Common use of Recurring Clause in Contracts

Recurring. If you designate a Bill Payment as a “Recurring” transactions, you may request, and the Credit Union will use, a Scheduled Initiation Date that reoccurs on a specified regular basis (i.e. weekly, bi-weekly, monthly, etc.). You will designate a “start” and “end” date. Sufficient funds must be available by midnight of the night before the Scheduled Initiation Date, but will be deducted from your checking account on the Scheduled Initiation Date. “Recurring” transactions may be canceled or changed until 12:00 midnight of the night before the Scheduled Initiation Date.

Recurring. If you designate a Bill Payment as a “Recurring” transactionsRecurring”transactions, you may request, and the Credit Union will use, a Scheduled Initiation Date that reoccurs on a specified specified regular basis (i.e. weekly, bi-weekly, monthly, etc.). You will designate a “start” and “end” date. Sufficient Sufficient funds must be available by midnight of the night before the Scheduled Initiation Date, but will be deducted from your checking account on the Scheduled Initiation Date. “Recurring” transactions may be canceled or changed until 12:00 midnight of the night before the Scheduled Initiation Date.. BILL PAYMENTS