Common use of THE BILL PAYING PROCESS Clause in Contracts

THE BILL PAYING PROCESS. The Institution will process variable payments on the business day (generally Monday through Friday, except federal banking holidays) you designate the payment is to be processed, provided the payment request is received prior to the cut-off time set by the Institution, which is currently 2:00 PM (Eastern Time). Variable payment requests received after the business day cut off time, or at any time on a non-business day, will be processed on the next business day. The Institution reserves its right to change the cut-off time by reasonable advance notice to you. IF A RECURRING PAYMENT FALLS ON A NON-BUSINESS DAY (SUCH AS WEEKENDS OR FEDERAL BANKING HOLIDAYS), THE PAYMENT SHALL BE PROCESSED ON THE PRECEDING BUSINESS DAY. Otherwise, recurring payment requests will be processed on the dates you have designated. YOU MUST ALLOW AT LEAST FIVE (5) BUSINESS DAYS PRIOR TO THE DUE DATE APPEARING ON YOUR STATEMENT/INVOICE (THE “DUE DATE”) FOR EACH BILL PAYMENT (RECURRING OR VARIABLE) TO REACH THE MERCHANT. IT IS YOUR RESPONSIBILITY TO SCHEDULE/ACTIVATE RECURRING PAYMENTS ACCORDINGLY. Due to circumstances beyond our control, some Merchants take longer to post payments than others. We strongly suggest sending your first payment eight (8) business days in advance of the Due Date. After your first payment has posted you will have a better understanding of how much time to allow for each Merchant. You must select a “Payment Date” that is at least five (5) business days before the actual Due Date reflected on your statement. If your actual Due Date falls on a non-business day, you must select a Payment Date that is at least one business day before the actual Due Date. Payment Dates should be determined without consideration to any permissible late date or grace period agreed upon between you and Merchant. When you have scheduled a payment, you authorize the Institution to debit your eligible account (the “Payment Account”) and remit such funds on your behalf. You certify that your Payment Account is an account from which you are authorized to make payments and any payment you make will be debited from this account. You also authorize the credit of returned payments arising from your using of the Bill Payment service. Institution shall not be liable if Institution is unable to complete any payments initiated through the Bill Payment service because of the existence of any one or more of the following circumstances:

THE BILL PAYING PROCESS. The Financial Institution will process variable payments on the business day (generally Monday through Friday, except federal banking holidays) you designate the payment bill is to be processed, provided the payment request is received prior to the cut-off time set by the Financial Institution, which is currently 2:00 PM 3:00PM (Eastern TimeCHST). Variable payment bill requests received after the business day cut off time, or at any time on a non-business day, day will be processed on the next business day. The Financial Institution reserves its right to change the cut-off time by reasonable advance giving you notice to youif it changes. IF A FOR RECURRING PAYMENT FALLS ON REQUESTS, IF YOU DESIGNATE A NON-PROCESSING DATE OF THE 28TH THROUGH THE 31ST OF A MONTH, YOU MUST SELECT THE OPTION OF "LAST BUSINESS DAY (SUCH AS WEEKENDS OR FEDERAL BANKING HOLIDAYS), THE PAYMENT SHALL DAY" FOR PROCESSING TO BE PROCESSED ALWAYS BE INITIATED ON THE PRECEDING BUSINESS DAYLAST CALENDAR DAY OF THE MONTH. Otherwise, recurring payment requests will be processed on the dates you have designated, unless such date falls on a non- business day resulting in your payment being processed on the next business day. YOU MUST ALLOW AT LEAST FIVE (5) BUSINESS DAYS DAYS, PRIOR TO THE DUE DATE APPEARING ON YOUR STATEMENT/INVOICE (THE “DUE DATE”) , FOR EACH BILL PAYMENT (RECURRING OR VARIABLE) TO REACH THE MERCHANT. (IT IS YOUR THE RESPONSIBILITY OF THE SUBSCRIBER TO SCHEDULE/ACTIVATE RECURRING PAYMENTS ACCORDINGLY. PAYMENTS) Due to circumstances beyond our control, some Merchants take longer to post payments than others. We strongly suggest sending your first payment eight (8) business days in advance of the Due Date. After your first payment has posted you will have a better understanding of how much time to allow for each Merchant. You must select a “Payment Date” Date that is at least five (5) business days before the actual Due Date reflected on your Payee statement. If your actual Due Date falls on a non-business day, day you must select a Payment Date that is at least one business day before the actual Due Date. Payment Dates should be determined without consideration prior to any permissible late date or grace period agreed upon between you and Merchantperiod. When you have scheduled a payment, you authorize the Financial Institution to debit your eligible account (the “Payment Account”) Account and remit such funds on your behalf. You certify that your Payment Account is an account from which you are authorized to make payments and any payment you make will be debited from this account. You also authorize the credit of returned payments arising from your using of the Bill Payment servicePay Service. Institution The Bill Pay Service will incur no liability and a Service Guarantee shall not be liable void if Institution the Bill Pay Service is unable to complete any payments initiated through the Bill Payment service because of the existence of any one or more of the following circumstancesfollowing:

