Common use of Failed or Returned Transactions Clause in Contracts

Failed or Returned Transactions. In using the Service, you are requesting the Service to make payments for you from your Payment Account. A laser draft will debit your account when it is presented to us for clearance. An electronic payment usually creates a Provider Payment by the third-party service provider before the provider reimburses itself by debiting your Payment Account. An electronic to check payment may also create a Provider Payment. (See “Payment Methods and When Your Account is Debited” above.) Therefore, you warrant to us and to our third-party service provider that you will maintain available funds on balance in your Payment Account sufficient to timely pay the debit corresponding to each Payment Instruction. If your Payment Account has insufficient available funds for us to complete a transaction (including honoring the debit that corresponds to your Payment Instruction), then we have no obligation to complete any portion of that transaction; in some instances, you may receive a return notice as a result. We may, however, in our sole discretion complete the transaction and create an overdraft in your Payment Account or pursue collection against you by any other method permitted by law. Without limiting the foregoing, we may debit any other deposit account or draw on any other line of credit that you may have with us. All the terms of your deposit account agreement with us governing your Payment Account, and its associated fee schedule, including but not limited to those governing overdrafts, returned items, insufficient funds, credit reporting, fees and charges, collection rights, offsets and dispute resolution shall apply. If our third-party service provider executed your Payment Instruction by making a Provider Payment but we dishonor its reimbursing debit, then you remain indebted directly to the service provider. The third- party service provider has the right to undertake collection activity against you. You agree to reimburse the third-party service provider upon demand. You agree that the third-party service provider may charge you interest at the rate of 1.5% per month (or the legal maximum rate, whichever is less) on unpaid amounts, together with reasonable attorneys fees and any returned payment fees that it may be charged by us, Billers or other financial institutions. The third-party service provider may also report the facts to a credit reporting agency. You acknowledge that (a) Provider Payments, interest, attorneys fees and returned payment fees are obligations that you incur directly to the third-party service provider (not to us), and (b) all collection activity for Provider Payments and such associated amounts are undertaken by the third-party service provider for its own account (not at our direction or as our agent or our assignee). Such collection activity is undertaken solely by the third-party service provider and not on our behalf. Such collection activity by the third-party service provider is not part of the Service, and shall not be deemed to occur in connection with the Service, and we shall bear no responsibility or liability for the third-party service provider’s collections activities. All joint owners of the Payment Account are jointly and severally liable for Provider Payments by the third-party service provider, and for overdrafts in the Payment Account. PAYMENT AMOUNT LIMITS For security purposes, the Service may impose limits on the amount of money you can send through the Service, in total over a time period or by transaction. Your limits may be adjusted from time-to-time in the Service’s sole discretion. Also, Billers may impose their own limitations on xxxx payments or e-Bills that are beyond the control of the Service. CANCELLING OR EDITING A SCHEDULED PAYMENT There is no charge for canceling or editing a Scheduled Payment. Once a Scheduled Payment has begun processing by ACH or by issuance of any check or laser draft, it cannot be cancelled or edited. Instead, a Stop Payment must be requested.

Failed or Returned Transactions. In using the Service, you are requesting the Service to make payments for you from your Payment Account. A laser draft will debit your account when it is presented to us for clearance. An electronic payment usually creates a Provider Payment by the third-party service provider before the provider reimburses itself by debiting your Payment Account. An electronic to check payment may also create a Provider Payment. (See “Payment Methods and When Your Account is Debited” above.) Therefore, you warrant to us and to our third-party service provider that you will maintain available funds on balance in your Payment Account sufficient to timely pay the debit corresponding to each Payment Instruction. If your Payment Account has insufficient available funds for us to complete a transaction (including honoring the debit that corresponds to your Payment Instruction), then we have no obligation to complete any portion of that transaction; in some instances, you may receive a return notice as a result. We may, however, in our sole discretion complete the transaction and create an overdraft in your Payment Account or pursue collection against you by any other method permitted by law. Without limiting the foregoing, we may debit any other deposit account or draw on any other line of credit that you may have with us. All the terms of your deposit account agreement with us governing your Payment Account, and its associated fee schedule, including but not limited to those governing overdrafts, returned items, insufficient funds, credit reporting, fees and charges, collection rights, offsets and dispute resolution shall apply. If our third-party service provider executed your Payment Instruction by making a Provider Payment but we dishonor its reimbursing debit, then you remain indebted directly to the service provider. The third- third-party service provider has the right to undertake collection activity against you. You agree to reimburse the third-party service provider upon demand. You agree that the third-party service provider may charge you interest at the rate of 1.5% per month (or the legal maximum rate, whichever is less) on unpaid amounts, together with reasonable attorneys fees and any returned payment fees that it may be charged by us, Billers or other financial institutions. The third-party service provider may also report the facts to a credit reporting agency. You acknowledge that (a) Provider Payments, interest, attorneys fees and returned payment fees are obligations that you incur directly to the third-party service provider (not to us), and (b) all collection activity for Provider Payments and such associated amounts are undertaken by the third-party service provider for its own account (not at our direction or as our agent or our assignee). Such collection activity is undertaken solely by the third-party service provider and not on our behalf. Such collection activity by the third-party service provider is not part of the Service, and shall not be deemed to occur in connection with the Service, and we shall bear no responsibility or liability for the third-party service provider’s collections activities. All joint owners of the Payment Account are jointly and severally liable for Provider Payments by the third-third- party service provider, and for overdrafts in the Payment Account. PAYMENT AMOUNT LIMITS For security purposes, the Service may impose limits on the amount of money you can send through the Service, in total over a time period or by transaction. Your limits may be adjusted from time-to-time in the Service’s sole discretion. Also, Billers may impose their own limitations on xxxx payments or e-Bills that are beyond the control of the Service. CANCELLING OR EDITING A SCHEDULED PAYMENT There is no charge for canceling or editing a Scheduled Payment. Once a Scheduled Payment has begun processing by ACH or by issuance of any check or laser draft, it cannot be cancelled or edited. Instead, a Stop Payment must be requested.

