Common use of Authorized Payments Clause in Contracts

Authorized Payments. When you transmit a bill payment instruction to us, you authorize us to transfer funds to make the bill payment transaction from your designated checking account. We 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 account number and payment information. The Credit Union will not process any bill payment transfer if we know the required transaction

Appears in 2 contracts

Sources: Business Membership & Account Agreement, Business Membership & Account Agreement

Authorized Payments. When you transmit a bill payment Bill Payment instruction to usthe Credit Union, you authorize us the Credit Union to transfer funds to make the bill payment Bill Payment transaction from your designated checking account. We The Credit Union will process bill payment Bill Payment transfer requests only to those payees the Credit Union has designated in its User Instructions user instructions and such payees as you authorize and for whom the Credit Union has the proper payee account number and payment information. The Credit Union will not process any bill payment transfer if we know the required transactionpayees

Appears in 1 contract

Sources: Membership & Account Agreement

Authorized Payments. When you transmit a bill payment Bill Payment instruction to usthe Credit Union, you authorize us the Credit Union to transfer funds to make the bill payment Bill Payment transaction from your designated checking account. We The Credit Union will process bill payment Bill Payment transfer requests only to those payees the Credit Union has designated in its User Instructions user instructions and such payees as you authorize and for whom the Credit Union has the proper payee account number and payment informationcode number. The Credit Union will not process any bill payment transfer if we know the required transactionwill

Appears in 1 contract

Sources: Membership & Account Agreement