EFT Payments. Owner, upon written notice to the Contractor, may elect to make payments to Contractor by means of Electronic Funds Transfers (EFT) through automated clearinghouse payments. If Owner makes this election, Contractor shall make the necessary arrangements to receive such EFT payments.
EFT Payments. EFT payments may take 2 (two) business days (or more) to reach the beneficiary’s account, unless the customer requests special service from FNB to speed up the payment process. The customer acknowledges that certain beneficiaries may have special processing requirements that may delay the payment process further. FNB will not be liable for any loss or damage because of any errors or omissions of the customer or its representative when creating payment instructions. FNB does not verify the account details or identity of beneficiaries. FNB is not liable for any loss or damage because of system, technical or manual failures outside of its control. FNB will not reverse any payment instruction after it has been processed. FNB may (if possible) attempt to reverse an instruction, if the recipient’s account is held with FNB and the recipient gives FNB its written consent to do so. Certain instructions cannot be reversed or cancelled, including pre-paid purchases. If a recipient account is held with another institution, FNB’s role is simply to pass on the customer’s instruction. FNB will not be liable for any act or omission by such institution. FNB will not accept instructions to stop the payment of validly drawn instruments after they are presented for payment.
EFT Payments. Wages shall be paid fortnightly by Electronic Funds Transfer into an account at any financial institution nominated by the Employee, no later than on the Tuesday of the pay week. Should the Tuesday of the pay week fall on a public holiday, the EFT will be made in sufficient time to allow the funds to be accessed on the last banking day before the Tuesday.
EFT Payments. Trading Partner may elect to receive or to facilitate receipt of EFT payment on claims submitted to Companies for services that Trading Partner or Trading Partner’s client furnishes, or supplies that Trading Partner or Trading Partner’s client sells to an Individual. Trading Partner will make this election by providing banking and administrative information necessary for Companies to transfer funds electronically to Trading Partner or to enable Trading Partner to facilitate transfer of funds electronically via forms on Companies’ website (XxxxxxXxxxxxxx.xxx) at least 30 (thirty) days prior to the desired EFT commencement. Each Party will be responsible for its own EFT expenses. Parties will undertake and complete testing and verification procedures prior to the actual commencement of EFT and electronic transmission of associated remittance information.
EFT Payments. Beginning March 31, 2005, Wholesaler shall remit all payments including credits to FHPCs account by 820 EFT transmissions. In the event Wholesaler is unable to transmit the required payment at the time payment is due as a result of system failures or error, Wholesaler shall promptly notify the FHPC's Finance Department for instructions on remitting payment.
EFT Payments. Beginning January 1, 2005, Cardinal Health shall remit all payments including credits to First Horizon's account by 000 XXX transmissions. In the event Cardinal Health is unable to transmit the required payment at the time payment is due as a result of system failures or error, Cardinal Health shall promptly notify the First Horizon Finance Department for instructions on remitting payment. Terms will be adjusted for EFT Payments to [***].
EFT Payments. Certain Provider Affiliates collect electronic funds transferred for payments on Flat Rate Contracts or capitated arrangement Contracts. Absent the Servicer's direction otherwise, the Seller and Subservicer shall cause and hereby represent that all such payments shall be wire transferred, within one (1) Business Day of receipt, to the Collection Account. Any other funds received by the Servicer as EFT Payments with respect to Flat Rate Contracts or capitated arrangement Contracts shall be administered in accordance with Sections 2.3(d) and 6.3.
EFT Payments. Trading Partner may elect to receive EFT payment on claims submitted to PGBA for services that Trading Partner furnishes or supplies that Trading Partner sells to an Individual. Trading Partner will make this election by forwarding to PGBA a complete, executed Electronic Funds Transfer Rider (“EFT Rider”) and EFT Rider Appendix to provide PGBA, LLC with banking and administrative information necessary for PGBA, LLC to transfer funds electronically to Trading Partner. Each Party will be responsible for its own EFT expenses. Trading Partner will submit to PGBA, LLC a complete, executed EFT Rider and EFT Rider Appendix at least Ninety_ (90) days prior to the desired EFT commencement. PGBA, LLC and Trading Partner will undertake and complete testing and verification procedures prior to the actual commencement of EFT and electronic transmission of associated remittance information. The complete and executed EFT Rider and EFT Rider Appendix will be incorporated into and supplement this Agreement with respect to all EFT between PGBA, LLC and Trading Partner. The terms of this Agreement will control any conflict that may arise between the EFT Rider and this Agreement.
EFT Payments. EFT payments may immediately reach the beneficiary’s account. The customer acknowledges that certain beneficiaries may have special processing requirements that may delay the payment process. The Bank will not be liable for any loss or damage because of any errors or omissions of the customer or its representative when creating payment instructions. The Bank does not verify the account details or identity of beneficiaries. The Bank is not liable for any loss or damage because of system, technical or manual failures outside of its control.
