Common use of Unclaimed Payments Clause in Contracts

Unclaimed Payments. Payments not claimed by a Receiver who has not enrolled in Zelle will be automatically cancelled fourteen (14) calendar days after the processing of the payment begins. We will, to the extent permitted by law, make reasonable attempts to return any unclaimed, refused, refunded, prohibited, or denied payment to your Eligible Transaction Account or use other reasonable efforts to return such payment to you as permitted by law. Termination: We reserve the right to suspend or terminate your use of the Zelle Payment Service or the Other Payment Services if we believe that you are using any component of the Zelle and Other Payment Services for any prohibited purpose, as set forth in Section V.C (Prohibited Uses of the Services) below.

Appears in 2 contracts

Samples: Banking Agreement, Banking Agreement

AutoNDA by SimpleDocs

Unclaimed Payments. Payments not claimed by a Receiver who has not enrolled in Zelle Zelle® will be automatically cancelled fourteen (14) calendar days after the processing of the payment begins. We will, to the extent permitted by law, make reasonable attempts to return any unclaimed, refused, refunded, prohibited, or denied payment to your Eligible Transaction Account or use other reasonable efforts to return such payment to you as permitted by law. Termination: We reserve the right to suspend or terminate your use of the Zelle Zelle® Payment Service or the Other Payment Services if we believe that you are using any component of the Zelle Zelle® and Other Payment Services for any prohibited purpose, as set forth in Section V.C (Prohibited Uses of the Services) below.

Appears in 2 contracts

Samples: Banking Agreement, Banking Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!