Common use of Payee Limitation Clause in Contracts

Payee Limitation. The Service reserves the right to refuse to pay any Payee to whom you may direct a payment. The Service will notify you promptly if it decides to refuse to pay a Payee designated by you. This notification is not required if you attempt to make a prohibited payment or an exception payment under this Agreement.

Appears in 21 contracts

Samples: Online Banking Access Agreement, Retail Mobile and Online Banking Agreement, Agreement

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Payee Limitation. The Service reserves the right to refuse to pay any Payee to whom you may direct a payment. The Service will notify you promptly if it decides to refuse to pay a Payee designated by you. This notification is not required if you attempt to make a prohibited payment or an exception payment under this Agreement.

Appears in 2 contracts

Samples: www.germanamericanstatebank.com, www.lenastatebank.com

Payee Limitation. The Service reserves the right to refuse to pay any Payee to whom you may direct a payment. The Service will notify you promptly if it decides to refuse to pay a Payee designated by you. This notification is not required if you attempt to make a prohibited payment or an exception payment under this Agreement. This Agreement does not alter your liability or obligations that currently exist between you and your Payees.

Appears in 1 contract

Samples: Business Banking Master Agreement

Payee Limitation. The Service reserves the right to refuse to pay any Payee to whom you may direct a payment. The Service will electronically notify you promptly if it decides to refuse to pay a Payee designated by you. This notification is not required if you attempt to make a prohibited payment or an exception payment under this Agreement. Information Authorization Your enrollment in the Service may not be fulfilled if the Service cannot verify your identity or other necessary information. You agree that the Service reserves the right to obtain account information from your Payee (for example, to resolve payment posting problems or for verification).

Appears in 1 contract

Samples: Terms and Conditions

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Payee Limitation. The Service reserves the right to refuse to pay any Payee to whom you may direct a payment. The Service will notify you promptly if it decides to refuse to pay a Payee designated by you. This notification is not required if you attempt to make a prohibited payment or an exception payment under this Agreementthese Terms and Conditions.

Appears in 1 contract

Samples: Depository Agreement and Disclosures

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