Number and Authorized Payees. There is no limit on the number of payments or payees you may authorize. You may not make payments to federal, state or local governments or other categories of payees we designate from time to time. When you submit a Xxxx Pay transaction, you authorize us to transfer funds from your checking account. We will process Xxxx Pay transactions only to those payees the Credit Union has designated, payees you authorize and payees for whom the Credit Union has the proper payee member number. The Credit Union will not process any Xxxx Pay transfer if we know the required transaction information is incomplete. In any event, the Credit Union will not be liable for any transaction that contains incorrect information that the Credit Union was not responsible for entering or knowing. If there are insufficient funds in your account to process the Xxxx Pay transaction, we may refuse to process the transaction or we may process the transaction and transfer funds from any overdraft protection account you have authorized. The Credit Union reserves the right to refuse to process transactions that reasonably appear to the Credit Union to be fraudulent or erroneous.
Number and Authorized Payees. There is no limit on the number of payments or payees you may authorize. You may not make payments to federal, state or local governments or other categories of payees we designate from time to time. When you submit a Bill Pay transaction, you authorize us to transfer funds from your checking account.. The Credit Union will not be liable for any transaction that contains incorrect information that the Credit Union was not responsible for entering or knowing. If there are insufficient funds in your account to process the Bill Pay transaction, we may refuse to process the transaction or we may process the transaction and transfer funds from any overdraft protection account you have authorized. The Credit Union reserves the right to refuse to process transactions that reasonably appear to the Credit Union to be fraudulent or erroneous.
Number and Authorized Payees. When you transmit a xxxx payment instruction to us, you authorize us to transfer funds to make the xxxx payment transaction from the checking Account you designate. We will process xxxx payment transfer requests only to Permitted Payees as you authorize and for whom the Credit Union has the proper payee code number. The Credit Union will not process any xxxx payment if we know the required transaction information is incomplete. In any event, the Credit Union will not be liable for any transaction that contains incorrect information that the Credit Union was not responsible for entering or knowing. If there are insufficient funds in your Account to make the xxxx payment request, we may either refuse to make the payment or make the payment and transfer funds from any overdraft protection account you have established. The Credit Union reserves the right to refuse to process payment instructions that reasonably appear to the Credit Union to be fraudulent or erroneous. Processing Payments The amount of your requested xxxx payment will be deducted from your designated checking Account on the scheduled Process Date at 12:00 p.m. (Noon) Pacific Standard Time. A single payment will be processed by us on that date or the next business day should the Process Date fall on a weekend or holiday. If a recurring payment falls on a weekend or holiday, it will be processed based on the following options you elect: (i) “Pay Before” the Process Date will be on the first business date prior to the scheduled process date, or (ii) “Pay After” the Process Date will be on the first business date after the scheduled Process Date. Therefore, you must have sufficient funds available to cover your payment on the applicable Process Date. Neither a single payment nor the total of all daily payments may exceed $99,999.99 or your available balance, whichever is less. There is a dollar limit of $2,500.00 for Pay a Person via e—mail through the Service. Xxxx payments are delivered to the payee either electronically, which may take up to one to two (1—2) business days from the scheduled Process Date, or by check to those payees not set up to accept electronic payments, which may take up to five to seven (5—7) business days from the scheduled Process Date. It is your responsibility to schedule your xxxx payments so that your obligations will be paid on time. You should enter and transmit your xxxx payment instructions at least ten (10) business days before a xxxx is due. If you do not allow s...
