Common use of Preauthorized Payments Clause in Contracts

Preauthorized Payments. You may arrange for the deposit of funds directly into your checking, money market or savings account with us, such as Social Security, payroll, retirement plan or insurance deposits. You may also arrange for payments to be made from your account to third parties, such as mortgage or loan payments or health club membership payments. These transactions are generally processed through automated clearing houses, are referred to as "ACH" transactions and are subject to the then current rules and regulations of the National Automated Clearing House Association ("NACHA"). Any transfer of funds you receive through an ACH is provisional and you must repay the funds if we do not receive final settlement. For example, if you receive a direct deposit from the government, which the government seeks to reclaim, you authorize us to charge any account of yours to pay the claim without prior notice to you. Stop Payment Procedure for Preauthorized Payments You can stop a preauthorized ACH payment that you have arranged to be made from your account by calling us toll free at (000) 000-0000 or by writing us at City National Bank, 000 Xxxxx Xxxxxx Xx., 00xx Xxxxx, Xxx Xxxxxxx, XX 00000, Attn.: Client Services Call Center. We must receive the request at least three (3) Business Days before the payment you want to stop is scheduled to be made. You must tell us your name, account number, the exact payment amount, the payment date and the person or company that is to receive the payment. If you call, we may also require you to confirm your request in writing and make sure we receive it within fourteen (14) days after you call. If you follow these instructions and we do not stop payment as you requested, we may be liable to you. You will be charged our regular stop payment fee for your request. Your stop payment request is effective for two (2) years and only for the preauthorized payment scheduled to be made on the payment date that you give us and only for the exact amount and payee. If you want preauthorized payments to a specific recipient permanently stopped, you must tell us and you must also notify the recipient that you are revoking the authorization and ordering the payments stopped. We generally do not notify the recipient. For specific recurring payments you want stopped, the stop payment order will remain in place until withdrawn. You may cancel online bill payments or the Bill Pay service online, by phone, or by mail. Online or phone requests must be received by 6:00 p.m. Pacific Time on the payment processing date. All mail cancellation requests must be received three (3) Business Days or more before the payment processing date. If you call to cancel an online bill payment or cancel your bill payment service, we may also require you to put your request in writing. To cancel your Bill Pay service, you must first cancel all pending bill payment requests, then must call us at (000) 000-0000. See the City National Online® Access Agreement & Disclosure. You may not stop payment on a one-time transaction originated by use of your Check Card or ATM Card. If you have arranged to have regular payments made using your Check Card, you must contact the merchant or payee directly to stop payment on a payment. The payee may require advance notice of such a stop payment.

Preauthorized Payments. You may arrange for use your Card to make regular, preauthorized payments to merchants by giving your Card information to a merchant. If these payments may vary in amount, the deposit of funds directly into your checkingperson you are going to pay will tell you, money market or savings account with us10 days before each payment, such as Social Security, payroll, retirement plan or insurance depositswhen it will be made and how much it will be. You may also arrange for payments choose instead to be made get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set. You have the right to cancel a pre-authorized payment from your account to third parties, such as mortgage or loan payments or health club membership payments. These transactions are generally processed through automated clearing houses, are referred to as "ACH" transactions and are subject to the then current rules and regulations of the National Automated Clearing House Association ("NACHA"). Any transfer of funds you receive through an ACH is provisional and you must repay the funds if we do not receive final settlement. For example, Card if you receive a direct deposit from the government, which the government seeks to reclaim, you authorize call us to charge any account of yours to pay the claim without prior notice to you. Stop Payment Procedure for Preauthorized Payments You can stop a preauthorized ACH payment that you have arranged to be made from your account by calling us toll free at (0-000) -000-0000 or by writing write to us at City National BankCustomer Account Services, 000 Xxxxx Xxxxxx Xx.P.O. Box 245997, 00xx XxxxxSan Antonio, Xxx Xxxxxxx, XX 00000, Attn.: Client Services Call CenterTexas 78224-5997. We must receive the your request at least three (3) Business Days business days before the payment you want to stop is scheduled to be made. You also must tell us notify the payee. (Note: If we do not receive your namerequest at least three business days before the scheduled payment, account numberwe may attempt, the exact payment amountat our sole ACIDPA06 discretion, the payment date and the person or company that is to receive stop the payment. However, we assume no responsibility for our failure or refusal to do so, even if we accept your stop payment request). If you call, we may also require you to confirm your request in writing and make sure we receive it within fourteen (14) days after you call. If you follow these instructions and we do not stop payment as you requested, we may be liable to you. You will be charged our regular stop payment fee for your request. Your stop payment request is effective for two (2) years and only for the preauthorized payment scheduled to be made on the payment date that you give us and only for the exact amount and payee. If you want preauthorized payments to a specific recipient permanently stopped, you must tell us and you must also notify the recipient that you are revoking the authorization and ordering the payments stopped. We generally do not notify the recipient. For specific recurring payments you want stopped, the stop payment order will remain in