Common use of Faster Payment Services Clause in Contracts

Faster Payment Services. We may make services available that allow You to make faster payments through a customer service representative using a telephone, the internet, or other payment system. We will describe the terms for using these services before You use them. You do not have to use these other payment services, and we may charge You a Fee for using them. If we do, we will tell You the amount of the Fee at the time You request the service. We are not responsible if a payment made using our payment services is rejected or not paid. Even if it is, we may still keep the Fee. If You give Your Account number or other Account information to someone else to make a payment for You, we may provide them limited Account information necessary for the payment and process their payment as if You made it. We may refuse to accept any payment made by someone else for Your Account. If we accept a payment made by someone else for Your Account, You will be responsible for the payment made even if that payment is rejected or not paid. We may accept and process payments without losing any of our rights. Even if we credit Your payment to Your Account, we may delay the availability of credit until we confirm that Your payment has cleared. We may resubmit and electronically collect returned payments. We may also adjust Your Account as necessary to correct errors, to process returned and reversed payments, and to handle similar issues. When You provide an Item as payment, You authorize us either to use information from Your Item to make a one-time electronic fund transfer from Your deposit account or to process the payment as an Item. We will provide additional information about this process on Your Statement or other documents we send You before Your payment. When You provide an Item as payment, it might also be converted into an electronic image and collected and returned electronically. These electronic images may also be converted to substitute checks. We will not be responsible if an Item You provide has physical features that when imaged result in it not being processed as You intended.