Liability for Failure to Stop Payment. If you order FSB to stop a preauthorized payment three business days or more before the transfer is scheduled and you have given FSB the information it requested, including the exact amount of the payment, and FSB fails to stop the payment, FSB will be liable for your damages directly caused by FSB’s failure to stop the payment.
Appears in 4 contracts
Samples: Depository Agreement, Depository Agreement, Depository Agreement
