Common use of Payment Authorization and Payment Remittance Clause in Contracts

Payment Authorization and Payment Remittance. By providing us with names and account information of Billers to whom you wish to direct payments, you authorize us to follow the Payment Instructions that we receive from you. In order to process payments more efficiently and effectively, you agree that we may edit or alter payment data or data formats in accordance with Xxxxxx directives. When we receive a Payment Instruction, you authorize us to debit your primary deposit account and remit funds on your behalf to your Xxxxxx so that the funds arrive on or as soon as reasonably possible after the Pay Date designated by you. You also authorize us to credit your primary deposit account for payments returned to us by the United States Postal Service or Xxxxxx. We will use commercially reasonable efforts to make all your payments properly. If we do not complete a payment from your primary deposit account on time or in the correct amount according to this Agreement, we will not be liable for your losses, costs, or expenses, except for your direct losses or damages to the extent directly relating to our gross negligence or intentional misconduct. We will also not be liable for your losses or damages if we are unable to complete any payments initiated by you because of the existence of any one or more of the following circumstances: (i) if, through no fault of ours, your primary deposit account does not contain sufficient funds to complete the transaction; (ii) the Bill Payment Service is not working properly and you know or have been advised about the malfunction before you execute the transaction; (iii) you have not provided us with the correct account information, or correct Payment Instructions; or (iv) circumstances beyond our control (such as, but not limited to, fire, flood, pandemic or interference from an outside force) prevent the proper execution of the transaction and we have taken reasonable precautions to avoid those circumstances. There are other exceptions provided in this Agreement. Provided none of these exceptions are applicable, if we cause an incorrect amount of funds to be removed from your primary deposit account or cause funds from your primary deposit account to be directed to a Xxxxxx in a manner inconsistent with your Payment Instructions, or fail to initiate your payment in accordance with your Payment Instructions, we will only be responsible for returning those funds to your primary deposit account, or for directing to the proper Xxxxxx any previously misdirected transactions, and will have no further liability with respect to same, except as expressly provided for above.

Appears in 5 contracts

Samples: Cayisbank Deposit Account Agreement, Go2bank Deposit Account Agreement, Walmart Moneycard Deposit Account Agreement

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Payment Authorization and Payment Remittance. By providing us the Bill Payment Service with names and account information of Billers to whom you wish to direct payments, you authorize us the Bill Payment Service to follow the Payment Instructions that we receive from youit receives through our Online Banking Website or Software. In order to process payments more efficiently and effectively, you agree that we the Bill Payment Service may edit or alter payment data or data formats in accordance with Xxxxxx directives. When we receive the Bill Payment Service receives a Payment Instruction, you authorize us the Bill Payment Service to debit your primary deposit account Eligible Transaction Account and remit funds on your behalf to your Xxxxxx so that the funds arrive on or as soon close as reasonably possible after to the Pay Scheduled Payment Date designated by you. You also authorize us the Bill Payment Service to credit your primary deposit account Eligible Transaction Account for payments returned to us the Bill Payment Service by the United States Postal Service or Xxxxxx, or payments remitted to you on behalf of another authorized user of the Bill Payment Service. We The Bill Payment Service will use commercially reasonable efforts attempt to make all your payments properly. If we do not complete a payment from your primary deposit account on time or in However, the correct amount according to this Agreement, we will not be liable for your losses, costs, or expenses, except for your direct losses or damages to Bill Payment Service shall incur no liability if the extent directly relating to our gross negligence or intentional misconduct. We will also not be liable for your losses or damages if we are Bill Payment Service is unable to complete any payments initiated by you because of the existence of any one or more of the following circumstances: (i) ifo If, through no fault of oursthe Bill Payment Service, your primary deposit account Eligible Transaction Account does not contain sufficient funds to complete the transactiontransaction or the transaction would exceed the credit limit of your overdraft account; (ii) the Bill Payment Service o The payment processing center is not working properly and you know or have been advised by the Bill Payment Service about the malfunction before you execute the transaction; (iii) you o You have not provided us the Bill Payment Service with the correct account Eligible Transaction Account information, or the correct name, address, phone number, or account information for the Xxxxxx; and/or, o Circumstances beyond control of the Bill Payment Instructions; or (iv) circumstances beyond our control Service (such as, but not limited to, fire, flood, pandemic or interference from an outside force) prevent the proper execution of the transaction and we have the Bill Payment Service has taken reasonable precautions to avoid those circumstances. There are other exceptions provided in this Agreement. Provided none of these the foregoing exceptions are applicable, if we cause the Bill Payment Service causes an incorrect amount of funds to be removed from your primary deposit account Eligible Transaction Account or cause causes funds from your primary deposit account Eligible Transaction Account to be directed to a Xxxxxx in a manner inconsistent which does not comply with your Payment Instructions, or fail to initiate your payment in accordance with your the Bill Payment Instructions, we will only Service shall be responsible for returning those the improperly transferred funds to your primary deposit accountEligible Transaction Account, or and for directing to the proper Xxxxxx any previously misdirected transactions, and will have no further liability with respect to sameand, except as expressly provided if applicable, for aboveany late payment related charges.

