Common use of Adding Payees Clause in Contracts

Adding Payees. When you add a new payee, it may take two (2) Business Days to finalize the setup of a new payee. Therefore, you should schedule any payment to a new payee no later than four (4) Business Days before the next anticipated due date [i.e. as provided by agreement with the payee (ignoring any grace period) or as shown on its statement/invoice], to allow adequate time to set up the payee and verify information about your Account with the payee.

Adding Payees. When you add a new payee, it may take two (2) Business Days to finalize the setup set up of a new payee. Therefore, you should schedule any payment to a new payee no later than four (4) Business Days before the next first anticipated due date [i.e. as provided by agreement with the payee (ignoring any grace period) or as shown on its statement/invoice], to allow adequate time to set up the payee and verify information about your Account with the payee.

Adding Payees. When you add a new payee, it may take two (2) Business Days to finalize the setup of a new payee. Therefore, you should schedule any payment to a new payee no later than four (4) Business Days before the next anticipated due date [i.e. as provided by agreement with the payee (ignoring any grace period) or as shown on its statement/invoice], to allow adequate time to set up the payee and verify information about your Account with the payee.payee.‌