THE BILL PAYING PROCESS. The Institution Single Payments A single payment will process variable payments be processed on the business day (generally Monday through Friday, except federal banking certain holidays) that you designate as the payment is to be processedprocess date, provided the payment request is received submitted prior to the daily cut-off time on that date. The daily cut-off time, which is controlled by Railway Credit Union, is currently 2:00 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 process date, the payment will be processed on the first business day following the designated process date. Recurring Payments When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a process date is calculated for the next occurrence of the payment. If the calculated process date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules: * If the recurring payment/Pay Backwards option is selected, the process date for the new occurrence of the payment is adjusted to the first business date prior to the calculated process date. * If the recurring payment/Pay Backward option is not selected (or if the Pay Backward option is not available), the process date for the new occurrence of the payment is adjusted to the first business date after the calculated process date. Note: If your frequency settings for the recurring payment specify the 29th, 30th, or 31st as a particular day of the month for processing and that day does not exist in the month of the calculated process date, then the last calendar day of that month is used as the calculated process date. For Single and Recurring Payments, YOU MUST ALLOW AT LEAST SEVEN (7) BUSINESS DAYS, PRIOR TO THE DUE DATE, for each bill payment to reach the Payee. Any bill payment can be changed or canceled, provided you access the Bill Pay Service prior to the cut-off time set by the Institution, which is currently 2:00 PM (Eastern Time). Variable payment requests received after on the business day cut off timeprior to the business day the bill payment is going to be initiated. You agree to have available and collected funds on deposit in the account you designate in amounts sufficient to pay for all bill payments requested, as well as any other payment obligations you have to Railway Credit Union. Railway Credit Union reserves the right, without liability, to reject or reverse a bill payment if you fail to comply with this requirement or any other terms of this agreement. If you do not have sufficient funds in the Account and Railway Credit Union has not exercised its right to reverse or reject a bill payment, you agree to pay for such payment obligations on demand. You further agree that Railway Credit Union, at its option, may charge any time on a non-business day, will be processed on of your accounts with Railway Credit Union to cover such payment obligations. Railway Credit Union reserves the next business day. The Institution reserves its right to change the cut-off time by reasonable advance notice to you. IF A RECURRING PAYMENT FALLS ON A NON-BUSINESS DAY (SUCH AS WEEKENDS OR FEDERAL BANKING HOLIDAYS), THE PAYMENT SHALL BE PROCESSED ON THE PRECEDING BUSINESS DAY. Otherwise, recurring payment requests will be processed on the dates you have designated. YOU MUST ALLOW AT LEAST FIVE (5) BUSINESS DAYS PRIOR TO THE DUE DATE APPEARING ON YOUR STATEMENT/INVOICE (THE “DUE DATE”) FOR EACH BILL PAYMENT (RECURRING OR VARIABLE) TO REACH THE MERCHANT. IT IS YOUR RESPONSIBILITY TO SCHEDULE/ACTIVATE RECURRING PAYMENTS ACCORDINGLY. Due to circumstances beyond our control, some Merchants take longer to post payments than others. We strongly suggest sending your first payment eight (8) business days in advance of the Due Date. After your first payment has posted you will have a better understanding of how much time to allow for each Merchanttime. You must select a “Payment Date” that is at least five (5) business days before the actual Due Date reflected on your statement. If your actual Due Date falls on a non-business day, you must select a Payment Date that is at least one business day before the actual Due Date. Payment Dates should be determined without consideration to any permissible late date or grace period agreed upon between you and Merchant. When you have scheduled a payment, you authorize the Institution to debit your eligible account (the “Payment Account”) and remit such funds on your behalf. You certify that your Payment Account is an account from which you are authorized to make payments and any payment you make will be debited from this account. You also authorize the credit of returned payments arising from your using of the Bill Payment service. Institution shall not be liable receive notice if Institution is unable to complete any payments initiated through the Bill Payment service because of the existence of any one or more of the following circumstances:it changes.

