Common use of No Duty to Monitor Payments Clause in Contracts

No Duty to Monitor Payments. The Bank is only responsible for exercising ordinary care in processing and sending payments upon your authorization in accordance with this Agreement. The Bank will not be liable in any way for damages you incur for any of the following reasons:

No Duty to Monitor Payments. The Bank is only responsible for exercising ordinary care in processing and sending payments upon your authorization in accordance with this Agreement. The Bank We will not be liable in any way for damages you incur for any of the following reasons: 1. Insufficient funds in your bill payment account to make the payment on the processing date; 2. Delays in mail delivery; 3. Changes to the payee's address or account number unless we've been advised of the change in advance 4. The failure of any payee to correctly account for or credit the payment in a timely manner, or 5. Any other circumstances beyond our control.