Stop Payment Service. Customer may stop payment on a check by providing the Bank with timely, complete and accurate information on: the number of the account in question; the date of the item; the item number; the payee information; and the EXACT amount of the item (dollars and cents). Stop payment requests are valid for Six Months (180 days) from the date the order is accepted. At expiration, an order may be renewed for an additional six months at Customer’s request. If any information is incomplete or incorrect, the Bank will not be responsible for failing to stop payment on the item. Stop Payments post 24 hours a day and stop payment fees post the same day if the Stop Payment request is received before 7:00 p.m. Pacific Time. Stop Payment requests become effective when the Bank confirms their receipt and has verified that the item has not been paid. From time-to-time, the on-line System may be inoperable. If that occurs, Customer’s request can be communicated to the Bank by telephone or in writing. Customer understands that there may be claims or demands made against the Bank as a result of Xxxxxxxx’s stop payment request. If any claim or demand of whatever nature is made against the Bank with respect to the stop payment order and/or the item itself, Customer agrees to indemnify and defend the Bank and to reimburse the Bank for any such claims or demands, and for reasonable costs, expenses, or attorneys’ fees that the Bank may incur in defending itself against any such claims or demands. Customer understands that the Bank will use all reasonable efforts to comply with a stop payment order. However, Customer understands fully that unless the item number, the date of the item, and the amount of the item are correctly entered on the stop payment order, the Bank assumes no responsibility for stopping payment and is not liable to Customer if a stop payment cannot be accomplished. Stop-payment requests made through the System may only be used for paper checks written from an account, and not for electronic or ACH debit transactions.
Stop Payment Service. You may stop payment on a check by providing us with timely, complete and accurate information on: the number of the account in question; the date of the item; the item number; the payee information; and the EXACT amount of the item (dollars and cents). If any information is incomplete or incorrect, we will not be responsible for failing to stop payment on the item. Requests become effective when we confirm their receipt and have verified that the item has not been paid. From time-to-time, the on-line system may be inoperable. If that occurs, your request can be communicated to us by telephone or in writing.
Stop Payment Service. You may use Online Business Banking to stop payment on a check issued by you outside if the Online Business Banking System by following the directions provided on the Service. If any information is incomplete or incorrect, we will not be responsible for failing to stop payment on the item. Requests become effective when we confirm their receipt and have verified that the item has not been paid. Requests must be received by 4:30PM ET on a Business Day or they will be processed on the next Business Day. If the Stop Payment Service is inoperable for any reason, you are responsible for using alternative ways available and permitted to submit your stop payment request and we will not be responsible for any delay that you may encounter caused by the Service being unavailable.
Stop Payment Service. The stop payment function allows you to stop payment on a check written against your checking account or Money Market account. To stop payment on a check, you must provide us with timely, complete and accurate information on: the account number the item is drawn on; the date of the item; the item number; the payee information and the EXACT amount of the item (dollars and cents). If any information is incomplete or incorrect, we will not be responsible for failing to stop payment on the item. A stop payment request becomes effective when we confirm its receipt and have verified that the item has not been paid. From time-to-time, the on-line system may be inoperable. If that occurs, your stop payment request can be communicated to us by telephone at 000-000-0000 or by going into a Cathay Bank office during regular business hours.
Stop Payment Service. You may initiate stop payment requests for checks you have written on your Accounts if the item has not already been presented. To stop payment on a check, you must provide us with complete and accurate information on: the Account number in question; the date of the item; the item number; the payee information; and the EXACT amount of the item (dollars and cents). If any information is incomplete or incorrect, we will not be responsible for failing to stop payment on the item. Requests become effective when we confirm receipt and have verified that the item has not been paid. From time-to- time, this Service may be inoperable. If that occurs, your request can be communicated to us by telephone or in writing. Stop payments will be effective for 6 months, and you will be charged a fee for any stop payment request in accordance with the applicable Fee Schedule. Each continuation of a stop payment request will be treated as a new request and will incur fees accordingly.
Stop Payment Service. A stop payment may be requested on any UNPAID check. All stop payment requests must be authorized in writing in order for the stop payment to remain valid for 12 months. Any stop payment request made by telephone will be valid for 14 calendar days until a written form is received. A stop payment processing fee will be charged. There will also be a processing fee for canceling a stop payment request, and we require the cancellation order in writing. Refer to the current Consumer Fee Schedule.
