Payment Transactions. You may use Xxxx Pay to initiate single or recurring xxxx payment transactions. Single payments are payments initiated today with today's transfer date. Payments can be canceled or changed through Xxxx Pay until payments begin processing from the account. Recurring payments are payments that reoccur on a preset date with a fixed amount. You have the option in Xxxx Pay to set recurring payments to continue indefinitely or to stop on a specific date. Payments can be canceled or changed through Xxxx Pay until funds are withdrawn from the account.
Payment Transactions. You may use Bill Pay to initiate single or recurring bill payment transactions. Single payments are payments initiated today with today's transfer date. Payments can be canceled or changed through Bill Pay until payments begin processing from the account. Recurring payments are payments that reoccur on a preset date with a fixed amount. You have the option in Bill Pay to set recurring payments to continue indefinitely or to stop on a specific date. Payments can be canceled or changed through Bill Pay until funds are withdrawn from the account.
Payment Transactions. Rent and other payments are to be paid in the manner designated by the Lessor on a monthly basis in advance by the 6th date of each month to a bank account or other recipient as indicated by the Lessor. Should the Tenant not pay the aforementioned rent and other fees by the due date, overdue interest on the unpaid charges will be the maximum overdue interest rate as stipulated by the Interest Act. However, at least an equivalent of one month’s interest on unpaid rent and other fees will be collected as overdue interest in all cases. In addition, the Tenant is liable for the payment of any costs and expenses caused by the collection of overdue rent and other fees as set and confirmed by the Board of Directors of the Lessor.
Payment Transactions. You may use Bill Pay to initiate three different types of bill payment transactions: • “Today” payments are payments initiated today with today’s transfer date. Payments can be canceled or changed through Bill Pay until funds are withdrawn from the account. • “Future” payments are payments initiated by setting the payment amount and future payment date. • “Recurring” payments are payments that reoccur on a preset date with a fixed amount. You have the
Payment Transactions. 7.1. The Payment is shown on the Account in USD, after its receipt by the Company.
a) The Payment is executed using exclusively the payment services provided in the Cabinet.
b) A Payment in any other form (different from the ones stated above) may be executed by the Client only with the written permission of the Company. Otherwise the Company has the right to not receive such Payment or return the received money to the payer’s account (minus the cost of banking operations).
7.2. The Company has the right to demand a copy of the payment document from the Client, provided by the bank or the Payer’s payment service with a note of execution. The Company has the right not to show the funds of the corresponding payment on the Client’s Account before the Client has presented a copy of the document, and when the funds have not been credited to the Company’s bank account.
7.3. If the payment is made by bank transfer, the Client is obliged to specify the following payment purpose in the payment documents: "Payment under Client Agreement №01-2016".
a) In the case of improper purpose of the payment by the Client, the Company has the right not to show the payment on the Account, and not to make any transactions with the payment before the Client has clarified the purpose of the payment. In this case, the Client is obliged to provide the Company with a written clarification of the purpose of the payment. In case of Client’s failure to fulfill this obligation before the end of the calendar month during which the corresponding payment was entered, the Company is entitled to return the payment to the account from which it was received.
7.4. The payment is made on the basis of the Application, form of which is available in the "Deposit" subsection of the “Banking" section of the Cabinet. The cancellation of the Application, submitted according to this paragraph, cannot be carried out after being sent.
7.4.1. Payments are credited to the account in the following terms:
a) Payments transmitted to the Company’s bank account, are processed no later than one day after the day of the receiving;
b) Payments transmitted to the Agent’s bank account, are processed no later than one day after the day of the funds being transferred to the Company’s business account by the Agent.
7.5. The Company accepts the payments in the currency in which the Company or the Agent has opened the account. Details of the Payment services concerning making deposits, are located in the Cabinet.
7.6. When ...
Payment Transactions. Transactions initiated by the Client (bank transfer), by the payment beneficiary (direct debit) or via the latter (payment by payment card), consisting of paying, transferring or withdrawing funds, from the payment account opened by the Client in the Bank's books, for any reasons whatsoever and independently of any obligation between the Client and the payment beneficiary. These are payment institutions, electronic money institutions, lending institutions and providers of information services on accounts.
