Bill Payments. The Depositor acknowledges and agrees that:
a) bill payments made through an Access Terminal or at a branch of the Financial Institution are not processed immediately and that the time period for processing depends upon a number of factors, including, without limitation, the time when the bill payment is initiated and the internal accounting processes of the bill payment recipient;
b) it is the responsibility of the Depositor to ensure that bill payments are authorized in sufficient time for the payment to be received by the bill payment recipient before its due date;
c) the Financial Institution and Central 1 will not be liable for any cost, expense, loss, damage, or inconvenience of any nature or kind whatsoever arising as a result of any error, non-payment, or a delay in the processing of bill payments;
d) if the Depositor has made or received a bill payment in error, the Financial Institution may, but is not obliged to, assist the Depositor by initiating or processing a Bill Payment Error Correction Debit, as defined under the Payments Canada Rules (as may be amended from time to time), and if so initiated, the Depositor agrees to indemnify the Financial Institution for any direct loss, costs or damages incurred, and will pay to the Financial Institution any reasonable service charges or fees related to the provision of the service; and
e) if the Financial Institution, absent gross negligence or wilful misconduct, initiates or processes a Bill Payment Error Correction Debit affecting the accounts or affairs of the Depositor, the Financial Institution shall be held harmless for any and all loss, costs or damages suffered or incurred by the Depositor, howsoever caused, relating to the bill payment or the Bill Payment Error Correction Debit process.
Bill Payments. Whether you use an Account Access Device, a Debit Card or an in-branch transaction to pay a bill, you acknowledge and agree that: o bill payments from the Account are not necessarily processed immediately and that the time period for processing depends upon a number of factors including, without limitation, the time between when the bill payment is initiated and the internal accounting processes of the bill payment recipient; o it is your responsibility to ensure that bill payments are authorized in sufficient time for the payment to be received by the bill payment recipient before its due date; and o the Credit Union will not be liable for any cost, expense, loss, damage, or inconvenience of any nature or kind whatsoever arising as a result of non-payment or a delay in the processing of bill payments. You acknowledge that the availability of Account services, including services requiring an Account Access Device or a Debit Card depends on telecommunications systems, computer hardware and software, and other equipment, including equipment belonging to the Credit Union and Third Parties, and as a result the Credit Union cannot guarantee the provision of uninterrupted Account access and service. The Credit Union is not liable for any cost, loss, damage, injury, inconvenience, or delay of any nature or kind whatsoever, whether direct, indirect, special, or consequential, that you may suffer arising from non-continuous or interrupted Account service or the Credit Union providing or failing to provide any particular service, or from the malfunction or failure of telecommunication systems, computer hardware or software, or other equipment, or other technical malfunctions or disturbances for any reason whatsoever, nor is the Credit Union liable for any lost, incomplete, illegible, misdirected, intercepted, or stolen messages, or failed, incomplete, or delayed transmissions, or online failures (collectively, “Interruption Claims”), even if you have advised the Credit Union of such consequences. You release and agree to hold the Credit Union harmless from any and all Interruption Claims.
Bill Payments. You may authorize new payment instructions or edit previously authorized payment instructions for bill payments that are either variable (i.e., payments on merchant charge accounts that vary in amount) or fixed (i.e., fixed loan payments). When you transmit a bill payment instruction to us, you authorize us to transfer funds to make the bill payment transaction from your checking account. We will process bill payment transfer requests only for such creditors as you authorize. The Credit Union will not process any bill payment transfer if we know the required transaction information is incomplete. In any event, the Credit Union will not be liable for any transaction that contains incorrect information that the Credit Union was not responsible for entering or knowing. If there are insufficient funds in your account to make the bill payment request, your account will incur a Non-Sufficient Funds (NSF) charge. Subsequent payment requests may not be processed until funds are collected for all previous payments. The Credit Union’s bill payment processor may attempt to clear the payment (s) from your account up to three (3) times. After six (6) NSF occurrences, your Bill Payment account may be closed. The Credit Union reserves the right to refuse to process payment instructions that reasonably appears to the Credit Union to be fraudulent or erroneous. The Credit Union will withdraw the designated funds from your account for the bill payment transfer within five (5) business days after your payment request has been processed. The Credit Union will process your bill payment transfer within three (3) business days of the date you schedule for payment. It is your responsibility to schedule your bill payments in such a manner that your obligations will be paid on time. You should enter and transmit your bill payment instructions at least ten (10) days before a bill is due. You are responsible for any late payments or finance charges that may be imposed as a result of your failure to transmit a timely bill payment authorization. You may cancel or stop payment on variable or fixed bill payments instructions under certain circumstances. If you discover an error in or want to change a payment instruction (i.e., payment date or payment amount) for a bill payment that you have already scheduled for transmission through the bill payment service, you may electronically edit or cancel your payment request through bill payment. Your cancellation request must be entered and tran...
Bill Payments. 3.1 Use of your Card for payment of bills: You may use your Card to effect Bill Payments.
3.2 Processing Bill Payments: Bill Payments will only be paid if there are sufficient funds in your Credit Card Account at the time the payment is processed. For Bill Payments that are programmed in advance, if there are insufficient funds on the business day the payment is processed, the payment will be cancelled one business day after that day and a fee may be charged. Bill Payments made from your Credit Card Account before 8.00 pm will be debited on your Credit Card Account the next business day and payments made after 8.00 pm will be debited on your Credit Card Account two (2) business days later.