Appears in 5 contracts

Samples: Online Banking Agreement, Online Banking Agreement, Online Banking Agreement

Payment Authorization and Payment Remittance. By providing us with names and telephone numbers, email addresses, and/or bank account information of Billers Receivers to whom you wish to direct payments, you authorize us to follow the Payment Instructions that we receive from you. In order to process payments more efficiently and effectively, you agree that we may edit or alter payment data or data formats in accordance with Xxxxxx directivesthrough the Service. When we receive a Payment InstructionInstruction from you, you authorize us to debit your primary deposit account Eligible Transaction Account and remit funds on your behalf to your Xxxxxx so that the funds arrive on or as soon as reasonably possible after the Pay Date designated by youbehalf. You also authorize us to credit your primary deposit account Eligible Transaction Account for the receipt of payments, including but not limited to those payments returned to us by from Receivers to whom you sent payment(s) or cancelled and returned to you because the United States Postal Service or Xxxxxxprocessing of the payment transaction could not be completed. We will use commercially reasonable efforts to make all your payments properly. If we do not complete a payment from your primary deposit account on time or in the correct amount according to this Agreement, You agree that we will not be liable in any way for your lossesany payments that you may receive, costs, or expenses, except for your direct losses or damages regardless of whether you authorized the Sender to the extent directly relating send them to our gross negligence or intentional misconductyou. We will also not be liable for use reasonable efforts to complete all your losses or damages payment transactions properly. However, we shall incur no liability if we are unable to complete any payments initiated by you transaction because of the existence of any one or more of the following circumstances: (i) ifIf, through no fault of ours, your primary deposit account the Eligible Transaction Account does not contain sufficient funds to complete the transactionpayment transaction or the payment transaction would exceed the credit limit of your overdraft account; (ii) the Bill Payment The Service is not working properly and you know or have been advised by us about the malfunction before you execute the payment transaction; (iii) you The payment is refused as described in Section 20 below; You have not provided us with the correct account information, including but not limited to the correct Payment Instructions or Eligible Transaction Account information, or the correct Payment Instructionsname and address or mobile phone number of the Receiver to whom you are initiating a payment transaction; or (iv) circumstances and/or, Circumstances beyond our control (such as, but not limited to, fire, flood, pandemic network or system down time, issues with the financial institution, or interference from an outside force) prevent the proper execution of the payment transaction and we have taken reasonable precautions to avoid those circumstances. There It is the responsibility of the Sender and the Receiver to ensure the accuracy of any information that they enter into the Service (including but not limited to the Payment Instructions and name, telephone number and/or email address that the Sender enters for the Receiver to whom you are other exceptions provided sending the payment transaction), and for informing us as soon as possible if they become aware that this information is inaccurate. Neither the Sender nor Receiver may use a P.O. Box as a postal address. We will make a reasonable effort to stop or recover a payment transaction made to the wrong person or entity once informed, but we do not guarantee such stoppage or recovery and will bear no responsibility or liability for damages resulting from incorrect information entered by the Sender or Receiver. REMOTE DEPOSIT CAPTURE / END USERS AGREEMENT In this End Users Agreement, the words “I,” “me,” “my,” “us” and “our” mean the (consumer or business) that applied for and/or uses any of the Remote Deposit Capture Services (the “Services”) described in this End Users Agreement. Provided none The words “your Credit Union,” “our Credit Union,” and “the Credit Union” mean Farmers Insurance Federal Credit Union. My Application for use of these exceptions are applicablethe services, if we cause an incorrect amount your notification of funds to be removed from your primary deposit account or cause funds from your primary deposit account to be directed to a Xxxxxx in a manner inconsistent with your Payment Instructions, or fail to initiate your payment in accordance with your Payment Instructions, we will only be responsible for returning those funds to your primary deposit account, or for directing to the proper Xxxxxx any previously misdirected transactionsapproval of my application, and my Credit Union (Account Agreement and Disclosures) are hereby incorporated into and made a part of this End Users Agreement. In the event of a discrepancy between this End Users Agreement, Truth in Savings and Electronic Services Agreement, my Application, and your approval notification, the End Users Agreement and subsequent versions will have no further liability with respect to same, except as expressly provided for abovecontrol.