place until withdrawn. You may cancel online bill payments or the Bill Pay service online, by phone, or by mail. Online or phone requests must be received by 6:00 p.m. Pacific Time on the payment processing date. All mail cancellation requests must be received three (3) Business Days or more before the payment processing date. If you call to cancel an online bill payment or cancel your bill payment service, we may also require you to put your request in writingwriting to us and to provide us with a copy of your notice to the payee, revoking the payee’s authority to originate debits to your Card, within 14 days after you call. To cancel If we do not receive the written confirmation within 14 days, we may honor subsequent debits to your Bill Pay serviceCard. For individual payments, please specify the exact amount (dollars and cents) of the transfer you must first cancel want to stop, the date of the transfer, and the identity of the payee. Unless you tell us that all pending bill payment requestsfuture transfers to a specific recipient are to be stopped, then must call us at (000) 000-0000. See the City National Online® Access Agreement & Disclosure. You we may not treat your stop payment on order as a one-time transaction originated by use of your Check Card or ATM Cardrequest concerning the one transfer only. If you have arranged to have regular payments made using your Check Card, you must contact the merchant or payee directly order us to stop payment on a payment. The payee may require advance notice one of such a stop paymentthese payments at least three business days before the transfer is scheduled and we do not do so, we will be liable for your losses or damages.

Preauthorized Payments. You may arrange for use your Card to make regular, preauthorized payments to merchants by giving your Card information to a merchant. If these payments vary in amount, the deposit of funds directly into your checkingperson you are going to pay will tell you, money market or savings account with us10 days before each payment, such as Social Security, payroll, retirement plan or insurance depositswhen it will be made and how much it will be. You may also arrange for payments choose instead to be made get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set. You have the right to cancel a pre-authorized payment from your account to third parties, such as mortgage or loan payments or health club membership payments. These transactions are generally processed through automated clearing houses, are referred to as "ACH" transactions and are subject to the then current rules and regulations of the National Automated Clearing House Association ("NACHA"). Any transfer of funds you receive through an ACH is provisional and you must repay the funds if we do not receive final settlement. For example, Card if you receive a direct deposit from the government, which the government seeks to reclaim, you authorize call us to charge any account of yours to pay the claim without prior notice to you. Stop Payment Procedure for Preauthorized Payments You can stop a preauthorized ACH payment that you have arranged to be made from your account by calling us toll free at (0-000) -000-0000 or by writing write to us at City National BankCustomer Account Services, 000 Xxxxx Xxxxxx Xx.P.O. Box 245997, 00xx XxxxxSan Antonio, Xxx Xxxxxxx, XX 00000, Attn.: Client Services Call CenterTexas 78224- 5997. We must receive the your request at least three (3) Business Days business days before the payment you want to stop is scheduled to be made. You also must tell us notify the payee. (Note: If we do not receive your namerequest at least three business days before the scheduled payment, account numberwe may attempt, the exact payment amountat our sole discretion, the payment date and the person or company that is to receive stop the payment. However, we assume no responsibility for our failure or refusal to do so, even if we accept your stop payment request). If you call, we may also require you to confirm your request in writing and make sure we receive it within fourteen (14) days after you call. If you follow these instructions and we do not stop payment as you requested, we may be liable to you. You will be charged our regular stop payment fee for your request. Your stop payment request is effective for two (2) years and only for the preauthorized payment scheduled to be made on the payment date that you give us and only for the exact amount and payee. If you want preauthorized payments to a specific recipient permanently stopped, you must tell us and you must also notify the recipient that you are revoking the authorization and ordering the payments stopped. We generally do not notify the recipient. For specific recurring payments you want stopped, the stop payment order will remain in place until withdrawn. You may cancel online bill payments or the Bill Pay service online, by phone, or by mail. Online or phone requests must be received by 6:00 p.m. Pacific Time on the payment processing date. All mail cancellation requests must be received three (3) Business Days or more before the payment processing date. If you call to cancel an online bill payment or cancel your bill payment service, we may also require you to put your request in writingwriting to us and to provide us with a copy of your notice to the payee, revoking the payee’s authority to originate debits to your Card, within 14 days after you call. To cancel If we do not receive the written confirmation within 14 days, we may honor subsequent debits to your Bill Pay serviceCard. For individual payments, please specify the exact amount (dollars and cents) of the transfer you must first cancel want to stop, the date of the transfer, and the identity of the payee. Unless you tell us that all pending bill payment requestsfuture transfers to a specific recipient are to be stopped, then must call us at (000) 000-0000. See the City National Online® Access Agreement & Disclosure. You we may not treat your stop payment on order as a one-time transaction originated by use of your Check Card or ATM Cardrequest concerning the one transfer only. If you have arranged to have regular payments made using your Check Card, you must contact the merchant or payee directly order us to stop payment on a payment. The payee may require advance notice one of such a stop paymentthese payments at least three business days before the transfer is scheduled and we do not do so, we will be liable for your losses or damages.

