Bank authorization terms and conditions

We work with a third party service, Yodlee, to establish a secure connection and access your accounts with your external financial institution. Some financial institutions require you to authenticate with your log in credentials directly on their web application while others allow this information to be collected by Yodlee. By choosing “Continue,” you agree to the use of your credentials in order to obtain the required bank account information.

ACH agreement

In connection with the electronic money-transfer option(s) I have chosen, I authorize The Vanguard Group, Inc., and Vanguard Marketing Corporation, and any affiliates or subsidiaries of either (individually or collectively, “Vanguard”), upon telephone or online request, to pay amounts representing redemptions or withdrawals made by me, or to secure payment of amounts invested by me, by initiation credit or debit entries to my account at the bank named by me, I authorize the bank to accept any such credits or debits to my account without responsibility for the correctness thereof. I acknowledge that the origination of Automated Clearing House (ACH) transactions to my account must comply the provisions of U.S. law. I agree that Vanguard will not incur any loss, liability, cost, or expense in connection with my telephone or online request. I understand that this authorization may be terminated by me at any time by written notification to Vanguard. The termination request will be effective as soon as Vanguard has had a reasonable amount of time to act up on it. I represent and warrant to Vanguard that I am an owner or authorized signer on the bank account named by me, and that no other owner or authorized signer of such bank accounts is required to sign in order to authorize the initiation of ACH transactions to such bank account.