Appears in 4 contracts

Samples: Share Account Agreement, Share Account Agreement, Share Account Agreement

Payment Authorization and Payment Remittance. You represent and warrant that you are acting with full authority for the Sender, and that you are duly authorized to execute this Agreement on behalf of the Sender. By providing us the Service with names and account information of Billers to whom you wish to direct payments, you authorize us the Service to follow the Payment Instructions that we receive from youit receives through the payment system. In order to process payments more efficiently and effectively, you agree that we the Service may edit or alter payment data or data formats in accordance with Xxxxxx directives. When we receive the Service receives a Payment Instruction, you authorize us the Service to debit your primary deposit account Payment Account and remit funds on your behalf to your Xxxxxx so that the funds arrive on or as soon close as reasonably possible after to the Pay Scheduled Payment Date designated by you. You also authorize us the Service to credit your primary deposit account Payment Account for payments returned to us the Service by the United States Postal Service or Xxxxxx, or payments remitted to you on behalf of another authorized user of the Service. We The Service will use commercially reasonable its best efforts to make all your payments properly. If we do not complete a payment from your primary deposit account on time or in However, the correct amount according to this Agreement, we will not Service shall incur no liability and any Service Guarantee shall be liable for your losses, costs, or expenses, except for your direct losses or damages to void if the extent directly relating to our gross negligence or intentional misconduct. We will also not be liable for your losses or damages if we are Service is unable to complete any payments initiated by you because of the existence of any one or more of the following circumstances: (i) if• If, through no fault of oursthe Service, your primary deposit account Payment Account does not contain sufficient funds to complete the transactiontransaction or the transaction would exceed the credit limit of your overdraft account; (ii) the Bill Payment Service • The payment processing center is not working properly and you know or have been advised by the Service about the malfunction before you execute the transaction; (iii) you • You have not provided us the Service with the correct account Payment Account information, or the correct Payment Instructionsname, address, phone number, or account information for the Xxxxxx; or (iv) circumstances and/or, • Circumstances beyond our control of the Service (such as, but not limited to, fire, flood, pandemic or interference from an outside force) prevent the proper execution of the transaction and we have the Service has taken reasonable precautions to avoid those circumstances. There are other exceptions provided in this Agreement. Provided none of these the foregoing exceptions are applicable, if we cause the Service causes an incorrect amount of funds to be removed from your primary deposit account Payment Account or cause causes funds from your primary deposit account Payment Account to be directed to a Xxxxxx in a manner inconsistent which does not comply with your Payment Instructions, or fail to initiate your payment in accordance with your Payment Instructions, we will only the Service shall be responsible for returning those the improperly transferred funds to your primary deposit accountPayment Account, or and for directing to the proper Xxxxxx any previously misdirected transactions, and will have no further liability with respect to sameand, except as expressly provided if applicable, for aboveany late payment related charges.

Appears in 2 contracts

Samples: Electronic Services Agreement, Electronic Services Agreement

Payment Authorization and Payment Remittance. By providing us the Xxxx Payment Service with names and account information of Billers to whom you wish to direct payments, you authorize us the Xxxx Payment Service to follow the Payment Instructions that we receive from youit receives through our Online Banking Website or Software. In order to process payments more efficiently and effectively, you agree that we the Xxxx Payment Service may edit or alter payment data or data formats in accordance with Xxxxxx directives. When we receive the Xxxx Payment Service receives a Payment Instruction, you authorize us the Xxxx Payment Service to debit your primary deposit account Eligible Transaction Account and remit funds on your behalf to your Xxxxxx so that the funds arrive on or as soon close as reasonably possible after to the Pay Scheduled Payment Date designated by you. You also authorize us the Xxxx Payment Service to credit your primary deposit account Eligible Transaction Account for payments returned to us the Xxxx Payment Service by the United States Postal Service or Xxxxxx, or payments remitted to you on behalf of another authorized user of the Xxxx Payment Service. We The Xxxx Payment Service will use commercially reasonable efforts attempt to make all your payments properly. If we do not complete a payment from your primary deposit account on time or in However, the correct amount according to this Agreement, we will not be liable for your losses, costs, or expenses, except for your direct losses or damages to Xxxx Payment Service shall incur no liability if the extent directly relating to our gross negligence or intentional misconduct. We will also not be liable for your losses or damages if we are Xxxx Payment Service is unable to complete any payments initiated by you because of the existence of any one or more of the following circumstances: (i) ifo If, through no fault of oursthe Xxxx Payment Service, your primary deposit account Eligible Transaction Account does not contain sufficient funds to complete the transactiontransaction or the transaction would exceed the credit limit of your overdraft account; (ii) the Bill Payment Service o The payment processing center is not working properly and you know or have been advised by the Xxxx Payment Service about the malfunction before you execute the transaction; (iii) you o You have not provided us the Xxxx Payment Service with the correct account Eligible Transaction Account information, or the correct name, address, phone number, or account information for the Xxxxxx; and/or, o Circumstances beyond control of the Xxxx Payment Instructions; or (iv) circumstances beyond our control Service (such as, but not limited to, fire, flood, pandemic or interference from an outside force) prevent the proper execution of the transaction and we have the Xxxx Payment Service has taken reasonable precautions to avoid those circumstances. There are other exceptions provided in this Agreement. Provided none of these the foregoing exceptions are applicable, if we cause the Xxxx Payment Service causes an incorrect amount of funds to be removed from your primary deposit account Eligible Transaction Account or cause causes funds from your primary deposit account Eligible Transaction Account to be directed to a Xxxxxx in a manner inconsistent which does not comply with your Payment Instructions, or fail to initiate your payment in accordance with your the Xxxx Payment Instructions, we will only Service shall be responsible for returning those the improperly transferred funds to your primary deposit accountEligible Transaction Account, or and for directing to the proper Xxxxxx any previously misdirected transactions, and will have no further liability with respect to sameand, except as expressly provided if applicable, for aboveany late payment related charges.

