Common use of Right to Stop Payment of Preauthorized Transfers Clause in Contracts

Right to Stop Payment of Preauthorized Transfers. To stop a preauthorized electronic payment or transfer, please contact us in person or at the phone numbers in the Rate and Fee Schedule. You must call in time for us to receive your request and to be able to act upon it, which in the case of these electronic payments, is at least three business days before the transfer is scheduled to occur. We may also require you to put your request in writing and forward it to us within 14 days after you call. If you order us to stop one of these payments at least 3 business days before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages.

Appears in 3 contracts

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

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Right to Stop Payment of Preauthorized Transfers. To stop a preauthorized electronic payment or transfer, please contact call us in person or at the phone numbers in the Rate and Fee Schedule. You must call in time for us to receive your request and to be able to act upon it, which in the case of these electronic payments, is at least three business days before the transfer is scheduled to occur. We may also require you to put your request in writing and forward it to us within 14 days after you call. If you order us to stop one of these payments at least 3 business days before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages.

Appears in 3 contracts

Samples: Membership Account Agreement, Electronic Funds Transfers Agreement, Electronic Funds Transfers Agreement

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Right to Stop Payment of Preauthorized Transfers. To stop a preauthorized electronic payment or transfer, please visit our Online Banking site at xxxxxxxxxxxxxxxxxxxx.xxx or contact us in person or at the phone numbers in the Rate and Fee Schedule. You must call in time for us to receive your request and to be able to act upon it, which in the case of these electronic payments, is at least three business days before the transfer is scheduled to occur. We may also require you to put your request in writing and forward it to us within 14 days after you call. If you order us to stop one of these payments at least 3 business days before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages.

Appears in 2 contracts

Samples: Electronic Funds Transfers Agreement, Membership Account Agreement

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