Stop Payment Service. This stop payment service is a Service subject to the terms and conditions of the Agreement. Capitalized terms used but not defined herein shall have the meanings ascribed in the Agreement. Customer may use the stop payment service to stop payment of any paper checks drawn on its checking accounts with Bank (the “Checking Accounts”), as provided herein. Customer may stop payment of a paper check drawn on a Checking Account (the “Check”) by entering the required information that Bank may request on AuburnBank Online, as more particularly described in Section 2 below. To be effective, Bank must receive any stop payment order in time for Bank to have a reasonable opportunity to act on the order before the earlier of the time the Check has been paid by Bank or Bank’s stop payment cutoff time, and by paying the Bank’s stop payment service fee. Bank’s stop payment cutoff time is 5:00 p.m. Central Time on the Banking Day on which Bank receives the Check or noon Central Time on a Banking Day during which Bank closes prior to 5:00 p.m. Central Time. Customer and Bank agree to conduct this Service electronically and intend that stop payment orders transmitted by AuburnBank Online be considered written stop payment orders. Customer may issue stop payment orders without using AuburnBank Online, as provided in the Account Agreement. Payments and funds transfers issued by other means, whether initiated using the AuburnBank Online Service or outside of its functionality, cannot be stopped using this stop payment service. Customer understands that the stop payment service works only with paper checks issued by Customer and that Bank cannot process a stop payment order transmitted by AuburnBank Online for ACH transactions, debit card transactions or other electronic items.
Stop Payment Service. You may stop the payment of a check or other transaction by following the procedures established for the specific Service. For ACH stop payments, call 0-000-000-0000 or visit one of our branches. To stop payment on a check, you must provide us with timely, complete and accurate information on: the number of the account in question; the date of the item; the item number; the payee information and the EXACT amount of the item (dollars and cents). If any information is incomplete or incorrect, we will not be responsible for failing to stop payment on the transaction. Requests become effective when we confirm their receipt and have verified that the item has not been paid. There is a fee for each request (effective for six months), whether or not we receive your request in time to act upon it. Requests received after our cutoff hour or on non-business days may be deemed received by us as of the start of the next business day. If our on-line system is not available for any reason, you can contact one of our local branch offices during our regular business hours to make yourrequest.
Stop Payment Service. The Stop Payment Service provides the Client the ability to initiate a stop payment order for a check drawn on a specified account with the Bank. Subject to certain limitations, you may order us to stop payment on an item payable from your account in the manner provided for in the Deposit Account Agreement Disclosure, the terms of which are incorporated herein by reference.
Stop Payment Service. Stop Payment Services allow you to provide an alternate entry system for initiating stop payment orders. In accord with each stop payment order you submit; we shall endeavor to stop payment on your check per your request. A fee for each stop payment order we receive will be assessed at the current rate as set by us from time to time. The fee schedule for our Services is available upon request. Properly executed stop payment orders or stop payment orders requested are effective for one hundred eighty (180) days after the date received and will automatically expire after that period, unless renewed in writing. Where you elect to execute stop payment requests through our Online Banking Services, we agree to enter the stop payment in our main computer system on the same day we receive the request, provided that we receive the request prior to the cut-off time as set by us. Prior to requesting a stop payment, you should verify that the item has not already been posted to your account(s). If a stopped item has already been paid prior to our receipt and entry of the stop payment request, then we shall not be liable for any loss incurred by you arising from the event. The cut-off time for stop payment orders to be processed on the same day will be set by us from time to time and is available upon request. We may, but are not obligated to, extend this cut-off time and, with prior notice to you, an earlier cut-off time may be required to address specific circumstances, such as holiday hours. Stop payment orders received after the cut-off time or on a weekend or holiday will be processed on the next Business Day. Prior to submitting any stop payment order, you must verify that all of the information in the stop payment order is accurate and complete. If there is any discrepancy between the information you provide in a stop payment order and the actual check, we shall be considered to be fully released from any liability or responsibility in regard to the check or any loss resulting therefrom. If a duplicate check is issued or if the original check is returned, you must notify us immediately.