Appears in 2 contracts

Samples: Online Banking Agreement, Online Banking Agreement

Payment Authorization and Payment Remittance. By providing us the Service with names and account information of Billers to whom you wish to direct payments, you authorize us the Service to follow the Payment Instructions that we receive from youit receives through the payment system. In order to process payments more efficiently and effectively, you agree that we the Service may edit or alter payment data or data formats in accordance with Xxxxxx directives. When we receive the Service receives a Payment Instruction, you authorize us the Service to debit your primary deposit account Payment Account and remit funds on your behalf to your Xxxxxx so that the funds arrive on or as soon close as reasonably possible after to the Pay Scheduled Payment Date designated by you. You also authorize us the Service to credit your primary deposit account Payment Account for payments returned to us the Service by the United States Postal Service or Xxxxxx, or payments remitted to you on behalf of another authorized user of the Service. We The Service will use commercially reasonable its best efforts to make all your payments properly. If we do not complete a payment from your primary deposit account on time or in However, the correct amount according to this Agreement, we will not Service shall incur no liability and any Service Guarantee shall be liable for your losses, costs, or expenses, except for your direct losses or damages to void if the extent directly relating to our gross negligence or intentional misconduct. We will also not be liable for your losses or damages if we are Service is unable to complete any payments initiated by you because of the existence of any one or more of the following circumstances: (i) if• If, through no fault of oursthe Service, your primary deposit account Payment Account does not contain sufficient funds to complete the transactiontransaction or the transaction would exceed the credit limit of your overdraft account; (ii) the Bill Payment Service • The payment processing center is not working properly and you know or have been advised by the Service about the malfunction before you execute the transaction; (iii) you • You have not provided us the Service with the correct account Payment Account information, or the correct Payment Instructionsname, address, phone number, or account information for the Xxxxxx; or (iv) circumstances and/or, • Circumstances beyond our control of the Service (such as, but not limited to, fire, flood, pandemic or interference from an outside force) prevent the proper execution of the transaction and we have the Service has taken reasonable precautions to avoid those circumstances. There are other exceptions provided in this Agreement. Provided none of these the foregoing exceptions are applicable, if we cause the Service causes an incorrect amount of funds to be removed from your primary deposit account Payment Account or cause causes funds from your primary deposit account Payment Account to be directed to a Xxxxxx in a manner inconsistent which does not comply with your Payment Instructions, or fail to initiate your payment in accordance with your Payment Instructions, we will only the Service shall be responsible for returning those the improperly transferred funds to your primary deposit accountPayment Account, or and for directing to the proper Xxxxxx any previously misdirected transactions, and will have no further liability with respect to sameand, except as expressly provided if applicable, for aboveany late payment related charges.

Appears in 2 contracts

Samples: Security First Bank, Security First Bank

Payment Authorization and Payment Remittance. By providing us the Service with names and account information of Billers to whom you wish to direct payments, you authorize us the Service to follow the Payment Instructions that we receive from youit receives through the Site. In order to process payments more efficiently and effectively, you agree that we the Service may edit or alter payment data or data formats in accordance with Xxxxxx directives. When we receive the Service receives a Payment Instruction, you authorize us the Service to debit your primary deposit account Eligible Transaction Account and remit funds on your behalf to your Xxxxxx so that the funds arrive on or as soon close as reasonably possible after to the Pay Scheduled Payment Date designated by you. You also authorize us the Service to credit your primary deposit account Eligible Transaction Account for payments returned to us the Service by the United States Postal Service or Xxxxxx, or payments remitted to you on behalf of another authorized user of the Service. We The Service will use commercially reasonable efforts attempt to make all your payments properly. If we do not complete a payment from your primary deposit account on time or However, the Service shall incur no liability and any Service Guarantee (as described in Section 3 of the correct amount according to this Agreement, we will not Bill Payment Terms) shall be liable for your losses, costs, or expenses, except for your direct losses or damages to void if the extent directly relating to our gross negligence or intentional misconduct. We will also not be liable for your losses or damages if we are Service is unable to complete any payments initiated by you because of the existence of any one or more of the following circumstances: (i) ifIf, through no fault of oursthe Service, your primary deposit account Eligible Transaction Account does not contain sufficient funds to complete the transactiontransaction or the transaction would exceed the credit limit of your overdraft account; (ii) the Bill Payment Service The payment processing center is not working properly and you know or have been advised by the Service about the malfunction before you execute the transaction; (iii) you You have not provided us the Service with the correct account Eligible Transaction Account information, or the correct Payment Instructionsname, address, phone number, or account information for the Xxxxxx; or (iv) circumstances and/or, Circumstances beyond our control of the Service (such as, but not limited to, fire, flood, pandemic or interference from an outside force) prevent the proper execution of the transaction and we have the Service has taken reasonable precautions to avoid those circumstances. There are other exceptions provided in this Agreement. Provided none of these the foregoing exceptions are applicable, if we cause the Service causes an incorrect amount of funds to be removed from your primary deposit account Eligible Transaction Account or cause causes funds from your primary deposit account Eligible Transaction Account to be directed to a Xxxxxx in a manner inconsistent which does not comply with your Payment Instructions, or fail to initiate your payment in accordance with your Payment Instructions, we will only the Service shall be responsible for returning those the improperly transferred funds to your primary deposit accountEligible Transaction Account, or and for directing to the proper Xxxxxx any previously misdirected transactions, and will have no further liability with respect to sameand, except as expressly provided if applicable, for aboveany late payment related charges.

