Stopping Payments. If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here’s how: Call us at (000)000-0000, toll free at (000) 000-0000 or write us at Essex Savings Bank, XX Xxx 000, Xxxxx, XX 00000 Attn: Deposit Operations Department, in time for us to receive your request 3 (three) business days or more before the payment is scheduled to be made. If you call, we will require you to put your request in writing and get it to us within 14 (fourteen) days after you call. Oral instructions are good for 14 (fourteen) days and written stop payment instructions are good for 6 (six) months unless we receive written notice to remove it or renew it before the 6 (six) month period expires. You may, subject to the Operating Rules of the National Automated Clearing House Association, place a stop payment on ACH debits to your account if you provide us with notice in such a time and manner that allows us a reasonable opportunity to act on the stop payment order prior to acting on the debit entry. We will not be liable for failing to stop payment on an ACH debit (i) if we do not have a reasonable period of time to act before the ACH debit is paid, (ii) if, as applicable, you fail to notify us that your check was converted to an ACH debit entry, or (iii) if you failed to provide us with enough information to identify the transaction.
Stopping Payments. Once the on-line payment has been processed, you CANNOT delete or stop BILL PAYMENTS settled electronically, or e-PAYMENTS. You may be able to stop a BILL PAYMENT only if it has been paid by paper check. To stop an on-line paper payment, contact the FI’s customer service department. The FI will only be able to stop the on-line check payment if the paper check has not cleared and is able to process the stop payment request before the check clears. To be effective, this type of stop payment request must precisely identify the name of the Payee, the Payee-assigned account number, payment amount and date you scheduled the payment to be processed. If you call, Financial Institution will also require you to put your request in writing and get it to Financial Institution within fourteen (14) calendar days after you call. Financial Institution will charge your account our regular fee for each stop payment order you give. Financial Institution will not be responsible for failing to act on a stop payment if you do not give Financial Institution the correct Payee information or if Financial Institution do not have a reasonable opportunity to process the stop payment order.
Stopping Payments. 4.1 You may stop the payment of a cheque or a related item You have issued before it is presented for payment unless the Bank has made a commitment to pay it, for example, certified it good for payment.
Stopping Payments. 8.7.1 You can ask us to stop a payment by contacting a branch or using the contact details in the Key Facts Document. If you are stopping a Direct Debit you must tell the person to whom the Direct Debit is payable. After we receive your instruction, we will stop the payment provided that:
Stopping Payments. Except for Card transactions you have authorized to occur in advance (by authorizing a participating merchant to debit one or more future purchases to your Account using the Card number and other Card-identifying information), once you submit a Card transaction for processing, you cannot stop payment on or processing of that transaction. For Card transactions you have authorized to occur in advance, you may contact us at least three (3) Business Days before the next scheduled transaction to stop payment of that transaction (and, if applicable, all future scheduled transactions you have authorized that merchant to initiate automatically using the Card number and other Card-identifying information). You may contact us by calling customer service at 0-000-000-0000. Please include the name of the participating merchant scheduled to receive the payment(s) you wish to stop, the dollar amount of the future Card transaction(s) you wish to stop, and the date(s) on which the Card transaction(s) is/are scheduled to be initiated. (The "Additional Important Information About Electronic Funds Transfers (EFTs), including Automated Clearing House (ACH) Transactions" subsection of the Agreement has additional information about stop payment requests for EFTs you have authorized a third party to initiate from your Account.)
Stopping Payments. To stop a recurring ACH transfer to a Merchant you preauthorized to debit your Account, please contact the Merchant to request cancellation of the recurring payment.
