereby authorize comply with applicable law.

For purposes of these Terms, “Business Day” means Monday through Friday, excluding federal banking holidays.