Appears in 2 contracts

Samples: Agreement and Disclosure, livelifefcu.org

Payment Authorization and Payment Remittance. By providing us with names and account information of Billers to whom you wish to direct payments, you authorize us to follow the Payment Instructions that we receive from you. In order to process payments more efficiently and effectively, you agree that we may edit or alter payment data or data formats in accordance with Xxxxxx directives. When we receive a Payment Instruction, you authorize us to debit your primary deposit account Account and remit funds on your behalf to your Xxxxxx so that the funds arrive on or as soon as reasonably possible after the Pay Date designated by you. You also authorize us to credit your primary deposit account Account for payments returned to us by the United States Postal Service or Xxxxxx. We will use commercially reasonable efforts to make all your payments properly. If , and if we do not complete a payment from your primary deposit account Account on time or in the correct amount according to this Agreement, we will not be liable for your losses, costs, costs or expenses, except for your direct losses or damages to the extent directly relating to our gross negligence or intentional misconduct. We will also not be liable for your losses or damages if we are unable to complete any payments initiated by you because of the existence of any one or more of the following circumstances: (i) if, through no fault of ours, your primary deposit account Account does not contain sufficient funds to complete the transaction; (ii) if the Bill Payment Service is not working properly and you know or have been advised about the malfunction before you execute the transaction; (iii) if you have not provided us with the correct account information, information or correct Payment Instructions; or (iv) if circumstances beyond our control (such as, but not limited to, fire, flood, pandemic or interference from an outside force) prevent the proper execution of the transaction and we have taken reasonable precautions to avoid those circumstances. There are other exceptions provided in this Agreement. Provided none of these exceptions are applicable, if we cause an incorrect amount of funds to be removed from your primary deposit account Account or cause funds from your primary deposit account Account to be directed to a Xxxxxx in a manner inconsistent with your Payment Instructions, or fail to initiate your payment in accordance with your Payment Instructions, we will only be responsible for returning those funds to your primary deposit accountAccount, or for directing to the proper Xxxxxx any previously misdirected transactions, and will have no further liability with respect to same, except as expressly provided for above.

Appears in 1 contract

Samples: Account Agreement

Payment Authorization and Payment Remittance. By providing us with the names and account information of Billers Payees to whom you wish to direct payments, you authorize us to follow the Payment Instructions that we receive from youthrough Xxxx Payment. In order to process payments more efficiently and effectively, you agree that we may edit or alter payment data or data formats in accordance with Xxxxxx Payee directives. When we receive a Xxxx Payment Instructionreceives Payment Instructions, you authorize us to debit your primary deposit account Xxxx Payment Account and remit funds on your behalf to your Xxxxxx so that the funds arrive on or as soon close as reasonably possible after to the Pay Date designated by youScheduled Payment Date. You also authorize us to credit your primary deposit account Xxxx Payment Account for payments returned to us by the United States U.S. Postal Service or XxxxxxPayee, or payments remitted to you on behalf of another authorized user of Xxxx Payment. We will use commercially reasonable our best efforts to make all your payments properly. If we do not complete a payment from your primary deposit account on time or in However, the correct amount according to this Agreement, we will not Service shall incur no liability and any Service Guarantee shall be liable for your losses, costs, or expenses, except for your direct losses or damages to void if the extent directly relating to our gross negligence or intentional misconduct. We will also not be liable for your losses or damages if we are Service is unable to complete any payments initiated by you because of the existence of any one or more of the following circumstances: (i) if• If, through no fault of ours, your primary deposit account Xxxx Payment Account does not contain sufficient funds to complete the transactiontransaction or the transaction would exceed the credit limit of your overdraftaccount; (ii) the Bill Payment Service • The payment processing center is not working properly and you know or have been advised by us about the malfunction before you execute the transaction; (iii) you • You have not provided us with the correct account Xxxx Payment Account information, or the correct Payment Instructionsname, address, phone number, or account information for the Payee; or (iv) circumstances and/or, • Circumstances beyond our control (such as, but not limited to, e.g. fire, flood, pandemic or interference from an outside force) prevent the proper execution of the transaction and we have taken reasonable precautions to avoid those circumstances. There are other exceptions provided in this Agreement. Provided none of these exceptions are applicable, if we cause an incorrect amount of funds to be removed from your primary deposit account or cause funds from your primary deposit account to be directed to a Xxxxxx in a manner inconsistent with your Payment Instructions, or fail to initiate your payment in accordance with your Payment Instructions, we will only be responsible for returning those funds to your primary deposit account, or for directing to the proper Xxxxxx any previously misdirected transactions, and will have no further liability with respect to same, except as expressly provided for abovethosecircumstances.

