Common use of Bank Funded Payments Clause in Contracts

Bank Funded Payments. If you pay us for our Services (including payment of the Transaction Amount and any applicable Service Fee) using a Bank Funded Payment, you must follow the instructions we notify you make such a payment. In particular, the following terms strictly apply to your use of this payment method: When using our Easy Bank Transfer feature, our “Open Banking” partner(s) (for example, TrueLayer) will enable you to access your accounts with other providers, and initiate payments from those accounts to Remitly to pay for our Services. Our Open Banking partner(s) are authorised to provide these services. When you use Open Banking services to initiate a payment from an account you hold with another provider: You must ensure that you enter your account access details accurately, to be able to successfully initiate payments to Remitly. You must comply with any terms and conditions that you have agreed with our Open Banking partner(s) in order to use their services. Where using our Manual Bank Transfer feature the following terms strictly apply to your use of this payment method: You must pay us from a bank account that matches your Profile name and you must also transfer the funds to us using the bank funding scheme we inform you as being available. Your Bank Funded Payment must originate from an account held with a credit institution established in Greece in the exact name that is displayed in your Profile and paid to us electronically. You must pay us within the timeframe we notify you. You must execute the Bank Funded Payment via your own applicable electronic banking channel such that we receive the payment within the timeframe we notify you at the time you submit your Transaction for processing. You must enter the correct payment details and pay the exact amount. You must enter and use the exact details we supply you to make a Bank Funded Payment. Such details include, our bank account sort code, account number, together with the exact payment amount and reference number we notify you which relates to the Transaction. It is very important that these exact details are provided by you. If the details you provide are incorrect your payment may go to someone else and it may not be possible to get your money back from them. We are not responsible nor liable to you for any loss you may suffer (or for any form of refund) if you send money to someone other than ourselves and/or your payment is not recognised by us by you not providing the correct details.

Appears in 3 contracts

Samples: User Agreement, User Agreement, User Agreement

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Bank Funded Payments. If you pay us for our Services (including payment of the Transaction Amount and any applicable Service Fee) using a Bank Funded Payment, you must follow the instructions we notify notified to you to make such a payment. In particular, the following terms strictly apply to your use of this payment method: When using our Easy Bank Transfer feature, our “Open Banking” partner(s) (for example, TrueLayer) will enable you to access your accounts with other providers, and initiate payments from those accounts to Remitly to pay for our Services. Our Open Banking partner(s) are authorised to provide these services. When you use Open Banking services to initiate a payment from an account you hold with another provider: You must ensure that you enter your account access details accurately, to be able to successfully initiate payments to Remitly. You must comply with any terms and conditions that you have agreed with our Open Banking partner(s) in order to use their services. Where using our Manual Bank Transfer feature the following terms strictly apply to your use of this payment method: You must pay us from a bank account that matches your Profile name and you must also transfer the funds to us using the bank funding scheme we inform you as being available. Your Bank Funded Payment must originate from an account held with a credit institution established in Greece the Principality of Liechtenstein in the exact name that is displayed in your Profile and paid to us electronically. You must pay us within the timeframe we notify you. You must execute the Bank Funded Payment via your own applicable electronic banking or building society channel such that we receive the payment within the timeframe we notify you at the time you submit your Transaction for processing. You must enter the correct payment details and pay the exact amount. You must enter and use the exact details we supply you to make a Bank Funded Payment. Such details include, our bank account sort code, account number, together with the exact payment amount and reference number we notify you which relates to the Transaction. It is very important that these exact details are provided by you. If the details you provide are incorrect your payment may go to someone else and it may not be possible to get your money back from them. We To the extent permitted under the applicable law, we are not responsible nor liable to you for any loss you may suffer (or for any form of refund) if you send money to someone other than ourselves and/or your payment is not recognised by us by you not providing the correct details.

Appears in 1 contract

Samples: User Agreement

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