Common use of Payment Authorization and Remittance Clause in Contracts

Payment Authorization and Remittance. By using the Bill Payment Service, you authorize the Bank or its Bill Payment Service Provider to follow the Payment Instructions that it receives through the Bill Payment System. In order to process bill payments more efficiently and effectively, bill payment related data or data formats may be edited or altered in accordance with Xxxxxx directives. When a Bill Payment Instruction is received by the Bank or its Bill Payment Service Provider, you authorize the Bank or its Bill Payment Service Provider to debit your Payment Account and remit funds on your behalf so that the funds arrive as close as reasonably possible to the Scheduled Payment Date designated by you. You also authorize the Bank or its Bill Payment Service Provider to credit your Payment Account for payments returned by the Xxxxxx. The Bank will use reasonable efforts to make (or cause its Bill Payment Service Provider to make) all your payments properly. However, neither the Bank nor its Bill Payment Service Provider shall incur any liability and any Bill Payment Service Guarantee shall be void if the Bank or its Bill Payment Service Provider is 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 the Bank or its Bill Payment Service Provider, your Payment Account does not contain sufficient funds to complete the transaction or the transaction would exceed the credit limit of your overdraft account; ii. The Bank's Bill Payment Service and/or its Bill Payment Service Provider's payment processing center is not working properly and you know or have been advised about the malfunction before you execute the transaction; iii. You have not provided the correct Payment Account information, or the correct name, address, phone number, or account information for the Xxxxxx; and/or iv. Circumstances beyond the control of the Bank and/or its Bill Payment Service Provider (such as, but not limited to, fire, flood, or interference from an outside force) prevent the proper execution of the transaction and the Bank or its Bill Payment Service Provider have taken reasonable precautions to avoid those circumstances. Provided that none of the foregoing exceptions and none of the exceptions set forth elsewhere in this Agreement (e.g., see Section 5 above) or in any of your other Account Agreements is applicable, if the Bank or its Bill Payment Service Provider causes an incorrect amount of funds to be removed from your Payment Account or causes funds from your Payment Account to be directed to a Xxxxxx which does not comply with your Payment Instructions, the Bank shall be responsible for returning (or causing its Bill Payment Service Provider to return) the improperly transferred funds to your Payment Account, and for directing to the proper Xxxxxx any previously misdirected transactions, and, if applicable, for any late payment related charges (subject to Section 8(e) above).

Payment Authorization and Remittance. By using the Bill Payment Serviceproviding us with names and account information of a person or entity to which you wish to direct a bill payment (“Payee”), you authorize us to use the Bank or its Bill Payment Service Provider information provided by you to follow the Payment Instructions that it receives through the Bill Payment Systemsend a payment and to debit your Account and remit funds on your behalf. In order to process bill payments more efficiently and effectively, bill we may alter or edit payment related data or data formats may be edited or altered in accordance with Xxxxxx Payee directives. When a Bill Payment Instruction is received by the Bank or its Bill Payment Service Provider, you authorize the Bank or its Bill Payment Service Provider to debit your Payment Account and remit funds on your behalf so that the funds arrive as close as reasonably possible to the Scheduled Payment Date designated by you. You also authorize the Bank or its Bill Payment Service Provider to credit your Payment Account for payments returned by the Xxxxxx. The Bank We will use reasonable our best efforts to make (or cause its Bill Payment Service Provider to make) all your payments properly. However, neither the Bank nor its Bill Payment Service Provider shall we will incur any no liability and any Bill Payment Service Guarantee shall be void if the Bank or its Bill Payment Service Provider is we are unable to complete any payments initiated by you payment because of the existence of any one or more of the following circumstances: i. If, through no fault of the Bank or its Bill Payment Service Provider, your Payment : • Your Account does not contain sufficient funds to complete the transaction or the transaction would exceed the credit limit of your overdraft account; ii. transaction; • The Bank's Bill Payment Service and/or its Bill Payment Service Provider's payment processing center is not working properly and you know or have been advised by us about the malfunction before you execute initiated the transaction; iii. bill payment; • You have not provided the correct Payment Account information, payment information or the correct name, address, phone number, or account information for the XxxxxxPayee; and/or iv. • It can be shown that the Payee received the bill payment within the normal delivery timeframe and failed to process the payment through no fault of ours; • We have reason to believe that a bill pay request may not be authorized by you; and/or • Circumstances beyond the our control of the Bank and/or its Bill Payment Service Provider (such as, but not limited to, fire, flood, flood or interference from an outside force) prevent the proper execution of the transaction and the Bank or its Bill Payment Service Provider we have taken reasonable precautions to avoid those these circumstances. Provided Any bill payment scheduled on a non-Business Day will begin processing on the next Business Day. A hold for the amount of any scheduled bill payment will apply to the funds in your Available Balance at the time that none you schedule a bill payment. If you do not have the funds available at the time we attempt to make the payment from your Account, the payment will not be made. If you have scheduled multiple payments to be made and the funds in your Available Balance are not sufficient at the time we attempt to complete all of the foregoing exceptions and none scheduled payments, we will pay only those for which your Available Balance is sufficient to cover, in no particular order. We will