Making Transfers. You may make one-time, scheduled, or recurring fund transfers between your Eligible Account and your External Account and select funds delivery timing options by following the instructional material and on-screen guides in the Service application. Available funds delivery timing options and applicable cutoff times are displayed in the Service application. Certain funds delivery timing options are subject to eligibility criteria established by us from time to time in our discretion. We may not disclose these criteria for security reasons. Your Eligible Account and/or your External Account may not always satisfy eligibility criteria for certain funds delivery timing options, and certain External Account Institutions may not be enabled to accommodate certain funds delivery timing options. Actual funds delivery speed for any funds delivery timing option offered through the Service (including, if available, next day and instant transfers) may vary based upon the fraud, risk, and other funds availability policies of each participating financial institution and upon network availability. Any instant transfer option offered through the Service may not, in fact, result in the instant delivery of funds, although funds may be debited from your Eligible Account or External Account as soon as you authorize the transaction. If you initiate a fund transfer after the applicable cutoff time on a Business Day or on a day that is not a Business Day, or if a fund transfer you have scheduled in advance falls on a day that is not a Business Day, the transaction will begin processing on the next Business Day and the funds delivery timing option you have selected will correspond to that next Business Day. When we receive a transfer instruction from you, you authorize us (i) debit your Eligible Account and remit funds on your behalf to the External Account designated by you and to debit your applicable Eligible Account as described in Section 1 (Service Fees and Additional Charges) of Part C below; or, as applicable to (ii) credit your Eligible Account and remit funds on your behalf from the External Account designated by you and to debit your applicable Eligible Account as described in Section 1 (Service Fees and Additional Charges) of Part C below. You also authorize us to reverse a transfer from the applicable Eligible Account or External Account if the debit is returned from the other Eligible or External Account in the transaction for any reason, including but not limited to ...
Making Transfers i. Transfers. When an Online Banking P2P Payment is made, the funds are immediately transferred from your account for Transfer and are credited to PayPal to provide funds to the recipient. You agree that such requests constitute your authorization to us and PayPal to make the Transfers. Once you have provided your authorization for the Transfer, you may not be able cancel the electronic Transfer.
Making Transfers. To make Payment Instructions in the App, you must:
Making Transfers. 6.1. To make Payment Instructions in the App, you must:
6.1.1. provide information about your Transfer including the full name of the Recipient, the Recipient’s account details and the amount to be transferred;
6.1.2. select how to pay, either from a Payment Method in your name or from your Wallet balance; and
6.1.3. provide us with any additional information we may request relating to the Payment Instruction.
6.2. When you click “Send” on the confirmation page you authorise us to debit your Payment Method and initiate the Transfer.
6.3. When you are using the Services under this Agreement, it is your responsibility to make sure all the details are accurate before submission. You will be given the opportunity to confirm Payment Instructions before submission and you must check these details carefully. If you enter the wrong details you will send the Transfer to the wrong person and lose the Send Amount, we may not be able to get it back.
6.4. Once you click “Send”, we receive your Payment Instruction and will execute the Transfer immediately. You will not be able to cancel it (or change the details of the Payment Instruction). We will treat a Payment Instruction as received at the time you confirm the Payment Instruction, whether or not that is during a Business Day.
6.5. While we are generally able to send Transfers immediately, when the Recipient’s Service Provider receives the Payout Amount depends on the currency and Destination Country of the Transfer. If your Transfer is in any currency other than £ or € and to an account outside the UK and EEA, it will reach the account of the Recipient as soon as we can get it there. Banking practices will vary depending on the country - for more information on when a payment will be credited to the Recipient’s account you will need to contact that Service Provider.
6.6. Transaction times may be longer in the event that the Recipient’s Service Provider needs to undertake enhanced anti-money laundering checks on the transfer. Delivery times quoted on our website (or elsewhere) are representative for the “normal”/average service and are not a guarantee of an individual Service or Transfer time.
6.7. We may send notifications in relation to a Transfer by email, SMS and/or notifications via the App. We will provide you with information after acceptance of a Payment Instruction enabling you to identify the Transfer, along with details of the amount of the Transfer in the currency used in the Transfer, any Service Fees w...
Making Transfers
