Returned Payments definition

Returned Payments. If a payment is made on Your account and the payment is returned to the University unpaid as a result of non-sufficient funds, then the University is entitled to charge Your account a $25.00 fee and administratively to withdraw You from the University.
Returned Payments. In using the Service, you understand that Receivers may reject Payment Instructions or otherwise return payments. We will use reasonable efforts to complete Payment Instructions initiated through the Service. Information Authorization: Your enrollment in the Service may not be fulfilled if we cannot verify your identity or other necessary information. Through your enrollment in the Service as a Sender, you agree that we reserve the right to request a review of your credit rating at our own expense through an authorized bureau. In addition, and in accordance with our Privacy Policy, you agree that we reserve the right to obtain personal information about you, including (without limitation) financial information and transaction history regarding your Eligible Transaction Account. You further understand and agree that we reserve the right to use personal information about you for our and our Service Providers’ everyday business purposes, such as to maintain your ability to access the Service, to authenticate you when you log in, to send you information about the Service, to perform fraud screening, to verify your identity, to determine your transaction limits, to perform collections, to comply with laws, regulations, court orders, and lawful instructions from government agencies, to protect the personal safety of subscribers or the public, to defend claims, to resolve disputes, to troubleshoot problems, to enforce this Agreement, to protect our rights and property, and to customize, measure, and improve the Service and the content and layout of Online Banking. Additionally, we and our Service Providers may use your information for risk management purposes and may use, store, and disclose your information acquired in connection with this Agreement as permitted by law, including (without limitation) any use to effect, administer, or enforce a transaction or to protect against or prevent actual or potential fraud, unauthorized transactions, claims, or other liability. We and our Service Providers shall have the right to retain such data even after termination or expiration of this Agreement for risk management, regulatory compliance, audit compliance, and audit reasons, and as permitted by applicable law for everyday business purposes. In addition, we and our Service Providers may use, store, and disclose such information acquired in connection with the Services in statistical form for pattern recognition, modeling, enhancement, and improvement, system analysis ...
Returned Payments has the meaning given to it in Section 1602.

Examples of Returned Payments in a sentence

  • Insufficient Funds & Returned Payments: We charge a $25.00 fee on all returned electronic payments or rejected credit card payments that were not processed because of: (1) insufficient funds; (2) a lack of available credit; (3) stopped payment; or (4) any other reason(s) for returns.

  • Returned Payments: Payment demands returned by the banking system.

  • This could include information about: • Late Payments; • Returned Payments; • Over-the-credit-limit amounts; and • Other violations of this Agreement.

  • This could include information about:● Late Payments● Overlimit Amounts● Returned Payments; and● Other violations of this Agreement.

  • You will be notified of any Returned Payments on your Bill Pay Home Page under the Message box.


More Definitions of Returned Payments

Returned Payments. If a payment made to my student account is returned by the bank for any reason, I agree to repay the original amount of the payment plus a returned payment fee of $35.00 per returned check/payment. Delinquent Account / Collection
Returned Payments. In using the CheckFree Service, you understand that Payees and/or the United States Postal Service may return payments to the CheckFree Service for various reasons such as, but not limited to, Xxxxx's forwarding address expired; Payee account number is not valid; Payee is unable to locate account; or Payee account is paid in full. The CheckFree Service will use its best efforts to research and correct the returned payment and return it to your Payee, or void the payment and credit your Payment Account. You may receive notification from the CheckFree Service.
Returned Payments shall have the meaning set forth in Section 12.5.
Returned Payments. If a payment made to my student account is returned by the bank for any reason, I agree to repay the original amount of the payment plus a returned payment fee of $25. I understand that multiple returned payments may result in cancellation of my classes and/or impact my ability to register for future classes at Bridgewater State University. Collection Agency Fees: I understand and accept that if I fail to pay my student account bill or any monies due and owing Bridgewater State University by the scheduled due date, Bridgewater State University may refer my delinquent account to a third party billing agency. A $50 precollection fee will be assessed on accounts referred to Heartland ECSI, our third party billing agency. Any accounts turned over to a Collection agency will incur all costs of collection. I further understand that I am responsible for paying the collection agency fee which may be based on a percentage of my delinquent account, together with all costs and expenses, including reasonable attorney’s fees, necessary for the collection of my delinquent account. Finally, I understand that my delinquent account may be reported to one or more of the national credit bureaus. Massachusetts State Intercept: I understand that Bridgewater State University participates in the Commonwealth of Massachusetts State Intercept program. I further understand that Bridgewater State University may refer my delinquent account to the Massachusetts State Intercept program which will intercept my Massachusetts state income tax refunds and/or Massachusetts State Lottery winnings. Any intercepted funds will be applied towards paying my outstanding delinquent balance to Bridgewater State University. COMMUNICATION
Returned Payments. In using the Service, you understand that Billers and/or the United States Postal Service may return payments to the Service for various reasons such as, but not limited to, Xxxxxx'x forwarding address expired; Xxxxxx account number is not valid; Xxxxxx is unable to locate account; or Xxxxxx account is paid in full. The Service will use its best efforts to research and correct the returned payment and return it to your Xxxxxx, or void the payment and credit your Payment Account. You may receive notification from the Service. Information Authorization: Your enrollment in the Service may not be fulfilled if the Service cannot verify your identity or other necessary information. In order to verify ownership of the Payment Account(s) and/or Billing Account, the Service may issue offsetting debits and credits to the Payment Account(s) and/or Billing Account, and require confirmation of such from you. Through your enrollment in the Service, you agree that the Service reserves the right to request a review of your credit rating at its own expense through an authorized bureau. In addition, you agree that the Service reserves the right to obtain financial information regarding your account from a Xxxxxx or your financial institution (for example, to resolve payment posting problems or for verification).
Returned Payments. In using the Xxxx Payment Service, you understand that Billers and/or the United States Postal Service may return payments to VICFCU for various reasons such as, but not limited to, Xxxxxx’x forwarding address expired; Xxxxxx account number is not valid; Xxxxxx is unable to locate account; or Xxxxxx account is paid in full. VICFCU will use its best efforts to research and correct the returned payment and return it to your Xxxxxx, or void the payment and credit your Xxxx Payment Account. Information Authorization: Your enrollment in the Xxxx Payment Service may not be fulfilled if VICFCU cannot verify your identity or other necessary information. Through your enrollment in the Service, you agree that VICFCU and its service providers reserve the right to request a review of your credit rating at its own expense through an authorized bureau. In addition, you agree that VICFCU and its service providers may obtain financial information regarding your account from a Xxxxxx or your financial institution (for example, to resolve payment posting problems or for verification).
Returned Payments means Unallocated Payments, together with the interest earned on the investment of such Unallocated Payments, in each case net of all fees and expenses, that are released from escrow in accordance with the terms of the Tranche B Indenture and/or the Tranche A Indenture.