Common use of Receiving Money Clause in Contracts

Receiving Money. 6.1 You can receive money into your CAPAY Account. You can receive money into your CAPAY Account using methods which we support from time to time. 6.2 The money received is shown in your CAPAY Account. Any money you receive into your CAPAY Account will be recorded in the transaction history section of your CAPAY Account. You should check the incoming funds in your CAPAY Account against your own records regularly and let us know if there are any irregularities. 6.3 The money received may be subject to reversal. You acknowledge that the money received in your CAPAY Account ("Received Amount") may be subject to reversal and you agree that we may deduct the Received Amount from your CAPAY Account if it was reversed by the person who paid you the Received Amount or any relevant payment services provider.

Appears in 2 contracts

Sources: Terms and Conditions Agreement, Terms and Conditions