Common use of Automatic Payment Transfer Option Clause in Contracts

Automatic Payment Transfer Option. If you request the automatic payment transfer option, all minimum payments due will automatically be deducted from your designated account on your payment due date. If your designated account does not contain sufficient funds, no automatic deduction will be made, your account will be charged an insufficient funds fee, and you will be responsible for making the payment by some other means.

Appears in 3 contracts

Samples: Visa Credit Card Agreement, Visa Credit Card Agreement, Visa Credit Card Agreement

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Automatic Payment Transfer Option. If you request the automatic payment transfer option, all minimum payments due will automatically be deducted from your designated account on your payment due date. If your designated account does not contain sufficient funds, no automatic deduction will be made, your account Account will be charged an insufficient funds fee, and you will be responsible for making the payment by some other means.

Appears in 2 contracts

Samples: Guaranty Agreement, Business Credit Card Agreement

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