Failed or Returned Transactions. In using the Service, you are requesting the Service to make payments for you from your Payment Account. A laser draft will debit your account when it is presented to us for clearance. An electronic payment usually creates a Provider Payment by the third-party service provider before the provider reimburses itself by debiting your Payment Account. An electronic to check payment may also create a Provider Payment. (See “Payment Methods and When Your Account is Debited” above.) Therefore, you warrant to us and to our third-party service provider that you will maintain available funds on balance in your Payment Account sufficient to timely pay the debit corresponding to each Payment Instruction. If your Payment Account has insufficient available funds for us to complete a transaction (including honoring the debit that corresponds to your Payment Instruction), then we have no obligation to complete any portion of that transaction; in some instances, you may receive a return notice as a result. We may, however, in our sole discretion complete the transaction and create an overdraft in your Payment Account or pursue collection against you by any other method permitted by law. Without limiting the foregoing, we may debit any other deposit account or draw on any other line of credit that you may have with us. All the terms of your deposit account agreement with us governing your Payment Account, and its associated fee schedule, including but not limited to those governing overdrafts, returned items, insufficient funds, credit reporting, fees and charges, collection rights, offsets and dispute resolution shall apply. If our third-party service provider executed your Payment Instruction by making a Provider Payment but we dishonor its reimbursing debit, then you remain indebted directly to the service provider. The third- third-party service provider has the right to undertake collection activity against you. You agree to reimburse the third-party service provider upon demand. You agree that the third-party service provider may charge you interest at the rate of 1.5% per month (or the legal maximum rate, whichever is less) on unpaid amounts, together with reasonable attorneys attorney’s fees and any returned payment fees that it may be charged by us, Billers or other financial institutions. The third-party service provider may also report the facts to a credit reporting agency. You acknowledge that (a) Provider Payments, interest, attorneys fees and returned payment fees are obligations that you incur directly to the third-party service provider (not to us), and (b) all collection activity for Provider Payments and such associated amounts are undertaken by the third-party service provider for its own account (not at our direction or as our agent or our assignee). Such collection activity is undertaken solely by the third-third- party service provider and not on our behalf. Such collection activity by the third-party service provider is not part of the Service, Service and shall not be deemed to occur in connection with the Service, and we shall bear no responsibility or liability for the third-party service provider’s collections activities. All joint owners of the Payment Account are jointly and severally liable for Provider Payments by the third-party service provider, and for overdrafts in the Payment Account. PAYMENT AMOUNT LIMITS For security purposes, the Service may impose limits on the amount of money you can send through the Service, in total over a time period or by transaction. Your limits may be adjusted from time-to-time in the Service’s sole discretion. Also, Billers may impose their own limitations on xxxx payments or e-Bills that are beyond the control of the Service. CANCELLING OR EDITING A SCHEDULED PAYMENT There is no charge for canceling or editing a Scheduled Payment. Once a Scheduled Payment has begun processing by ACH or by issuance of any check or laser draft, it cannot be cancelled or edited. Instead, a Stop Payment must be requested.

