Common use of Single Payments Clause in Contracts

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s process date, provided the payment is submitted prior to the daily cut-off time on that date. The daily cut-off time, which is controlled by the financial institution, is currently 9:00 PM EST. A single payment submitted after the cut-off time on the designated process date will be processed on the following business day. If you designate a non-business date (generally weekends and certain holidays) as the payment’s process date, the payment will be processed on the first business day following the designated process date.

Appears in 4 contracts

Sources: Electronic Banking Agreement, Electronic Banking Agreement, Electronic Banking Agreement

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s payment process date, provided the payment is submitted prior to the daily cut-off time on that datetime. The daily cut-off timetime is currently 2:00 pm Eastern. Recurring Payments: When a recurring payment is processed, which it is controlled automatically rescheduled by the financial institutionsystem. Based upon your selected frequency setting for the payment, is currently 9:00 PM EST. A single payment submitted after the cut-off time on the designated a process date will be processed on is calculated for the following business daynext occurrence of the payment. If you designate the calculated process date is a non-business date (generally weekends and certain holidays) as day, it is adjusted based upon the payment’s process date, the payment will be processed on the first business day following the designated process date.rules:

Appears in 4 contracts

Sources: Membership Agreement, Membership Agreement, Membership Agreement

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s process processing date, provided the payment is submitted prior to the daily cut-off time on that date. The daily cut-off time, which is controlled by the financial institutionBank, is currently 9:00 PM EST. A single payment submitted after the cut-off time on the designated process date will be processed on the following business day. If you designate a non-business date (generally weekends and certain holidays) as the payment’s process date, the payment will be processed on the first business day following the designated process date.4:00 p.m.

Appears in 3 contracts

Sources: Online Banking Agreement, Online & Mobile Banking Agreement, Online Banking Agreement

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) Business Day that you designate as the payment’s process processing date, provided the payment is submitted prior to the daily cut-off time on that date. The daily cut-off time, which is controlled by the financial institutionus, is currently 9:00 PM EST3pm eastern standard time. A single payment submitted after the cut-off time on the designated process date will be processed on the following business daynext Business Day. If you designate a non-business date (generally weekends and certain holidays) Business Day as the payment’s process processing date, the payment will be processed on the first business day Business Day following the designated process processing date.

Appears in 2 contracts

Sources: Digital Banking Agreement, Digital Banking Agreement

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s process processing date, provided the payment is submitted to us prior to the daily cut-off time on that date. The daily cut-off time, which is controlled by the financial institution, time is currently 9:00 PM EST. A single payment submitted after the cut-off time on the designated process date will be processed on the following business day. If you designate a non-business date 3:00 p.m. (generally weekends and certain holidays) as the payment’s process date, the payment will be processed on the first business day following the designated process dateCT).

Appears in 1 contract

Sources: Bill Pay Agreement

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s process datePay Date, provided the payment is submitted prior to the daily cut-off time on that date. The daily cut-off time, which is controlled by the financial institution, time is currently 9:00 8:00 PM EST. A single payment submitted after the cut-off time on the designated process date will be processed on the following business day. If you designate a non-business date (generally weekends and certain holidays) as the payment’s process date, the payment will be processed on the first business day following the designated process dateEastern.

Appears in 1 contract

Sources: Online Banking Agreement

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s process dateprocessing date (“Send Date”), provided the payment is submitted prior to the daily cut-off time on that date. The daily cut-off time, which is controlled by the financial institution, time is currently 9:00 PM EST. A single payment submitted after the cut-off time on the designated process date will be processed on the following business day. If you designate a non-business date (generally weekends and certain holidays) as the payment’s process date, the payment will be processed on the first business day following the designated process date12:00 pm.

Appears in 1 contract

Sources: Electronic Services Agreement

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s payment process date, provided the payment is submitted prior to the daily cut-off time on that datetime. The daily cut-off time, which is controlled by the financial institution, time is currently 9:00 PM EST. A single payment submitted after the cut-off time on the designated process date will be processed on the following business day. If you designate a non-business date (generally weekends and certain holidays) as the payment’s process date, the payment will be processed on the first business day following the designated process date2:00 pm Eastern.

Appears in 1 contract

Sources: Membership Agreement