THE BILL PAYING PROCESS. The Financial Institution will process variable payments on the business day (generally Monday through Friday, except federal banking holidays) you designate the payment bill is to be processed, provided the payment request is received prior to the cut-off time set by the Financial Institution, which is currently 2:00 PM (Eastern Time). Variable payment bill requests received after the business day cut off time, or at any time on a non-business day, day will be processed on the next business day. The Financial Institution reserves its right to change the cut-off time by reasonable advance giving you notice to youif it changes. IF A RECURRING PAYMENT FALLS ON A NON-BUSINESS DAY (SUCH AS WEEKENDS OR FEDERAL BANKING HOLIDAYS), THE PAYMENT SHALL BE IS PROCESSED ON THE PRECEDING BUSINESS DAY. Otherwise, recurring payment requests will be processed on the dates you have designated. YOU MUST ALLOW AT LEAST FIVE (5) BUSINESS DAYS DAYS, PRIOR TO THE DUE DATE APPEARING ON YOUR STATEMENT/INVOICE (THE “DUE DATE”) , FOR EACH BILL PAYMENT (RECURRING OR VARIABLE) TO REACH THE MERCHANT. (IT IS YOUR THE RESPONSIBILITY OF THE SUBSCRIBER TO SCHEDULE/ACTIVATE RECURRING PAYMENTS ACCORDINGLY. PAYMENTS) Due to circumstances beyond our control, some Merchants take longer to post payments than others. We strongly suggest sending your first payment eight (8) business days in advance of the Due Date. After your first payment has posted you will have a better understanding of how much time to allow for each Merchant. You must select a “Payment Date” Date that is at least five (5) business days before the actual Due Date reflected on your Payee statement. If your actual Due Date falls on a non-business day, day you must select a Payment Date that is at least one business day before the actual Due Date. Payment Dates should be determined without consideration prior to any permissible late date or grace period agreed upon between you and Merchantperiod. When you have scheduled a payment, you authorize the Financial Institution to debit your eligible account (the “Payment Account”) Account and remit such funds on your behalf. You certify that your Payment Account is an account from which you are authorized to make payments and any payment you make will be debited from this account. You also authorize the credit of returned payments arising from your using of the Bill Payment servicePay Service. Institution The Bill Pay Service will incur no liability and a Service Guarantee shall not be liable void if Institution the Bill Pay Service is unable to complete any payments initiated through the Bill Payment service because of the existence of any one or more of the following circumstancesfollowing:

THE BILL PAYING PROCESS. The Institution Sound Federal Credit Union will process variable payments on the business day (generally Monday through Friday, except federal banking holidays) you designate the payment bill is to be processed, provided the payment request is received prior to the cut-off time set by the InstitutionSound Federal Credit Union, which is currently 2:00 PM (Eastern Time)4:00 p.m. EST. Variable payment bill requests received after the business day cut off time, or at any time on a non-business day, day will be processed on the next business day. The Institution Sound Federal Credit Union reserves its right to change the cut-off time by reasonable advance giving you notice to youif it changes. IF A FOR RECURRING PAYMENT FALLS ON REQUESTS, IF YOU DESIGNATE A NON-BUSINESS DAY (SUCH AS WEEKENDS OR FEDERAL BANKING HOLIDAYS)PROCESSING DATE OF THE 28TH THROUGH THE 31ST OF A MONTH, THE PAYMENT SHALL PROCESSING WILL BE PROCESSED INITIATED ON THE PRECEDING BUSINESS DAYLAST CALENDAR DAY OF THE MONTH. Otherwise, recurring payment requests will be processed on the dates you have designated, unless such date falls on a non-business day resulting in your payment being processed on the next business day. YOU MUST ALLOW AT LEAST FIVE (5) BUSINESS DAYS DAYS, PRIOR TO THE DUE DATE APPEARING ON YOUR STATEMENT/INVOICE (THE “DUE DATE”) , FOR EACH BILL PAYMENT (RECURRING OR VARIABLE) TO REACH THE MERCHANT. (IT IS YOUR THE RESPONSIBILITY OF THE SUBSCRIBER TO SCHEDULE/ACTIVATE RECURRING PAYMENTS ACCORDINGLYYou agree to have available and collected funds on deposit in the account you designate in amounts sufficient to pay for all Bill Payments requested, as well as, any other payment obligations you have to the Sound Federal Credit Union. Due The Sound Federal Credit Union reserves the right, without liability, to circumstances beyond our controlreject or reverse a Bill Payment if you fail to comply with this requirement or any other terms of this agreement. If you do not have sufficient funds in the Account and the Sound Federal Credit Union has not exercised its right to reverse or reject a Bill Payment, some Merchants take longer you agree to post payments than others. We strongly suggest sending your first pay for such payment eight (8) business days in advance of the Due Date. After your first payment has posted you will have a better understanding of how much time to allow for each Merchantobligations on demand. You must select a “further agree the Sound Federal Credit Union, at its option, may charge any of your accounts with the Sound Federal Credit Union to cover such payment obligations. Any Bill Payment Date” that is at least five (5) business days before can be changed or canceled, provided you access the actual Due Date reflected Service prior to the cut-off time on your statement. If your actual Due Date falls on a non-business day, you must select a Payment Date that is at least one the business day before prior to the actual Due Date. Payment Dates should be determined without consideration to any permissible late date or grace period agreed upon between you and Merchant. When you have scheduled a payment, you authorize the Institution to debit your eligible account (the “Payment Account”) and remit such funds on your behalf. You certify that your Payment Account is an account from which you are authorized to make payments and any payment you make will be debited from this account. You also authorize the credit of returned payments arising from your using of business day the Bill Payment service. Institution shall not is going to be liable if Institution is unable to complete any payments initiated through the Bill Payment service because of the existence of any one or more of the following circumstances:initiated.

