Amending/Canceling a Transaction. You can use the System to cancel or change one-time or recurring transfers or loan payments you have previously scheduled through the System. Scheduled transfers or loan payments may be canceled or changed up to 5:00 pm Pacific Time one Business Day in advance of the scheduled transfer or payment date. You may also amend or cancel a recurring preauthorized electronic funds transfer from your account by notifying us orally or in writing at least three business days before the scheduled date of the transfer at the following: 000-000-0000 or 0000 Xxxxxxx Xxxx, Xxx Xxxxxx, XX 00000. Once we have begun processing a payment it cannot be cancelled or edited, therefore a stop payment request must be submitted. We may not have a reasonable opportunity to act on any stop payment request after a transfer or payment has been processed. If you desire to stop any transfer payment that has already been processed, you must contact us at the following number: 000-000-0000. Your stop payment request must state the exact amount (dollars and cents) of the transaction you wish to stop. We may also require you to present your request in writing within fourteen (14) days. An oral stop-payment order ceases to be binding after 14 days if you fail to provide the required written confirmation. The charge for each stop payment request will be the current charge for such service as set out in the applicable fee schedule. If you are a natural person, and not a business entity, and you order us to stop one of these recurring preauthorized electronic funds transfers three (3) business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages. You understand that there may be claims or demands made against the Bank as a result of your stop payment request. If any claim or demand of whatever nature is made against the Bank with respect to the stop payment order and/or the item itself, you agree to indemnify and defend the Bank and to reimburse the Bank for any such claims or demands, and for reasonable costs, expenses or attorney’s fees that the Bank may incur in defending itself against any such claims or demands. You understand that the Bank will use all reasonable efforts to comply with a stop payment order. However, you understand fully that unless the item number, the date of the item, and the amount of the item are correctly entered on the stop payment order, the Bank assumes no responsibility for stopping payment and is not liable to you if a stop payment cannot be accomplished. Except as set forth herein, or applicable law provides otherwise, you do not have a right to cancel or amend a payment or transfer instruction once we have received it.
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Amending/Canceling a Transaction. You can use the System to cancel or change one-time or recurring transfers or loan payments you have previously scheduled through the System. Scheduled transfers or loan payments may be canceled or changed up to 5:00 pm Pacific Time one Business Day the Internal Transfer Cut-Off set forth in advance of Section 24 on the business day prior to the scheduled transfer or payment date. You may also amend or cancel a recurring preauthorized electronic funds transfer from your account by notifying us orally or in writing at least three business days before the scheduled date of the transfer at the following: 000-000-0000 or 0000 Xxxxxxx Xxxx, Xxx Xxxxxx, XX 00000telephone number and address set forth above. Once we have begun processing a payment it cannot be cancelled or edited, therefore a stop payment request must be submitted. We may not have a reasonable opportunity to act on any stop payment request after a funds transfer or payment order has been processed. If you desire to stop any transfer or payment that has already been processed, you must contact us at follow the following number: 000-000-0000. Your stop payment request must state the exact amount (dollars and cents) of the transaction you wish to stop. We may also require you to present your request in writing within fourteen (14) days. An oral stop-payment order ceases to be binding after 14 days if you fail to provide the required written confirmation. The charge for each stop payment request will be the current charge for such service as procedure set out in the applicable fee schedule. If you are a natural person, and not a business entity, and you order us to stop one of these recurring preauthorized electronic funds transfers three (3) business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damagesforth above. You understand that there may be claims or demands made against the Bank as a result of your stop payment request. If any claim or demand of whatever nature is made against the Bank with respect to the stop payment order and/or the item itself, you agree to indemnify and defend the Bank and to reimburse the Bank for any such claims or demands, and for reasonable costs, expenses or attorney’s fees that the Bank may incur in defending itself against any such claims or demands. You understand that the Bank will use all reasonable efforts to comply with a stop payment order. However, you understand fully that unless the item number, the date of the item, and the amount of the item are correctly entered on the stop payment order, the Bank assumes no responsibility for stopping payment and is not liable to you if a stop payment cannot be accomplished. Except as set forth herein, or applicable law provides otherwise, you do not have a right to cancel or amend a payment order or funds transfer instruction once we have received it. Our Rejection of Transactions. We may refuse any funds transfer, or payment order, or instruction without cause or prior notice. All specific examples of our right to refuse described this this Agreement are by way of illustration and not by way of limitation of the right set forth in this Section 17. Notice of Returned Payments or Transfers. We may notify you electronically, in writing, by telephone, or otherwise if any funds transfer is rejected or returned for any reason. We will not be obligated to credit your account with any interest, unless the return is caused by our failure to properly execute your instruction. Unauthorized Transactions. We may process any instruction (including an amendment or cancellation instruction) that we believe is transmitted or authorized by you if we act in compliance with the security procedures you and the Bank have agreed upon for the Service. The instructions will be deemed effective as if made by you, and you will be obligated to pay the Bank in the amount of such transactions, even though they are not transmitted or authorized by you. We may elect to verify the authenticity or content of any instruction by placing a call to any authorized signer on an account or any other person designated by you for that purpose but we are not required to do so. If we are unable to verify an instruction to our satisfaction, or if we believe in good faith that such instruction violates a federal, state, or local law, regulation, or court instruction, then we may reject the instruction.
