Common use of Bill Payment Clause in Contracts

Bill Payment. We will process bill payment transfer 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 incomplete. 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 transactions may apply: - There is no limit on the number of bill payments per day.

Appears in 3 contracts

Samples: Electronic Fund Transfers Agreement and Disclosure, Electronic Fund Transfers Agreement and Disclosure, Electronic Fund Transfers Agreement and Disclosure

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Bill Payment. We will process bill payment transfer 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 incomplete. 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 transactions may apply: - There is no limit on the number The maximum amount of bill payments per dayeach day is $10,000.00, if there are sufficient funds in your account.

Appears in 2 contracts

Samples: Electronic Fund Transfers Agreement and Disclosure, Electronic Fund Transfers Agreement and Disclosure

Bill Payment. We AllSouth will process bill payment transfer requests only to those creditors the Credit Union has we have designated in the User Instructions any user instructions and such creditors as you authorize and for whom the Credit Union has we have the proper vendor code numberbilling information. We will not process any bill payment transfer if the required transaction information is incomplete. We will withdraw the designated funds from your share draft account 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 Account by the vendor. The following limitations on Bill Payment transactions may apply: - amounts are limited to the amount in your Account(s). • There is no limit on the number of bill payments per day.

Appears in 1 contract

Samples: Membership Agreement

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Bill Payment. We will process bill payment transfer 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 incomplete. We will withdraw the designated funds from your share draft account for bill payment transfer by the designated des- ignated 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 Credit Union cannot guarantee the time any payment will reach any of your payees and accepts no liability for any service fees or late charges levied against you. The following limitations on Bill Payment transactions may apply: - There is no limit on the number of bill payments per day.

Appears in 1 contract

Samples: Membership and Account Agreement

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