Common use of Electronic Processing Clause in Contracts

Electronic Processing. Due to the processing systems for electronic transactions used in the United States and by us, a payment or other transaction may be effective/posted before we are open for business on the date scheduled for the payment or other transaction. Therefore, you are responsible for ensuring that your account(s) have sufficient balances as applicable for the scheduled payment/transaction one

Appears in 3 contracts

Sources: Membership, Account, and Account Services Agreement, Membership, Account, and Account Services Agreement, Membership, Account, and Account Services Agreement