Common use of Stop Payment Order Request Clause in Contracts

Stop Payment Order Request. Any owner may request a stop payment order on any check or draft drawn on the owner’s account. To be binding the order must be in writing, dated, signed, and must accurately describe the check including the exact account number, check number and the exact amount of the check. This exact information is necessary for the credit union’s computer to identify the check. If we receive incorrect or incomplete information, we will not be responsible for failing to stop payment on the check. In addition, we must receive sufficient advance notice of the stop payment order to allow us a reasonable opportunity for us to act on it. If we re‐credit your account after paying a check over a valid and timely stop payment order, you agree to sign a statement describing the dispute with the payee, to assign to us all of your rights against the payee or other holders of the check and to assist us in any legal action.

Stop Payment Order Request. Any owner may request a stop payment order on of any check drawn or draft ACH debit drawn on the owner’s account. To be binding the binding, a stop payment order must be in writing, dated, signed, and must accurately describe the check check, or transaction, including the exact account number, the check number or draft number, and the exact amount of the check. This exact information is necessary for the credit union’s computer to identify the check. If we receive incorrect or incomplete information, we will not be responsible for failing to stop payment on the check. In addition, we you must receive provide sufficient advance notice of Notice to the Credit Union for a stop payment order to allow us a reasonable opportunity for us to act on it. If we re‐credit re-credit your account after paying a check over a valid and timely stop payment order, you agree to sign a statement describing the dispute with the payee, to assign to us all of your rights against the payee or other holders of the check check, and to assist assign us in any legal action.

Stop Payment Order Request. Any owner may request a stop payment order on any check or draft drawn on the owner’s account. To be binding binding, the order must be in writing, dated, dated and signed, and must accurately describe the check check, including the exact account number, the check number number, and the exact amount of the check. This exact information is necessary for the credit unionCredit Union’s computer to identify the check. If we receive incorrect or incomplete information, we will not be responsible for failing to stop payment on the check. In addition, we must receive sufficient advance notice of the stop payment order to allow us a reasonable opportunity for us to act on it. If we re‐credit recredit your account after paying a check over a valid and timely stop payment order, you agree to sign a statement describing the dispute with the payee, to assign to us all of your rights against the payee or other holders of the check check, and to assist us in any legal action.