Dishonoured Payment Fee definition

Dishonoured Payment Fee means the fee charged for each cheque or other instrument used to pay Debt that is dishonoured by the financial institution on which it is drawn, and which is in addition to any NSF service fee charged by that financial institution on the NSF cheque or other instrument;

Examples of Dishonoured Payment Fee in a sentence

• Collections Dishonoured Payment Fee $10.00: Fee is charged to the loan account in the event of a payment tendered to the account is dishonoured by the Debtor’s bank.

• Dishonoured Payment Fee $10.00 Fee is charged to the loan account in the event of a payment tendered to the account is dishonoured by the Debtor’s bank.

• Dishonoured Payment Fee $5, waived if payment is resolved within 14 calendar days.

• Commissioner Handley made a motion and Commissioner Harris seconded the motion, to move to approve the attached resolution to vacate a portion of the existing drainage and utility easement as described in the resolution effectively closing, vacating, abandoning, and discontinuing all rights of the county and the public, in and to the easement and any lands in connection therewith.

• YOUR FULL NAME AND ADDRESS Name: Sample Customer Address: Dishonoured Payment Fee: $19.00 For each dishonoured payment, the payment schedule will be extended by one or more additional pay periods.

• The fee is estimated as the cost of allocating the contribution to multiple superannuation accounts.• Dishonoured Payment Fee (currently $15) is deducted from the member's account.