Liability for Failure to Stop Payment of Preauthorized Transfer. If you order Platform or Bank to stop a preauthorized payment three (3) business days or more before the transfer is scheduled, and Bank/Platform does not do so, Bank will be liable for your losses or damages.
Appears in 5 contracts
Samples: Consumer Deposit Account Agreement, Health Savings Account Consumer Deposit Agreement, Consumer Deposit Account Agreement
Liability for Failure to Stop Payment of Preauthorized Transfer. If you order Platform or Bank us to stop a preauthorized payment three (3) 3 business days or more before the transfer transaction is scheduled, and Bank/Platform does we do not do so, Bank we will be liable for your losses or damages. A preauthorized payment is a future recurring payment with the first in the series of payments having cleared the account at least once prior to the stop payment request.
Appears in 1 contract
Samples: Visa Debit Card Agreement
Liability for Failure to Stop Payment of Preauthorized Transfer. If you order Platform or Bank us to stop a preauthorized payment three (3) business days or more before the transfer is scheduled, and Bank/Platform does we do not do so, Bank we will be liable for your losses or damages.
Appears in 1 contract
Samples: Consumer Savings Account Agreement
