Common use of Payment Cancellations Clause in Contracts

Payment Cancellations. You may cancel or edit a scheduled payment up until the time that payment processing begins. There is no charge for canceling or editing a scheduled payment. However, once the Allied Service has begun processing a payment, it cannot be cancelled or edited and a stop payment request must be submitted. In order to cancel a payment, you must sign into Online Banking and follow the directions provided on the Bill Pay screens. The cancel feature is found in the “Payment History” or “Recurring Payments” sections of Online Banking. Future-dated payments can be cancelled prior to 5 p.m. PT on the scheduled send on date. To preserve your rights under the Electronic Funds Transfer Act, we must receive your cancellation request three (3) bank business days or more before the payment or transfer is scheduled for processing.