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 transfer information is incomplete. We will withdraw the designated funds from your share draft account for bill payment transfer by the designated 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 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 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. • The maximum amount of bill payments each day is $9,999.99, if there are sufficient funds in your account.

Appears in 3 contracts

Samples: Electronic Funds Transfer and Agreement, Electronic Funds Transfer and Agreement, Electronic Funds Transfer and Agreement

AutoNDA by SimpleDocs

Bill Payment. We will process bill payment transfer requests only to those creditors the Credit Union credit union has designated in the User Instructions and such creditors as you authorize and for whom the Credit Union credit union has the proper vendor code number. We will not process any bill payment transfer if the required transfer transaction information is incomplete. We will withdraw the designated funds from your share draft account for bill payment transfer by the designated 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 transactions may apply: • There is no limit on the number quantity of bill payments per day. The maximum dollar amount of bill payments you can send to each merchant per day is $9,999.99, if there are sufficient funds in your account10,000.

Appears in 2 contracts

Samples: Electronic Funds Transfer Agreement, Electronic Funds Transfer Agreement

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 transfer transaction information is incomplete. We will withdraw the designated funds from your share draft checking account for bill payment transfer by the designated cut-off 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. • The maximum amount of bill payments each day is $9,999.99, if there are sufficient funds in your account.

Appears in 1 contract

Samples: www.westconsincu.org

AutoNDA by SimpleDocs

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 transfer transaction information is incomplete. We will withdraw the designated funds from your share draft checking account for bill payment transfer by the designated cut-off 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. - The maximum amount of bill payments each day is $9,999.99, if there are sufficient funds in your account.

Appears in 1 contract

Samples: www.westconsincu.org

Time is Money Join Law Insider Premium to draft better contracts faster.