Common use of Payment Order Processing and Cut-off Times Clause in Contracts

Payment Order Processing and Cut-off Times. Payment orders we accept will be executed within a reasonable time of receipt. Unless we have agreed otherwise in writing, a payment order may not necessarily be executed on the date it is received or on a particular date you specify. Cut-off times may apply to the receipt, execution and processing of fund transfers, payment orders, cancellations, and amendments. Fund transfers, payment orders, cancellations, and amendments received after a cut-off time may be treated as having been received on the next fund transfer business day. Information about any cut- off times is available upon request. From time to time, we may need to temporarily suspend processing of a transaction for greater scrutiny or verification in accordance with applicable law. This action may affect settlement or availability of the transaction.

Appears in 2 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement

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Payment Order Processing and Cut-off Times. Payment orders we accept will be executed within a reasonable time of receipt. Unless we have agreed otherwise in writing, a payment order may not necessarily be executed on the date it is received or on a particular date you specify. Cut-off times may apply to the receipt, execution and processing of fund transfers, payment orders, cancellations, and amendments. Fund transfers, payment orders, cancellations, and amendments received after a cut-off time may be treated as having been received on the next fund transfer business day. Information about any cut- cut-off times is available upon request. From time to time, we may need to temporarily suspend processing of a transaction for greater scrutiny or verification in accordance with applicable law. This action may affect settlement or availability of the transactiontransaction .

Appears in 1 contract

Samples: Membership and Account Agreement

Payment Order Processing and Cut-off Times. Payment orders we accept will be executed within a reasonable time of receipt. Unless we have agreed otherwise in writing, a payment order may not necessarily be executed on the date it is received or on a particular date you specify. Cut-off times may apply to the receipt, execution and processing of fund transfers, payment orders, cancellations, and amendments. Fund transfers, payment orders, cancellations, and amendments received after a cut-off time may be treated as having been received on the next fund transfer business day. Information about any cut- cut-off times is available upon request. From time to time, we may need to temporarily suspend processing of a transaction for greater scrutiny or verification in accordance with applicable law. This action may affect settlement or availability of the transaction.

Appears in 1 contract

Samples: Membership and Account Agreement

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Payment Order Processing and Cut-off Times. Payment orders we accept will be executed within a reasonable time of receipt. Unless we have agreed otherwise in writing, a payment order may not necessarily be executed on o n the date it is received or on a particular date you specify. Cut-off times may apply to the receipt, execution and processing of fund funds transfers, payment orders, cancellations, and amendments. Fund Funds transfers, payment orders, cancellations, and amendments amendment s received after a cut-off time may be treated as having been received on the next fund following funds transfer business day. Information about any cut- off cut -off times is available upon request. From time to time, we may need to temporarily suspend processing of a transaction t ransaction for greater scrutiny or of verification in accordance with applicable law. This action may affect settlement or availability of the transaction.

Appears in 1 contract

Samples: Membership and Account Agreement

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