Common use of No Duty to Monitor Payments Clause in Contracts

No Duty to Monitor Payments. The Credit Union is only responsible for exercising ordinary care in processing and sending payments upon your authorization in accordance with this Agreement. The Credit Union will not be liable in any way for damages you incur for any of the following reasons: • insufficient funds in your Xxxx Payment Account to cover the payment on the processing date;‌ • delays in mail delivery; • changes to the payee's address or account number unless we've been advised of the change in advance; • the failure of any payee to correctly account for or credit the payment in a timely manner;‌ • user errors in entering the payee address, account number or payment amount; or • any other circumstances beyond the control of the Credit Union. If the session during which you schedule a payment or transfer ends by 3:00 p.m. Central time, the Credit Union will be considered to have received it on that day. Otherwise, it will be considered received on the following Business Day. For all entries made using the Services, the time recorded by the Electronic Banking Service will be considered the official time of the transaction. If your Xxxx Payment Account does not have sufficient funds to make a payment as of the date the payment is debited to your Xxxx Payment Account, the Xxxx Payment Service will automatically block future Xxxx Payment Service until the Xxxx Payment Account has sufficient funds to make the payment. The Credit Union will attempt to notify you by e-mail or U.S. Postal Mail, but the Credit Union shall have no obligation or liability if it does not complete a payment because there are insufficient funds in your Xxxx Payment Account to process a payment. In all cases, you are responsible for either contacting the Credit Union at 866-226-5225 to make alternate arrangements for the payment or reschedule the payment through the Xxxx Payment Service. 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. The Credit Union Bank is only responsible for exercising ordinary care in processing and sending payments upon your authorization in accordance with this Agreementherewith. If your Bill Pay Account does not have sufficient funds to make a payment as of the date the payment is debited to your account, the Bill Pay Service will automatically block future Bill Pay Service payments until the account has sufficient funds to make the payment. Bank will attempt to notify you by email or U.S. Postal Mail, but Bank shall have no obligation or liability if it does not complete a payment because there are insufficient funds in your account to process a payment. In the case of fixed payments, the payment currently scheduled will be impacted. All other scheduled or fixed payments will be cancelled until the Bill Pay Service is unblocked and in an active status. • Liability The Credit Union Bank will not be liable in any way for damages you incur for any of the following reasons: • insufficient funds in your Xxxx Bill Payment Account to cover make the payment on the processing date;‌ date; • delays in mail delivery; • changes to the payee's address or account number unless we've the Bank has been advised of the change in advance; • the failure of any payee to correctly account for or credit the payment in a timely manner;‌ • user errors in entering the payee addressmanner, account number or payment amount; or • any other circumstances beyond the reasonable control of the Credit UnionBank. If By using the session during which Bill Pay Service, you schedule a authorize Bank and its third-party service provider to follow the payment instructions that you provide to Bank via the Bill Pay Service and to make payment to the Payees that you designate. When any payment or transfer ends by 3:00 p.m. Central timeother online Service generates items to be charged to your account, you agree that we may debit your Bill Payment account without requiring your signature on the Credit Union item, and without prior notice to you. • Cut-Off Times Payments entered on the Bill Pay System before the Bank-established processing cut-off time each day will be considered to have received it scheduled and begin processing on that the same day. Otherwise, it Bill Payments entered after the Bank-established processing cut-off time will be considered received on scheduled and processed the following Business Daynext day. For all entries made using the ServicesExpedited payment options may be available in certain payment situations. To utilize this service, the time recorded by the Electronic Banking Service additional fees may apply, which will be considered disclosed within the official time of Bill Pay Service prior to completing the transaction. • Cancelling or Changing Payments Payments must be changed or canceled prior to the Bill Pay service putting the payment into a “processing” status. If your Xxxx Payment Account does not have sufficient funds you ask us to make cancel a payment as after it is issued and we agree to do so, we may charge you a stop payment fee. Stop payment orders whether oral, written, or electronic, will be in effect for a period of six months. If requested by the date the Bank, you will confirm any stop payment is debited order in writing. After six months, any stop payment will terminate and must be renewed in order to your Xxxx Payment Account, the Xxxx Payment Service will automatically block future Xxxx Payment Service until the Xxxx Payment Account has sufficient funds to make the paymentcontinue in effect. The Credit Union will attempt to notify you by e-mail or U.S. Postal Mail, but Bank may pay any item that is presented following the Credit Union shall have no obligation or liability if it does not complete a lapse of any stop payment because there are insufficient funds in your Xxxx Payment Account to process a paymentorder. In all cases, you are responsible for either contacting the Credit Union at 866-226-5225 to make alternate arrangements for the Typically stop payments on ACH bill payment or reschedule the payment through the Xxxx Payment Service. In the case of fixed payments, only the payment currently scheduled will be impacted. Fixed payments scheduled for future dates items will not be affectedallowed as Bank does prepay ACH payments to ensure a timely delivery. Attempts to stop in- process or processed ACH Bill Payment items should be handled directly with the Payee. • E-Bills E-Bills is a feature of the Bill Pay Service that enables you to receive bills electronically from participating Payees. You understand and acknowledge that Payees establish their own criteria for reviewing a request to receive e-bills and have sole discretion to accept or decline your request. Bank takes no responsibility if a Payee does not provide the necessary data to forward an e-bill in a timely manner. If you do not receive a bill, it is your responsibility to contact the Payee directly. Bank is not responsible for any late charges or other adverse consequences if a bill is not received timely. Any questions regarding bill details should be directed to the Payee.

