Bank Errors. If The Bank of Elk River does not properly complete a xxxx payment on time or in the correct amount, we will pay any late fees or finance charges up to $25, as long as your account was in good standing with the payee prior to this incident and the Payee was a Business that charges late charges or penalties. We will also be liable to you if we fail to stop a payment pursuant to your order to do so, so long as your order describes the payment with reasonable certainty and is received at a time and in a manner that affords us a reasonable opportunity to act on it. Except as stated in this Agreement, any stop payment provisions of the agreement otherwise governing your account that is applicable to checks will also apply to the Xxxx Pay Service. We will not be responsible for any charges imposed or any other action taken by a payee resulting from a payment that you have not scheduled properly, including any applicable finance charges and late fees. In addition, we will not be liable if any third party through whom any xxxx payment is to be made fails to properly transmit the payment to the intended payee. We will also not be liable if there are insufficient available funds or credit availability in your Xxxx Pay Account and/or overdraft protection plan; if a legal order directs us to prohibit withdrawals from the Xxxx Pay Account; if the Xxxx Pay Account is closed or frozen; or if any part of the electronic funds transfer system is not working properly. We will not be liable for indirect, special, or consequential damages arising out of the use of the Xxxx Pay Service. You will be responsible for any xxxx payment request you make that contains an error or is a duplicate of another xxxx payment. The Bank is not liable for any failure to make a xxxx payment if you fail to promptly notify the bank after you learn that you have not received credit from a “Payee” for a xxxx payment.
Bank Errors. If Bank does not properly complete a xxxx payment on time or in the correct amount, we will pay any resulting late fees or finance charges which you reasonably incur as long as: 1) your Account was in good standing with the payee prior to this incident; 2) you had sufficient funds in your Xxxx Payment Checking Account or under your overdraft protection plan on the Payment Date to cover the payment; 3) you gave us correct information to complete the payment; and 4) you scheduled the payment within the necessary time frames described above. We will also be responsible to you for the payment amount if we fail to stop a xxxx payment pursuant to your order to do so, so long as your order describes the payment with reasonable accuracy and is received at a time and in a manner described above that affords us a reasonable opportunity to act on your order before the payment is sent. Except as stated in this Agreement, any stop payment provisions of the Agreement otherwise governing your Account that are applicable to checks will also apply to the Xxxx Pay Service. We will not be responsible for any charges imposed or any other action taken by a payee resulting from a payment that you have not scheduled properly, including any applicable finance charges, late fees or collection activity. In addition, we will not be responsible if any third party through whom any xxxx payment is to be made fails to properly transmit the payment to the intended payee. We will also not be responsible if there are insufficient available funds or credit availability in your Xxxx Payment Checking Account; if a legal order directs us to prohibit withdrawals from your Xxxx Payment Checking Account; if the Xxxx Payment Checking Account is closed or frozen; or if any part of the electronic funds transfer system is not working properly beyond our reasonable control. Under no circumstances will Bank be liable for indirect, special or consequential damages arising out of the Xxxx Pay Service.
Bank Errors. If we do not properly complete a Payment Request on time or in the directed amount, we (or our Licensors) will pay any late-payment-related fees up to fifty dollars ($50) that you reasonably incurred as a result as long as your Bill Pay Account was in good standing with the payee and you were otherwise in compliance with this Agreement prior to this incident. Except as stated in this Agreement, any stop payment provisions of an agreement otherwise governing your Bill Pay Account that is applicable to checks will also apply to Online Bill Payments services. We will not be responsible for any charges imposed or any other action taken by a payee resulting from a payment that you have not scheduled properly, including any applicable finance charges and late fees. We will also not be liable if there are insufficient available funds or credit availability in your Bill Pay Account and/or overdraft protection plan, if a legal order directs us to prohibit withdrawals from the Bill Pay Account, if the Bill Pay Account is closed or frozen, or if any part of the electronic funds transfer system network is not working properly. Accounts Accessible By More Than One Person. Joint account holders may use the same account as their funding account for their individual Online Bill Payments services. As such, each account holder has the same right of access to account activity such as notifying us of suspected loss or fraud or canceling the Online Bill Payments service, etc. Each such owner, signatory, joint owner or authorized user may individually enroll in Online Bill Payments services (“Enrolled Person”). You agree to enroll each Enrolled Person separately and ensure each is assigned a unique password. Each Enrolled Person will have his/her own payee list and payment history if properly enrolled.
