Common use of Provisions Governing Automatic Payment of Utility Bills Clause in Contracts

Provisions Governing Automatic Payment of Utility Bills. Various payment Article 1 The Principal shall apply for the automatic payment service in writing or through an ATM, the Internet, or another method agreed by the Bank. If the Bank is unable to make an automatic payment due to incomplete information, a mistake, or another reason, the Signatory shall be wholly responsible. Article 2 The Principal agrees the Bank shall begin making automatic payments after the Bank has accepted an application, obtained the Payer's consent, and completed all the internal procedures. Before completing the above steps, the Payer/institution taking out insurance (making contributions) shall make the relevant payments themselves.