No Duty to Monitor Payments. The Credit Union is only responsible for exercising ordinary care in processing and sending payments upon your authorization in accordance with this Agreement. The Credit Union will not be liable in any way for damages you incur for any of the following reasons: • insufficient funds in your Xxxx Bill Payment Account to cover the payment on the processing date;‌ date; • delays in mail delivery; • changes to the payee's address or account number unless we've been advised of the change in advance; advance;‌ • the failure of any payee to correctly account for or credit the payment in a timely manner;‌ manner; • user errors in entering the payee address, account number or payment amount; or • any other circumstances beyond the control of the Credit Union. If the session during which you schedule a payment or transfer ends by 3:00 p.m. Central time, the Credit Union will be considered to have received it on that day. Otherwise, it will be considered received on the following Business Day. For all entries made using the Services, the time recorded by the Electronic Banking Service will be considered the official time of the transaction. If your Xxxx Bill Payment Account does not have sufficient funds to make a payment as of the date the payment is debited to your Xxxx Bill Payment Account, the Xxxx Bill Payment Service will automatically block future Xxxx Bill Payment Service until the Xxxx Bill Payment Account has sufficient funds to make the payment. The Credit Union will attempt to notify you by e-mail or U.S. Postal Mail, but the Credit Union shall have no obligation or liability if it does not complete a payment because there are insufficient funds in your Xxxx Bill Payment Account to process a payment. In all cases, you are responsible for either contacting the Credit Union at 866-226-5225 to make alternate arrangements for the payment or reschedule the payment through the Xxxx Bill Payment Service. 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. The Credit Union Bank is only responsible for exercising ordinary care in processing and sending payments upon your authorization in accordance with this Agreement. The Credit Union Bank will not be liable in any way for damages you incur for any of the following reasons: • insufficient Insufficient funds in your Xxxx Bill Payment Account to cover make the payment on the processing date;‌ date; • delays Delays in mail delivery; • changes Changes to the payee's address or account number unless we've been advised of the change in advance; • the failure of any payee to correctly account for or credit the payment in a timely manner;‌ • user errors in entering the payee address, account number or payment amount; or • any Any other circumstances beyond the control of the Credit UnionBank. If the session during which you schedule a payment or transfer ends by 3:00 p.m. Central timep.m., the Credit Union Bank will be considered to have received it on that day. Otherwise, it will be considered received on the following Business Daybusiness day. For all entries made using the Services, the time recorded by the Electronic Online Banking Service will be considered the official time of the transaction. If your Xxxx Bill Payment Account does not have sufficient funds to make a payment as of the date the payment is debited to your Xxxx Payment Accountaccount, the Xxxx Bill Payment Service will automatically block future Xxxx Bill Payment Service until the Xxxx Payment Account account has sufficient funds to make the payment. The Credit Union Bank will attempt to notify you by e-mail or U.S. Postal Mail, but the Credit Union Bank shall have no obligation or liability if it does not complete a payment because there are insufficient funds in your Xxxx Payment Account account to process a payment. In all cases, you are responsible for either contacting the Credit Union Service at 866000-226000-5225 0000 to either make alternate arrangements for the payment or reschedule the payment through the Xxxx Payment Service. In the case of fixed payments, only the payment currently scheduled will be impacted. Fixed payments scheduled for future dates will not be affected. Additional account NSF charges will apply. Cancel or Change Payment Instructions. Payments must be changed or canceled on the business day before the transaction is scheduled to be initiated. If you ask us to cancel a payment after it is issued and we agree to do so, there will be no charge. Stop payment orders whether oral, written, or electronic, will be in effect for a period of six (6) months. If requested by the Bank, you will confirm any stop payment order in writing. After six (6) months, any stop payment will terminate and must be renewed in order to continue to be in effect. The Bank may pay any item that is presented following the lapse of any stop payment order. No Signature Required. When any payment or other online service generates items to be charged to your account, you agree that we may debit your Bill Payment account without requiring your signature on the item, and without prior notice to you. Important payments: We advise that you do not use these Services for payment that, if not delivered on time, may cause substantial penalties or legal liability to you. Examples of these payments include: • Tax payments • Court-ordered payments • Payments to settle securities transactions The bank is not liable for any penalties or civil or criminal liability you incur if you make these payments through Bank Services. Check Copies. Copies are available from iPay Solutions for any checks they issue on your behalf. Copies of those checks will be provided at no cost.