Appears in 1 contract
Samples: Consumer Online Banking Agreement
Amending/Canceling a Transaction. You can use the System to cancel or change one-time or recurring transfers or loan payments you have previously scheduled through the System. Scheduled transfers or loan payments may be canceled or changed up to 5:00 pm Pacific Time one Business Day the Internal Transfer Cut-Off set forth in advance of Section 24 on the business day prior to the scheduled transfer or payment date. You may also amend or cancel a recurring preauthorized electronic funds transfer from your account by notifying us orally or in writing at least three business days before the scheduled date of the transfer at the following: 000-000-0000 or 0000 Xxxxxxx Xxxx, Xxx Xxxxxx, XX 00000telephone number and address set forth above. Once we have begun processing a payment it cannot be cancelled or edited, therefore a stop payment request must be submitted. We may not have a reasonable opportunity to act on any stop payment request after a funds transfer or payment order has been processed. If you desire to stop any transfer or payment that has already been processed, you must contact us at follow the following number: 000-000-0000. Your stop payment request must state the exact amount (dollars and cents) of the transaction you wish to stop. We may also require you to present your request in writing within fourteen (14) days. An oral stop-payment order ceases to be binding after 14 days if you fail to provide the required written confirmation. The charge for each stop payment request will be the current charge for such service as procedure set out in the applicable fee schedule. If you are a natural person, and not a business entity, and you order us to stop one of these recurring preauthorized electronic funds transfers three (3) business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damagesforth above. You understand that there may be claims or demands made against the Bank as a result of your stop payment request. If any claim or demand of whatever nature is made against the Bank with respect to the stop payment order and/or the item itself, you agree to indemnify and defend the Bank and to reimburse the Bank for any such claims or demands, and for reasonable costs, expenses or attorney’s fees that the Bank may incur in defending itself against any such claims or demands. You understand that the Bank will use all reasonable efforts to comply with a stop payment order. However, you understand fully that unless the item number, the date of the item, and the amount of the item are correctly entered on the stop payment order, the Bank assumes no responsibility for stopping payment and is not liable to you if a stop payment cannot be accomplished. Except as set forth herein, or applicable law provides otherwise, you do not have a right to cancel or amend a payment order or funds transfer instruction once we have received it.
Appears in 1 contract
Samples: Consumer Online Banking Agreement
Amending/Canceling a Transaction. You can use the System to cancel or change one-time or recurring transfers or loan payments you have previously scheduled through the System. Scheduled transfers or loan payments may be canceled or changed up to 5:00 pm Pacific Time one Business Day in advance of the scheduled transfer or payment date. You may also amend or cancel a recurring preauthorized electronic funds transfer from your account by notifying us orally or in writing at least three business days before the scheduled date of the transfer at the following: 000818-000394-0000 2300 or 0000 Xxxxxxx XxxxX.X. Xxx 0000., Xxx XxxxxxXxxxxxx, XX 00000. Once we have begun processing a payment it cannot be cancelled or edited, therefore a stop payment request must be submitted. We may not have a reasonable opportunity to act on any stop payment request after a transfer or payment has been processed. If you desire to stop any transfer payment that has already been processed, you must contact us at the following number: 000818-000394-00002300. Your stop payment request must state the exact amount (dollars and cents) of the transaction you wish to stop. We may also require you to present your request in writing within fourteen (14) days. An oral stop-payment order ceases to be binding after 14 days if you fail to provide the required written confirmation. The charge for each stop payment request will be the current charge for such service as set out in the applicable fee schedule. If you are a natural person, and not a business entity, and you order us to stop one of these recurring preauthorized electronic funds transfers three (3) business days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages. You understand that there may be claims or demands made against the Bank as a result of your stop payment request. If any claim or demand of whatever nature is made against the Bank with respect to the stop payment order and/or the item itself, you agree to indemnify and defend the Bank and to reimburse the Bank for any such claims or demands, and for reasonable costs, expenses or attorney’s fees that the Bank may incur in defending itself against any such claims or demands. You understand that the Bank will use all reasonable efforts to comply with a stop payment order. However, you understand fully that unless the item number, the date of the item, and the amount of the item are correctly entered on the stop payment order, the Bank assumes no responsibility for stopping payment and is not liable to you if a stop payment cannot be accomplished. Except as set forth herein, or applicable law provides otherwise, you do not have a right to cancel or amend a payment or transfer instruction once we have received it.
Appears in 1 contract
Samples: Online Banking Agreement
