Scheduling Bill Payments. If available, you can set up automatic payment of your account(s) from a checking account via ACH, or credit card.
Scheduling Bill Payments. There may be a gap between the date the payment is scheduled, and the date the payee receives that payment. To avoid incurring a finance charge, you must schedule your payments will in advance of the due date of your payment, a minimum of 5 to 8 business days in advance. Some payees are not set up to accept electronic payments. In these cases, a check will be sent. If a payment you designate is paid by paper check, you understand and agree that the paper checks are mailed to the payee and the payment may not be received by the payee until 5 to 8 business days after the Payment Date. If a payee is to be paid electronically, you understand and agree that the payee may not receive the payment until 3 days after the Payment Date. If you do not allow sufficient time, you will assume full responsibility for all late fees, finance charges, or other actions taken by the payee. PROVISIONALITY OF AUTOMATED CLEARING HOUSE (ACH) PAYMENTS: A Receiving Depository Financial Institution (“RDFI”) is the institution that receives ACH entries from the ACH Operator and posts them to the accounts of its depositors (“Receivers”). If your bill payment is sent via ACH to the payee (“Receiver”), you agree to be bound by the provisions of the National Automated Clearing House Association Rules, making payment of a credit entry by the RDFI to the Receiver provisional until receipt by the RDFI of final settlement for such credit entry. You understand that if final settlement is not received, the RDFI will be entitled to refund from the Receiver of the amount credited and you will not be deemed to have paid the amount you had owed to the payee of the bill payment. You also agree that any payment by us to you for any returned ACH credit entry or ACH credit reversal is provisional until receipt by us of final settlement of such entry. If final settlement is not received, we are entitled to a refund from you of the amount credited and we may charge your account for the credit amount. We may refuse to permit the use of any amount credited for a credit reversal if we believe that there may not be sufficient funds in your account to cover chargeback or return of such reversal.
Scheduling Bill Payments. Payments can be entered as a one time or recurring transaction. Payments may be scheduled for the current business day or any date in the future at any time of day, but they will only be processed once a day before our cut-off time of 3 PM (Pacific Time) on any business day. If you attempt to schedule a payment for that day after 3 PM, the system will notify you that you need to change the date to the next business day. Anything scheduled on a non-business day, or after the cut-off time, will not be sent out until the following business day. Payments that you make through the Service are processed either electronically or by check. In general, the system will attempt to tell you when you can expect the payment to be received by the payee. The estimated payment delivery time frame is typically shown on the check below the amount line. Since we must forward the funds and billing information to the payee, some lead-time for payments is necessary. Payments made electronically are generally received and credited by your Payee within three (3) business days. Payments made by check are generally received and credited by your Payee within five (5) to seven (7) business days. Our Service assumes the payee/vendor will promptly process the payment on the business day it is received. Any delays caused by the payee/vendor would result in additional days before the payment would show on their records. If the bill payment-processing agent or this financial institution has to send a paper check in the US Postal system, we typically suggest that you schedule the payment at least five (5) business days prior to the payee’s due date. If the payee accepts electronic payments, we suggest that you schedule the payment at least three (3) business days prior to the payee’s due date. In all cases, the payment should be delivered to the payee/vendor and credited to your account at least by the tenth (10th) business day after the payment was approved and charged to your account. By using this service, you authorize us, and any third-party payment-processing agent we may use, to choose whatever method we feel is the most effective method to process your transaction. The suggested time frames for scheduling payments generally will be determined by the way the payment is sent to the payee.
Scheduling Bill Payments. The earliest possible Scheduled Payment Date for each payment will be designated on the system you are scheduling the payment. While it is anticipated that most Bill Pay transactions will be processed and completed on the Business Day you selected as your Scheduled Payment Date, you acknowledge that due to circumstances beyond our control, such as delays by the payee and the payee’s bank or agent in handling and posting Bill Pay transactions, some Bill Pay transactions may take longer to be posted to your account at the payee. For this reason, we recommend that you select the Scheduled Payment Date that is the earliest possible Scheduled Payment Day before the actual due date of the payment. You agree that we will not be responsible for any Bill Pay transaction that is received or posted by the payee after the payment due date or after any applicable grace period, or any late charge or penalty being assessed by the payee as a result of such late payment. In such event, you agree that you shall have the sole risk of incurring and the sole responsibility for paying any and all charges or penalties assessed by the payee.
Scheduling Bill Payments. To electronically schedule a payment with your PC, follow the simple instructions in the Online Help file. Payments may range in amounts up to 99,999.00. However, the credit union reserves the right to place minimum and maximum payment amounts different from those listed. When you schedule a bill payment, you authorize us to withdraw the amount of your payment from your Designated Bill Paying Account.
