Common use of Processing Payments Clause in Contracts

Processing Payments. The amount of your requested xxxx payments will be deducted from your account on the Scheduled Debit Date and will be posted within two business days of the date that the payment is transmitted to the payee. You will receive a confirmation number at the time of each transaction. Therefore, you must have sufficient funds available to cover your payment on the Scheduled Initiation Date.

Appears in 3 contracts

Samples: Membership & Account Agreement, Membership & Account Agreement, Membership & Account Agreement

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Processing Payments. The amount of your requested xxxx payments Xxxx Payment will be deducted from your account on the Scheduled Debit Date scheduled debit date and will be posted within two (2) business days of the date that the payment is transmitted to the payee. You will receive a confirmation number at the time of each transaction. Therefore, you must have sufficient funds available to cover your payment on the Scheduled Initiation Date.scheduled initiation date. There is a dollar limit of

Appears in 1 contract

Samples: Digital Banking Services Agreement

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Processing Payments. The amount of your requested xxxx payments will be deducted from your account on the Scheduled Debit Date and scheduled debit date unless it is paid by a check, then the check will be posted within two business days of clear your account after the date that the payment is transmitted to the payeepayee processes it. You will receive a confirmation number at the time of each transaction. Therefore, you must have sufficient funds available to cover your payment on the Scheduled Initiation Date.scheduled initiation date. There is a dollar limit of $25,000 per payment with a monthly limit of

Appears in 1 contract

Samples: Electronic Services Agreement

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