Refused Payments Sample Clauses
The Refused Payments clause defines the procedures and consequences when a payment is not accepted or is rejected by the receiving party or financial institution. Typically, this clause outlines the steps the payer must take if a payment is refused, such as reissuing the payment, providing alternative payment methods, or addressing the reasons for refusal, like incorrect account details or insufficient funds. Its core function is to ensure that both parties understand their responsibilities in the event of a refused payment, thereby minimizing disputes and ensuring timely fulfillment of payment obligations.
Refused Payments. We reserve the right to refuse to pay any Receiver. We will attempt to notify the Sender promptly if we decide to refuse to pay a Receiver designated by the Sender. This notification is not required if you attempt to make a prohibited payment under this Agreement.
Refused Payments. When you send a payment to a third party through our Service, the recipient is not required to accept the payment, even if the recipient is already registered with PayPal. The recipient may return the payment or, in some cases, use the PayPal Service to deny payments that you send. Any payments sent through PayPal that are denied or unclaimed by a recipient will be returned to you on the earlier of: (a) the date of such denial, or (b) 30 days after the date the payment is sent. For more details and guidelines about Sending Payments, please refer to our Payments Policy.
Refused Payments. Any payments carried out through the Service that are denied or unclaimed by a recipient will be returned to the Company:-
(a) on the date any such payments are denied; or
(b) within thirty (30) days from the date of any such unclaimed payments.
Refused Payments. Any payment not claimed by the Receiver will be automatically cancelled ten (10) days after the processing of the payment begins. When a Sender sends money, the Receiver is not required to accept it. Customer agrees that Customer as a Sender will not hold Bank liable for any damages resulting from a Receiver's decision to accept or not to accept a payment made through the P2P Service. Bank will, to the extent permitted by law, make reasonable attempts to return any unclaimed, refused, refunded, prohibited, or denied payment to Customer’s applicable Account. If Bank’s attempts are unsuccessful (for example, Customer’s applicable Account has been closed) Bank will make reasonable attempts to mail Customer a paper check. If after sixty (60) days that check has not been presented for payment, Bank may stop payment on it and transfer the funds to an "unclaimed funds" account, and will subsequently handle the unclaimed funds as required or otherwise permitted by applicable law.
Refused Payments. We reserve the right to refuse to pay any Receiver. We will attempt to notify the Merck Sharp & Dohme Federal Credit Union Page 19 Sender promptly if we decide to refuse to pay a Receiver designated by the Sender. This notification is not required if you attempt to make a prohibited payment under this Agreement.
Refused Payments. Any payments sent through iPay88 that are denied or unclaimed by a recipient will be returned to the Company (a) on the date of such denial in respect of denied payments, or (b) thirty (30) days after the date the payment is sent in respect of unclaimed payments.
Refused Payments. When you send a payment to a third party through our Service, the recipient is not required to accept the payment, even if the recipient is already registered with Vyapay. The recipient may return the payment or, in some cases, use the Vyapay Service to deny payments that you send. Any payments sent through Nexcharge that are denied or unclaimed by a recipient will be returned to you on the earlier of: (a) the date of such denial, or (b) 30 days after the date the payment is sent. For more details and guidelines about Sending Payments, please refer to our Payments Policy.
Refused Payments. We reserve the right to refuse to pay any Recipient. We will attempt to notify the Sender promptly if we decide to refuse to pay a Recipient designated by the Sender.
Refused Payments. The Bill Payment Service reserves the right to refuse to pay any ▇▇▇▇▇▇ to whom you may direct a payment. The Bill Payment Service will notify you promptly if it decides to refuse to pay a ▇▇▇▇▇▇ designated by you. This notification is not required if you attempt to make a prohibited payment or an exception payment under this Agreement.