Preauthorized Payments. You may arrange for use your Card to make regular, preauthorized payments to merchants by giving your Card information to a merchant. If these payments may vary in amount, the deposit of funds directly into your checkingperson you are going to pay will tell you, money market or savings account with us10 days before each payment, such as Social Security, payroll, retirement plan or insurance depositswhen it will be made and how much it will be. You may also arrange for payments choose instead to be made get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set. You have the right to cancel a pre-authorized payment from your account to third parties, such as mortgage or loan payments or health club membership payments. These transactions are generally processed through automated clearing houses, are referred to as "ACH" transactions and are subject to the then current rules and regulations of the National Automated Clearing House Association ("NACHA"). Any transfer of funds you receive through an ACH is provisional and you must repay the funds if we do not receive final settlement. For example, Card if you receive a direct deposit from the government, which the government seeks to reclaim, you authorize call us to charge any account of yours to pay the claim without prior notice to you. Stop Payment Procedure for Preauthorized Payments You can stop a preauthorized ACH payment that you have arranged to be made from your account by calling us toll free at (0-000) -000-0000 or by writing write to us at City National BankCustomer Account Services, 000 Xxxxx Xxxxxx Xx.P.O. Box 245997, 00xx XxxxxSan Antonio, Xxx Xxxxxxx, XX 00000, Attn.: Client Services Call CenterTexas 78224-5997. We must receive the your request at least three (3) Business Days business days before the payment you want to stop is scheduled to be made. You also must tell us notify the payee. (Note: If we do not receive your namerequest at least three business days before the scheduled payment, account numberwe may attempt, the exact payment amountat our sole ACIDGI01 discretion, the payment date and the person or company that is to receive stop the payment. However, we assume no responsibility for our failure or refusal to do so, even if we accept your stop payment request). If you call, we may also require you to confirm your request in writing and make sure we receive it within fourteen (14) days after you call. If you follow these instructions and we do not stop payment as you requested, we may be liable to you. You will be charged our regular stop payment fee for your request. Your stop payment request is effective for two (2) years and only for the preauthorized payment scheduled to be made on the payment date that you give us and only for the exact amount and payee. If you want preauthorized payments to a specific recipient permanently stopped, you must tell us and you must also notify the recipient that you are revoking the authorization and ordering the payments stopped. We generally do not notify the recipient. For specific recurring payments you want stopped, the stop payment order will remain in place until withdrawn. You may cancel online bill payments or the Bill Pay service online, by phone, or by mail. Online or phone requests must be received by 6:00 p.m. Pacific Time on the payment processing date. All mail cancellation requests must be received three (3) Business Days or more before the payment processing date. If you call to cancel an online bill payment or cancel your bill payment service, we may also require you to put your request in writingwriting to us and to provide us with a copy of your notice to the payee, revoking the payee’s authority to originate debits to your Card, within 14 days after you call. To cancel If we do not receive the written confirmation within 14 days, we may honor subsequent debits to your Bill Pay serviceCard. For individual payments, please specify the exact amount (dollars and cents) of the transfer you must first cancel want to stop, the date of the transfer, and the identity of the payee. Unless you tell us that all pending bill payment requestsfuture transfers to a specific recipient are to be stopped, then must call us at (000) 000-0000. See the City National Online® Access Agreement & Disclosure. You we may not treat your stop payment on order as a one-time transaction originated by use of your Check Card or ATM Cardrequest concerning the one transfer only. If you have arranged to have regular payments made using your Check Card, you must contact the merchant or payee directly order us to stop payment on a payment. The payee may require advance notice one of such a stop paymentthese payments at least three business days before the transfer is scheduled and we do not do so, we will be liable for your losses or damages.