Common use of Multiple Presentments Clause in Contracts

Multiple Presentments. Fees will be assessed with each item paid into overdraft or returned unpaid (nonsufficient funds). Multiple “presentments” are any time an item or transaction is presented for payment multiple times, which is beyond the control of the Credit Union. Each presentment will be charged a separate Non-Sufficient Funds/NSF fee or Courtesy Pay fee even though it may be for a repeat presentment. In other words a single check, debit or other withdrawal will be subject to multiple fees if presented multiple times.

Multiple Presentments. Fees will be assessed with each item paid into overdraft or returned unpaid (nonsufficient funds). Multiple “presentments” are any time an item or transaction is presented for payment multiple times, which is beyond the control of the Credit Union. Each presentment will be charged a separate Non-Sufficient Funds/NSF fee or Courtesy Privilege Pay fee even though it may be for a repeat presentment. In other words a single check, debit or other withdrawal will be subject to multiple fees if presented multiple times.

Multiple Presentments. Fees will be assessed with each item paid into overdraft or returned unpaid (nonsufficient funds). Multiple “presentments” are any time an item or transaction is presented for payment multiple times, which is beyond the control of the Credit Union. Each presentment will be charged a separate Non-Sufficient Funds/NSF fee or Courtesy Pay fee even though it may be for a repeat presentment. In other words words, a single check, debit or other withdrawal will be subject to multiple fees if presented multiple times.