Stop Payment Fee Sample Clauses
A Stop Payment Fee clause establishes a charge that a customer must pay when requesting the bank or financial institution to halt the processing of a specific payment, such as a check or electronic transfer. Typically, this fee is applied each time a stop payment order is placed, regardless of the reason, and may be listed in the institution’s schedule of fees. The core function of this clause is to compensate the institution for the administrative effort involved in intercepting and canceling payment instructions, while also discouraging frivolous or frequent stop payment requests.
Stop Payment Fee. If you ask us to stop payment on an Access Device, we may charge you a Stop Payment Fee of $39.
Stop Payment Fee. If a Convenience Check is dishonored or when a payment of a Convenience Check is stopped at your request, you will be charged a Stop Payment Fee of $25. If you are charged a Stop Payment Fee more than once in a six month period, the Stop Payment Fee will go up to $35. If you are not charged a Stop Payment Fee for six months, the Stop Payment Fee will return to $25.
Stop Payment Fee. If you request a stop payment on an Account Check we may impose a fee in the amount of $10 whether or not the Account Check is successfully stopped. REMOVE STOP PAYMENT FEE: If you request that we remove a stop payment on an Account Check we may impose a fee in the amount of $10 whether or not the Account Check is successfully paid. RETURNED CHECK FEE: If we decline to honor an Account Convenience Check you may be charged a fee in the amount $25, with a maximum of three (3) charges per day. We may decline to honor Account Convenience Checks if, for example, the amount of the Account Convenience Check would cause you to exceed your Credit Limit, if you are in default, if you did not comply with the instructions included with the Account Convenience Check, the Account Convenience Check appears altered or is missing information, the Account Convenience Check was used by someone other than the person to whom we sent the Account Convenience Check, the Card has expired or was revoked, or the Account is closed or suspended. RETURNED PAYMENT FEE: If a payment that was applied to your Account is returned to us unpaid for any reason, you may be charged a fee in the amount of $25. This fee will also apply to any automatic payments.
Stop Payment Fee. If I request you to stop payment on an Advance made with a Prime Equity Line Check, to the extent not prohibited by applicable law, I agree to pay your scheduled fee for such service. I will be notified of the amount of such fee at the time that such action is requested. I agree that this fee will be charged to my Account.
Stop Payment Fee. For each stop payment you request, a fee will be charged to your account as indicated on SELCO’s Commercial and Business Banking Deposit Accounts Rate and Fee Schedule.
Stop Payment Fee. If I am issued Access Checks to access my Account and I stop payment on a check, my Account will be charged $35.00 for each stop payment.
Stop Payment Fee. If you request a stop payment on an Account Check we may impose a fee in the amount of $10 whether or not the Account Check is successfully stopped. REMOVE STOP PAYMENT FEE: If you request that we remove a stop payment on an Account Check we may impose a fee in the amount of RETURNED CHECK FEE: If we decline to honor an Account Convenience Check you may be charged a fee in the amount $25, with a maximum of three (3) charges per day. We may decline to honor RETURNED PAYMENT FEE: If a payment that was applied to your Account is returned to us unpaid for any reason, you may be charged a fee in the amount of $25. This fee will also apply to any automatic payments.