THE BILL PAYING PROCESS. The Institution Bank will process variable payments on the business day (generally Monday through Friday, except federal banking holidays) you designate the payment bill is to be processed, provided the payment request is received prior to the cut-off time set by the InstitutionThe Bank, which is currently 2:00 PM (Eastern Time)4:00 p.m. EST. Variable payment bill requests received after the business day cut off time, time or at any time on a non-business day, day will be processed on the next business day. The Institution Bank reserves its right to change the cut-off time by reasonable advance giving you notice to youif it changes. IF A RECURRING PAYMENT FALLS ON A NONWhen a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a process date is calculated for the next occurrence of the payment. If the calculated process date is a non-BUSINESS DAY business date (SUCH AS WEEKENDS OR FEDERAL BANKING HOLIDAYSgenerally weekends and certain holidays), THE PAYMENT SHALL BE PROCESSED ON THE PRECEDING BUSINESS DAY. Otherwise, it is adjusted based upon the following rules: If a manual payment or recurring payment requests is entered after the daily processing cut off time or the payment date is a non processing day, the payment will be processed on scheduled for the dates you have designatednext business day. Note: If your frequency settings for the recurring payment specify the 29th, 30th, or 31st as a particular day of the month for processing and that day does not exist in the month of the calculated process date, then the last calendar day of that month is used as the calculated process date. YOU MUST ALLOW AT LEAST FIVE (5) BUSINESS DAYS DAYS, PRIOR TO THE DUE DATE APPEARING ON YOUR STATEMENT/INVOICE (THE “DUE DATE”) , FOR EACH BILL PAYMENT (RECURRING OR VARIABLE) TO REACH THE MERCHANTPAYEE. IT IS YOUR THE RESPONSIBILITY OF THE SUBSCRIBER TO SCHEDULE/ACTIVATE RECURRING PAYMENTS. IT IS OUR RECOMMENDATION THAT ADDITIONAL DAYS BE ALLOWED FOR PAYMENTS ACCORDINGLY. Due to circumstances beyond our control, some Merchants take longer to post payments than others. We strongly suggest sending your first payment eight (8) business days in advance of the Due Date. After your first payment has posted you will have a better understanding of how much time to allow for each MerchantTRAVELING MORE THAN 4 STATES AWAY. You must select a “Payment Date” that is at least five (5) business days before agree to have available and collected funds on deposit in the actual Due Date reflected on your statement. If your actual Due Date falls on a non-business dayaccount you designate in amounts sufficient to pay for all Bill Payments requested, you must select a Payment Date that is at least one business day before the actual Due Date. Payment Dates should be determined without consideration to as well as, any permissible late date or grace period agreed upon between you and Merchant. When other payment obligations you have scheduled to The Bank. The Bank reserves the right, without liability, to reject or reverse a payment, you authorize the Institution to debit your eligible account (the “Payment Account”) and remit such funds on your behalf. You certify that your Payment Account is an account from which you are authorized to make payments and any payment you make will be debited from this account. You also authorize the credit of returned payments arising from your using of the Bill Payment service. Institution shall not be liable if Institution is unable to complete any payments initiated through the Bill Payment service because of the existence of any one or more of the following circumstances:you fail to

