Common use of Receiving Payments Clause in Contracts

Receiving Payments. If another person wants to send you a payment transaction using the Person-to-Person Service to a Transaction Account you hold with us, he or she can do that from a Transaction Account at a financial institution that participates in the Person-to-Person Service or at the Person-to-Person Website. You understand and agree that there may be a delay between the time you are notified of the pending payment transaction and the deposit of the payment funds into your Transaction Account, and you may be required to take additional steps to facilitate the deposit of the payment of funds into your Transaction Account.

Appears in 4 contracts

Samples: Account Agreement, Account Agreement, www.mvfcu.coop

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Receiving Payments. If another person wants to send you a payment transaction using the Person-to-Person Service to a Transaction Account you hold with us, he or she they can do that from a Transaction Account at a financial institution that participates in the Person-to-Person Service or at the Person-to-Person Website. You understand and agree that there may be a delay between the time you are notified of the pending payment transaction and the deposit of the payment funds into your Transaction Account, and you may be required to take additional steps to facilitate the deposit of the payment of funds into your Transaction Account.

Appears in 3 contracts

Samples: Account Agreement, Account Agreement, Electronic Funds Transfer Agreement

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Receiving Payments. If another person wants to send you a payment transaction using the Personperson-to-Person Service person service to a Transaction Account transaction account you hold with us, he or she can do that from a Transaction Account transaction account at a financial institution that participates in the Personperson-to-Person Service person service or at the Personperson-to-Person Websiteperson website. You understand and agree that there may be a delay between the time you are notified of the pending payment transaction and the deposit of the payment funds into your Transaction Accounttransaction account, and you may be required to take additional steps to facilitate the deposit of the payment of funds into your Transaction Accounttransaction account.

Appears in 2 contracts

Samples: Business Agreement, es.myoccu.org

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