Common use of Bill Payment Service Clause in Contracts

Bill Payment Service. We will process bill payment transfer re- quests only to those creditors the Credit Union has designated in the User Instructions and such creditors as you authorize and for whom the Credit Union has the proper vendor code number. We will not process any bill payment transfer if the required transaction information is incom- plete. We will withdraw the designated funds from your share draft account for bill payment transfer by the designated cutoff time on the date you schedule for payment. We will process your bill payment transfer within a designated number of days before the date you schedule for payment. You must allow sufficient time for vendors to process your payment after they receive a transfer from us. Please leave as much time as though you were sending your payment by mail. We cannot guarantee the time that any payment will be credited to your account by the vendor. The following limitations on Bill Payment Service transactions may apply: - There is no limit on the number of bill payments per day.

Appears in 2 contracts

Samples: Membership Agreement and Disclosures, Membership Agreement and Disclosures

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Bill Payment Service. We will process bill payment transfer re- quests requests only to those creditors the Credit Union has designated in the User Instructions and such creditors as you authorize and for whom the Credit Union has the proper vendor code number. We will not process any bill payment transfer if the required transaction information is incom- pleteincomplete. We will withdraw the designated funds from your share draft account for bill payment transfer by the designated cutoff time on the date you schedule for payment. We will process your bill payment transfer within a designated number of days before the date you schedule for payment. You must allow sufficient time for vendors to process your payment after they receive a transfer from us. Please leave as much time as though you were sending your payment by mail. We cannot guarantee the time that any payment will be credited to your account by the vendor. The following limitations on Bill Payment Service transactions may apply: - There is no limit on the number of bill payments per day. - The maximum amount of bill payments each day is $9,999.99, if there are sufficient funds in your account.

Appears in 2 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement

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Bill Payment Service. We will process bill payment transfer re- quests requests only to those creditors the Credit Union has designated in the User Instructions and such creditors as you authorize and for whom the Credit Union has the proper vendor code number. We will not process any bill payment transfer if the required transaction information is incom- pleteincomplete. We will withdraw the designated funds from your share draft checking account for bill payment transfer by the designated cutoff cut-off time on the date you schedule for payment. We will process your bill payment transfer within a designated number of days before the date you schedule are scheduled for payment. You must allow sufficient time for vendors to process your payment after they receive a transfer from us. Please leave as much time as though you were sending your payment by mail. We cannot guarantee the time that any payment will be credited to your account by the vendor. The following limitations on Bill Payment Service transactions may apply: - There is no limit on the number of bill payments per day.

Appears in 1 contract

Samples: Membership Agreement

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