Common use of Authorized Payments Clause in Contracts

Authorized Payments. When you transmit a bill payment instruction to the credit union, you authorize the credit union to transfer funds to make the bill payment transaction from your designated checking account. The credit union will process bill payment transfer requests only to those payees the credit union has designated in its user instructions and such payees as you authorize and for whom the credit union has the proper payee code number. The credit union will not process any bill payment transfer if it knows the required transaction information is incomplete. In any event, the credit union will not be liable for any transaction that contains incorrect information the credit union was not responsible for entering or knowing. If there are insufficient funds in your account to make the bill payment request, the credit union may refuse to make the payment, make the payment and transfer funds from any overdraft protection account you have established, or make the payment and thereby overdraw the payment account. In any event that you have insufficient funds in your payment account to make the bill payment request, you are responsible for any nonsufficient funds ("NSF") or overdraft charges the credit union may impose. You are also responsible for any NSF charges, finance charges, and/or late fees imposed by the bill payment provider and/or the merchant(s) you intended to pay with your bill payment account. The credit union reserves the right to refuse to process payment instructions that reasonably appear to the credit union to be fraudulent or erroneous.

Appears in 1 contract

Samples: Online Banking and Bill Pay Service Terms and Conditions

AutoNDA by SimpleDocs

Authorized Payments. When you transmit a bill payment instruction to the credit unionCredit Union, you authorize the credit union Credit Union to transfer funds to make the bill payment transaction from your designated checking account. The credit union Credit Union will process bill payment transfer requests only to those payees the credit union Credit Union has designated in its user instructions and such payees as you authorize and for whom the credit union Credit Union has the proper payee code number. The credit union Credit Union will not process any bill payment transfer if it knows the required transaction information is incomplete. In any event, the credit union Credit Union will not be liable for any transaction that contains incorrect information the credit union Credit Union was not responsible for entering or knowing. If there are insufficient funds in your account to make the bill payment request, the credit union Credit Union may refuse to make the payment, make the payment and transfer funds from any overdraft protection account you have established, or make the payment and thereby overdraw the payment account. In any event that you have insufficient funds in your payment account to make the bill payment request, you are responsible for any nonsufficient funds ("NSF") or overdraft charges the credit union Credit Union may impose. You are also responsible for any NSF charges, finance charges, and/or late fees imposed by the bill payment provider and/or the merchant(s) you intended to pay with your bill payment account. The credit union Credit Union reserves the right to refuse to process payment instructions that reasonably appear to the credit union Credit Union to be fraudulent or erroneousorerroneous.

Appears in 1 contract

Samples: Digital Services Agreement

Authorized Payments. When you transmit a bill payment Xxxx Payment instruction to the credit unionCredit Union, you authorize the credit union Credit Union to transfer funds to make the bill payment Xxxx Payment transaction from your designated checking account. The credit union Credit Union will process bill payment Xxxx Payment transfer requests only to those payees the credit union Credit Union has designated in its user instructions and such payees as you authorize and for whom the credit union Credit Union has the proper payee code number. The credit union Credit Union will not process any bill payment Xxxx Payment transfer if it knows the required transaction information is incomplete. In any event, the credit union Credit Union will not be liable for any transaction that contains incorrect information the credit union Credit Union was not responsible for entering or knowing. If there are insufficient funds in your account to make the bill payment Xxxx Payment request, the credit union Credit Union may refuse to make the payment, make the payment and transfer funds from any overdraft protection account you have established, or make the payment and thereby overdraw the payment account. In any event that you have insufficient funds in your payment account to make the bill payment Xxxx Payment request, you are responsible for any nonsufficient funds ("NSF") or overdraft charges the credit union Credit Union may impose. You are also responsible for any NSF charges, finance charges, and/or late fees imposed by the bill payment Xxxx Payment provider and/or the merchant(s) you intended to pay with your bill payment Xxxx Payment account. The credit union Credit Union reserves the right to refuse to process payment instructions that reasonably appear to the credit union Credit Union to be fraudulent or erroneous.