No Duty to Monitor Payments. The Credit Union Xxxxxx is only responsible for exercising ordinary care in processing and sending payments upon your authorization in accordance with this Agreement. The Credit Union Abacus will not be liable in any way for damages you incur for any of the following reasons: • insufficient funds in your Xxxx Bill Payment Account to cover make the payment on the processing date;‌ date; • delays in mail delivery; • changes to the payee's address or account number unless we've been advised of the change in advance; advance • failing to comply with any account requirements for more than one account signatory on transactions • the failure of any payee to correctly account for or credit the payment in a timely manner;‌ • user errors in entering the payee addressmanner, account number or payment amount; or • any other circumstances beyond the control of the Credit UnionBank. If the session during which you schedule a payment or transfer ends by 3:00 p.m. Central time2:00 p.m., the Credit Union Bank will be considered to have received it on that day. Otherwise, it will be considered received on the following Business Daybusiness day. For all entries made using the ServicesBill Payment Service, the time recorded by the Electronic Banking Bill Payment Service will be considered the official time of the transaction. If your Xxxx Bill Payment Account does not have sufficient funds to make a payment as of the date the payment is debited to your Xxxx Payment Accountaccount, the Xxxx Bill Payment Service will automatically block future Xxxx Bill Payment Service until the Xxxx Payment Account account has sufficient funds to make the payment. The Credit Union Bank will attempt to notify you by e-mail or U.S. Postal Mail, but the Credit Union Bank shall have no obligation or liability if it does not complete a payment because there are insufficient funds in your Xxxx Payment Account account to process a payment. In all cases, you are responsible for either contacting the Credit Union at 866-226-5225 to make alternate arrangements for the payment or reschedule the payment through the Xxxx Bill Payment Service. 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. The Credit Union Bank is only responsible for exercising ordinary care in processing and sending payments upon your authorization in accordance with this Agreement. The Credit Union will not be liable in any way for damages you incur for any of the following reasons: • insufficient funds in your Xxxx Payment Account to cover the payment on the processing date;‌ • delays in mail delivery; • changes to the payee's address or account number unless we've been advised of the change in advance; • the failure of any payee to correctly account for or credit the payment in a timely manner;‌ • user errors in entering the payee address, account number or payment amount; or • any other circumstances beyond the control of the Credit Union. If the session during which you schedule a payment or transfer ends by 3:00 p.m. Central time, the Credit Union will be considered to have received it on that day. Otherwise, it will be considered received on the following Business Day. For all entries made using the Services, the time recorded by the Electronic Banking Service will be considered the official time of the transactionherewith. If your Xxxx Payment Bill Pay Account does not have sufficient funds to make a payment as of the date the payment is debited to your Xxxx Payment Accountaccount, the Xxxx Payment Bill Pay Service will automatically block future Xxxx Payment Bill Pay Service payments until the Xxxx Payment Account account has sufficient funds to make the payment. The Credit Union Bank will attempt to notify you by e-mail email or U.S. Postal Mail, but the Credit Union Bank shall have no obligation or liability if it does not complete a payment because there are insufficient funds in your Xxxx Payment Account account to process a payment. In all cases, you are responsible for either contacting the Credit Union at 866-226-5225 to make alternate arrangements for the payment or reschedule the payment through the Xxxx Payment Service. In the case of fixed payments, only the payment currently scheduled will be impacted. Fixed All other scheduled or fixed payments scheduled for future dates will be cancelled until the Bill Pay Service is unblocked and in an active status.  Liability The Bank will not be affectedliable in any way for damages you incur for any of the following reasons: o insufficient funds in your Bill Payment Account to make the payment on the processing date; o delays in mail delivery; o changes to the payee's address or account number unless the Bank has been advised of the change in advance; o the failure of any payee to correctly account for or credit the payment in a timely manner, or o any other circumstances beyond the reasonable control of the Bank. By using the Bill Pay Service, you authorize Bank and its third-party service provider to follow the payment instructions that you provide to Bank via the Bill Pay Service and to make payment to the Payees that you designate. When any payment or other online Service generates items to be charged to your account, you agree that we may debit your Bill Payment account without requiring your signature on the item, and without prior notice to you. If Bank does not complete a Bill Payment on time or in the correct amount (provided you have given Bank the correct necessary information, selected a timely Payment Date, scheduled or transmitted payment instructions at least five Business Days before the Payment Date, and had sufficient available funds in your Bill Payment Account), Bank will pay any late fee as long as your Bill Pay Account is in good standing with the merchant or other Payee. Bank will not be liable for any loss, injury or damage, whether direct, indirect, special, consequential, exemplary, economic, or otherwise, caused by the Bill Pay Service or the use of the Bill Pay Service except as otherwise expressly provided for in this Agreement or by Applicable Law. Without limiting the foregoing, Bank shall not be liable if you have not provided Bank with complete and correct payment information, including, without limitation, the name, address, account number and payment amount for the Payee on any Bill Payment instruction. Bank is not responsible for what happens to a payment once it is received by the Payee, including any applicable finance charges and late fees, the failure of any payee to correctly account for or credit the payment in a timely manner, or any other action taken by a Payee resulting from a Bill Payment that arrives late because payment instructions were not scheduled or transmitted timely, the Payment Date selected by you was not timely, or if you give any incorrect or incomplete Bill Payment Instruction(s) or addresses.  