Common use of Right to Stop Payment and Procedure Clause in Contracts

Right to Stop Payment and Procedure. for Doing So— If you have told us in advance to make regular pay- ments to third parties or authorized a third party to debit your account (“pre-authorized payments”) you may stop any of these payments as provided below. Your payments from your accounts to us are governed by the terms of the auto- matic payment authorization form and not this Electronic Fund Transfer Agreement and Disclosure. Stop Payment on Preauthorized Payments Orig- inated by Us—If you have authorized us in writing and in advance to debit your account to make payments to a third party and you wish to stop these preauthorized payments, you must call us at 000 000 0000, write to us at the address at the end of this disclosure, or send us a secure message in Online Banking before the next payment is scheduled to be made and in time for us to have a reasonable opportunity to act upon it. We will not charge you for a stop payment on a pre-autho- rized payment to a third party initiated and originated by us. Your oral or written stop payment notice to us will stop all future payments in the same amount to the same third party. If you provide us with an oral stop payment order, you must send us a written confirmation of the stop payment order within 14 days of your initial oral request to us. Stop Payment on Preauthorized Payments Orig- inated by Third Party—If you have authorized a third party to make pre-authorized payments from your account, and wish to stop these preauthorized payments you must revoke that authorization with the third party and send us a copy of your written revocation. To stop your pre-authorized payments initiated and originated by a third party from your account with the Credit Union you must call us at 000 000 0000, write to us at the address at the end of this disclosure, or send us a secure message in Online Banking in time for us to receive your request 3 business days or more before the payment is scheduled to be made. The charge for each stop payment order you give us is listed in our Fee Schedule and available on our website at BFSFCU. org. Your oral or written stop payment notice to us will stop all future payments in the same amount, to the same third party. If you provide us with an oral stop payment order, you must send us a written confirmation of the stop payment order within 14 days of your initial oral request to us.

Appears in 1 contract

Samples: Your Rights and Responsibilities

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Right to Stop Payment and Procedure. for Doing So— If you have told us in advance to make regular pay- ments to third parties or authorized a third party to debit your account (“pre-authorized payments”) you may stop any of these payments as provided below. Your payments from your accounts to us are governed by the terms of the auto- matic payment authorization form and not this Electronic Fund Transfer Agreement and Disclosure. Stop Payment on Preauthorized Payments Orig- inated by Us—If you have authorized us in writing and in advance to debit your account to make payments to a third party and you wish to stop these preauthorized payments, you must call us at 000 000 0000, 0000 or write to us at the address at the end of this disclosure, or send us a secure message in Online Banking disclosure before the next payment is scheduled to be made and in time for us to have a reasonable opportunity to act upon it. We will not charge you for a stop payment on a pre-autho- rized authorized payment to a third party initiated and originated by us. Your oral or written stop payment notice to us will stop all future payments in the same amount to the same third party. If you provide us with an oral stop payment order, you must send us a written confirmation of the stop payment order within 14 days of your initial oral request to us. Stop Payment on Preauthorized Payments Orig- inated by Third Party—If you have authorized a third party to make pre-authorized payments from your account, and wish to stop these preauthorized payments you must revoke that authorization with the third party and send us a copy of your written revocation. If you do not give us a copy of your revocation notice within 14 days of your initial oral request to us, we may honor subsequent debits from the person or company against your account. To stop your pre-authorized payments initiated and originated by a third party from your account with the Credit Union you must call us at 000 000 0000, 0000 or write to us at the address at the end of this disclosure, or send us a secure message in Online Banking disclosure in time for us to receive your request 3 business days or more before the payment is scheduled to be made. The charge for each stop payment order you give us is listed in our Fee Schedule provided to you and available on our website at BFSFCU. orgwebsite. Your oral or written stop payment notice to us will stop all future payments in the same amount, to the same third party. If you provide us with an oral stop payment order, you must send us a written confirmation of the stop payment order within 14 days of your initial oral request to us.

