Common use of Right to Stop Payment and Procedure for Doing So Clause in Contracts

Right to Stop Payment and Procedure for Doing So. You can place a stop payment on a recurring payment through our Audio Response Teller banking system, our Home Banking system, by writing to us at 0000 Xxxxxx Xxxxx, Xxxxxxx, XX 00000, or you may ask us orally at least three (3) business days or more before the next payment from your account is scheduled to be made. If you call or tell us orally, we may also require you to put your request in writing and get it to us within fourteen (14) days after you call or the stop payment order will cease to be binding. We will charge you a fee for each stop payment order you give as set forth in our Fee Schedule. If you stop payment on a preauthorized payment from your account and that payment is a recurring debit, the stop payment applies only to that particular payment. You are not revoking authorization for the third party to receive the recurring payment. If you have requested to cancel the entire preauthorized payment authorization, you understand and agree that you must also contact the third party to cancel (revoke) the entire preauthorized payment authorization and provide us with a copy of your written revocation notice to the third party.

Appears in 8 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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Right to Stop Payment and Procedure for Doing So. You can place a stop payment on a recurring payment through our Audio Response Teller banking system, our Home Banking system, by writing to – Here is how: Call or write us at 0000 Xxxxxx Xxxxx, Xxxxxxx, XX 00000, the telephone number or you may ask address listed in this Agreement in time for us orally at least to receive your request three (3) business days or more before the next payment from your account is scheduled to be made. If you call or tell us orally, we may also require you to put your request in writing and get it to us within fourteen (14) days after you call call, or the stop payment order will cease to be binding. We will charge you a fee for each stop payment order you give as set forth in our Fee Schedule. If you stop payment on a preauthorized payment from your fromyour account and that payment is a recurring debit, the stop payment applies only to that particular payment. You are not revoking authorization for the third party to receive the recurring payment. If you have requested to cancel the entire preauthorized payment authorization, you understand and agree that you must also contact the third party to cancel (revoke) the entire preauthorized payment authorization and provide us with a copy of your written revocation notice to the third party.

Appears in 4 contracts

Samples: Master Account Agreement, Master Account Agreement, Master Account Agreement

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Right to Stop Payment and Procedure for Doing So. You can place a stop payment on a recurring payment through our Audio Response Teller banking systemour, our Home Online Banking system, by writing to us at 0000 Xxxxxx XxxxxX. Xxxxxxxxx Blvd., XxxxxxxLos Angeles, XX 00000CA 90025, or you may ask us orally at least three (3) business days or more before the next payment from your account is scheduled to be made. If you call or tell us orally, we may also require you to put your request in writing and get it to us within fourteen (14) days after you call or the stop payment order will cease to be binding. We will charge you a fee for each stop payment order you give as set forth in our Fee ScheduleSchedule of Fees and Charges. If you stop payment on a preauthorized payment from your account and that payment is a recurring debit, the stop payment applies only to that particular payment. You are not revoking authorization for the third party to receive the recurring payment. If you have requested to cancel the entire preauthorized payment authorization, you understand and agree that you must also contact the third party to cancel (revoke) the entire preauthorized payment authorization and provide us with a copy of your written revocation notice to the third party.

Appears in 1 contract

Samples: Account Agreement

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