Bill Payment Transaction definition

Bill Payment Transaction means instructions or transactions made through the Electronics Services system to authorize the Bank to debit any sum from the Applicant’s Account and transfer such sum to other person’s account for payment of goods or services pursuant to bill or invoice of the Applicant and/or other person, whether such bill or invoice is in whatever form.
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Examples of Bill Payment Transaction in a sentence

  • In addition, You authorize Us to obtain information regarding Your Bill Payment Transaction from a merchant or other Payee to resolve payment-pending problems.

  • You may initiate a Mobile Bill Payment Transaction to any new Payees that are not currently on your Payee list as established pursuant to our Bill Payment Service terms and conditions.

  • In addition, You authorize Us to obtain information regarding Your Home Banking transfer and/or Bill Payment Transaction from a merchant or other Payee to resolve payment-pending problems.

  • In addition, you authorize us to obtain information regarding your Bill Payment Transaction from a merchant or other payee to resolve payment- pending problems.

  • In case of errors or questions regarding an Online Banking or Bill Payment Transaction, call ▇▇▇-▇▇▇-▇▇▇▇ or write us at: ATTN: Operations Dept., FNB Osakis, PO Box 580, Osakis, MN 56360, or use the "Contact Us" secure email form found within Online Banking.

  • Your individual Expedited Bill Payment Transaction Limit will be $2,500.00.

  • You may not initiate a Mobile Bill Payment Transaction to any new Payees that are not currently on your Payee list as established pursuant to our BILL PAYMENT SERVICE terms and conditions.

  • In case of errors or questions regarding an Online Banking or Bill Payment Transaction, call 636-728- 3330 or toll free ▇▇▇-▇▇▇-▇▇▇▇, or write us at: ATTN: eCommerce Dept., First Community Credit Union, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, or use the “Contact Us” secure email form found within Online Banking.

  • B) Bill Payment Transaction Limits‌ Our bill payment Service Provider limits daily bill payments to a single Payee to $50,000.00 and all bill payment transactions for a single day to $500,000.00.

  • In addition, you authorize us to obtain information regarding your Bill Payment Transaction from a merchant or other payee to resolve payment-pending problems.

Related to Bill Payment Transaction

  • Payment Transaction means an act, initiated by the payer or on his behalf or by the payee, of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;

  • Replacement Transaction means, with respect to any Terminated Transaction or group of Terminated Transactions, a transaction or group of transactions that (i) would have the effect of preserving for Party B the economic equivalent of any payment or delivery (whether the underlying obligation was absolute or contingent and assuming the satisfaction of each applicable condition precedent) by the parties under Section 2(a)(i) in respect of such Terminated Transaction or group of Terminated Transactions that would, but for the occurrence of the relevant Early Termination Date, have been required after that Date, and (ii) has terms which are substantially the same as this Agreement, including, without limitation, rating triggers, Regulation AB compliance, and credit support documentation, save for the exclusion of provisions relating to Transactions that are not Terminated Transaction, as determined by Party B in its sole discretion, acting in a commercially reasonable manner.

  • Restricted Payment Transaction means any Restricted Payment permitted pursuant to Section 409, any Permitted Payment, any Permitted Investment, or any transaction specifically excluded from the definition of the term “Restricted Payment” (including pursuant to the exception contained in clause (i) and the parenthetical exclusions contained in clauses (ii) and (iii) of such definition).

  • Subsequent Transaction has the meaning set forth in Section 1.08.