Xxxx Payment Delivery Sample Clauses

Xxxx Payment Delivery. Bank reserves the right to select the method by which funds are remitted to the Payee. Bank may remit payments by electronic, paper or such other means as Bank deems appropriate in its sole discretion. For payments delivered by mail, the date a payment is credited by the Payee depends upon the promptness and reliability of the U.S. Postal Service and Payee’s payment processing procedures. Bank will not be responsible for delays in crediting payments which are the result of Customer’s failure to follow a Payee’s payment requirements, or for Customer’s failure to timely schedule a Delivery Date sufficiently in advance of the date a payment is due, or for delays in any mail service or other exceptions stated in this Section Three. For these reasons, Customer should enter a payment request and schedule a Delivery Date for payments no less than five (5) Business Days in advance of the date the payment is actually due.

Xxxx Payment Delivery. By using Xxxx Payment, you understand Payees and/or the U.S. Postal Service may return payments to us for various reasons (e.g. Payee’s forwarding address expired, Payee account number is not valid, Payee is unable to locate account, or Payee account is paid in full). We will use reasonable efforts to research and correct the returned payment and return it to your Payee or void the payment and credit your Payment Account. If we are unable to complete the transaction for any reason, the xxxx will not be paid. In such case, you agree to reimburse us for any fees imposed by the Payee or a financial institution as a result of the return. In some instances, you will receive a return notice from us.