Stopping Payments. Once the on-line payment has been processed, you CANNOT delete or stop Xxxx Payments settled electronically, or e-Payments. You may be able to stop a Xxxx Payment only if it has been paid by paper check. To stop an on-line paper payment, contact FNCU. Only FNCU will be able to stop the on-line check payment if the paper check has not cleared and is able to process the stop payment request before the check clears. To be effective, this type of stop payment request must precisely identify the name of the Payee, the Payee-assigned account number, payment amount and date you scheduled the payment to be processed. If you call, FNCU will also require you to put your request in writing and get it to FNCU within fourteen (14) calendar days after you call. FNCU will charge your account our regular fee for each stop payment order you give. FNCU will not be responsible for failing to act on a stop payment if you do not give FNCU the correct Payee information or if FNCU does not have a reasonable opportunity to process the stop payment order.
Stopping Payments. If you authorize a Payment, including a recurring or automatic Payment, you may ask us not to pay it but only if we have not debited your Checking Account in the amount of the Payment. You can do this by calling the Xxxx Pay Service operated by Metavante, our third party provider at 1-800-823-7555. Any such request must be timely and reasonably describe the Payment by the exact dollar amount of the Payment, the name of the Payee and any other information that would assist us in identifying the Payment. We must receive your request in such a way and in time for us to be able to act on it. Oral requests are valid only for 14 days. If you do not confirm your oral request in writing during this time period, and the Payment is scheduled to be issued following the expiration of this time period, we may issue the Payment without any liability to you. If you would like your request to remain effective for a longer period of time, you must provide us with a written request. A written request will be valid for 6 months, unless you renew your request before the expiration of this time period. Otherwise, if you do not timely renew your request in writing before the expiration of this time period and the Payment is scheduled to be issued following the expiration of this time period, we may issue the Payment without any liability to you. Although we will make every effort to accommodate a stop Payment request, we will have no liability for failing to do so if we have not received your request in a timely manner. We will charge you a fee for each such request you make. This fee is disclosed in our Fee Schedule.
Stopping Payments. If you do not want us to pay a check written on your Account, you may instruct us to stop a payment by contacting us either in person at one of our branches, by telephone, or via Online Banking and providing us with (a) your Account number; (b) the number, date and amount of the item; and (c) the payee. Note that you will be charged a stop payment fee for each stop payment request. (Please see our Consumer Fee Schedule) You must provide us with accurate and complete information or your request may not be fulfilled in time. You must instruct us to stop a payment before one hour after the opening of the next banking day after the banking day on which we receive the item. We will process all valid stop payment instructions immediately upon your notification and authorization. Generally, if you instruct us to stop a payment, it will be effective for six (6) months but you must renew it if you want it to be effective after those six (6) months. You may cancel a stop payment at any time so long as you do so in enough time and in a manner that gives us a reasonable opportunity to act on such cancellation. If you instruct us to stop a payment on an item and we stop payment but incur damages or expenses as a result, you will indemnify us for those damages and expenses, including attorneys' fees. You agree that we have all rights that you may have against the payee or holder of the item. Nevertheless, the payee or anyone holding the item may be entitled to enforce payment against you despite our stopping of the payment.
Stopping Payments. If you request, we will make a reasonable effort to stop or recover a payment transaction made to the wrong person or entity once informed, but we do not guarantee such stoppage or recovery and will bear no responsibility or liability for damages resulting from incorrect information entered by the Sender or Recipient. We will use reasonable efforts to complete all your payment transactions properly. However, we shall incur no liability if we are unable to complete any transaction because of the existence of any one or more of the following circumstances: • If, through no fault of ours, the Eligible Transaction Account does not contain sufficient funds to complete the payment transaction or the payment transaction would exceed the limit of your overdraft account; • The One 2PayTM Service is not working properly and you know or have been advised by us about the malfunction before you execute the payment transaction; • The payment is refused; • You have not provided us with the correct information, including but not limited to the correct Payment Instructions or Eligible Transaction Account information, or the correct name and address or mobile phone number of the Recipient to whom you are initiating a payment transaction; and/or, • Circumstances beyond our control (such as, but not limited to, fire, flood, network or system down time, issues with the financial institution, or interference from an outside force) prevent the proper execution of the payment transaction and we have taken reasonable precautions to avoid those circumstances.
