Common use of Setting Up Payments Clause in Contracts

Setting Up Payments. You may set up one time or recurring payments to your Payees. To set up a payment, you must select a Payee from your Payee List, and follow the instructions for scheduling a payment. You are responsible for canceling, skipping, rescheduling or revising any recurring payments. The Service Provider and/or we retain the right to refuse to or cancel a Payment for any reason. Requested Payments are forwarded to our Service Provider who will transfer the funds to the Payee either electronically or by sending the Payee a paper check. If the funds are sent electronically, your payments will be deducted from your account by a direct automated clearinghouse (ACH) debit through Federal Reserve Banking channels. Payments made via ACH are subject to the rules of the National Automated Clearing House Association (NACHA). The minimum per Payment amount is $1.00. When you schedule a Bill Payment that will be made by check, the Payment will be treated as if you wrote a check drawn from your Account. A check will be printed and sent regardless of the balance in your Account. If sufficient funds are not available in your designated account when the check is presented for payment, we may refuse to honor the check and return it unpaid. At our sole discretion, we may elect to pay the check regardless of the insufficient funds. In either event, your qualified designated Account will be charged our then current fee for processing insufficient items, whether the check is paid or returned, as applicable. You are responsible for any loss or penalty that you may incur due to a lack of sufficient funds or other conditions that may prevent the withdrawal of funds from your Account. Bill Payments made by paper checks processed by nonaffiliated third parties may show as drawn on the third party processor or its bank rather than on you or on us. If Payment is to be made electronically and your Account does not have sufficient available funds to make a Payment as of the date the transfer or Payment is attempted or scheduled to be made, the Transfer or Payment will be canceled and you will be notified via the Online Bill Payment Service’s Secure Messaging center. The Bank shall have no obligation or liability if it does not complete a Transfer or Payment because there are insufficient available funds in your account to process a transaction. In all cases, you are responsible for either making alternate arrangements for the Payment or rescheduling the Payment through the Service. In the case of recurring Payments, only the Payment currently scheduled will be canceled. Recurring Payments schedule for future dates will not be affected.

Setting Up Payments. You may set up one time or recurring payments to your Payees. To set up a payment, you must select a Payee from your Payee List, and follow the instructions for scheduling a payment. You are responsible for canceling, skipping, rescheduling or revising any recurring payments. The Service Provider and/or we retain the right to refuse to or cancel a Payment for any reason. Requested Payments are forwarded to our Service Provider who will transfer the funds to the Payee either electronically or by sending the Payee a paper check. If the funds are sent electronically, your payments will be deducted from your account by a direct automated clearinghouse (ACH) debit through Federal Reserve Banking channels. Payments made via ACH are subject to the rules of the National Automated Clearing House Association (NACHA). The minimum per Payment amount is $1.00. When you schedule a Bill Xxxx Payment that will be made by check, the Payment will be treated as if you wrote a check drawn from your Account. A check will be printed and sent regardless of the balance in your Account. If sufficient funds are not available in your designated account when the check is presented for payment, we may refuse to honor the check and return it unpaid. At our sole discretion, we may elect to pay the check regardless of the insufficient funds. In either event, your qualified designated Account will be charged our then current fee for processing insufficient items, whether the check is paid or returned, as applicable. You are responsible for any loss or penalty that you may incur due to a lack of sufficient funds or other conditions that may prevent the withdrawal of funds from your Account. Bill Xxxx Payments made by paper checks processed by nonaffiliated third parties may show as drawn on the third party processor or its bank rather than on you or on us. If Payment is to be made electronically and your Account does not have sufficient available funds to make a Payment as of the date the transfer or Payment is attempted or scheduled to be made, the Transfer or Payment will be canceled and you will be notified via the Online Bill Xxxx Payment Service’s Secure Messaging center. The Bank shall have no obligation or liability if it does not complete a Transfer or Payment because there are insufficient available funds in your account to process a transaction. In all cases, you are responsible for either making alternate arrangements for the Payment or rescheduling the Payment through the Service. In the case of recurring Payments, only the Payment currently scheduled will be canceled. Recurring Payments schedule for future dates will not be affected.

Setting Up Payments. You may set up one time or recurring payments to your Payees. To set up a payment, you must select a Payee from your Payee List, and follow the instructions for scheduling a payment. You are responsible for canceling, skipping, rescheduling or revising any recurring payments. The Service Provider and/or we retain the right to refuse to or cancel a Payment for any reason. Requested Payments are forwarded to our Service Provider who will transfer the funds to the Payee either electronically or by sending the Payee a paper check. If the funds are sent electronically, your payments will be deducted from your account by a direct automated clearinghouse (ACH) debit through Federal Reserve Banking channels. Payments made via ACH are subject to the rules of the National Automated Clearing House Association (NACHA). The minimum per Payment amount is $1.00. When you schedule a Bill Payment that will be made by check, the Payment will be treated as if you wrote a check drawn from your Account. A check will be printed and sent regardless of the balance in your Account. If sufficient funds are not available in your designated account when the check is presented for payment, we may refuse to honor the check and return it unpaid. At our sole discretion, we may elect to pay the check regardless of the insufficient funds. In either event, your qualified designated Account will be charged our then current fee for processing insufficient items, whether the check is paid or returned, as applicable. You are responsible for any loss or penalty that you may incur due to a lack of sufficient funds or other conditions that may prevent the withdrawal of funds from your Account. Bill Payments made by paper checks processed by nonaffiliated third parties may show as drawn on the third party processor or its bank rather than on you or on us. If Payment is to be made electronically and your Account does not have sufficient available funds to make a Payment as of the date the transfer or Payment is attempted or scheduled to be made, the Transfer or Payment will be canceled and you will be notified via the Online Bill Payment Service’s Secure Messaging center. The Bank shall have no obligation or liability if it does not complete a Transfer or Payment because there are insufficient available funds in your account to process a transaction. In all cases, you are responsible for either making alternate arrangements for the Payment or rescheduling the Payment through the Service. In the case of recurring Payments, only the Payment currently scheduled will be canceled. Recurring Payments schedule for future dates will not be affected.