Common use of Xxxx Payment Service Description Clause in Contracts

Xxxx Payment Service Description. The Xxxx Payment Service enables you to receive, view, and pay bills from your eligible Velo by East West Bank account(s). Certain features of the Xxxx Payment Service may be available on our browser based Online Banking Service only, although the general features are available on both our Mobile and Online Banking Services. In order to use the Xxxx Payment Service, you have to be an Online Banking Service customer of Velo by East West Bank and each person must have a unique email address, even if they are joint account owners. We are offering you the Xxxx Payment Service through one or more Service Providers that we have engaged to render some or all of the Xxxx Payment Service to you on our behalf. However, notwithstanding that we have engaged such a Service Provider to render some or all of the Xxxx Payment Service to you, we remain obligated to you for any payments or transfers conducted using the Xxxx Payment Service and we are responsible to you and any third party to the extent any liability attaches in connection with the Xxxx Payment Service. You agree that we have the right under this Agreement to delegate to Service Providers all of the rights and performance obligations that we have under this Agreement, and that the Service Providers will be third party beneficiaries of this Agreement and will be entitled to all the rights and protections that this Agreement provides to us. Service Provider and certain other capitalized terms are defined in a "Definitions" Section. 1. Eligible Transaction Account Types

Appears in 2 contracts

Samples: Online Banking Agreement, Online Banking Agreement

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Xxxx Payment Service Description. The Xxxx Payment Service enables you to receive, view, and pay bills from your eligible Velo by East West Bank account(s)account. Certain features of the Xxxx Payment Service may be available on our browser based Online Banking Service only, although the general features are available on both our Mobile and Online Banking Services. Generally, Xxxx Payments can only be initiated from eligible accounts that are held in an individual or joint ownership capacity. The Bank may, from time-to-time and at its sole discretion, make additional ownership types available for the Xxxx Payment feature, such as certain sole proprietorship, trust or fiduciary ownership types, and the availability of such either on an exception basis or as part of an enhanced service offering does not change your responsibilities under this Agreement. In order to use the Xxxx Payment Service, you have to be an Online Banking Service customer of Velo by East West Bank and each person must have a unique email address, even if they are joint account owners, or an authorized signer or agent acting in an authorized capacity. We are offering you the Xxxx Payment Service through one or more Service Providers that we have engaged to render some or all of the Xxxx Payment Service to you on our behalf. However, notwithstanding that we have engaged such a Service Provider to render some or all of the Xxxx Payment Service to you, we remain obligated to you for any payments or transfers conducted using the Xxxx Payment Service and we are responsible to you and any third party to the extent any liability attaches in connection with the Xxxx Payment Service. You agree that we have the right under this Agreement to delegate to Service Providers all of the rights and performance obligations that we have under this Agreement, and that the Service Providers will be third party beneficiaries of this Agreement and will be entitled to all the rights and protections that this Agreement provides to us. Service Provider and certain other capitalized terms are defined in a "Definitions" Section. 1. Eligible Transaction Account Types

Appears in 2 contracts

Samples: Online Banking Agreement, Online Banking Agreement

Xxxx Payment Service Description. The Xxxx Payment Service enables you to receive, view, and pay bills from your eligible Velo by East West Bank account(s)consumer accounts that are held in an individual or joint ownership capacity. Certain features of the Xxxx Payment Service may be available on our browser based Online Banking Service only, although the general features are available on both our Mobile and Online Banking Services. In order to use the Xxxx Payment Service, you have to be an Online Banking Service customer of Velo by East West Bank and each person must have a unique email address, even if they are joint account owners. We are offering you the Xxxx Payment Service through one or more Service Providers that we have engaged to render some or all of the Xxxx Payment Service to you on our behalf. However, notwithstanding that we have engaged such a Service Provider to render some or all of the Xxxx Payment Service to you, we remain obligated to you for any payments or transfers conducted using the Xxxx Payment Service and we are responsible to you and any third party to the extent any liability attaches in connection with the Xxxx Payment Service. You agree that we have the right under this Agreement to delegate to Service Providers all of the rights and performance obligations that we have under this Agreement, and that the Service Providers will be third party beneficiaries of this Agreement and will be entitled to all the rights and protections that this Agreement provides to us. Service Provider and certain other capitalized terms are defined in a "Definitions" Section. 1. Eligible Transaction Account Types

Appears in 1 contract

Samples: Online Banking Agreement

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Xxxx Payment Service Description. The Xxxx Payment Service enables you to receive, view, and pay bills from your eligible Velo by East West Bank account(s). Certain features of the Xxxx Payment Service may be available on our browser based Online Banking Service only, although the general features are available on both our Mobile and Online Banking Services. In order to use the Xxxx Payment Service, you have to be an Online Banking Service customer of Velo by East West Bank and each person must have a unique email address, even if they are joint account owners. We are offering you the Xxxx Payment Service through one or more Service Providers that we have engaged to render some or all of the Xxxx Payment Service to you on our behalf. However, notwithstanding that we have engaged such a Service Provider to render some or all of the Xxxx Payment Service to you, we remain obligated to you for any payments or transfers conducted using the Xxxx Payment Service and we are responsible to you and any third party to the extent any liability attaches in connection with the Xxxx Payment Service. You agree that we have the right under this Agreement to delegate to Service Providers all of the rights and performance obligations that we have under this Agreement, and that the Service Providers will be third party beneficiaries of this Agreement and will be entitled to all the rights and protections that this Agreement provides to us. Service Provider and certain other capitalized terms are defined in a "Definitions" Section. ▪ Other checking, savings, money market checking, and money market savings accounts held at East West Bank, if access is available through Online Banking Services. Your eligible Velo by East West Bank account(s) will be auto-enabled for the Xxxx Payment Service when you choose to access the feature in the Online Banking Service. All of your external accounts will be required to complete our Account Verification process. ▪ Account must meet our ownership and processing criteria at the time the Xxxx Payment is requested. 1. Eligible Transaction Account Types

Appears in 1 contract

Samples: Online Banking Agreement

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