Bill Payment Process Sample Clauses

Bill Payment Process. The Bill Payment Service will process Payments in accordance with the Payment instructions you provide. The Bill Payment Service will only process Payments on Business Days. The Bill Payment Service will debit your Funding Account or issue a draft against the Funding Account, and deliver those funds to the designated Payee on your behalf such that the funds arrive as close to the scheduled Due Date / Deliver By Date as is reasonably practicable. Numerous business and technical requirements determine if a Payee can accept Payments electronically, but in all cases, Payments can be remitted by check. The Service Provider shall have sole discretion to determine the appropriate remittance method. In order to process Payments efficiently and effectively, or otherwise comply with a Payee’s remittance requirements, the Bill Payment Service reserves the right to change or update Payee data, or alter the method of Payment remittance. Neither the Service Provider nor we shall be responsible for late Payments, nor to reimburse you for late fees, due to: (i) U.S. postal delivery issues; (ii) electronic remittance network issues; (iii) your Payee’s payment processing procedures; (iv) instances where the financial risk associated with the Payment requires check remittance instead of electronic remittance or additional Business Days to ensure sufficient funds in the Funding Account are available; or (v) other circumstances beyond Service Provider’s or our control.
Sample 1
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Bill Payment Process. ‌ The Service will process Payments in accordance with the Payment instructions you provide. The Service will not process Payments on weekends or bank holidays. The Service will debit your Funding Account and deliver those funds to the designated Payee on your behalf such that the funds arrive as close to the scheduled Due Date / Deliver By Date as is reasonably possible.‌ Numerous business and technical requirements determine if a Payee can accept Payments electronically, but in all cases Payments can be remitted by check. The Service provider shall have sole discretion to determine the appropriate remittance method. In order to process Payments efficiently and effectively, or otherwise comply with Merchants’ remittance requirements, the Service reserves the right to change or update Payee data, or alter the method of Payment remittance. Neither the Service provider nor Mocse shall be responsible for late payments, nor reimburse you for late fees, due to:‌  U.S. postal delivery issues;  electronic remittance network issues;  your Payee’s payment processing procedures;  instances where the financial risk associated with the Payment requires check remittance instead of electronic remittance or additional Business Days to ensure sufficient funds in the Funding Account are available; or  other circumstances beyond its control.
Sample 1Sample 2
Bill Payment Process. The Service will process Payments in accordance with the Payment instructions you provide. The Service will not process Payments on weekends or bank holidays. The Service will debit your Funding Account or issue a draft against your Funding Account, and deliver those funds to the designated Payee on your behalf such that the funds arrive as close to the scheduled Due Date / Deliver By Date as is reasonably practicable. Numerous business and technical requirements determine if a Payee can accept Payments electronically, but in all cases Payments can be remitted by check. The Service provider shall have sole discretion to determine the appropriate remittance method. In order to process Payments efficiently and effectively, or otherwise comply with Merchants’ remittance requirements, the Service reserves the right to change or update Payee data, or alter the method of Payment remittance. Neither the Service provider nor the Financial Institution shall be responsible for late payments, nor reimburse you for late fees, due to: a) U.S. postal delivery issues; b) electronic remittance network issues; c) your Payee’s payment processing procedures; d) instances where the financial risk associated with the Payment requires check remittance instead of electronic remittance or additional Business Days to ensure sufficient funds in the Funding Account are available; or d) other circumstances beyond its control.
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Bill Payment Process. Bank will process Bill Payments on the Business Day designated by you, provided that the Bill Payment request is received prior to the Cut-off Time. Bill Payment requests received on a Business Day after the Cut-off Time, or on a day that is not a Business Day, will be processed on the next Business Day. You must select a Bill Payment Date that is at least five (5) Business Days before the actual bill due date required by the payee to allow time for the Bill Payment to reach and be processed by the payee. If the Bill Payment Date falls on a day that is not a Business Day, you must select the preceding Business Day as the Payment Date. Due to circumstances beyond Bank’s control, some payees take longer to post payments than others. Bank suggests sending the first payment to a particular payee eight (8) Business Days in advance of its due date. After that payee has posted the payment, you will have a better understanding of how much time to allow for future Bill Payments to that payee. FOR RECURRING BILL PAYMENT REQUESTS, IF YOU SELECTS THE 29TH, 30TH OR 31ST AS THE BILL PAYMENT DATE AND THAT DATE DOES NOT EXIST IN A GIVEN MONTH (E.G., FEBRUARY) THEN THE PAYMENT WILL BE MADE ON THE FIRST BUSINESS DAY OF THE FOLLOWING MONTH (E.G., MARCH 1ST). Bank will reimburse You for any late payment-related charges by a payee up to $50.00 should a Bill Payment post after its due date, as long as the Bill Payment Date was scheduled in accordance with this Agreement. When you schedules a Bill Payment, you authorize Bank to debit the Account and remit funds on your behalf.
Sample 1
Bill Payment Process. The service will process payments in accordance with the payment instructions you provide. The service will not process payments on weekends or bank holidays. The service will debit your funding account or issue a draft against your funding account, and deliver those funds to the designated payee on your behalf such that the funds arrive as close to the scheduled due date / deliver by date as is reasonably practicable. Numerous business and technical requirements determine if a payee can accept payments electronically, but in all cases payments can be remitted by check. The service provider shall have sole discretion to determine the appropriate remittance method. In order to process payments efficiently and effectively, or otherwise comply with merchants’ remittance requirements, the service reserves the right to change or update payee data, or alter the method of payment remittance. Neither the service provider nor the financial institution shall be responsible for late payments, nor reimburse you for late fees, due to: a) U.S. postal delivery issues; b) electronic remittance network issues; c) your payee’s payment processing procedures;
Sample 1

Related to Bill Payment Process

  • Payment Processing Citizens may require any other information from Vendor that Citizens deems necessary to verify any compensation request placed under this Agreement and Vendor agrees that it will provide such information as reasonably requested by Citizens. Payment shall be due net thirty (30) calendar days of Citizens’ actual receipt of a complete and undisputed invoice. Where a submitted invoice is incomplete, such as not containing the information described in this Section, Citizens will return the incomplete invoice to Vendor for correction within thirty (30) calendar days of Citizens’ actual receipt of such invoice. Where Citizens reasonably disputes any part of a complete invoice, such as the amount of the compensation request, Citizens shall pay any undisputed portion of the invoiced amount within (30) calendar days of Citizens’ actual receipt of the complete invoice and will describe the basis for the disputed portion of the invoiced amount. Where Vendor disagrees with Citizens dispute of any invoice, the Parties shall seek to resolve the dispute in accordance with the Dispute Resolution Process further described in this Agreement. In no case shall Citizens be subject to late payment interest charges where Vendor has submitted an incomplete invoice or where Citizens has reasonably disputed an invoice. Where Vendor fails to submit an invoice within twelve (12) calendar months of the Services for which compensation is being requested, Vendor acknowledges and agrees that any payment due for such Services is forfeited by Vendor for its failure to timely submit an invoice.

  • Rates and Payment Process Subject to the SAA, the Project Funding for the provision of the Services shall be as specified in Appendix A to this PFA.

  • Performance Improvement Process 9.5.1 The purpose of the Performance Improvement Process is to remedy or mitigate the impact of a Performance Factor. The Performance Improvement Process may include: a requirement that the Hospital develop an Improvement Plan; or an amendment of the Hospital’s obligations as mutually agreed by the parties.

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