Common use of Changing or Canceling Payments Clause in Contracts

Changing or Canceling Payments. You may review, change or cancel scheduled future or recurring payments until 3:00 p.m. Eastern Standard Time on the Transmit Date. To change or delete a payment: (1) select the "View Payments" icon, (2) select the payee from the list of pending payments, (3) to delete a payment, select "Delete Payment"; to change a payment, make the appropriate changes on the screen and then select "Update Payee/Payment". If you selected "Delete Payment", you will be asked to confirm your instruction to delete by clicking "ok" or "cancel". A canceled payment will not appear on your Transaction Record. Remember, if you delete a recurring payment, your regular payment schedule will not resume with your next previously scheduled payment. Future, additional recurring payments will not be made. You can, however, modify the frequency of your payments by changing your "Schedule Payment" option for the Payee; your payment scheduling options are: one-time, weekly, bi-weekly, semi- monthly, monthly, quarterly, semi-annually or annually. Stop Payments. Electronic payments initiated by you under either the Online Services or by telephone or mail request cannot be stopped once they have been initiated. Stop payment orders and requests for re-issuance of check payments will be accepted by the Bank beginning 5 business days after the Transmit Date. In situations where it is apparent that the payment is going or has gone to the wrong address, wrong payee, etc., the Bank will accept stop payment orders and requests for re-issuance immediately. All requests for stop payments will incur a stop payment fee of $20.00. All payments stopped due to the Bank's error will be at the expense of the Bank.

Changing or Canceling Payments. You may review, change or cancel scheduled future or recurring payments until 3:00 p.m. Eastern Standard Time on the Transmit Date. To change or delete a payment: (1) select the "View Payments" icon, (2) select the payee from the list of pending payments, (3) to delete a payment, select "Delete Payment"; to change a payment, make the appropriate changes on the screen and then select "Update Payee/Payment". If you selected "Delete Payment", you will be asked to confirm your instruction to delete by clicking "ok" or "cancel". A canceled payment will not appear on your Transaction Record. Remember, if you delete a recurring payment, your regular payment schedule will not resume with your next previously scheduled payment. Future, additional recurring payments will not be made. You can, however, modify the frequency of your payments by changing your "Schedule Payment" option for the Payee; your payment scheduling options are: one-time, weekly, bi-weekly, semi- monthlysemimonthly, monthly, quarterly, semi-annually or annually. Stop Payments. Electronic payments initiated by you under either the Online Services or by telephone or mail request cannot be stopped once they have been initiated. Stop payment orders and requests for re-issuance of check payments will be accepted by the Bank beginning 5 business days after the Transmit Date. In situations where it is apparent that the payment is going or has gone to the wrong address, wrong payee, etc., the Bank will accept stop payment orders and requests for re-issuance immediately. All requests for stop payments will incur a stop payment fee of $20.0033.00. All payments stopped due to the Bank's error will be at the expense of the Bank.

Changing or Canceling Payments. You may review, change or cancel scheduled future or recurring payments until 3:00 p.m. Eastern Standard Time on the Transmit Date. To change or delete a payment: (1) select the "View Payments" icon, (2) select the payee from the list of pending payments, (3) to delete a payment, select "Delete Payment"; to change a payment, make the appropriate changes on the screen and then select "Update Payee/Payment". If you selected "Delete Payment", you will be asked to confirm your instruction to delete by clicking "ok" or "cancel". A canceled payment will not appear on your Transaction Record. Remember, if you delete a recurring payment, your regular payment schedule will not resume with your next previously scheduled payment. Future, additional recurring payments will not be made. You can, however, modify the frequency of your payments by changing your "Schedule Payment" option for the Payee; your payment scheduling options are: one-time, weekly, bi-weekly, semi- monthlysemimonthly, monthly, quarterly, semi-annually or annually. Stop Payments. Electronic payments initiated by you under either the Online Services or by telephone or mail request cannot be stopped once they have been initiated. Stop payment orders and requests for re-issuance of check payments will be accepted by the Bank beginning 5 business days after the Transmit Date. In situations where it is apparent that the payment is going or has gone to the wrong address, wrong payee, etc., the Bank will accept stop payment orders and requests for re-issuance immediately. All requests for stop payments will incur a stop payment fee of $20.00. All payments stopped due to the Bank's error will be at the expense of the Bank.