Common use of Other Payment Services Clause in Contracts

Other Payment Services. The Sender may cancel the initiation of a Payment Instruction made via Other Payment Services or stop a Payment Instruction made via Other Payment Services at any time until the processing of the Payment Instruction into the Receiver’s Eligible Account has begun. Our ability to stop a Payment Instruction or recover funds associated with an unauthorized Payment Instruction will depend on the manner in which the Payment Instruction was initiated and whether the Payment Instruction to the Receiver’s Eligible Account has begun processing. Although we will make a reasonable effort to accommodate a stop payment request and to recover funds associated with an unauthorized Payment Instruction, we will have no liability for failing to do so, subject to the requirements of applicable law. We may require you to submit your stop payment request or request to recover funds in writing within fourteen (14) days after you ask us to stop payment, subject to the requirements of applicable law. If we charge you to stop the payment or recover funds, then the charge for each stop payment or fund recovery request will be the charge as then disclosed in our current pricing schedule.

Appears in 3 contracts

Samples: Agreement and Disclosure Statement, Agreement and Disclosure Statement, www.regions.com

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Other Payment Services. The Sender may cancel the initiation of a Payment Instruction made via Other Payment Services or stop a Payment Instruction made via Other Payment Services at any time until the processing of the Payment Instruction into the Receiver’s Eligible Account has begun. Our ability to stop a Payment Instruction or recover funds associated with an unauthorized Payment Instruction will depend on the manner in which the Payment Instruction was initiated and whether the Payment Instruction to the Receiver’s Eligible Account has begun processing. Although we will make a reasonable effort to accommodate a stop payment request and to recover funds associated with an unauthorized Payment Instruction, we will xxxx have no liability for failing to do so, subject to the requirements of applicable law. We may require you to submit your stop payment request or request to recover funds in writing within fourteen (14) days after you ask us to stop payment, subject to the requirements of applicable law. If we charge you to stop the payment or recover funds, then the charge for each stop payment or fund recovery request will be the charge as then disclosed in our current pricing schedule.

Appears in 1 contract

Samples: www.regions.com

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