Bill Payment Service Sample Clauses
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Bill Payment Service. The Bill Payment service permits you to use your Internet-enabled device to direct payments from your designated online Bill Pay Account to third parties you wish to pay. Your Bill Pay Account must be a checking account. Through the Bill Payment service, you can pay bills from your Bill Pay Account to businesses or individuals. All payments you make will be deducted from the account that you designate as your Bill Pay Account for the Bill Payment service. Any payments you wish to make through this service must be payable in U.S. dollars to a payee located in the continental United States. We reserve the right to restrict types of payees to whom payments may be made using the Service from time to time. You should not use the Bill Payment service to make payments to settle securities purchases, payments to interest bearing accounts, tax payments, or court ordered payments. Payments for these payees will be your sole responsibility if delayed or improperly processed or credited. Funds must be available in your Bill Pay Account on the scheduled payment date. If the date you schedule a payment to be initiated falls on a non-business day (Saturday, Sunday or holiday), funds must be available in your Bill Pay Account the following business day (e.g., Monday). After funds are withdrawn from your Bill Pay Account to make a payment, we may make the payment either by transferring funds electronically to the payee or by mailing the payee a check. You may choose to schedule payments to recur in the same amount at regular weekly, bi-weekly or monthly intervals (a "recurring payment"). If a recurring payment is chosen, the bill will be paid automatically each billing period. If the payment is not a recurring payment, it will be a "one-time payment." One-time payments do not recur and are not made until you enter the payee and amount of the current bill and submit the payment. You may change payments that are recurring payments; however, you must allow at least three (3) business days after we receive any change to information you have given us about a payee to reflect the change in our records. When you create a new payee in the Bill Payment service, it has a temporary status until we have had sufficient time to set up the account, and for your business payees, verify information about your account. You should schedule a payment to a new payee at least ten (10) business days before any payment due date, to allow us time to set up the payee and verify information about yo...
Bill Payment Service. This Service allows Customer to obtain information about its accounts and transactions, communicate with the Bank electronically, and make payments to others. In order to do so, Customer must accept the Bill Payment Agreement when Customer first logs in to Bill Payment after registration. All rules and warranties governing these types of transactions contained in the Bill Payment Agreement will apply and form part of this Agreement.
Bill Payment Service. By furnishing us with the names of your Merchants and their addresses, you give us authorization to follow the Payment instructions that you provide to us. When we receive a Payment instruction for the current date or a future date, we will remit the funds to the Merchant on your behalf from the funds in your designated Account. Funds for a Payment will be withdrawn from your Account the Business Day it is scheduled by you to be sent to the merchant.
Bill Payment Service. You may use the financial institution’s bill payment service, to direct the financial institution and/or service provider to make payments from your funding account to the payees you choose in accordance with this agreement. The terms and conditions of this agreement are in addition to the account agreements, disclosures and other documents in effect from time to time governing your funding account. The service provider will bear responsibility for any late payment related charges up to fifty dollars ($50.00) should a payment post after the scheduled deliver by date, provided that the payment was scheduled and the payee information was maintained in accordance with the guidelines described within this agreement. Notwithstanding the foregoing, the service provider shall not be responsible for any such charges if the service provider does not have responsibility or liability for a payment transaction, late payments or late payment related charges under the other provisions of this agreement, including, without limitation, those payments described under the exception payments section below.
Bill Payment Service. We will process bill payment transfer requests only to those creditors the Credit Union has designated in the User Instructions and such creditors as you authorize and for whom the Credit Union has the proper vendor code number. We will not process any bill payment transfer if the required transaction information is incomplete.
Bill Payment Service. The bill payment service may be used to schedule the payment of funds from Customer’s checking and money market Accounts to Payees that have been selected to receive payment using the service. The service allows bill payments in several ways: • An immediate payment is a single transfer of funds to a Payee to be initiated as soon as possible after the transfer request is submitted. • A recurring payment is one of a series of transfers of a fixed amount of funds to a Payee on a regular, periodic basis. • A future-dated payment is a single transfer of funds to a Payee to be made on a date Customer specifies up to 364 days in advance. • A payment that is made following the receipt of an electronic bill (“e-bill”). Bill payments made through the System require sufficient time for the Payee to credit Customer’s account properly. To avoid the assessment of late charges by the Payee, Customer should make the payment at least five (5) Business Days before the due date of the payment. Payment requests submitted on a Business Day before 7:30 p.m. (Eastern Time) Monday through Thursday and 10:30 p.m. (Eastern Time) on Friday are initiated on that Business Day, provided a sufficient Available Balance. Transactions conducted after those times on a Business Day or at any time on a non-Business Day are initiated on the next Business Day, subject to a sufficient Available Balance in the Account from which the payment is being made. Bank cannot guarantee prompt receipt and processing of payments by ▇▇▇▇▇▇ and will not be responsible for any charges imposed or other action taken by a Payee because of a late payment, including but not limited to finance charges and late fees. BANK MAY TERMINATE ACCESS TO THE BILL PAY SERVICE AFTER SIX (6) CONSECUTIVE MONTHS OF INACTIVITY.