Appears in 1 contract

Samples: Retail Online Banking Terms and Conditions

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Payment Authorization and Payment Remittance. By providing us the Service with names and account information of Billers Payees to whom you wish to direct payments, you authorize us the Service to follow the Payment Instructions that we receive from youreceived through the payment system. In order to process payments more efficiently and effectively, you agree that we the Service may edit or alter payment data or data formats in accordance with Xxxxxx Payee directives. When we receive a the Service receives Payment InstructionInstructions, you authorize us the Service to debit your primary deposit account Payment Account and remit funds on your behalf to your Xxxxxx so that the funds arrive on or as soon close as reasonably possible after to the Pay Scheduled Payment Date designated by you. In the event your payment is sent via Laser Draft Check, the funds will be debited from your account once the payee deposits the check. You also authorize us the Service to credit your primary deposit account Payment Account for payments returned to us the Service by the United States Postal Service or XxxxxxPayee, or payments remitted to you on behalf of another authorized user of the Service. We will use commercially reasonable efforts to make all post your payments properlytransaction/instruction properly to the account indicated when you use the Service properly and comply with these Terms and Conditions. If we do not complete a payment transfer to or from your primary deposit account account, on time or in the correct amount according to this Agreementour agreement with you, we will not be liable for your losses, costs, or expenses, except for your direct related losses or damages to the extent directly relating to our gross negligence or intentional misconductdamages. We will also not be liable for your losses or damages However, we shall incur no liability if we are unable to complete any payments a transaction/instruction initiated by you because of through the existence of any Service due to one or more of the following circumstances: (i) if• Your error. • Your failure to comply with these Terms and Conditions or the underlying account agreement and disclosure. • If the Service equipment or software was not working properly and you knew about the malfunction when you started the transaction. • You have not provided complete or correct information. • If, through no fault of ours, you do not have enough money in your primary deposit account does not contain sufficient funds to complete make the transaction; (ii) transfer. • The transfer would go over the Bill amount in your Payment Service is not working properly and you know or have been advised about the malfunction before you execute the transaction; (iii) you have not provided us with the correct account informationAccount, or correct Payment Instructions; or (iv) circumstances any credit limit on your line of credit loan. • Circumstances beyond our control (such as, but not limited to, fire, as fire or flood, pandemic or interference from an outside force) prevent the proper execution of the transaction and transfer. Despite reasonable precautions that we have taken reasonable precautions to avoid those circumstances. There are taken, there may be other exceptions provided stated in this Agreementour agreement with you. Provided none of these the foregoing exceptions are applicable, if we cause the Service causes an incorrect amount of funds to be removed from your primary deposit account Payment Account or cause causes funds from your primary deposit account Payment Account to be directed to a Xxxxxx in a manner inconsistent Payee which does not comply with your Payment Instructions, or fail to initiate your payment in accordance with your Payment Instructions, we will only the Service shall be responsible for returning those the improperly transferred funds to your primary deposit accountPayment Account, or and for directing to the proper Xxxxxx Payee any previously misdirected transactions, and will have no further liability with respect to sameand, except as expressly provided if applicable, for aboveany late payment related charges.

