Xxxx Payments; Availability; Allowing Sufficient Time Sample Clauses

Xxxx Payments; Availability; Allowing Sufficient Time. All payments to third parties will be deducted from the account that you designate as your ‘primary’ checking account for the Service. There can only be one primary account with bill payment capability per registration. Sole proprietors who elect to relate their business account(s) with their personal registration must choose a personal account as primary. Any obligations that you wish to pay through the Service must be payable in US dollars to a payee located in the United States. Each payee must appear on the payee list you create with us. We reserve the right to restrict categories of payees to whom payments may be made using the Service from time to time. Funds must be available in your primary checking account on the scheduled date. If the date you schedule a payment to be initiated falls on a non-business day, funds must be available in, and will be deducted from, your primary checking account on the following business day. After funds are withdrawn from your primary checking account, the payment will be made by transferring funds electronically to the payee, or by mailing to the payee a check drawn on a payment account maintained for that purpose. In most cases, the remittance of funds to the payee will occur on the next business day after the funds are deducted from your account. For all payments, you agree to allow at least six (6) business days between the business date you schedule a payment to be initiated and the payment due date (that is, the due date shown on your invoice provided in your agreement with the payee, not taking into account any applicable grace period). You must allow sufficient time for the payee to receive the payment and process it before the payment due date. If you do not, you will be fully responsible for all late fees, finance charges or other action taken by the payee. If you properly schedule your payment and follow all instructions provided, but the payment is not received by the payee in a timely manner, the Bank will work with the payee on your behalf to attempt to have any such action reversed. The Bank is responsible only for exercising ordinary care in processing and sending payments upon your authorization in accordance with this Agreement. The Bank is not liable in any way for damages you incur for failure to have sufficient funds in your account to make the payment on the processing date, for delays in mail delivery, for changes in the merchant’s address or account number unless you have advised us of the chan...