Failed Service Transfers Sample Clauses

Failed Service Transfers. A Service Transfer may fail if: ● there are insufficient funds available in the Sender’s account when the Sender submits the Service Transfer Request; ● the sending Service Participant suspects or determines that the Service Transfer does not comply with these RTP Terms or the rules of the RTP system; ● the Receiver rejects the Service Transfer or has declined to receive Service Transfers; ● the Service Transfer request exceeds the Transaction Send Limits; ● the Receiver’s account at the receiving Service Participant is closed, invalid, ineligible to receive Service Transfers, or being monitored for suspected fraudulent or other illegal activity; ● the Sender’s account at the sending Service Participant is being monitored for suspected fraudulent or other illegal activity; ● the sending or receiving Service Participant otherwise declines to process the Service Transfer for risk-management, legal, or regulatory reasons; or ● the Service is unavailable. In addition, completion of a Service Transfer may be delayed if the Service Transfer is subject to review by the sending or receiving Service Participant for fraud, regulatory or compliance purposes. Service Transfer requests are typically completed within 15 seconds of transmission by the Sender, unless the Service Transfer fails or is delayed as described above. If you are the Sender, we will notify you if a Service Transfer fails. If you are the Receiver, we will not communicate to you that the Service Transfer has failed. If you have not received a Service Transfer that you were expecting, you must contact the Sender.
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