Eligible Payees definition

Eligible Payees. You may only designate payees with addresses in the United States. We reserve the right to determine who may be a payee. You may not use the Bill Pay Service to purchase securities, to make federal or state tax payments, or to comply with any court order.
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Examples of Eligible Payees in a sentence

  • Payments made by you to eligible payees (see Section 2 Eligible Payees; Check and ACH Payments and Section 3 Ineligible Payees; Prohibited Payments below) through the Bill Pay Service may take the form of ACH payments or checks.

  • In Consideration of $TT ………………….(state the amount being paid) now paid to the Prior Assignee by the Government (the receipt of which sum the Prior Assignee acknowledges), the HCU Depositor and Prior Assignee as Eligible Payees HEREBY agree to assign and HEREBY ASSIGN unto the Government all their respective rights to the proceeds, benefits, entitlements and interests in and under the investment deposit .

  • Eligible Payees may Request that eligible rollover distributions be paid directly to any other specified eligible retirement plan that accepts such rollovers or to an IRA.

  • Payments made by you to eligible payees (see Section 2 Eligible Payees; Check and ACH Payments and Section 3 Ineligible Payees; Prohibited Payments below) through the ▇▇▇▇ Pay Service may take the form of ACH payments or checks.