THE BILL PAYING PROCESS. The Financial Institution will process variable payments on the business day (generally Monday through Friday, except holidays) you designate the bill is to be processed, provided the payment request is received prior to the cut-off time set by the Financial Institution, which is currently 3:00PM (CHST). Variable bill requests received after the business day cut off time, or at any time on a non-business day will be processed on the next business day. The Financial Institution reserves its right to change the cut-off time by giving you notice if it changes. FOR RECURRING PAYMENT REQUESTS, IF YOU DESIGNATE A PROCESSING DATE OF THE 28TH THROUGH THE 31ST OF A MONTH, YOU MUST SELECT THE OPTION OF "LAST BUSINESS DAY" FOR PROCESSING TO BE ALWAYS BE INITIATED ON THE LAST CALENDAR DAY OF THE MONTH. Otherwise, recurring payment requests will be processed on the dates you have designated, unless such date falls on a non- business day resulting in your payment being processed on the next business day. YOU MUST ALLOW AT LEAST FIVE (5) BUSINESS DAYS, PRIOR TO THE DUE DATE, FOR EACH BILL PAYMENT (RECURRING OR VARIABLE) TO REACH THE MERCHANT. (IT IS THE RESPONSIBILITY OF THE SUBSCRIBER TO SCHEDULE/ACTIVATE RECURRING PAYMENTS) Due to circumstances beyond our control, some Merchants take longer to post payments than others. We suggest sending your first payment eight (8) business days in advance of the Due Date. After your first payment has posted you will have a better understanding of how much time to allow for each Merchant. You must select a Payment Date that is at least five (5) business days before the actual Due Date reflected on your Payee statement. If your actual Due Date falls on a non-business day you must select a Payment Date that is at least one business day before the actual Due Date. Payment Dates should be prior to any late date or grace period. When you have scheduled a payment, you authorize the Financial Institution to debit your Payment Account and remit funds on your behalf. You certify that your Payment Account is an account from which you are authorized to make payments and any payment you make will be debited from this account. You also authorize the credit of returned payments from using the Bill Pay Service. The Bill Pay Service will incur no liability and a Service Guarantee shall be void if the Bill Pay Service is unable to complete any payments initiated because of any of the following:
THE BILL PAYING PROCESS. Texas Bridge Credit Union will process variable payments on the business day (general Monday through Friday, except holidays) you designate the bill is to be processed, provided the payment request is received prior to the cutoff time set by TXBCU, which is currently 2:00 P.M.. CST on the date you schedule the payment. Variable bill requests received after the business day cut off time, or at any time on a non business day will be processed on the next business day. TXBCU reserves its right to change the cut off time by giving you notice if it changes. For recurring payment requests, if you designate a processing date of the 28th through the 31st of a month and this date falls in a short month, Processing will be initiated on the first business day of the month following that date. Otherwise, recurring payment requests will be processed on the dates you have designated, unless such date falls in a non business day resulting in your payment being processed on the next business day. You must allow at least (5) business days, prior to the due date, for each bill payment (recurring or variable) to reach the payer. It is your responsibility to schedule/activate payments to arrive by their due date. It is our recommendation that additional days be allowed for payments traveling more than 4 states away. For mountain states (Mountain Time Zones) allow a minimum of (7) days. For the West Coast and Hawaii (Pacific Time Zones) allow a minimum of eight (8) business days. You agree to have available and collected funds on deposits in the account you designate, on the processing date, in amounts sufficient to pay for all Bill Payments requested, as well as, any other payment obligations you have to TXBCU. TXBCU reserves the right, without liability, to reject or reverse a Bill Payment if you fail to comply with this requirement or any other terms of this agreement. If funds are not available on the requested processing date, your bill payments may be canceled and you will be assessed a $27.50 NSF (non-sufficient funds) or a $27.50 ACH Return Fee. If you do not exercise its right to reverse or reject a Bill Payment, you agree to pay for such payment obligations on demand. You further agree that TXBCU, at its option, may charge any of your accounts with TXBCU to cover such payments obligations as well as any fees assessed for processing the transaction (i.e. allow Account Negative fee of $27.50) A continuous status of overdraft and/or NSF Activity or failure of the user t...
