Common use of Scheduling Payments Clause in Contracts

Scheduling Payments. You must enter the Due Date for any payment or specify a payment rule in the system that will automatically establish a Due Date for you. We will use the Due Date you enter to establish a Processing Date, which will be a reasonable number of Business Days prior to the Due Date to allow enough time to complete the payment prior to the Due Date. The Processing Date is typically four (4) Business Days prior to the Scheduled Payment Date (or two (2) Business Days for payments to be made by Electronic Payment). It is your responsibility to select a Due Date so that the payment will arrive by any Actual Due Date. You should specify the Business Day prior to your Actual Due Date if the Actual Due Date falls on a non-

Appears in 3 contracts

Samples: Direct Connect Service Agreement, Direct Connect Service Agreement, Direct Connect Service Agreement

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Scheduling Payments. You must enter the Due Date for any payment or specify a payment rule in the system that will automatically establish a Due Date for you. We will use the Due Date you enter to establish a Processing Date, which will be a reasonable number of Business Days prior to the Due Date to allow enough time to complete the payment prior to the Due Date. The Processing Date is typically four (4) Business Days prior to the Scheduled Payment Date (or two (2) Business Days for payments to be made by Electronic Payment). It is your responsibility to select a Due Date so that the payment will arrive by any Actual Due Date. You should specify the Business Day prior to your Actual Due Date if the Actual Due Date falls on a non-by

Appears in 2 contracts

Samples: Direct Connect Service Agreement, Direct Connect Service Agreement

Scheduling Payments. You must enter the Due Date due date for any payment payment, or specify a payment rule in the system that will automatically establish a Due Date due date for you. We will use the Due Date due date you enter to establish a Processing Dateprocessing date, which will be a reasonable number of Business Days business days prior to the Due Date due date to allow enough time to complete the payment prior to the Due Datedue date. The Processing Date processing date is typically four (4) Business Days business days prior to the Scheduled Payment Date scheduled payment date (or two (2) Business Days business days for payments to be made by Electronic Payment). It is your responsibility to select a Due Date due date so that the payment will arrive by any Actual Due Datethe actual due date specified on the xxxx or statement. You should specify the Business Day business day prior to your Actual Due Date actual due date if the Actual Due Date actual due date falls on a non-non-business day. If a system payment rule calculates a due date that falls on a non-business day, the system will adjust the due date to the next earliest business day.

Appears in 1 contract

Samples: Direct Business and Direct Business Plus Internet Banking User Terms and Conditions Agreement

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Scheduling Payments. You must enter the Due Date for any payment payment, or specify a payment rule in the system that will automatically establish a Due Date for you. We will use the Due Date you enter to establish a Processing Date, which will be a reasonable number of Business Days prior to the Due Date to allow enough time to complete the payment prior to the Due Date. The Processing Date is typically four (4) Business Days prior to the Scheduled Payment Date (or two (2) Business Days for payments to be made by Electronic Payment). It is your responsibility to select a Due Date so that the payment will arrive by any Actual Due Date. You should specify the Business Day prior to your Actual Due Date if the Actual Due Date falls on a non-the

Appears in 1 contract

Samples: Direct Connect Service Agreement

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