PAYING BY CHECK. If you pay by check, you authorize us to use information on your check to make a one- time electronic debit from your account at the financial institution indicated on your check. This electronic debit will be for the amount of your check; no additional amount will be added to the electronic debit. We will process your payment using the Automated Clearing House (ACH) system. When we use information from your check to make an electronic fund transfer, funds may be withdrawn from your account as soon as the same day we receive your payment. Electronically processed checks (and checks presented electronically) are not returned to you by your bank, but a copy can be retrieved by contacting your bank. We will retain an image of your electronically processed check as required by law. Please contact the Customer Service Department at the telephone number on your Billing Statement if you have questions about electronic check conversion or if you prefer not to have your check information used in this way. Stopping Convenience Check Payments: You agree to notify us in writing sufficiently in advance to request that we stop payment on a Convenience Check. We may, but are not required to, accept an oral stop payment request. Although we may attempt to stop payment, we are under no liability for failure to stop payment.
Appears in 3 contracts
Samples: Cardholder Agreement, Cardholder Agreement, Retail Instalment Credit Agreement
PAYING BY CHECK. If you pay by check, you authorize us to use information on your check to make a one- time onetime electronic debit from your account at the financial institution indicated on your check. This electronic debit will be for the amount of your check; no additional amount will be added to the electronic debit. We will process your payment using the Automated Clearing House (ACH) system. When we use information from your check to make an electronic fund transfer, funds may be withdrawn from your account as soon as the same day we receive your payment. Electronically processed checks (and checks presented electronically) are not returned to you by your bank, but a copy can be retrieved by contacting your bank. We will retain an image of your electronically processed check as required by law. Please contact the Customer Service Department at the telephone number on your Billing Statement if you have questions about electronic check conversion or if you prefer not to have your check information used in this way. Stopping Convenience Check Payments: You agree to notify us in writing sufficiently in advance to request that we stop payment on a Convenience Check. We may, but are not required to, accept an oral stop payment request. Although we may attempt to stop payment, we are under no liability for failure to stop payment.
Appears in 2 contracts
Samples: Cardholder Agreement, Cardholder Agreement
PAYING BY CHECK. If you pay by check, you authorize us to use information on your check to make a one- one-time electronic debit from your account at the financial institution indicated on your check. This electronic debit will be for the amount of your check; no additional amount will be added to the electronic debit. We will process your payment using the Automated Clearing House (ACH) system. When we use information from your check to make an electronic fund transfer, funds may be withdrawn from your account as soon as the same day we receive your payment. Electronically processed checks (and checks presented electronically) are not returned to you by your bank, but a copy can be retrieved by contacting your bank. We will retain an image of your electronically processed check as required by law. Please contact the Customer Service Department at the telephone number on your Billing Statement if you have questions about electronic check conversion or if you prefer not to have your check information used in this way. Stopping Convenience Check Payments: . You agree to notify us in writing sufficiently in advance to request that we stop payment on a Convenience Check. We may, but are not required to, accept an oral stop payment request. Although we may attempt to stop payment, we are under no liability for failure to stop payment.
Appears in 1 contract
Samples: Cardholder Agreement