Preauthorized Transfers, Stop Payments and Notices of Varying Amounts. If you authorize us or another company or person to withdraw from your Account on a regular basis (such as when you sign up for “autopay” to pay a recurring bill or invoice), it is called a “Preauthorized Transfer.” You may request that we place a stop payment on Preauthorized Transfers, as well as get notification when the amount of a particular withdrawal will be different from the amount of the last withdrawal. We may charge a fee to stop payment on Preauthorized Transfers (as outlined in the fees section above).
Appears in 5 contracts
Samples: Highbeam Business Savings Account Agreement, Business Deposit Account Agreement, Business Deposit Account Agreement
