Common use of Liability for Failure to Complete Transfers Clause in Contracts

Liability for Failure to Complete Transfers. In using the Service, you are requesting that we attempt to make payments for you from your Account. If the payment instruction cannot be completed for any reason associated with your Account (for example, there are insufficient funds in your Account, or the payment instruction would exceed the credit or overdraft protection limit of your Account, to cover the payment), the payment instruction may or may not be completed. In certain circumstances, we may advance funds to your Account to cover an electronic debit. We may also attempt to debit your Account a second time to complete the payment instruction. In some instances, you will receive a return notice from us. In each such case, you agree that:

Appears in 4 contracts

Samples: Zelle Network® Agreement, Zelle Network Agreement, Zelle Network® Agreement

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