Common use of PAYEE DESIGNATION Clause in Contracts

PAYEE DESIGNATION. You can use the Xxxx Pay Service to make payments to almost any Payee or Payee, including individuals, local service providers, utilities, credit cards, mortgage or loan payments, or charitable donations, etc. The Xxxx Pay Service cannot be used to make payments for the following: • Tax payments to the Internal Revenue Service or any state, local or other government agency; • To purchase securities; • Payment of illegal transactions; • Court-ordered payments such as child support or alimony; and • Payees located outside of the United States. By furnishing us with the names of your Payees, account information and addresses, you give us authorization to follow the Payment instructions that you provide to us. When we receive Payment instructions for the current date or a future date, TSB will remit the funds to the Payee on your behalf from the funds in your designated Account; on the day you have instructed them to be sent (“Payment Date”). We are not obligated to pay funds from your Account if the available Account balance is insufficient to cover the Payment. Funds for xxxx payments paid electronically will be withdrawn from your account on the scheduled payment date. Funds for xxxx payments paid by check will be withdrawn from your account when the check clears your account. We are not responsible if a Payment cannot be made due to incomplete, incorrect, or outdated information provided by you regarding a Payee, or if you attempt to pay a Payee that is not on your Payee Accounts list.

Appears in 1 contract

Samples: Bill Pay Agreement

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PAYEE DESIGNATION. You can use the Xxxx Bill Pay Service to make payments to almost any Payee or Payee, including individuals, local service providers, utilities, credit cards, mortgage or loan payments, or charitable donations, etc. The Xxxx Bill Pay Service cannot be used to make payments for the following: • Tax payments to the Internal Revenue Service or any state, local or other government agency; • To purchase securities; • Payment of illegal transactions; • Court-ordered payments such as child support or alimony; and • Payees located outside of the United States. By furnishing us with the names of your Payees, account information and addresses, you give us authorization to follow the Payment instructions that you provide to us. When we receive Payment instructions for the current date or a future date, TSB will remit the funds to the Payee on your behalf from the funds in your designated Account; on the day you have instructed them to be sent (“Payment Date”). We are not obligated to pay funds from your Account if the available Account balance is insufficient to cover the Payment. Funds for xxxx bill payments paid electronically will be withdrawn from your account on the scheduled payment date. Funds for xxxx bill payments paid by check will be withdrawn from your account when the check clears your account. We are not responsible if a Payment cannot be made due to incomplete, incorrect, or outdated information provided by you regarding a Payee, or if you attempt to pay a Payee that is not on your Payee Accounts list.

Appears in 1 contract

Samples: Bill Pay Agreement

PAYEE DESIGNATION. You can use the Xxxx Bill Pay Service to make payments to almost any Payee or PayeePayees, including individuals, local service providers, utilities, credit cards, mortgage or loan payments, payments or charitable donations, etc. The Xxxx Bill Pay Service cannot be used to make payments for the following: • Tax payments to the Internal Revenue Service or any state, local or other government agency; • To purchase securities; • Payment of illegal transactions; • Court-ordered Court‐ordered payments such as child support or alimony; and and/or To Payees located outside of the United States. By furnishing us with the names of your Payees, account information and addresses, you give us authorization to follow the Payment instructions that you provide to us. When we receive Payment instructions for the current date or a future date, TSB the Bank will remit the funds to the Payee on your behalf from the funds in your designated Account; on the day you have instructed them to be sent (“Payment Date”). We are not obligated to pay funds from your Account if the available Account balance is insufficient to cover the Payment. Funds for xxxx bill payments paid electronically will be withdrawn from your account on the scheduled payment date. Funds for xxxx bill payments paid by check will be withdrawn from your account when the check clears your account. We are not responsible if a Payment cannot be made due to incomplete, incorrect, incorrect or outdated information provided by you regarding a Payee, or if you attempt to pay a Payee that is not on your Payee Accounts list.

Appears in 1 contract

Samples: www.bankofthevalley.com

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PAYEE DESIGNATION. You can use the Xxxx Pay Service to make payments to almost any Payee or PayeePayees, including individuals, local service providers, utilities, credit cards, mortgage or loan payments, payments or charitable donations, etc. The Xxxx Pay Service cannot be used to make payments for the following: Tax payments to the Internal Revenue Service or any state, local or other government agency; To purchase securities; Payment of illegal transactions; • Court-ordered  Court‐ordered payments such as child support or alimony; and • and/or  To Payees located outside of the United States. By furnishing us with the names of your Payees, account information and addresses, you give us authorization to follow the Payment instructions that you provide to us. When we receive Payment instructions for the current date or a future date, TSB the Bank will remit the funds to the Payee on your behalf from the funds in your designated Account; on the day you have instructed them to be sent (“Payment Date”). We are not obligated to pay funds from your Account if the available Account balance is insufficient to cover the Payment. Funds for xxxx payments paid electronically will be withdrawn from your account on the scheduled payment date. Funds for xxxx payments paid by check will be withdrawn from your account when the check clears your account. We are not responsible if a Payment cannot be made due to incomplete, incorrect, incorrect or outdated information provided by you regarding a Payee, or if you attempt to pay a Payee that is not on your Payee Accounts list.

Appears in 1 contract

Samples: www.bankofthevalley.com

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