Cut-Off Times Payments entered on the Bill Pay System before the Bank-established processing cut-off time each day will be scheduled and begin processing on the same day. Bill Payments entered after the Bank-established processing cut-off time will be scheduled and processed the next day. Expedited payment options may be available in certain payment situations. To utilize this service, additional fees may apply, which will be disclosed within the Bill Pay Service prior to completing the transaction.  Cancelling or Changing Payments Payments must be changed or canceled using Bill Pay prior to 6:00 p.m. on the Business Day the transaction is scheduled to be initiated. If you ask us to cancel a payment after it is issued and we agree to do so, we may charge you a stop payment fee. Stop payment orders whether oral, written, or electronic, will be in effect for a period of six months. If requested by the Bank, you will confirm any stop payment order in writing. After six months, any stop payment will terminate and must be renewed in order to continue in effect. The Bank may pay any item that is presented following the lapse of any stop payment order. Typically stop payments on ACH bill payment items will not be allowed as Bank does prepay ACH payments to ensure a timely delivery. Attempts to stop in- process or processed ACH Bill Payment items should be handled directly with the Payee.  E-Bills E-Bills is a feature of the Bill Pay Service that enables you to receive bills electronically from participating Payees. You understand and acknowledge that Payees establish their own criteria for reviewing a request to receive e-bills and have sole discretion to accept or decline your request. Bank takes no responsibility if a Payee does not provide the necessary data to forward an e-bill in a timely manner. If you do not receive a bill, it is your responsibility to contact the Payee directly. Bank is not responsible for any late charges or other adverse consequences if a bill is not received timely. Any questions regarding bill details should be directed to the Payee.

No Duty to Monitor Payments. The Credit Union is only responsible for exercising ordinary care in processing and sending payments upon your authorization in accordance with this Agreement. The Credit Union will not be liable in any way for damages you incur for any of the following reasons: • insufficient Insufficient available funds in your Xxxx Bill Payment Account to cover make the payment on the processing date;‌ date; • delays Delays in mail delivery; • changes Changes to the payee's address or account number unless we've been advised of the change in advanceadvance and we have a reasonable opportunity to effect these changes; • the The failure of any payee to correctly account for or credit the payment in a timely manner;‌ • user errors in entering the payee address, account number or payment amountmanner; or • any Any other circumstances beyond the control of the Credit Unioncredit union. If the session during which you schedule a payment or transfer ends by 3:00 p.m. Central 2:00 p.m., Arizona time, the Credit Union will be considered to have received it on that day. Otherwise, it will be considered received on the following Business Daybusiness day. For all entries made using the Services, the time recorded by the Electronic Online Banking Service will be considered the official time of the transaction. If your Xxxx Bill Payment Account does not have sufficient available funds to make a payment as of on the date the payment is debited from your account, the Bill Payment Service may be suspended until the account is brought current. The payment may draw your account negative and the appropriate non-sufficient funds fee will be assessed. The non-sufficient funds fees will be charged to your Xxxx Payment Bill Pay Account, the Xxxx Payment Service will automatically block future Xxxx Payment Service until the Xxxx Payment Account has sufficient funds to make the payment. The Credit Union will attempt to notify you by e-mail Notification or U.S. Postal Mail, but the Credit Union shall have no obligation or liability if it does not complete a payment because there are insufficient available funds in your Xxxx Payment Account account to process a payment. In all cases, you are responsible for either contacting using the Bill Payment Platform to cancel or change scheduled payments. Payments must be canceled or changed using the Bill Payment Platform prior to processing. If you ask us to cancel a payment after it is issued and we agree to do so, we may charge you a stop payment fee. Stop payment orders whether oral, written, or electronic, will be in effect for a period of six (6) months. If requested by the credit union, you will confirm any stop payment order in writing. After six (6) months, any stop payment will terminate and must be renewed in order to continue in effect. The Credit Union at 866-226-5225 to make alternate arrangements for may pay any item that is presented following the lapse of any stop payment order. When any payment or reschedule other online Service generates items to be charged to your account, you agree that we may debit your Bill Payment Account without requiring your signature on the payment through the Xxxx Payment Service. In the case of fixed payments, only the payment currently scheduled will be impacted. Fixed payments scheduled for future dates will not be affecteditem and without prior notice to you.