THE BILL PAYING PROCESS. Single Payments
THE BILL PAYING PROCESS. Single Payments – a single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s processing date, provided the payment is submitted prior to the daily cut-off time on that date. The daily cut-off time, which is controlled by the Financial Institution, is currently 3:00 PM. A single payment submitted after the cut-off time on the designated process date will be processed on the next business day. If you designate a non-business date (generally weekends and certain holidays) as the payment’s processing date, the payment will be processed on the first business day following the designated processing date. If the recurring payment‘s “Pay Before” option is selected, the processing date for the new occurrence of the payment is adjusted to the first business date prior to the calculated processing date. If the recurring payment’s “Pay After” option is selected, the processing date for the new occurrence of the payment is adjusted to the first business date after the calculated processing date.
THE BILL PAYING PROCESS. Single Payments – a single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s process date. The daily cut-off time, which is controlled by the Financial Institution, is currently 2:00 p.m.
THE BILL PAYING PROCESS. Municipal Credit Union will process Bill Payments on the business day (generally Monday through Friday, except New York State banking holidays) you designate the payment is to be processed, provided the Bill Payment request is received prior to the cut-off time set by the Credit Union, which is currently 5:00 P.M. E.S.T. Bill Pay requests received after the business day cut off time, or at any time on a non-business day, will be processed on the next business day. Municipal Credit Union reserves the right to change the cut-off time upon providing you with notice of any such changes. FOR RECURRING BILL PAYMENT REQUESTS, IF YOU DESIGNATE A PROCESSING DATE OF THE 28TH THOUGH THE 31ST OF A MONTH, PROCESSING WILL BE INITIATED ON THE LAST CALENDAR DAY OF THE MONTH (UNLESS THE LAST CALENDAR DAY OF THE MONTH IS A NON-BUSINESS DAY IN WHICH CASE PROCESSING WILL BE INITIATED ON THE NEXT BUSINESS DAY). Otherwise, recurring Bill Payment requests will be processed on the dates you have designated, unless such date falls on a non-business day resulting in your Bill Payment request being processed on the next business day.
THE BILL PAYING PROCESS. Process a payment via the “Payments” menu by selecting Single Payment or Recurring Payment.
THE BILL PAYING PROCESS. Single Payments – a single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s process date, provided the payment is submitted prior to the daily cutoff time on that date, The daily cutoff time, which is controlled by Geauga Credit Union, Inc., is currently 3:00 PM EST. Recurring Payments – When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a process date is calculated for the next occurrence of the payment. If the calculated process date is a non business date (generally weekends and certain holidays), it is adjusted based on the following rules: Note: If your frequency settings for the recurring payment specify the 29th, 30th, or 31st as a particular day of the month for processing and that day does not exist in the month of the calculated process date, then the last calendar day of that month is used as the calculated process date.
THE BILL PAYING PROCESS. Single Payments – a single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s processing date, provided the payment is submitted prior to the daily cut-off time on that date. The daily cut-off time, which is controlled by us, is currently 3:00 pm Central Standard Time. Recurring Payments - When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing date is calculated for the next occurrence of the payment. If the calculated processing date is a non- business date (generally weekends and certain holidays), it is adjusted based upon the following rules: Maximum Total Transactions – Your transactions are limited to a maximum of $20,000 (no one transaction exceeding $10,000) daily without prior authorization from us.
THE BILL PAYING PROCESS. Omaha FCU will process variable payments on the business day (Monday through Friday, except holidays) you designate the bill to be processed, provided the payment request is received prior to the cut-off time set by Omaha FCU, which is currently 12:00 p.m. noon CST. Variable bill requests received after the business day cut-off time, or at any time on a non-business day will be processed on the next business day. Omaha FCU reserves the right to change the cut-off time by giving you notice if it changes. FOR RECURRING PAYMENT REQUESTS, IF YOU DESIGNATE A PROCESSING DATE OF THE 28TH THROUGH THE 31ST OF A MONTH, PROCESSING WILL BE INITIATED ON THE LAST CALENDAR DAY OF THE MONTH. Otherwise, recurring payment requests will be process on the dates you have designed, unless such date falls on a non-business day resulting in your payment being processed on the previous business day.