Appears in 1 contract

Samples: Digital Banking Services Agreement

Authorized Payments. When you transmit a bill xxxx payment instruction to the credit unionCredit Union, you authorize the credit union Credit Union to transfer funds to make the bill xxxx payment transaction from your designated checking account. The credit union Credit Union will process bill xxxx payment transfer requests only to those payees the credit union Credit Union has designated in its user instructions and such payees as you authorize and for whom the credit union Credit Union has the proper payee code account number. The credit union Credit Union will not process any bill xxxx payment transfer if it knows the required transaction information is incomplete. In any event, the credit union Credit Union will not be liable for any transaction that contains incorrect information the credit union Credit Union was not responsible for entering or knowing. If there are insufficient funds in your account to make the bill xxxx payment request, the credit union Credit Union may refuse to make the payment, make the payment and transfer funds from any overdraft protection account you have established, or make the payment and thereby overdraw the payment account. In any event that you have insufficient funds in your payment account to make the bill xxxx payment request, you are responsible for any nonsufficient funds ("β€œNSF") ”), or overdraft charges the credit union Credit Union may impose. You are also responsible for any NSF charges, finance charges, and/or late fees imposed by the bill xxxx payment provider and/or the merchant(s) you intended to pay with your bill xxxx payment account. The credit union Credit Union reserves the right to refuse to process payment instructions that instructionsthat reasonably appear to the credit union Credit Union to be fraudulent or erroneous.

Appears in 1 contract

Samples: Electronic Services Agreement

AutoNDA by SimpleDocs

Authorized Payments. When you transmit a bill xxxx payment instruction to the credit unionCredit Union, you authorize the credit union Credit Union to transfer funds to make the bill xxxx payment transaction from your designated checking account. The credit union Credit Union will process bill xxxx payment transfer requests only to those payees the credit union Credit Union has designated in its user instructions and such payees as you authorize and for whom the credit union Credit Union has the proper payee code number. The credit union Credit Union will not process any bill xxxx payment transfer if it knows the required transaction information is incomplete. In any event, the credit union Credit Union will not be liable for any transaction that contains incorrect information the credit union Credit Union was not responsible for entering or knowing. If there are insufficient funds in your account to make the bill xxxx payment request, the credit union Credit Union may refuse to make the payment, make the payment and transfer funds from any overdraft protection account you have established, or make the payment and thereby overdraw the payment account. In any event that you have insufficient funds in your payment account to make the bill xxxx payment request, you are responsible for any nonsufficient funds ("NSF") or overdraft charges the credit union Credit Union may impose. You are also responsible for any NSF charges, finance charges, and/or late fees imposed by the bill xxxx payment provider and/or the merchant(s) you intended to pay with your bill xxxx payment account. The credit union Credit Union reserves the right to refuse to process payment instructions that reasonably appear to the credit union Credit Union to be fraudulent or erroneous.

Appears in 1 contract

Samples: Online Banking Agreement

Authorized Payments. When you transmit a bill xxxx payment instruction to the credit unionus, you authorize the credit union us to transfer funds to make the bill xxxx payment transaction from your designated Harborstone checking account. The credit union We will process bill xxxx payment transfer requests only to those payees the credit union Credit Union has designated in its user instructions User Instructions and such payees as you authorize and for whom the credit union Credit Union has the proper payee code number. The credit union Credit Union will not process any bill xxxx payment transfer if it knows we know the required transaction information is incomplete. In any event, the credit union Credit Union will not be liable for any transaction that contains incorrect information that the credit union Credit Union was not responsible for entering or knowing. If there are insufficient funds in your account to make the bill xxxx payment request, the credit union we may refuse to make the payment, make the payment and transfer funds from any overdraft protection account you have established, or make the payment and thereby overdraw the payment account. In any event that you have insufficient funds in your payment account to make the bill xxxx payment request, you are responsible for any nonsufficient non-sufficient funds ("NSF") or overdraft charges the credit union may impose. You are also responsible for any NSF chargesNSF, finance charges, and/or late fees imposed by the bill xxxx payment provider and/or the merchant(s) you intended to pay with your bill xxxx payment account. The credit union Credit Union reserves the right to refuse to process payment instructions that reasonably appear to the credit union Credit Union to be fraudulent or erroneous.

Appears in 1 contract

Samples: Online Banking & Internet Bill Payment Services Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!