“You authorize Teachable and its designated payment processors and financial institutions to initiate ACH debit entries and, if necessary, ACH credit entries for adjustments, to the bank account You have designated in connection with Your use of the Platform (Your "Designated Account") for amounts owed to Teachable under these Terms...”
This analysis describes what Teachable's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
This authorization allows Teachable and third-party financial institutions to withdraw funds directly from a user's bank account without requiring separate approval for each transaction.
Users must permit Teachable and its designated processors to debit their bank account directly for any amounts owed under the Terms.
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"You authorize Teachable and its designated payment processors and financial institutions to initiate ACH debit entries and, if necessary, ACH credit entries for adjustments, to the bank account You have designated in connection with Your use of the Platform (Your "Designated Account") for amounts owed to Teachable under these Terms...Excerpt from Teachable's Terms of Use
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This authorization allows Teachable and third-party financial institutions to withdraw funds directly from a user's bank account without requiring separate approval for each transaction.
Users must permit Teachable and its designated processors to debit their bank account directly for any amounts owed under the Terms.
ConductAtlas has identified this type of provision across 219 platforms. See the full comparison.
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