No Duty to Monitor Payments. The Credit Union Abacus is only responsible for exercising ordinary care in processing and sending payments upon your authorization in accordance with this Agreement. The Credit Union Abacus will not be liable in any way for damages you incur for any of the following reasons: • insufficient funds in your Xxxx Payment Account to cover make the payment on the processing date;‌ date; • delays in mail delivery; • changes to the payee's address or account number unless we've been advised of the change in advance; advance • failing to comply with any account requirements for more than one account signatory on transactions • the failure of any payee to correctly account for or credit the payment in a timely manner;‌ • user errors in entering the payee addressmanner, account number or payment amount; or • any other circumstances beyond the control of the Credit UnionBank. If the session during which you schedule a payment or transfer ends by 3:00 p.m. Central time2:00 p.m., the Credit Union Bank will be considered to have received it on that day. Otherwise, it will be considered received on the following Business Daybusiness day. For all entries made using the ServicesXxxx Payment Service, the time recorded by the Electronic Banking Xxxx Payment Service will be considered the official time of the transaction. If your Xxxx Payment Account does not have sufficient funds to make a payment as of the date the payment is debited to your Xxxx Payment Accountaccount, the Xxxx Payment Service will automatically block future Xxxx Payment Service until the Xxxx Payment Account account has sufficient funds to make the payment. The Credit Union Bank will attempt to notify you by e-mail or U.S. Postal Mail, but the Credit Union Bank shall have no obligation or liability if it does not complete a payment because there are insufficient funds in your Xxxx Payment Account account to process a payment. In all cases, you are responsible for either contacting the Credit Union at 866-226-5225 to make alternate arrangements for the payment or reschedule the payment through the Xxxx Payment Service. 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. The Credit Union is only responsible for exercising ordinary care in processing and sending payments upon your authorization in accordance with this Agreement. The Credit Union will not be liable in any way for damages you incur for any of the following reasons: • insufficient funds in your Xxxx Bill Payment Account to cover make the payment on the processing date;‌ date; • failure by you to submit your correct account number information to the payee for proper and timely credit to your account; • delays in mail delivery; • changes to the payee's address or account number unless we've been advised of the change in advance; advance • the failure of any payee to correctly account for or credit the payment in a timely manner;‌ • user errors in entering the payee addressmanner, account number or payment amount; or • any other circumstances beyond the control of the Credit Union. Union If the session during which you schedule a payment or transfer ends by 3:00 p.m. Central time2:00 p.m., the Credit Union will be considered to have received it on that day. Otherwise, it will be considered received on the following Business Daybusiness day. For all entries made using the Services, the time recorded by the Electronic Online Banking Service will be considered the official time of the transaction. If your Xxxx Bill Payment Account does not have sufficient funds to make a payment as of the date the payment is debited to your Xxxx Payment Accountaccount, the Xxxx Bill Payment Service will automatically block future Xxxx Bill Payment Service until the Xxxx Payment Account account has sufficient funds to make the payment. The Credit Union will attempt to notify you by e-mail or U.S. Postal Mail, but the Credit Union shall have no obligation or liability if it does not complete a payment because there are insufficient funds in your Xxxx Payment Account account to process a payment. In all cases, you are responsible for either contacting the Credit Union Service at 866(000)-000-226-5225 0000 to either make alternate arrangements for the payment or reschedule the payment through the Xxxx Payment Service. In the case of fixed payments, only the payment currently scheduled will be impacted. Fixed payments scheduled for future dates will not be affected.