THE BILL PAYING PROCESS. The Financial Institution will process variable payments on the business day (generally Monday through Friday, except federal banking holidays) you designate the payment bill is to be processed, provided the payment request is received prior to the cut-off time set by the Financial Institution, which is currently 2:00 PM (Eastern Time)4:00 p.m. PST. Variable payment bill requests received after the business day cut off time, or at any time on a non-business day, day will be processed on the next business day. The Financial Institution reserves its right to change the cut-off time by reasonable advance giving you notice to youif it changes. IF A FOR RECURRING PAYMENT FALLS ON REQUESTS, IF YOU DESIGNATE A NON-PROCESSING DATE OF THE 28TH THROUGH THE 31ST OF A MONTH, YOU MUST SELECT THE OPTION OF "LAST BUSINESS DAY (SUCH AS WEEKENDS OR FEDERAL BANKING HOLIDAYS), THE PAYMENT SHALL DAY" FOR PROCESSING TO BE PROCESSED ALWAYS BE INITIATED ON THE PRECEDING BUSINESS DAYLAST CALENDAR DAY OF THE MONTH. Otherwise, recurring payment requests will be processed on the dates you have designated, unless such date falls on a non-business day resulting in your payment being processed on the next business day. YOU MUST ALLOW AT LEAST FIVE (5) BUSINESS DAYS DAYS, PRIOR TO THE DUE DATE APPEARING ON YOUR STATEMENT/INVOICE (THE “DUE DATE”) , FOR EACH BILL PAYMENT (RECURRING OR VARIABLE) TO REACH THE MERCHANT. (IT IS YOUR THE RESPONSIBILITY OF THE SUBSCRIBER TO SCHEDULE/ACTIVATE RECURRING PAYMENTS ACCORDINGLY. PAYMENTS) Due to circumstances beyond our control, some Merchants take longer to post payments than others. We strongly suggest sending your first payment eight (8) business days in advance of the Due Date. After your first payment has posted you will have a better understanding of how much time to allow for each Merchant. You must select a “Payment Date” Date that is at least five (5) business days before the actual Due Date reflected on your Payee statement. If your actual Due Date falls on a non-business day, day you must select a Payment Date that is at least one business day before the actual Due Date. Payment Dates should be determined without consideration prior to any permissible late date or grace period agreed upon between you and Merchantperiod. The Bill Payment Service will bear responsibility for any late payment related charges up to $50.00 should a Bill Payment post after its Due Date, as long as the Bill Payment was scheduled in accordance with the guidelines described under "The Bill Paying Process" in this Agreement. When you have scheduled a payment, you authorize the Financial Institution to debit your eligible account (the “Payment Account”) Account and remit such funds on your behalf. You certify that your Payment Account is an account from which you are authorized to make payments and any payment you make will be debited from this account. You also authorize the credit of returned payments arising from your using of the Bill Payment servicePay Service. Institution The Bill Pay Service will incur no liability and a Service Guarantee shall not be liable void if Institution the Bill Pay Service is unable to complete any payments initiated through the Bill Payment service because of the existence of any one or more of the following circumstancesfollowing:

THE BILL PAYING PROCESS. The Institution Single Payments A single payment will process variable payments be processed on the business day (generally Monday through Friday, except federal banking certain holidays) that you designate as the payment is to be processedprocess date, provided the payment request is received submitted prior to the daily cut-off time on that date. The daily cut-off time, which is controlled by Railway Credit Union, is currently 2:00 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 process date, the payment will be processed on the first business day following the designated process date. Recurring Payments When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a process date is calculated for the next occurrence of the payment. If the calculated process date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules: * If the recurring payment/Pay Backwards option is selected, the process date