Errors or Questions About Your Payment Orders. We will notify you about funds transfers by listing them on your account statement. In some cases, we also may notify you electronically or in writing. You must notify us at once if you think a funds transfer shown on your statement or notice is incorrect. You must send us written notice (with your question or a description of why you believe an error has been made) no later than 14 days after the date you receive the first notice or statement on which the problem or error appears. If you fail to notify us within this period, we are not liable for any loss of interest because of an unauthorized or erroneous debit or because your statement or notice is incorrect. We are not required to compensate you, and we are not required to credit or adjust your account for any loss of interest.
Errors or Questions About Your Payment Orders. We notify you about certain funds transfers by listing them on your account statement. In some cases, we also may notify you electronically or in writing. You must notify us at once if you think a funds transfer shown on your statement or notice is incorrect. You must send us written notice, including a statement of relevant facts, no lat- er than 14 days after the date you receive the first notice or statement on which the problem or error appears. If you fail to notify us within this 14-day peri- od, we are not liable for any loss of interest because of an unauthorized or erroneous debit or because your statement or notice is incorrect. We are not required to compensate you, and we are not required to credit or adjust your account for any loss of interest or interest equivalent. Calculations Unless otherwise prohibited by law, if we are obligated to pay for loss of interest that results from our error or delay regarding your payment order, we calculate compensation using the rate applicable to the account. Receiving Funds Transfers We may receive instructions to pay funds to your account. We may receive funds transfers directly from the sender, through a funds transfer system or through some other communications system. This includes wire transfers, ACH transfers that may be sent through an ACH system or processed directly to an account with us, and transfers between Patriot Bank accounts. ACH Provisional Payment Rule Under ACH rules, funds transfers sent through an ACH are provisional and may be revoked prior to final settlement. You agree to these rules. If the funds transfer is revoked before final settlement, we may charge your account for the amount credited. The person who sent the payment order is considered not to have paid you. If this happens, we do not send a separate notice; we report the information on your account statement.
Errors or Questions About Your Payment Orders. FSB notifies you about funds transfers by listing them on your account statement. In some cases, FSB also may notify you electronically, in writing, or by a report produced through an information reporting service. However, FSB is not required to provide such additional notifications. You must notify FSB at once if you think a funds transfer shown on your statement or other notice is incorrect. You must send FSB written notice, including a statement of relevant facts, no later than 14 days after the date you receive the first notice or statement on which the problem or error appears. If you fail to notify FSB within this 14-day period, FSB is not liable for any loss of interest because of an unauthorized or erroneous debit or because your statement or notice is incorrect. FSB is not required to compensate you, and FSB is not required to credit or adjust your account for any loss of interest or interest equivalent.
Errors or Questions About Your Payment Orders. USB notifies you about funds transfers by listing them on your account statement. In some cases, USB also may notify you electronically, in writing, or by a report produced through an information reporting service. However, USB is not required to provide such additional notifications. You must notify USB at once if you think a funds transfer shown on your statement or other notice is incorrect. You must send USB written notice, including a statement of relevant facts, no later than 14 days after the date you receive the first notice or statement on which the problem or error appears. If you fail to notify USB within this 14-day period, USB is not liable for any loss of interest because of an unauthorized or erroneous debit or because your statement or notice is incorrect. USB is not required to compensate you, and USB is not required to credit or adjust your account for any loss of interest or interest equivalent.
