Common use of No Duty to Monitor Payments; Bank Liability Clause in Contracts

No Duty to Monitor Payments; Bank Liability. The Bank is responsible only for its acts of gross negligence or willful misconduct in the processing and sending of payments upon your authorization (see also, Sections IV and XI, herein). In no event will the Bank be liable for monetary damages you incur because of:‌‌‌‌‌‌  Insufficient available or collected funds in your Payment Account to make the payment on the processing date.  Delays in mail delivery.  Changes to the payee's address or account number (unless the Bank has been advised sufficiently in advance of the change to timely process the payment).‌  The failure of any payee to correctly account for or credit payment(s) in a timely manner, or  Any other circumstance beyond the reasonable control of the Bank. If the Online Service session during which you schedule a Xxxx Payment or place an EFT ends by 12:00 PM ET, the Bank will be considered to have received it on that day. If not, it will be considered received on the following Business Day. For entries made using the Service, the time recorded by us shall be deemed the official time of the transaction. If your Payment Account does not have available funds sufficient to make a payment as of the date the payment is debited to your Account, we may block the Xxxx Payment Service until the Payment Account has sufficient funds. In such event, the Bank may attempt to notify you by e-mail or U.S. Postal Mail, but it will have no liability to you if it cannot complete a payment because there are insufficient funds in your Payment Account to process it. You are solely responsible to contact the Bank at (914) 902-APPLe (2775) to make alternate arrangements or to reschedule any payment not processed. In the case of fixed payments, only the payment currently scheduled will be impacted. Fixed payments scheduled for future dates will not be affected.

No Duty to Monitor Payments; Bank Liability. The Bank is responsible only for its acts of gross negligence or willful misconduct in the its processing and sending of payments upon your authorization (see also, Sections IV and XI, herein). In no event will the Bank be liable for monetary damages you incur because of:‌‌‌‌‌‌  of: • Insufficient available or collected funds in your Payment Account to make the payment on the processing date.  • Delays in mail delivery.  • Changes to the payee's address or account number (unless the Bank has been advised sufficiently in advance of the change to timely process the payment).‌  payment). • The failure of any payee to correctly account for or credit payment(s) in a timely manner, or  • Any other circumstance reasonably beyond the reasonable control of the Bank. If the Online Service session during which you schedule a Xxxx Payment or place an EFT ends by 12:00 PM ET, the Bank will be considered to have received it on that day. If not, it will be considered received on the following Business Day. For entries made using the Service, the time recorded by us shall be deemed the official time of the transaction. If your Payment Account does not have available funds sufficient to make a payment as of the date the payment is debited to your Account, we may block the Xxxx Payment Service until the Payment Account has sufficient funds. In such event, the Bank may attempt to notify you by e-mail or U.S. Postal Mail, but it will have no liability to you if it cannot complete a payment because there are insufficient funds in your Payment Account to process it. You are solely responsible to contact the Bank at (914) 902-APPLe (2775) to make alternate arrangements or to reschedule any payment not processed. In the case of fixed payments, only the payment currently scheduled will be impacted. Fixed payments scheduled for future dates will not be affected.

No Duty to Monitor Payments; Bank Liability. The Bank is responsible only for its acts of gross negligence or willful misconduct in the processing and sending of payments upon your authorization (see also, Sections IV and XI, herein). In no event will the Bank be liable for monetary damages you incur because of:‌‌‌‌‌‌ of:‌  Insufficient available or collected funds in your Payment Account to make the payment on the processing date.  Delays in mail delivery.  Changes to the payee's address or account number (unless the Bank has been advised sufficiently in advance of the change to timely process the payment).‌ payment).  The failure of any payee to correctly account for or credit payment(s) in a timely manner, or  Any other circumstance beyond the reasonable control of the Bank. If the Online Service session during which you schedule a Xxxx Payment or place an EFT ends by 12:00 PM ET, the Bank will be considered to have received it on that day. If not, it will be considered received on the following Business Day. For entries made using the Service, the time recorded by us shall be deemed the official time of the transaction. If your Payment Account does not have available funds sufficient to make a payment as of the date the payment is debited to your Account, we may block the Xxxx Payment Service until the Payment Account has sufficient funds. In such event, the Bank may attempt to notify you by e-mail or U.S. Postal Mail, but it will have no liability to you if it cannot complete a payment because there are insufficient funds in your Payment Account to process it. You are solely responsible to contact the Bank at (914) 902-APPLe (2775) to make alternate arrangements or to reschedule any payment not processed. In the case of fixed payments, only the payment currently scheduled will be impacted. Fixed payments scheduled for future dates will not be affected.

