Common use of Receiving Money Clause in Contracts

Receiving Money. You may receive money from another User at their initiation. Once a User initiates a transfer of money to your email address or U.S. mobile phone number enrolled with the Service, you have no ability to stop the transfer. By using the Service, you agree and authorize us to initiate credits to the Account you have enrolled. Most transfers of money to you from other Users will occur in minutes, but there may be circumstances when the payment may take longer. We or Zelle may need additional time to verify your identity or the identity of the User sending the money before crediting your Account. We may also delay or block the transfer to prevent fraud or to meet our regulatory obligations. If we block a payment that you have initiated through a request for money, we will notify you. We shall have no liability to you for any such transfers of money, including without limitation, (i) any failure through no fault of us to complete a transaction in the correct amount, or (ii) any related losses or damages. If you are receiving a payment from a business or government agency, your payment will be delivered in accordance with both these Terms and Conditions and the procedures of the business or government agency that is sending you the payment.