Common use of Processing Single Non-Recurring Bill Payments Clause in Contracts

Processing Single Non-Recurring Bill Payments. We processes single non-recurring Bill Payments on the Business Day that you designate as the Bill Payment’s Process Date, provided the Bill Payment is submitted prior to the daily cutoff time on that date. We processes single non-recurring Bill Payments submitted after the cutoff time on the following Business Day. If you designate a non-Business Day as the Bill Payment’s Process Date, we will process on the first Business Day following your designated Process Date. An order to us to make a single non-recurring Bill Payment through Bill Payment Services cannot be given more than 364 days before the date the single non-recurring Bill Payment is to become due.

Appears in 2 contracts

Sources: Digital Banking Services Agreement, Digital Banking Services Agreement