Scheduling Bill Payments. The scheduled delivery date is the date you enter for the payment to be delivered to the Payee. For payments made by electronic transmission or corporate check, the payment amount will be debited from, or charged to the account that you designate on the scheduled send-on date. If the scheduled delivery date is a weekend or non-bank business day, then the delivery date will be the prior bank business day. When you attempt to schedule a payment, we will inform you of the earliest available delivery date. To assure timely payment and obtain the full benefit of the Digital Banking Guarantee, you must schedule payments and your account must be in good standing at least four (4) bank business days before the payment due date. If you do not, or if for any reason your account is not in good standing, you will be fully responsible for all late fees, interest charges or other action taken by the Payee. Under our Digital Banking Guarantee, if we fail to process a payment in accordance with your properly completed instructions, we will reimburse you for any late- payment fees. If we are unable to complete the payment because of insufficient funds in your account or some other reason, we will notify you if your account is no longer in good standing and eligible to be used for bill payments.
Scheduling Bill Payments. For bill payments, ensure that you set the Send On date at least three (3) business days in advance of the due date for electronic payments and seven (7) business days in advance of the due date for check payments. Please be sure to allow sufficient time for your payee to receive your payment and credit your account properly. To avoid incurring finance or other charges, you should schedule your payment to arrive on or before the payee's stated due date. The Credit Union is not responsible for postal delays or processing delays by the payee or any fees, late charges, or finance charges associated with those delays or other delivery or payee payment processing issues. To determine the payment method for payees, click on the Payee in Bill Payment and locate the payment method in the right-hand column for a specific payee. This information will only be available for payees for which you’ve already submitted payments. Be sure to take into account that, although you can schedule a payment at any time, payments are actually initiated (sent to the payee) only on business days. Limitations You are responsible for correct payee setup and maintenance, including but not limited to accurate payee address and account numbers and we shall not be liable for fees, charges, or finance charges for payment processing errors due to errors you make in payee setup or maintenance. If, in accordance with all terms and conditions of this agreement, you provide all required payee information, bill payment instructions, and dollar amounts that are timely, accurate, and complete and we fail to complete a bill payment properly requested and executed in the Bill Payment system, we will resolve fees or charges that occur as a result on that bill payment request. Exceptions include but are not limited to bill payment requests that are in direct violation of a legal order directing us to prohibit transactions from the account, malfunctioning software applications, service interruptions of telecommunication providers, or other natural disasters or events outside our control, fraudulent transactions or violations of law, or as otherwise stated in account agreements. Our sole responsibility for a bill payment transaction we fail to complete as described in this paragraph will be to correct the error but in no case will we be liable for indirect, incidental, special, or consequential damages arising out of the use of the Bill Payment service. If your bill payment fails for any reason, we may a...
Scheduling Bill Payments. Our online system will ask you to specify a "Process Date " for each payment. Since we cannot initiate a payment by check or ACH transfer earlier than the business day following our receipt of your instruction, you may select any business day other than the current date as the Process Date. You should enter and transmit your payment instructions to us five to ten business days before your payment is due (without regard to any grace period). The first time you initiate a bill payment for a specific payee, you must provide us with the necessary payment information and instruction 10 business days in advance of the date you want us to initiate payment. Although we may be able to pay certain payees electronically within three business days of the Process Date, it may take longer for payments sent by mail, depending on the location of the payee and the speed of the mail. It is your responsibility to request that payments be made in such a manner that they will be received in time. You are solely responsible for any damages, such as late charges, that may be imposed as a result of your failure to identify the correct Process Date and transmit your payment instructions to us in a timely manner. To ensure that critical or time-sensitive payments are received on time, you should consider establishing Process Dates (especially for payees that will receive payments by mail) well in advance of the payment due date.
Scheduling Bill Payments. Bill payment(s) scheduled after 3:00pm (Central Time) will be processed on the next business day. Our online system will determine if the payment is sent electronically or by paper check. If payment is made by paper check, you understand and agree that paper checks are mailed, and the payee may not receive payment until five (5) to seven (7) business days after the payment is deducted from your account. If the payment is made electronically, you understand and agree that the payee may not receive payment until seventy-two (72) hours after the payment is deducted from your account. You understand and agree that we are not responsible for the timely delivery of mail, or the improper transmission or handling of payments by a third party (such as the failure of the payee to properly post a payment to your account). You also understand and agree that we are not responsible if you do not have sufficient funds in your account on the date payment is to be deducted from your account. Payment(s) made through the Bill Payment Service require sufficient time for your payee to credit your account properly. You must authorize and schedule payment(s) within a sufficient time frame to avoid finance charges or other charges that may be assessed by the payee for late or non-receipt of payment. The Bank will not be responsible for any charges assessed or other action taken by a payee resulting from a late or non-receipt of payment, including but not limited to finance charges and late fees. It is your responsibility to request that payments be made in such a manner that they will be received in time. We are not responsible for postal delays or processing delays by the Payee. You are solely responsible for any damages, such as late charges, that may be imposed as a result of your failure to identify the correct Process Date and transmit your payment instructions to us in a timely manner. To ensure that critical or time-sensitive payments are received on time, you should consider establishing Process Dates (especially for payees that will receive payments by mail) well in advance of the payment due date. Funds must be available in the designated account on the scheduled payment date. If your account does not have sufficient funds on the scheduled date, the payment will be processed as any other non-sufficient funds item, with all applicable charges as provided in the Deposit Account Agreement and Schedule of Fees. You will be notified, and the Bank shall have no obligation or ...
Scheduling Bill Payments. In many cases, your Bill Payment will be electronically delivered to the Payee within two
