Your Payee definition

Your Payee. We mean: The third party to whom the Funds Transfer has been effected to.
Your Payee we mean: A supplier or customer that You have transacted with (made a payment to or received a payment from). There are no territorial limits for this Policy i.e. You are covered anywhere in the world, subject to relevant local legislation and regulatory requirements. Your personal Policy will only cover you if:  You report the Insured Event which caused a Loss of Funds, to us within 90 days of discovery, and;  You first discover the Insured Event, which caused a Loss of Funds while your device is protected by the active approved Internet Security Software.

Examples of Your Payee in a sentence

  • Your Payee list for the Service may include utility companies, merchants, financial institutions, insurance companies, individuals, and other etc.

  • Your Payee may charge a fee to continue to send paper copies of your bill or statement.

  • Your Payee list may include utility companies, merchants, financial institutions, insurance companies, individuals, etc.

  • Payment Instructions refers to the information provided by You for a bill payment to be made to Your Payee (e.g., payee name, account number, payment amount, and/or payment date).

  • Any dispute or request for refund for the Payee Services must be resolved directly between You and Your Payee.

  • Payment will be made to Your Payee either electronically via the Automated Clearing House (ACH) or by check.

  • Where we make a payment from You to a Payee who is not a Participating Payee (in connection with Yapstone’s Disbursement Services), we make the payment on Your behalf only, and as result, Your Payment to Yapstone does not extinguish Your debt to Your Payee until the funds are received by such Payee.

  • All refunds with respect to the Your Payee User’s services are subject to Your agreement with Your Payee User.

  • Yapstone’s disbursement obligation to You will be fully extinguished once the funds have been sent by (or otherwise delivered by) Yapstone to Your Payee in accordance with Your legal instructions.

  • In certain circumstances, Yapstone may be able to cancel a payment prior to sending it to Your Payee; however, You shall not be entitled to a refund of the Yapstone Fee and You shall be responsible for the costs associated with placing a stop payment.