3.3 Maximum limit: From time to time we may set a maximum amount that you can pay from your Credit Card Account in respect of a single Bill Payment. Should you exceed this maximum amount, we cannot guarantee processing of the payment or accept liability for fees or interest charged by us or any other party. You may check the maximum amount for a Bill Payment by contacting us in accordance with clause 15.
3.4 Pre-selected bill payees: Pre-selected bill payees may have pre-arranged with us to accept Card payments. Bill Payments treated as purchases may earn Airpoints Dollars and an interest-free period (if applicable). In the case of Visa or MasterCard, we may elect to treat such Bill Payments as either a purchase or Cash Advance. In the case of American Express Cards, all Bill Payments are treated as Cash Advances. Bill Payments treated as a Cash Advance will attract a Cash Advance fee, and interest will apply immediately if your Credit Card Account is in debit. You will not earn Airpoints Dollars on any bill payments that are treated as a Cash Advance. If your pre-selected bill payee does not accept Card payments you may be required to select another Card Account to make the payment from or arrange to set up a self-selected bill payee.
3.5 Self-selected bill payees: Bill Payments from self-selected bill payees are treated as Cash Advances. They will attract a Cash Advance fee and interest will apply immediately until the Cash Advance is paid in full. Self-selected bill payee payments will not earn Airpoints Dollars.
Bill Payments. You may make payments to third parties by telephone or personal computer. Refer to the Salem Five Online Banking Agreement for further information about Bill Payments. You may authorize the Direct Electronic Transfer of funds to or from your designated account(s). For example:
a. You may authorize a third party, such as a government agency or your employer, to periodically make deposits to your account.
b. You may authorize a one-time or periodic transfer of funds from your designated checking account to pay your obligations to third parties.
Bill Payments. 3.1 Use of your Card for payment of bills You may use your Card to effect Bill Payments.
3.2 Processing Bill Payments Bill Payments will only be paid if there are sufficient funds in your Credit Card Account at the time the payment is processed. For Bill Payments that are programmed in advance, if there are insufficient funds on the business day the payment is processed, the payment will be cancelled one business day after that day and a fee may be charged. Bill Payments made from your Credit Card Account before
Bill Payments. If you elect to use the Bill Payment Service of Online Banking, you agree to abide by the Online Bill Payment Services section, and the third party vendor’s “Terms and Conditions of the Bill Payment Service” which may be viewed through the Bill Pay system.
Bill Payments. You may make payments through Bill Payment Service (“Bill Pay Service”) to any business, person or professional ("Payee") that has an address which can verified. Bill Payments (“payments”) may be made only to Payees with a United States payment address. Bill Pay reserves the right to refuse to accept any bill payment transaction. Bill Payments for alimony, child support, taxes, government fees, or court ordered payments are not always accepted. You can make these payments, but Bill Pay Service do not guarantee that it will be accepted or posted in a timely fashion. You must do so at your own risk.
a) Bill payments will be sent to the payee either electronically or by paper check mailed to the payee via the U.S. Postal Service. The choice of electronic or paper check is solely at the discretion of Bill Pay Service. Checks, electronic payments, and withdrawal orders of any kind can be drawn on your Account in any order. You should be aware that other transactions (such as ATM, telephone banking, on-line transfers or in- branch withdrawals) may affect the amount of funds available to make your payment.
b) When you schedule a bill payment transaction, you authorize Genesee Co-op to reduce the Account balance accordingly. If the available balance in the Account is not sufficient to make payments you have authorized, Genesee Co-op may either refuse to pay the item or make the payment and thereby overdraw the account. In either event, you are responsible for any insufficient funds and overdraft charges that may be imposed, as stated in the Genesee Co-op’s fee and disclosure statements. Genesee Co-op reserves the right to refuse to honor payment requests that may reasonably appear to be fraudulent or erroneous.
c) When a bill payment is scheduled, an estimated delivery date is given, based on the method of delivery being used to make the payment. However, payments should be scheduled at least five (5) business days before the business day on which a bill payment is due to ensure that Bill Pay Service has sufficient time to process and deliver the payment. Bill Pay Service or Genesee Co-op is not responsible for payment delivery delays caused by the U.S. Postal Service or for payment processing delays after the payee has received the payment. Any charges imposed as a result of your failure to transmit bill payment transactions at least five (5) business days before a payment is due are your responsibility. The Bill Pay Service or FNCU Genesee Co-op is not responsib...
Bill Payments. Pay any designated merchant, institution or individual in accordance with this agreement a fixed recurring amount or a variable amount “on demand,” from your designated Checking Account.
Bill Payments. The Client authorizes ATB Financial to follow any payment Instructions for bill payments (Bill Payment Instruction) the Client provides through ATB Business. ATB Financial will, after receipt of a Bill Payment Instruction, debit the Client’s Account designated in the Bill Payment Instruction on the date scheduled by the Client in the Bill Payment Instruction (Bill Payment Date) and remit funds on the Client’s behalf to the Payee as close as reasonably possible to the Bill Payment Date.
5.2.1 The Client authorizes ATB Financial to make bill payments to the Payee by any means ATB Financial determines appropriate.
5.2.2 The Client acknowledges that, as different bill payment companies have different payment requirements, it is the Client’s responsibility to know what the Client’s bill payment company’s requirements are and to make bill payments accordingly.