Failed or Returned Transactions. In using the Service, you are requesting the Service to make payments for you from your Payment Account. A laser draft will debit your account when it is presented to us for clearance. An electronic payment usually creates a Provider Payment by the third-party service provider before the provider reimburses itself by debiting your Payment Account. An electronic to check payment may also create a Provider Payment. (See “Payment Methods and When Your Account is Debited” above.) Therefore, you warrant to us and to our third-party service provider that you will maintain available funds on balance in your Payment Account sufficient to timely pay the debit corresponding to each Payment Instruction. If your Payment Account has insufficient available funds for us to complete a transaction (including honoring the debit that corresponds to your Payment Instruction), then we have no obligation to complete any portion of that transaction; in some instances, you may receive a return notice as a result. We may, however, in our sole discretion complete the transaction and create an overdraft in your Payment Account or pursue collection against you by any other method permitted by law. Without limiting the foregoing, we may debit any other deposit account or draw on any other line of credit that you may have with us. All the terms of your deposit account agreement with us governing your Payment Account, and its associated fee schedule, including but not limited to those governing overdrafts, returned items, insufficient funds, credit reporting, fees and charges, collection rights, offsets and dispute resolution shall apply. If our third-party service provider executed your Payment Instruction by making a Provider Payment but we dishonor its reimbursing debit, then you remain indebted directly to the service provider. The third- third-party service provider has the right to undertake collection activity against you. You agree to reimburse the third-party service provider upon demand. You agree that the third-party service provider may charge you interest at the rate of 1.5% per month (or the legal maximum rate, whichever is less) on unpaid amounts, together with reasonable attorneys attorney’s fees and any returned payment fees that it may be charged by us, Billers or other financial institutions. The third-party service provider may also report the facts to a credit reporting agency. You acknowledge that (a) Provider Payments, interest, attorneys fees and returned payment fees are obligations that you incur directly to the third-party service provider (not to us), and (b) all collection activity for Provider Payments and such associated amounts are undertaken by the third-party service provider for its own account (not at our direction or as our agent or our assignee). Such collection activity is undertaken solely by the third-party service provider and not on our behalf. Such collection activity by the third-party service provider is not part of the Service, and shall not be deemed to occur in connection with the Service, and we shall bear no responsibility or liability for the third-party service provider’s collections activities. All joint owners of the Payment Account are jointly and severally liable for Provider Payments by the third-third- party service provider, and for overdrafts in the Payment Account. PAYMENT AMOUNT LIMITS For security purposes, the Service may impose limits on the amount of money you can send through the Service, in total over a time period or by transaction. Your limits may be adjusted from time-to-time in the Service’s sole discretion. Also, Billers may impose their own limitations on xxxx payments or e-Bills that are beyond the control of the Service. CANCELLING OR EDITING A SCHEDULED PAYMENT There is no charge for canceling or editing a Scheduled Payment. Once a Scheduled Payment has begun processing by ACH or by issuance of any check or laser draft, it cannot be cancelled or edited. Instead, a Stop Payment must be requested.

Failed or Returned Transactions. In using the Service, you are requesting the Service to make payments for you from your Payment Account. A laser draft will debit your account when it is presented to us for clearance. An electronic payment usually creates a Provider Payment by the third-party service provider before the provider reimburses itself by debiting your Payment Account. An electronic to check payment may also create a Provider Payment. (See “Payment Methods and When Your Account is Debited” above.) Therefore, you warrant to us and to our third-party service provider that you will maintain available funds on balance in your Payment Account sufficient to timely pay the debit corresponding to each Payment Instruction. If your Payment Account has insufficient available funds for us to complete a transaction (including honoring the debit that corresponds to your Payment Instruction), then we have no obligation to complete any portion of that transaction; in some instances, you may receive a return notice as a result. We may, however, in our sole discretion complete the transaction and create an overdraft in your Payment Account or pursue collection against you by any other method permitted by law. Without limiting the foregoing, we may debit any other deposit account or draw on any other line of credit that you may have with us. All the terms of your deposit account agreement with us governing your Payment Account, and its associated fee schedule, including but not limited to those governing overdrafts, returned items, insufficient funds, credit reporting, fees and charges, collection rights, offsets and dispute resolution shall apply. If our third-party service provider executed your Payment Instruction by making a Provider Payment but we dishonor its reimbursing debit, then you remain indebted directly to the service provider. The third- third-party service provider has the right to undertake collection activity against you. You agree to reimburse the third-party service provider upon demand. You agree that the third-party service provider may charge you interest at the rate of 1.5% per month (or the legal maximum rate, whichever is less) on unpaid amounts, together with reasonable attorneys attorney’s fees and any returned payment fees that it may be charged by us, Billers or other financial institutions. The third-party service provider may also report the facts to a credit reporting agency. You acknowledge that (a) Provider Payments, interest, attorneys attorney’s fees and returned payment fees are obligations that you incur directly to the third-party service provider (not to us), and (b) all collection activity for Provider Payments and such associated amounts are undertaken by the third-party service provider for its own account (not at our direction or as our agent or our assignee). Such collection activity is undertaken solely by the third-party service provider and not on our behalf. Such collection activity by the third-party service provider is not part of the Service, and shall not be deemed to occur in connection with the Service, and we shall bear no responsibility or liability for the third-party service provider’s collections activities. All joint owners of the Payment Account are jointly and severally liable for Provider Payments by the third-party service provider, and for overdrafts in the Payment Account. PAYMENT AMOUNT LIMITS For security purposes, the Service may impose limits on the amount of money you can send through the Service, in total over a time period or by transaction. Your limits may be adjusted from time-to-time in the Service’s sole discretion. Also, Billers may impose their own limitations on xxxx payments or e-Bills that are beyond the control of the Service. CANCELLING OR EDITING A SCHEDULED PAYMENT There is no charge for canceling or editing a Scheduled Payment. Once a Scheduled Payment has begun processing by ACH or by issuance of any check or laser draft, it cannot be cancelled or edited. Instead, a Stop Payment must be requested. On-Line Cancellation or Editing. You may cancel or edit a Scheduled Payment (including recurring payments) by following the directions in the Service’s section of our online banking services site.