Single Payments definition

Single Payments are payments that you enter each time you want to make a payment(s). You schedule the date you want the payment(s) sent (“Payment Date”).

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Single Payments. A single payment is a one-time payment to your Payee as you direct and will be processed on the Business Day that you designate as the payment’s processing date, provided the payment is submitted prior to 4:00 p.m. Eastern Standard Time. A single payment submitted after the cut-off time on the designated processing date will be processed on the next Business Day. If you designate a non- Business Day as the payment’s processing date, the payment will be processed on the first Business Day following the designated processing date.

Single Payments. A single payment will be processed on any business day, (generally Monday through Friday, except holidays) that you designate as the payment’s processing date, provided the payment is submitted in the iPay system prior to the daily cut-off time on that date. The Bank's daily cut-off time is currently 3 pm ET. The Bank will notify you if its cut-off time is subsequently modified. A single payment submitted after the cut-off time on any business day will be processed on the next business day. If you designate a non-business day (generally weekends and holidays) as the payment's processing date, the payment will be processed on the first business day following your designated processing date.

Examples of Single Payments in a sentence

• Single Payments are one-time payments and may be made for fixed amounts.

• Single Payments – a single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s process date, provided the payment is submitted prior to the daily cut-off time on that date.

• Single Payments are payments for which you enter all required information such as amount and date each time you make a payment.

• Type of Payment Deadline for Scheduling Date/Time of Crediting Single Payments Single payments must be scheduled prior to 9:00pm EST on the scheduled payment date.

• Single Payments – a single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s processing date, provided the payment is submitted prior to the daily cut-off time on that date.

• Type of Payment Date/Time of Cancelling Single Payments Same Day Single Payment If you scheduled a single payment to be processed on the same day your payment request was submitted, you must cancel by 9:00pm EST on the day your payment request was submitted.

• You may schedule One-Time Payments, Single Payments and Recurring Payments to any of your Payees.

• Single Payments - A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment's processing date, provided the payment is submitted prior to the daily cut-off time on that date.

• Single Payments A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment process date, provided the payment is submitted prior to the daily cut-off time on that date.

• Single Payments – A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s processing date, provided the payment is submitted prior to the daily cut-off time on that date.

More Definitions of Single Payments

Single Payments. A single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment’s processing date, provided the payment is submitted prior to the daily cut-off time on that date. The daily cut-off time, which is controlled by the Bank, is currently 2:00 PM CST.

Single Payments. A single payment is a one-time payment to your Payee as you direct and will be processed on the Business Day that you designate as the payment’s processing date, provided the payment is submitted prior to 4:00 p.m. Eastern Standard Time. A single payment submitted after the cut-off time on the designated processing date will be processed on the next Business Day. If you designate a non-Business Day as the payment’s processing date, the payment will be processed on the first Business Day following the designated processing date. Recurring Payments: A recurring payment may be established for those payments that do not fluctuate per frequency and amount. When a recurring payment is processed, it is automatically rescheduled by the ▇▇▇▇ Payment Service. Based upon your selected frequency settings for the payment, a processing date is calculated for the next occurrence of the payment. If the calculated processing date is a non-Business Day, it is adjusted based upon the following rules; If the recurring payment’s “Pay Before” option is selected, the processing date for the new occurrence of the payment is adjusted to the first business date prior to the calculated processing date. If the recurring payment’s “Pay After” option is selected, the processing data for the new occurrence of the payment is adjusted to the first Business Day after the calculated processing date. If the recurring payment’s date specifies the 29th, 30th, or 31st of the month as the processing date, and that day does not exist, then the last calendar of the month is used to calculate the processing date. Form of Payment: You authorize us to make payments in the manner we select from the following methods: Electronic transmission. Most payments are made by electronic transmission. A payment by electronic transmission can be modified or canceled provided you access the Service prior to 4:00 p.m. Eastern Standard Time on the Business Day that the payment is going to be processed. Once an electronic transmission payment is in-process, it cannot be canceled or amended. Corporate check. This is a check drawn on our account or the account of our vendor that will be created payable, and which will be delivered, to a Payee you identify. If a Payee on a corporate check fails to negotiate the check within ninety (90) days, we will stop payment on the check and re-credit your Account for the amount of the payment. If a corporate check is returned to you prior to the end of the ninety (90) day period, ...

Single Payments. Use one-time payments to make a single payment or payments that vary from payment to payment for an individual or business. One-time payments may be deleted or edited through the Online ▇▇▇▇ Payment service prior to processing. 2. “Recurring” Use recurring payments to schedule fixed recurring payments (e.g., mortgage payment, car payment, etc.). You may designate the start and end dates for payments. Recurring payments may be deleted or edited through the Online ▇▇▇▇ Payment service prior to processing.

Single Payments. Use one-time payments to make a single payment or payments that vary from payment to payment for an individual or business. One-time payments may be deleted or edited through the Online Bill Payment service prior to processing.