for the new occurrence of the payment is adjusted to the first business date prior to the calculated process date. * If the recurring payment/Pay Backward option is not selected (or if the Pay Backward option is not available), the process date for the new occurrence of the payment is adjusted to the first business date after the calculated process date. Note: If your frequency settings for the recurring payment specify the 29th, 30th, or 31st as a particular day of the month for processing and that day does not exist in the month of the calculated process date, then the last calendar day of that month is used as the calculated process date. For Single and Recurring Payments, YOU MUST ALLOW AT LEAST SEVEN (7) BUSINESS DAYS, PRIOR TO THE DUE DATE, for each bill payment to reach the Payee. Any bill payment can be changed or canceled, provided you access the Bill Pay Service prior to the cut-off time set by the Institution, which is currently 2:00 PM (Eastern Time). Variable payment requests received after on the business day cut off timeprior to the business day the bill payment is going to be initiated. You agree to have available and collected funds on deposit in the account you designate in amounts sufficient to pay for all bill payments requested as well as any other payment obligations you have to Railway Credit Union. Railway Credit Union reserves the right, without liability, to reject or reverse a bill payment if you fail to comply with this requirement or any other terms of this agreement. If you do not have sufficient funds in the Account and Railway Credit Union has not exercised its right to reverse or reject a bill payment, you agree to pay for such payment obligations on demand. You further agree that Railway Credit Union, at its option, may charge any time on a non-business day, will be processed on of your accounts with Railway Credit Union to cover such payment obligations. Railway Credit Union reserves the next business day. The Institution reserves its right to change the cut-off time by reasonable advance notice to you. IF A RECURRING PAYMENT FALLS ON A NON-BUSINESS DAY (SUCH AS WEEKENDS OR FEDERAL BANKING HOLIDAYS), THE PAYMENT SHALL BE PROCESSED ON THE PRECEDING BUSINESS DAY. Otherwise, recurring payment requests will be processed on the dates you have designated. YOU MUST ALLOW AT LEAST FIVE (5) BUSINESS DAYS PRIOR TO THE DUE DATE APPEARING ON YOUR STATEMENT/INVOICE (THE “DUE DATE”) FOR EACH BILL PAYMENT (RECURRING OR VARIABLE) TO REACH THE MERCHANT. IT IS YOUR RESPONSIBILITY TO SCHEDULE/ACTIVATE RECURRING PAYMENTS ACCORDINGLY. Due to circumstances beyond our control, some Merchants take longer to post payments than others. We strongly suggest sending your first payment eight (8) business days in advance of the Due Date. After your first payment has posted you will have a better understanding of how much time to allow for each Merchanttime. You must select a “Payment Date” that is at least five (5) business days before the actual Due Date reflected on your statement. If your actual Due Date falls on a non-business day, you must select a Payment Date that is at least one business day before the actual Due Date. Payment Dates should be determined without consideration to any permissible late date or grace period agreed upon between you and Merchant. When you have scheduled a payment, you authorize the Institution to debit your eligible account (the “Payment Account”) and remit such funds on your behalf. You certify that your Payment Account is an account from which you are authorized to make payments and any payment you make will be debited from this account. You also authorize the credit of returned payments arising from your using of the Bill Payment service. Institution shall not be liable receive notice if Institution is unable to complete any payments initiated through the Bill Payment service because of the existence of any one or more of the following circumstances:it changes.

