Payee List Sample Clauses
The Payee List clause defines the specific individuals or entities authorized to receive payments under the agreement. It typically outlines the names, contact information, and payment details for each payee, ensuring that funds are disbursed only to those listed. This clause helps prevent unauthorized payments and provides clarity for both parties regarding who is entitled to receive funds, thereby reducing the risk of disputes or errors in payment processing.
Payee List. You must provide Bank with complete and accurate information to enable Bank to properly direct a payment to the correct Payee and the correct Payee account ("Payee Information"). Payee Information will include, but not be limited to, the name, telephone number, and address of the Payee and the Payee account number. You can enter Payee Information directly using the ▇▇▇▇ Payment Service. Additions, deletions and changes to Payee Information are entered directly by you, and are communicated to Bank upon transmission of the information to Bank. Additions, deletions, and/or changes to Payees will be effective immediately. Bank may rely on the accuracy of the Payee Information provided, until such time as you notify us otherwise. Any notifications for additions, deletions, or changes must be in writing and provided to the Bank before they will be effective. Bank will have a reasonable amount of time to implement changes to your Payee Information. Bank will endeavor to update all Payee Information change requests within one (1) full Business Day of Bank’s receipt of the request.
Payee List. Company will provide Bank with a list of payee names that Company has the legal authority to accept checks for deposit and otherwise negotiate. This includes variations of the legal name(s). Checks payable to unacceptable payees will be returned to Company.
Payee List. View and edit a payee's information; view payment history; view e-bills and notices received online from this payee; set up, change, or cancel an e-bill using the links within the E-Bill Status column; view and change the payment option - pay manually (for all Payee types), pay automatically at regular intervals (for all Payee types), or pay automatically in response to an e-bill (Payees with Bill Presentment only).
Payee List. For the ▇▇▇▇ Payment Service, your Payee list may include utility companies, merchants, financial institutions, insurance companies, individuals, etc. within the United States whom you wish to pay through ▇▇▇▇ Payment Service. You must include the full name of the Payee and a complete mailing address and telephone number for each Payee, along with your Account number with the Payee, the amount of the ▇▇▇▇ Payment, and whether the ▇▇▇▇ Payment is recurring. We reserve the right to decline to make ▇▇▇▇ Payments to certain persons and entities. You agree that any ▇▇▇▇ Payment for taxes, ▇▇▇▇ Payments that are court- ordered, government payments and ▇▇▇▇ Payments outside of the United States are prohibited and you agree that you will not attempt to use the Service to make these types of ▇▇▇▇ Payments. On recurring ▇▇▇▇ Payments, it is the responsibility of the account owner or Corporate Users to update Payee account information such as address changes, account numbers, etc.
Payee List. BankStreet Touch Tone allows the User to hear a list of all active Payees along with their respective Payee number.
Payee List. Third-Party Sender will provide Bank with a list of Payee names that Third-Party Sender has the legal authority to accept checks for deposit and otherwise negotiate. This includes variations of the legal name(s). Checks payable to unacceptable payees will be returned to Third-Party Sender.