Appears in 1 contract

Samples: Bill Payment Agreement

Payment Authorization and Payment Remittance. Yourepresent and warrant that you are acting with full authority for the applyingentity, and that you are duly authorized to execute this Agreement on behalf ofthe applying entity. By providing us the Service with names and account information accountinformation of Billers to whom you wish to direct payments, you authorize us theService to follow the Payment Instructions that we receive from youit receives through the paymentsystem. In order to process payments more efficiently and effectively, you agree that we theService may edit or alter payment data or data formats in accordance with Xxxxxx withBiller directives. When we receive Whenthe Service receives a Payment Instruction, you authorize us the Service to debit your primary deposit account debityour Payment Account and remit funds on your behalf to your Xxxxxx so that the funds arrive on or as soon asclose as reasonably possible after to the Pay Scheduled Payment Date designated by you. You xxx.Xxx also authorize us the Service to credit your primary deposit account Payment Account for payments returned paymentsreturned to us the Service by the United States Postal Service or Xxxxxx, orpayments remitted to you on behalf of another authorized user of the Service. We TheService will use commercially reasonable its best efforts to make all your payments properly. If we do not complete a payment from your primary deposit account on time or in However,the correct amount according to this Agreement, we will not Service shall incur no liability and any Service Guarantee shall be liable for your losses, costs, or expenses, except for your direct losses or damages to the extent directly relating to our gross negligence or intentional misconduct. We will also not be liable for your losses or damages if we are void ifthe Service is unable to complete any payments initiated by you because of the existence theexistence of any one or more of the following circumstances: (i) ifIf, through no fault of oursthe Service, your primary deposit account Payment Account does not contain notcontain sufficient funds to complete the transactiontransaction or the transaction wouldexceed the credit limit of your overdraft account; (ii) the Bill Payment Service The payment processing center is not working properly and you know or knowor have been advised by the Service about the malfunction before you execute the executethe transaction; (iii) you You have not provided us the Service with the correct account informationPayment Accountinformation, or the correct Payment Instructionsname, address, phone number, or account informationfor the Xxxxxx; or (iv) circumstances and/or, Circumstances beyond our control of the Service (such as, but not limited notlimited to, fire, flood, pandemic or interference from an outside force) prevent the proper theproper execution of the transaction and we have the Service has taken reasonable precautions to precautionsto avoid those circumstances. There are other exceptions provided in this Agreement. Provided none Providednone of these the foregoing exceptions are applicable, if we cause the Service causes an incorrect amount incorrectamount of funds to be removed from your primary deposit account Payment Account or cause causes funds from your primary deposit account fromyour Payment Account to be directed to a Xxxxxx in a manner inconsistent which does not comply with your Payment yourPayment Instructions, or fail to initiate your payment in accordance with your Payment Instructions, we will only the Service shall be responsible for returning those theimproperly transferred funds to your primary deposit accountPayment Account, or and for directing to the proper theproper Xxxxxx any previously misdirected transactions, and will have no further liability with respect to sameand, except as expressly provided for aboveif applicable, forany late payment related charges.

Appears in 1 contract

Samples: Internetbanking Access User Agreement

Payment Authorization and Payment Remittance. By providing us the Bill Payment Service with names and account information of Billers to whom you wish to direct payments, you authorize us the Bill Payment Service to follow the Payment Instructions that we receive from youit receives through the Site. In order to process payments more efficiently and effectively, you agree that we the Service may edit or alter payment data or data formats in accordance with Xxxxxx directives. When we receive the Bill Payment Service receives a Payment Instruction, you authorize us the Bill Payment Service to debit your primary deposit account Eligible Transaction Account and remit funds on your behalf to your Xxxxxx so that the funds arrive on or as soon close as reasonably possible after to the Pay Scheduled Payment Date designated by you. You also authorize us the Bill Payment Service to credit your primary deposit account Eligible Transaction Account for payments returned to us the Bill Payment Service by the United States Postal Service or Xxxxxx, or payments remitted to you on behalf of another authorized user of the Bill Payment Service. We The Bill Payment Service will use commercially reasonable efforts attempt to make all your payments properly. If we do not complete a payment from your primary deposit account on time or However, the Bill Payment Service shall incur no liability and any Service Guarantee (as described in Section 4.3 of the correct amount according to this Agreement, we will not Bill Payment Terms) shall be liable for your losses, costs, or expenses, except for your direct losses or damages to void if the extent directly relating to our gross negligence or intentional misconduct. We will also not be liable for your losses or damages if we are Bill Payment Service is unable to complete any payments initiated by you because of the existence of any one or more of the following circumstances: (i) ifIf, through no fault of oursthe Bill Payment Service, your primary deposit account Eligible Transaction Account does not contain sufficient funds to complete the transactiontransaction or the transaction would exceed the credit limit of your overdraft account; (ii) the Bill Payment Service The payment processing center is not working properly and you know or have been advised by the Bill Payment Service about the malfunction before you execute the transaction; (iii) you You have not provided us the Bill Payment Service with the correct account Eligible Transaction Account information, or the correct name, address, phone number, or account information for the Xxxxxx; and/or, Circumstances beyond control of the Bill Payment Instructions; or (iv) circumstances beyond our control Service (such as, but not limited to, fire, flood, pandemic or interference from an outside force) prevent the proper execution of the transaction and we have the Bill Payment Service has taken reasonable precautions to avoid those circumstances. There are other exceptions provided in this Agreement. Provided none of these the foregoing exceptions are applicable, if we cause the Bill Payment Service causes an incorrect amount of funds to be removed from your primary deposit account Eligible Transaction Account or cause causes funds from your primary deposit account Eligible Transaction Account to be directed to a Xxxxxx in a manner inconsistent which does not comply with your Payment Instructions, or fail to initiate your payment in accordance with your the Bill Payment Instructions, we will only Service shall be responsible for returning those the improperly transferred funds to your primary deposit accountEligible Transaction Account, or and for directing to the proper Xxxxxx any previously misdirected transactions, and will have no further liability with respect to sameand, except as expressly provided if applicable, for aboveany late payment related charges.

