Common use of Payees Clause in Contracts

Payees. For security purposes, you may not be allowed to create or edit new Payees using Mobile Banking. In such as case, you must add, modify or delete Payees using Online Banking. The changes you make will appear on Mobile Banking after we have had a reasonable amount of time to process them. You must provide sufficient information about each Payee, as we may request from time to time, to properly direct a payment to that Payee and permit the Payee to identify the correct account to credit with your Payment. This information may include, among other items, the name and address of the Payee and your Payee account number. You are responsible for ensuring that the Payee information you or we provide is current, accurate, and complete, and you assume responsibility for any transaction error that results from stale, inaccurate, or incomplete Payee information furnished or entered into the online service by you. Furthermore, we reserve the right to refuse the designation of a Payee for any reason.

Appears in 3 contracts

Samples: Avadian Credit Union Online Services Agreement, Avadian Credit Union Online Services Agreement, Avadian Credit Union Online Services Agreement

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Payees. For security purposes, you may are not be allowed to create or edit new Payees using Mobile Banking. In such as case, you You must add, modify or delete Payees using Online Banking. The changes you make will appear on Mobile Banking after we have had a reasonable amount of time to process them. You On Online Banking, you must provide sufficient information about each Payee, as we may request from time to time, to properly direct a payment to that Payee and permit the Payee to identify the correct account to credit with your Payment. This information may include, among other items, the name and address of the Payee and your Payee account number. You are responsible for ensuring that the Payee information you or we provide is current, accurate, and complete, and you assume responsibility for any transaction error that results from stale, inaccurate, or incomplete Payee information furnished or entered into the online service by you. Furthermore, we reserve the right to refuse the designation of a Payee for any reason.

Appears in 2 contracts

Samples: Avadian Credit Union Online Services Agreement, Avadian Credit Union Online Services Agreement

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