Common use of CLOSING PAYMENT ACCOUNTS Clause in Contracts

CLOSING PAYMENT ACCOUNTS. It is your responsibility to cancel or move any Automatic Payment associated with a Payment Account you close. If you close all of your checking accounts, you also need to cancel any pending payments and the BillPay service. There may still be pending payments, or payments that have not yet cleared your account; it is your responsibility to maintain your account long enough for the payments to clear or to issue stop payments on the outstanding payments and to make other payment arrangements.

CLOSING PAYMENT ACCOUNTS. It is your responsibility to cancel cancel, move, or move make alternate arrangements for any Automatic Payment associated with a Payment Account you close. If you close all of your Payment Accounts and checking accounts, you also need to cancel any pending payments Bill Payments and the BillPay service. There may still be pending paymentsBill Payments, or payments Bill Payments that have not yet cleared your account; it is your responsibility to maintain your account long enough for the payments Bill Payments to clear or to issue stop payments payment requests on the outstanding payments Bill Payments and to make other payment payments arrangements.