Appears in 1 contract

Samples: Bancorpsouth Bank Customer Agreement

Payment Authorization and Payment Remittance. By providing us with names and account information of Billers Payees to whom you wish to direct payments, you authorize us to follow the Payment Instructions that we receive from youthrough the payment system. In order to process payments more efficiently and effectively, you agree that we may edit or alter payment data or data formats in accordance with Xxxxxx Payee directives. When we receive a Payment Instruction, you authorize us to debit your primary deposit account Payment Account and remit funds on your behalf to your Xxxxxx on the Send On Date so that the funds arrive on or as soon close as reasonably possible after to the Pay Date designated by youDelivery By Date. You also authorize us to credit your primary deposit account Payment Account for payments returned to us by the United States Postal Service or XxxxxxPayee, or payments remitted to you on behalf of another authorized user of the Bill Pay service. We will use commercially reasonable our best efforts to make all your payments properly. If we do not complete a payment from your primary deposit account on time or in the correct amount according to this AgreementHowever, we will not shall incur no liability and any Service Guarantee shall be liable for your losses, costs, or expenses, except for your direct losses or damages to the extent directly relating to our gross negligence or intentional misconduct. We will also not be liable for your losses or damages void if we are unable to complete any payments initiated by you because of the existence of any one or more of the following circumstances: (i) if• If, through no fault of ours, your primary deposit account Payment Account does not contain sufficient funds to complete the transactiontransaction or the transaction would exceed the credit limit of your overdraft account; (ii) the • The Bill Payment Pay Service is not working properly and you know or have been advised about the malfunction before you execute the transaction; (iii) you • You have not provided us with the correct account Payment Account information, or the correct Payment Instructionsname, address, phone number, or account information for the Payee; or (iv) circumstances and/or, • Circumstances beyond our control (such as, but not limited to, fire, flood, pandemic or interference from an outside force) prevent the proper execution of the bill pay transaction and we have taken reasonable precautions to avoid those circumstances. There are other exceptions provided in this Agreement. Provided none of these the exceptions above are applicable, if we cause an incorrect amount of funds to be removed from your primary deposit account Payment Account or cause funds from your primary deposit account Payment Account to be directed to a Xxxxxx in a manner inconsistent with your Payment Instructions, or fail to initiate your payment in accordance Payee which does not comply with your Payment Instructions, we will only shall be responsible for returning those the improperly transferred funds to your primary deposit accountPayment Account, or and for directing to the proper Xxxxxx Payee any previously misdirected transactions, and will have no further liability with respect to sameand, except as expressly provided if applicable, for aboveany late payment related charges.

Appears in 1 contract

Samples: Banking Service Agreement

Payment Authorization and Payment Remittance. By providing us with names and account information of Billers to whom you wish to direct payments, you authorize us to follow the Payment Instructions that we receive from you. In order to process payments more efficiently and effectively, you agree that we may edit or alter payment data or data formats in accordance with Xxxxxx directives. When we receive a Payment Instruction, you authorize us to debit your primary deposit account and remit funds on your behalf to your Xxxxxx so that the funds arrive on or as soon as reasonably possible after the Pay Date designated by you. You also authorize us to credit your primary deposit account for payments returned to us by the United States Postal Service or Xxxxxx. We will use commercially reasonable efforts to make all your payments properly. If we do not complete a payment from your primary deposit account on time or in the correct amount according to this Agreement, we will not be liable for your losses, costs, or expenses, except for your direct losses or damages to the extent directly relating to our gross negligence or intentional misconduct. We will also not be liable for your losses or damages if we are unable to complete any payments initiated by you because of the existence of any one or more of the following circumstances: (i) if, through no fault of ours, your primary deposit account does not contain sufficient funds to complete the transaction; (ii) the Bill Xxxx Payment Service is not working properly and you know or have been advised about the malfunction before you execute the transaction; (iii) you have not provided us with the correct account information, or correct Payment Instructions; or (iv) circumstances beyond our control (such as, but not limited to, fire, flood, pandemic or interference from an outside force) prevent the proper execution of the transaction and we have taken reasonable precautions to avoid those circumstances. There are other exceptions provided in this Agreement. Provided none of these exceptions are applicable, if we cause an incorrect amount of funds to be removed from your primary deposit account or cause funds from your primary deposit account to be directed to a Xxxxxx in a manner inconsistent with your Payment Instructions, or fail to initiate your payment in accordance with your Payment Instructions, we will only be responsible for returning those funds to your primary deposit account, or for directing to the proper Xxxxxx any previously misdirected transactions, and will have no further liability with respect to same, except as expressly provided for above.

Appears in 1 contract

Samples: Walmart Moneycard Deposit Account Agreement

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