Common use of Canceling or Changing Bill Payments Clause in Contracts

Canceling or Changing Bill Payments. You may cancel or stop payment on Future and Recurring bill pay- ments instructions under certain circumstances by following the in- structions provided. 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 Pay service, you may electronically edit or cancel your pay- ment request through the Bill Pay service. Your cancellation request must be entered and transmitted through the Bill Pay service before the date you have scheduled for payment. If your request is not timely entered, you will be responsible for the payment. If you wish to place a verbal stop payment on a recurring bill payment transaction, not using the Bill Pay service, the Credit Union must re- ceive your verbal stop payment request at least three (3) business days before the Scheduled Debit Date. You may call the Credit Un- ion at the telephone number set forth in Section 5 to request a stop payment. If you call, the Credit Union may require you to confirm your stop payment request in writing within 14 days after the call.

Appears in 3 contracts

Samples: Online and Mobile Banking Agreement, www.acadiafcu.org, www.greateralliance.org

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Canceling or Changing Bill Payments. You may cancel or stop payment on Future and Recurring bill pay- ments instructions under certain circumstances by following the in- structions provided. 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 Pay service, you may electronically edit or cancel your pay- ment request through the Bill Pay service. Your cancellation request must be entered and transmitted through the Bill Pay service before the date you have scheduled for payment. If your request is not timely entered, you will be responsible for the payment. If you wish to place a verbal stop payment on a recurring bill payment transaction, not using the Bill Pay service, the Credit Union must re- ceive receive your verbal stop payment request at least three (3) business days before the Scheduled Debit Date. You may call the Credit Un- ion at the telephone number set forth in Section 5 to request a stop payment. If you call, the Credit Union may require you to confirm your stop payment request in writing within 14 days after the call.

Appears in 1 contract

Samples: Banking Services Agreement

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