notify you by text alert or email of any failed attempts to make payments from your Account if you have opted in for scheduled bill payment failed alerts. The Payee’s ability to access these funds is at the sole discretion of the exceptions set forth elsewhere in this Agreement (e.g.Payee’s financial institution. You acknowledge that once the money is delivered to the Payee, see Section 5 above) or in any of your other Account Agreements the transaction is applicable, if non-reversible and non- refundable to you. We are not responsible for determining whether the Bank or its Bill Payment Service Provider causes an incorrect amount of funds money being sent is correct for any underlying transaction or is actually owed to be removed from your Payment Account or causes funds from your Payment Account to be directed the Payee. Any dispute that may arise between you and the Payee relating to a Xxxxxx which does payment made or received, or any other aspect of a transaction between you and the Payee, is not comply with your Payment Instructionsour responsibility. You acknowledge that we do not ensure the quality, safety or legality of any merchandise received, nor that a seller will even ship the Bank shall be responsible for returning (or causing its Bill Payment Service Provider to return) the improperly transferred funds to your Payment Accountmerchandise. WE ARE NOT RESPONSIBLE FOR PAYMENTS MADE TO UNINTENDED PAYEES DUE TO THE INPUT OF INCORRECT INFORMATION BY YOU, and for directing to the proper Xxxxxx any previously misdirected transactions, and, if applicable, for any late payment related charges (subject to Section 8(e) above)NOR WILL WE BE RESPONSIBLE FOR VERIFICATION OF THE IDENTITY OF PAYEES.

Payment Authorization and Remittance. A. By using the Bill Payment Serviceproviding us with names and mobile phone numbers and/or email addresses of Recipients to whom you wish to direct payments, you authorize the Bank or its Bill Payment Service Provider us to follow the P2P Payment Instructions that it receives we receive through the Bill Payment System. In order to process bill payments more efficiently and effectively, bill payment related data or data formats may be edited or altered in accordance with Xxxxxx directives. Service. B. When we receive a Bill P2P Payment Instruction is received by the Bank or its Bill Payment Service Providerfrom you, you authorize the Bank or its Bill Payment Service Provider us to debit your Payment Eligible Transaction Account and remit funds on your behalf so that the funds arrive as close as reasonably possible to the Scheduled Payment Date designated by youbehalf. You also authorize the Bank or its Bill Payment Service Provider us to credit your Payment Eligible Transaction Account for the receipt of payments returned by to us because the Xxxxxx. The Bank processing of your P2P Payment Instruction could not be completed. C. We will use reasonable efforts to make (or cause its Bill Payment Service Provider to make) complete all your payments P2P Payment Instructions properly. However, neither the Bank nor its Bill Payment Service Provider we shall incur any no liability and any Bill Payment Service Guarantee shall be void if the Bank or its Bill Payment Service Provider is 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. If, through no fault of ours, the Bank or its Bill Payment Service Provider, your Payment Eligible Transaction Account does not contain sufficient funds to complete the transaction P2P Payment Instruction or the transaction P2P Payment Instruction would exceed the credit limit of your overdraft account; ii. The Bank's Bill Payment Service and/or its Bill Payment Service Provider's payment processing center is not working properly properly, and you know or have been advised by us about the malfunction before you execute the transactionP2P Payment Instruction; iii. The payment is refused or returned by Recipient or Recipient's Financial Institution, iv. You have not provided us with the correct information, including but not limited to the correct P2P Payment Instructions or Eligible Transaction Account information, or the correct name, address, mobile phone number, number or account information for email address of the XxxxxxRecipient to whom you are initiating a P2P Payment Instruction; and/or iv. v. Circumstances beyond the our control of the Bank and/or its Bill Payment Service Provider (such as, but not limited to, fire, flood, network or system down time, issues with Allegacy or interference from an outside force) which prevent the proper execution of the transaction P2P Payment Instruction. D. It is the responsibility of the Sender and the Bank or its Bill Recipient to ensure the accuracy of any information that they enter into the Service (including but not limited to the P2P Payment Service Provider have taken reasonable precautions Instructions and name, mobile phone number and/or email address for the Receiver to avoid those circumstances. Provided that none of whom you are attempting to send the foregoing exceptions and none of the exceptions set forth elsewhere in this Agreement (e.g., see Section 5 above) or in any of your other Account Agreements is applicable, if the Bank or its Bill P2P Payment Service Provider causes an incorrect amount of funds to be removed from your Payment Account or causes funds from your Payment Account to be directed to a Xxxxxx which does not comply with your Payment Instructions, the Bank shall be responsible for returning (or causing its Bill Payment Service Provider to return) the improperly transferred funds to your Payment AccountInstruction), and for directing informing us as soon as possible if they become aware that this information is inaccurate. We will make a reasonable effort to stop or recover a payment made to the proper Xxxxxx 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 Recipient. E. You agree that your authorization provided on the Site is conclusive evidence that with regard to each P2P Payment, You authorize and are empowered to authorize Us to submit the P2P Payments on your behalf. F. We do not charge any previously misdirected transactionsfees to You (as the sender of a payment) for Your use of the Service. However, andthe recipient of the payment may be charged a fee if they select the Debit Card Method for immediate access. If a recipient chooses the Debit Card Method, if applicable, for any late payment related charges (subject the fee to Section 8(e) above)the recipient is then deducted from the amount of the transfer.