Bill Payment Service. Bill Payment Account Designation; Payment Details. When using the Bill Payment Service, Client must designate the Account (“Bill Payment Account”) from which the bill payments (“Bill Payments”) are to be made. For each Bill Payment, Client will also be required to provide the complete name of the payee, the account number and the payee’s remittance address (as exactly as shown on the billing statement or invoice), the amount of the payment and the date Client wants the payment to be processed by Bank (“Pay Date”). If the Pay Date is not a business day, then the Bill Payment will be processed by Bank the next business day. To have a Pay Date that is the same date Client accesses the System and initiates the Bill Payment instruction, the Bill Payment instruction must be received by Bank on a business day, prior to the Bill Payment Service cutoff hour. The availability of this option may vary based on the payee. Setting-Up Payees. When Client signs onto the Bill Payment Service, Client must establish Client’s list of payees. A payee is anyone, including Bank, that Client designates to receive a Bill Payment; provided that Bank accepts the payee for the Bill Payment Service. Bank reserves the right to reject any payee at any time, at its discretion. Bank is not responsible if a Bill Payment is not made to a payee because Client provided Bank with incomplete, incorrect or outdated information regarding the payee or Client attempted to make a payment to a payee that is not on Client’s authorized list of payees. Payments to payees outside of the United States or its territories are prohibited through the Bill Payment Service.
Bill Payment Service. Ebanking Bill Payment service ("Bill Payment") is an electronic payment system that permits you to initiate and authorize payments from your account to payees that you have selected in advance to receive payments by means of this service. (A "payee" is a person or business you are paying.) You have the option of setting up a payee as one of two bill payment types: (1) recurring payments, which are payments of a fixed amount that are paid at a regular time interval, such as monthly (e.g., rent, mortgage, etc.); and (2) single payments, which are payments that vary in amount and/or date (e.g., utility, credit card, etc.). We use a third party processor, iPay Technologies LLC ("Bill Payment processor"), for Bill Payment. The Bill Payment processor provides customer support for questions and issues regarding Bill Payment processing such as researching payments, payment posting, adding payees, etc. To subscribe to Bill Payment, you must have a checking account with the Bank and complete the appropriate application form. Your access to Bill Payment is subject to our approval. We reserve the right to deny access to Bill Payment based upon our policies in effect, your account history, or your credit history. If you are approved, you may use Bill Payment to make payments from one checking account designated by you as your account to debit for Bill Payment ("Primary Account"). An account that requires two or more signatures to make withdrawals may not be designated as a Primary Account. The Bill Payment processor has provided "HELP" screens and other information online explaining the use and features of Bill Payment. These are found in the Bill Payment module. The information, terms, and conditions contained in these "HELP" screens from the Bill Payment processor, as amended from time to time, are incorporated herein and are made a part of this Agreement. You agree to the information, terms, and conditions contained in these "HELP" screens, and any changes and amendments thereto. The Bill Payment processor has provided a “Live Chat” feature along with a messaging center and a toll-free number for your use in Bill Payment support. You hereby authorize debits, by ACH or otherwise, against your Primary Account to facilitate payment by the Bill Payment processor to payees you have selected in Bill Payment. You must have sufficient funds available in your Primary Account to pay your payees. If there are insufficient funds in the Primary Account to make payments you have ...
Bill Payment Service. This service is available for all Accounts except Time Deposit Accounts. The Customer may request this service by checking the appropriate box in the Account Application at the time an Account is established or by making a specific written request at any time thereafter. ▇▇▇▇ then will pay, from time to time, bills that you specify to us in an acceptable written form and will debit your Account for the amount of each such bill that Helm pays on your behalf. ▇▇▇▇ will also debit your Account for the applicable service charge which is then in effect, and which the Helm may change from time to time. You understand that in performing this service the Helm may make the bill payments by check or funds transfer (which may be through an automated clearing house), that the Helm will be acting as your agent in making such payments on your behalf, and that all such payments will be subject to applicable Florida and federal law and to all applicable rules and operating procedures. You agree that the Helm shall have no obligation to review invoices, make inquiries, or take any other action for the purpose of determining independently the amount of a required payment, the name or address of a payee, or any other information relating to a requested bill payment. Without limiting the generality of the foregoing, in the event you wish us to make future payments in amounts that are not now known (e.g., you wish us to pay a property tax bill each year), a written request must be made at the time the amount required to be paid (and all other relevant information) is known. You also agree that ▇▇▇▇ is under no obligation to comply with your bill payment instructions if the designated Account does not have sufficient funds available at the time of requested payment. If there are insufficient funds available in your designated Account on the date a payment is requested, we will be under no obligation to attempt to complete the payment on subsequent Banking Days. Generally, payments will be processed on the date specified in your bill payment instructions. If, however, you specify a date which falls on a Saturday, Sunday, or holiday, the payment will not be processed until the next Banking Day. You must allow sufficient time for your payment to reach its destination. Helm will not be liable for any errors or delays in processing or making any such payment (including postal delays and processing delays by the payee), except errors or delays caused by ▇▇▇▇’▇ gross negligence, or fo...
Bill Payment Service. These Bill Payment Service - Terms of Use govern your use of the Bill Payment Service.