No Duty to Monitor Payments; Bank Liability. The Bank is responsible only for its acts of gross negligence or willful misconduct in the processing and sending of payments upon your authorization (see also, Sections IV and XI, herein). In no event will the Bank be liable for monetary damages you incur because of:‌‌‌‌‌‌  of: • Insufficient available or collected funds in your Payment Account to make the payment on the processing date.  • Delays in mail delivery.  • Changes to the payee's address or account number (unless the Bank has been advised sufficiently in advance of the change to timely process the payment).‌  payment). • The failure of any payee to correctly account for or credit payment(s) in a timely manner, or  • Any other circumstance beyond the reasonable control of the Bank. If the Online Service session during which you schedule a Xxxx Bill Payment or place an EFT ends by 12:00 PM ET, the Bank will be considered to have received it on that day. If not, it will be considered received on the following Business Day. For entries made using the Service, the time recorded by us shall be deemed the official time of the transaction. If your Payment Account does not have available funds sufficient to make a payment as of the date the payment is debited to your Account, we may block the Xxxx Bill Payment Service until the Payment Account has sufficient funds. In such event, the Bank may attempt to notify you by e-mail or U.S. Postal Mail, but it will have no liability to you if it cannot complete a payment because there are insufficient funds in your Payment Account to process it. You are solely responsible to contact the Bank at (914) 902-APPLe (2775) to make alternate arrangements or to reschedule any payment not processed. In the case of fixed payments, only the payment currently scheduled will be impacted. Fixed payments scheduled for future dates will not be affected.

No Duty to Monitor Payments; Bank Liability. The Bank is responsible only for its acts of gross negligence or willful misconduct in the processing and sending of payments upon your authorization (see also, Sections IV and XI, herein). In no event will the Bank be liable for monetary damages you incur because of:‌‌‌‌‌‌  of: • Insufficient available or collected funds in your Payment Account to make the payment on the processing date.  • Delays in mail delivery.  • Changes to the payee's address or account number (unless the Bank has been advised sufficiently in advance of the change to timely process the payment).‌  payment). • The failure of any payee to correctly account for or credit payment(s) in a timely manner, or  • Any other circumstance beyond the reasonable control of the Bank. If the Online Service session during which you schedule a Xxxx Payment or place an EFT ends by 12:00 PM ET, the Bank will be considered to have received it on that day. If not, it will be considered received on the following Business Day. For entries made using the Service, the time recorded by us shall be deemed the official time of the transaction. If your Payment Account does not have available funds sufficient to make a payment as of the date the payment is debited to your Account, we may block the Xxxx Payment Service until the Payment Account has sufficient funds. In such event, the Bank may attempt to notify you by e-mail or U.S. Postal Mail, but it will have no liability to you if it cannot complete a payment because there are insufficient funds in your Payment Account to process it. You are solely responsible to contact the Bank at (914) 902-APPLe (2775) to make alternate arrangements or to reschedule any payment not processed. In the case of fixed payments, only the payment currently scheduled will be impacted. Fixed payments scheduled for future dates will not be affected.

No Duty to Monitor Payments; Bank Liability. The Bank is responsible only for its acts of gross negligence or willful misconduct in the processing and sending of payments upon your authorization (see also, Sections IV and XI, herein). In no event will the Bank be liable for monetary damages you incur because of:‌‌‌‌‌‌  of: · Insufficient available or collected funds in your Payment Account to make the payment on the processing date.  • Delays in mail delivery.  · Changes to the payee's address or account number (unless the Bank has been advised sufficiently in advance of the change to timely process the payment).‌  payment). · The failure of any payee to correctly account for or credit payment(s) in a timely manner, or  · Any other circumstance beyond the reasonable control of the Bank. If the Online Service session during which you schedule a Xxxx Payment or place an EFT ends by 12:00 PM ET, the Bank will be considered to have received it on that day. If not, it will be considered received on the following Business Day. For entries made using the Service, the time recorded by us shall be deemed the official time of the transaction. If your Payment Account does not have available funds sufficient to make a payment as of the date the payment is debited to your Account, we may block the Xxxx Payment Service until the Payment Account has sufficient funds. In such event, the Bank may attempt to notify you by e-mail or U.S. Postal Mail, but it will have no liability to you if it cannot complete a payment because there are insufficient funds in your Payment Account to process it. You are solely responsible to contact the Bank at (914) 902-APPLe (2775) to make alternate arrangements or to reschedule any payment not processed. In the case of fixed payments, only the payment currently scheduled will be impacted. Fixed payments scheduled for future dates will not be affected.