Appears in 1 contract

Samples: Your Rights and Responsibilities

Right to Stop Payment and Procedure. for Doing So— If you have told us in advance to make regular pay- ments to third parties or authorized a third party to debit your account (“pre-authorized payments”) you may stop any of these payments as provided below. Your payments from your accounts to us are governed by the terms of the auto- matic automatic payment authorization form and not this Electronic Fund Transfer Agreement and Disclosure. Stop Payment on Preauthorized Payments Orig- inated by Us—If you have authorized us in writing and in advance to debit your account to make payments to a third party and you wish to stop these preauthorized payments, you must call us at 000 000 0000, write to us at the address at the end of this disclosure, or send us a secure message in Online Banking before the next payment is scheduled to be made and in time for us to have a reasonable opportunity to act upon it. We will not charge you for a stop payment on a pre-autho- preautho- rized payment to a third party initiated and originated by us. Your oral or written stop payment notice to us will stop all future payments in the same amount to the same third party. If you provide us with an oral stop payment order, you must send us a written confirmation of the stop payment order within 14 days of your initial oral request to us. Stop Payment on Preauthorized Payments Orig- inated by Third Party—If you have authorized a third party to make pre-authorized preauthorized payments from your account, and wish to stop these preauthorized payments you must revoke that authorization with the third party and send us a copy of your written revocation. To stop your pre-authorized preauthorized payments initiated and originated by a third party from your account with the Credit Union you must call us at 000 000 0000, write to us at the address at the end of this disclosure, or send us a secure message in Online Banking in time for us to receive your request 3 business days or more before the payment is scheduled to be made. The charge for each stop payment order you give us is listed in our Fee Schedule and available on our website at BFSFCU. org. Your oral or written stop payment notice to us will stop all future payments in the same amount, to the same third party. If you provide us with an oral stop payment order, you must send us a written confirmation of the stop payment order within 14 days of your initial oral request to us.

Appears in 1 contract

Samples: bfsfcu.org

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Right to Stop Payment and Procedure. for Doing SoIf you have told us in advance to make regular pay- ments payments to third parties or authorized a third party to debit your account (“pre-authorized payments”) you may stop any of these payments as provided below. Your payments from your accounts to us are governed by the terms of the auto- matic automatic payment authorization form and not this Electronic Fund Transfer Agreement and Disclosure. Stop Payment on Preauthorized Payments Orig- Orig­ inated by Us—If you have authorized us in writing and in advance to debit your account to make payments to a third party and you wish to stop these preauthorized paymentspay- ments, you must call us at 000 000 0000, write to us at the address at the end of this disclosure, or send us a secure message via the Message Center in Online Digital Banking before the next payment is scheduled to be made and in time for us to have a reasonable opportunity to act upon it. We will not charge you for a stop payment on a pre-autho- rized preauthorized payment to a third party initiated and originated by us. Your oral or written stop payment notice to us will stop all future payments in the same amount to the same third party. If you provide us with an oral stop payment order, you must send us a written confirmation of the stop payment order within 14 days of your initial oral request to us. Stop Payment on Preauthorized Payments Orig- Orig­ inated by Third Party—If you have authorized a third party to make pre-authorized preauthorized payments from your account, and wish to stop these preauthorized payments you must revoke that authorization with the third party and send us a copy of your written revocation. To stop your pre-authorized preauthorized payments initiated and originated origi- nated by a third party from your account with the Credit Union you must call us at 000 000 0000, write to us at the address at the end of this disclosure, or send us a secure message via the Message Center in Online Digital Banking in time for us to receive your request 3 business days or more before the payment is scheduled to be made. The charge for each stop payment order you give us is listed in our Fee Schedule and available on our website at BFSFCU. orgXXXXXX.xxx. Your oral or written writ- ten stop payment notice to us will stop all future payments in the same amount, to the same third party. If you provide us with an oral stop payment order, you must send us a written confirmation of the stop payment order within 14 days of your initial oral request to us.

Appears in 1 contract

Samples: bfsfcu.org

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