Payment Transactions. You may use Bill Pay to initiate three different types of bill payment transactions:
Payment Transactions. All Payment Transactions shall be governed by the provisions of the following sections:
a. Reporting obligations prior to issuance of the Payment Order: Single Identifier: The Customer is required to confirm and verify the data relating to Payment Orders it sends to the Bank. For the proper execution of Payment Orders, the Customer must furnish the Bank with the international Bank Account number (IBAN) in order to identify the Payment Account(s) affected by the Payment Transaction intended to be executed, or in the case of utilization of Payment Instruments, the identifier relates to the card number or PAN. For this purpose, a Payment Order shall be deemed to be properly executed when made in favor of the Beneficiary of the Single Identifier furnished by the Customer. Consequently, the Bank shall not be liable for the non-execution or defective execution of a Payment Transaction when it was carried out in favor of the Single Identifier furnished by the Customer, regardless of the Customer having furnished additional information for the proper execution of the Payment Transaction. Notwithstanding the above, in these cases of defective execution of a Payment Transaction, the Bank shall make a reasonable effort shall make such efforts as are reasonable in order to recover the funds of the Payment Transaction. In the event that it is not possible to recover the funds, the Bank will provide the Customer, upon the Customer's written request, with all the information in its possession that is relevant for the Customer to make a legal claim to recover the funds. 5350/30/03 – HD0121-02
b. Authorizations: Payment Transactions shall be deemed to be authorized when the Customer has given consent for the execution thereof by means of written notice in such regard, expressly stating for the record the identification of the Customer, his or her signature and description of the Payment Transaction requested
Payment Transactions. 4.1.1 The Merchant shall accept the Cards in making Payment Transactions in relation to the sale of all goods and services offered by the Merchant without any differentiation and in accordance with this Agreement.
4.1.2 Payment Transactions shall not be made or accepted by the Merchant for any good or service other than those goods offered or services rendered by the Merchant in accordance with its business license and the activities licensed and authorized by the applicable authorities in the Territory.
4.1.3 Notwithstanding the requirement of observing the Floor Limit, the Merchant shall accept Payment Transactions irrespective of value. The Merchant shall not announce or pre-set any rule to accept a minimum or maximum value for any Payment Transaction, other than the Floor Limit.
4.1.4 The Merchant shall ensure to have the Card swiped or inserted into the POS Terminal for all Payment Transactions at the time of initiating any Authorization.
4.1.5 If a Payment Transaction is initiated using the Card which is issued by an Issuer outside the Territory for an amount in Bahraini Dinar, the Merchant should, but shall not be obliged to, verify the identity of the Cardholder, record details of the Cardholder’s identification document on the POS Record, obtain a photo copy of such documents and retain copies of the documents for presentation to AUB upon demand.
4.1.6 The Merchant shall not split a Payment Transaction by initiating multiple Authorizations at any given time. The Merchant acknowledges that splitting a Payment Transaction into multiple Authorizations may result in the Issuer’s rejection of any or all Payment Transactions made and AUB shall be entitled to debit the value of the rejected Payment Transactions including all expenses related thereto from the Merchant’s Bank Account holding Sale Proceeds.
4.1.7 Details of all Payment Transactions Authorized by the Merchant shall be made available to AUB within a maximum period of seven (7) calendar days from AUB’s request.
4.1.8 The value of the Payment Transaction shall be reduced in accordance with any discount that is offered by the Merchant on the sale of its goods and services. If a discount is offered, the Merchant agrees to apply the discount to the value of the Payment Transaction made in relation to goods and services sold on discount basis.
4.1.9 The Merchant shall not accept any Payment Transaction which is made:
(a) by the Representative;
(b) to advance cash to the Cardholder;
(c) to refinance...
Payment Transactions. You may use Bill Pay to initiate three different types of bill payment transactions: • "Today" payments are payments initiated today with today's transfer date. Payments can be canceled or changed through Bill Pay until payments are in process. • "Future" payments are payments initiated by setting the payment amount and future payment date. Payments can be canceled or changed through Bill Pay until payments are in process. • "Recurring" payments are payments that reoccur on a preset date with a fixed amount. You have the option in Bill Pay to set recurring payments to continue indefinitely or to stop on a specific date. Payments can be canceled or changed through Bill Pay until payments are in process.
