Stop Payment Orders. If you do not want us to pay a specific written instrument, such as a personal check, you can ask us to place a “Stop Payment Order” (“SPO”) on the instrument. You can notify us by mail, by telephone, electronically, or in person. Any such instruction must be given to a teller, member service representative, or branch manager of the Credit Union. Your SPO will take effect when we record it on your account. An SPO will not be valid and binding on us unless your SPO includes your account number, the number and date of the written instrument, the name(s) of the payee(s), and the exact amount of the instrument. Only the person placing the SPO may release the SPO. We will charge you a service charge for any SPO as set forth in the Schedule. If you give an oral SPO that is not confirmed in writing by you or us within fourteen (14) days, your SPO will expire and the instrument may thereafter be paid by us.
Appears in 3 contracts
Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement
Stop Payment Orders. If you do not don’t want us to pay a specific written instrument, instrument such as a personal check, you can ask us to place a “Stop Payment Order” (“SPO”) on the instrument. You can notify us by mail, by telephone, electronically, or in person. Any such instruction must be given to a teller, member financial service representative, representative or branch manager of the Credit Union. Your SPO will take effect when we record it on your account. An A SPO will not be valid and binding on us unless your SPO includes your account number, the number and date of the written instrument, the name(s) of the payee(s), and the exact amount of the instrument. Only the person placing the SPO may release the SPO. We will charge you a service charge for any SPO as set forth in the Schedule. If you give an oral SPO that is not confirmed in writing by you or us within fourteen (14) days, your SPO will expire and the instrument may thereafter be paid by us.. If you provide written confirmation, your SPO will be effective for a period of six
Appears in 3 contracts
Samples: Membership Agreement, www.cuonthegrid.com, www.cuonthegrid.com
Stop Payment Orders. If you do not don’t want us to pay a specific written instrument, instrument such as a personal check, you can ask us to place a “Stop Payment Order” (“SPO”) on the instrument. You can notify us by mail, by telephone, electronically, or in person. Any such instruction must be given to a teller, member service representative, representative or branch manager of the Credit Union. Your SPO will take effect when we record it on your account. An A SPO will not be valid and binding on us unless your SPO includes your account number, the number and date of the written instrument, the name(s) of the payee(s), and the exact amount of the instrument. Only the person placing the SPO may release the SPO. We will charge you a service charge for any SPO as set forth in the Schedule. If you give an oral SPO that is not confirmed in writing by you or us within fourteen (14) days, your SPO will expire and the instrument may thereafter be paid by us.
Appears in 1 contract
Samples: Membership and Account Agreement
Stop Payment Orders. If you do not don’t want us to pay a specific written instrument, instrument such as a personal check, you can ask us to place a “Stop Payment Order” (“SPO”) on the instrument. You can notify us by mail, by telephonetelephone (SAFEtouch), electronically, or in person. Any such instruction must be given to a teller, member service representative, representative or branch manager of the Credit Union. Your SPO will take effect when we record it on your account. An A SPO will not be valid and binding on us unless your SPO includes your account number, the number and date of the written instrument, the name(s) of the payee(s), and the exact amount of the instrument. Only the person placing the SPO may release the SPO. We will charge you a service charge for any SPO as set forth in the Schedule. If you give an oral SPO that is not confirmed in writing by you or us within fourteen (14) days, your SPO will expire and the instrument may thereafter be paid by us.
Appears in 1 contract
Samples: www.safefed.org