Setting Up Payees and Payment Requests Sample Clauses

Setting Up Payees and Payment Requests. For each Payee, Customer must log on to EBIB and enter the correct Payee name and Payee address (including city, state and zip code) in order to initiate a payment via the Bill Pay Service. If a Payee has assigned Customer an account number regarding the bill, Customer should enter such account number in the area designated for account number. Customer must designate the amount to be paid to each Payee and the Delivery Date on which the payment should be delivered. Customer must further indicate which Designated Account to charge for each payment if there is more than one such Designated Account selected for the Bill Pay Service. When scheduling a payment, the Bill Pay Service will default to the earliest possible Delivery Date for each Payee (typically four (4) or fewer Business Days from the then current date) and will not permit Customer to select a Delivery Date prior to that date. As such, Customer bears sole responsibility for timely entering a payment request and selecting a Delivery Date far enough in advance of the due date on the statement provided by the Payee to ensure timely payment of the statement. The Delivery Date is only an estimated date and not a guaranty and Customer should enter a Delivery Date that will result in no less than a five (5) Business Day interval between the Delivery Date and the date the payment is actually due. Bank shall have no responsibility for Customer’s failure to timely schedule a payment with a Delivery Date sufficiently in advance to ensure timely payment.