Payment Authorization and Remittance. 1. By using the Bill Payment Serviceproviding us with names and mobile phone numbers and/or email addressesof Recipients to whom you wish to direct payments, you authorize the Bank or its Bill Payment Service Provider us to follow the P2P Payment Instructions that it receives we receive through the Bill Payment System. In order to process bill payments more efficiently and effectively, bill payment related data or data formats may be edited or altered in accordance with Xxxxxx directivesService. 2. When we receive a Bill P2P Payment Instruction is received by the Bank or its Bill Payment Service Providerfrom you, you authorize the Bank or its Bill Payment Service Provider us to debit your Payment debityour Eligible Transaction Account and remit funds on your behalf so that the funds arrive as close as reasonably possible to the Scheduled Payment Date designated by youbehalf. You also authorize the Bank or its Bill Payment Service Provider authorizeus to credit your Payment Eligible Transaction Account for the receipt of payments returned by tous because the Xxxxxxprocessing of your P2P Payment Instruction could not be completed. 3. The Bank We will use reasonable efforts to make (or cause its Bill Payment Service Provider to make) complete all your payments P2P Payment Instructions properly. However, neither the Bank nor its Bill Payment Service Provider we shall incur any no liability and any Bill Payment Service Guarantee shall be void if the Bank or its Bill Payment Service Provider is 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. 1. If, through no fault of ours, the Bank or its Bill Payment Service Provider, your Payment Eligible Transaction Account does not contain sufficient funds to complete the transaction P2P Payment Instruction, or the transaction P2P Payment Instruction would exceed the credit limit of your overdraft account; ii2. The Bank's Bill Payment Service and/or its Bill Payment Service Provider's payment processing center is not working properly properly, and you know or have been advised by us about the malfunction before you execute the transactiontheP2P Payment Instruction; iii3. The payment is refused or returned by Recipient or Recipient'sFinancial Institution, 4. You have not provided us with the correct information, including but not limited to the correct P2P Payment Instructions orEligible Transaction Account information, or the correct name, address, mobile phone number, number or account information for email address of the XxxxxxRecipient to whom you are initiating a P2P Payment Instruction; and/or iv5. Circumstances beyond the our control of the Bank and/or its Bill Payment Service Provider (such as, but not limited to, ,fire, flood, network or system down time, issues with the financial institution or interference from an outside force) which prevent the proper theproper execution of the transaction P2P Payment Instruction. 4. It is the responsibility of the Sender and the Bank or its Bill Recipient to ensure the accuracy of any information that they enter into the Service (including but not limited to the P2P Payment Service Provider have taken reasonable precautions Instructions and name, mobile phone number and/or email address for theReceiver to avoid those circumstances. Provided that none of whom you are attempting to send the foregoing exceptions and none of the exceptions set forth elsewhere in this Agreement (e.g., see Section 5 above) or in any of your other Account Agreements is applicable, if the Bank or its Bill P2P Payment Service Provider causes an incorrect amount of funds to be removed from your Payment Account or causes funds from your Payment Account to be directed to a Xxxxxx which does not comply with your Payment Instructions, the Bank shall be responsible for returning (or causing its Bill Payment Service Provider to return) the improperly transferred funds to your Payment AccountInstruction), and for directing informing us as soon as possible if they become aware that this information is inaccurate. We will make a reasonable effort to stop or recover a payment made to the proper Xxxxxx any previously misdirected transactionswrong person or entity once informed, andbut 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 Recipient. 5. You agree that your authorization provided on the Site is conclusive evidence that with regard to each P2P Payment, if applicable, for any late payment related charges (subject You authorize and are empowered to Section 8(e) above)authorize US to submit the P2P Payments on your behalf.