THE BILL PAYING PROCESS. The Financial Institution will process variable payments on the business day (generally Monday through Friday, except federal banking holidays) you designate the payment bill is to be processed, provided the payment request is received prior to the cut-off time set by the Financial Institution, which is currently 2:00 PM (Eastern Time)7:15 a.m. EST. Variable payment bill requests received after the business day cut off time, time or at any time on a non-business day, day will be processed on the next business day. The Financial Institution reserves its right to change the cut-off time by reasonable advance giving you notice if it changes. For recurring payment request, if you designate a processing date of the 28th through 31st of a month, you must select the option of “Last Business Day” for processing to you. IF A RECURRING PAYMENT FALLS ON A NON-BUSINESS DAY (SUCH AS WEEKENDS OR FEDERAL BANKING HOLIDAYS), THE PAYMENT SHALL BE PROCESSED ON THE PRECEDING BUSINESS DAYbe always initiated on the last calendar day of the month. Otherwise, recurring payment requests will be processed on the dates you have designated, unless such date falls on a non-business day resulting in your payment being processed on the next business day. YOU MUST ALLOW AT LEAST FIVE You must allow at least five (5) BUSINESS DAYS PRIOR TO THE DUE DATE APPEARING ON YOUR STATEMENTbusiness days, prior to the due date, for each bill payment (Recurring or Variable) to reach the merchant. (It is the responsibility of the subscriber to schedule/INVOICE (THE “DUE DATE”) FOR EACH BILL PAYMENT (RECURRING OR VARIABLE) TO REACH THE MERCHANT. IT IS YOUR RESPONSIBILITY TO SCHEDULE/ACTIVATE RECURRING PAYMENTS ACCORDINGLYactivate recurring payments). Due to circumstances beyond our control, some Merchants take longer to post payments than others. We strongly suggest sending your first payment eight (8) business days in advance of the Due Date. After your first payment has posted you will have a better understanding of how much time to allow for each Merchant. You must select a “Payment Date” Date that is at least five (5) business days before the actual Due Date reflected on your Payee statement. If your actual Due Date falls on a non-business day, day you must select a Payment Date that is at least one business day before the actual Due Date. Payment Dates should be determined without consideration prior to any permissible late date or grace period agreed upon between you and Merchantperiod. The Bill Payment Service will bear responsibility for any late payment related charges up to $50.00 should a Bill Payment post after its Due Date, as long as the Bill Payment was scheduled in accordance with the guidelines described under “The Bill Paying Process” in this Agreement. When you have scheduled a payment, you authorize the Financial Institution to debit your eligible account (the “Payment Account”) Account and remit such funds on your behalf. You certify that your Payment Account is an account from which you are authorized to make payments and any payment you make will be debited from this account. You also authorize the credit of returned payments arising from your using of the Bill Payment servicePay Service. Institution The Bill Pay Service will incur no liability and a Service Guarantee shall not be liable void if Institution the Bill Pay Service is unable to complete any payments initiated through the Bill Payment service because of the existence of any one or more of the following circumstancesfollowing: