Multiple presentments definition

Multiple presentments. Any item or transaction can be presented for payment multiple times, which is beyond the control of the Credit Union. Each presentment will be charged a separate overdraft fee even though it may be for a repeat presentment.
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Multiple presentments. Any item or transaction can be presented for payment multiple times, which is beyond the control of the Credit Union. Each presentment will be charged a separate overdraft fee even though it may be for a repeat presentment. Transactions you conduct at shared branching locations* Your ATM withdrawals Your debit card purchases conducted with a PIN Authorizations (holds) for your debit card purchases conducted using the VISA network** Transfers you conduct using our automated phone system (“▇▇▇-▇▇▇-▇▇▇▇”) Transfers you conduct using our Online Banking or Mobile Banking systems *Note that funds availability rules apply and funds deposited on a real time basis may not be made available immediately. For example, checks you deposit may be subject to uncollected funds holds. See our funds availability disclosures and shared branching rules for details. **The corresponding settlements may lag hours or days based on when the merchants submit them. We post settlement transactions at the time we receive them. Posting of that day’s ACH credits is followed by ACH debits, followed by checks ACH debits are posted by amount from small to large Checks are posted by amount from small to large. Posting by amount from small to large allows for the most items to be paid and helps you minimize fees.
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Multiple presentments. Any item or transaction can be presented for payment multiple times, which is beyond the control of the Credit Union. Each presentment may be charged a separate overdraft fee even though it may be for a repeat presentment. This is a general description of certain types of transactions. Credit Union processes transactions through a wide variety of products and services that may not be described above. Usage of any credit union product or service is subject to applicable terms and conditions associated with the product or service. These practices may change, and we reserve the right to pay items in any order we choose as permitted by law. • First, use Overdraft Protection (if applicable). • Then, decide whether to pay your transaction using ▇▇▇▇▇ ▇▇▇▇▇▇ (if applicable). • Next, decide whether to pay your transaction into Courtesy Pay (if applicable). • Then, decide whether to pay your transaction with special overdraft procedure, if Overdraft Protection or Courtesy Pay are unavailable. • Last, return the transaction unpaid or decline the transaction.
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Examples of Multiple presentments in a sentence

  • Multiple presentments of the same item will result in multiple fees.

  • Multiple presentments of an item may result in multiple Overdrawn Fees or Courtesy Pay Fees being assessed.

  • Multiple presentments of the same item w ill result in multiple fees.

Related to Multiple presentments

  • Presentment means the right to require the Note Holder to demand payment of amounts due. “Notice of Dishonor” means the right to require the Note Holder to give notice to other persons that amounts due have not been paid.

  • Notice of Dishonor means the right to require the Note Holder to give notice to other persons that amounts due have not been paid.

  • Protest means a written objection by an interested party to this solicitation or to a proposed or actual award of a contract pursuant to this solicitation.

  • Nonpayment of premium means the failure or inability of the named insured to discharge any obligation in connection with the payment of premium on a policy of insurance subject to this section, whether the payments are payable directly to the insurer or its agent or indirectly payable under a premium finance plan or extension of credit. [PL 1985, c. 671, §1 (NEW).]

  • Proof of payment means, as applicable, a copy of the check, confirmation of credit card or debit card payment, or confirmation of wire or automated clearinghouse transfer, and any other information required to demonstrate that payment has been made according to EPA requirements, in the amount due, and identified with the appropriate docket number and Respondent’s name.