Common use of Liability for Failure to Stop Payment of Preauthorized Transfer Clause in Contracts

Liability for Failure to Stop Payment of Preauthorized Transfer. If you order us to stop a pre-authorized payment initiated by us before the transfer is scheduled and in time to give us a reasonable opportunity to act, or order us to stop a pre-authorized payment initiated by a third party at least 3 business days before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages. Business Days—For purposes of this disclosure, our business days are Monday through Friday. Holidays are not included. Notice of Varying Amounts—If these regular payments vary in amount, the person you are going to pay will tell you 10 days before each payment, when it will be made and how much it will be. (You may arrange instead, with the person or company receiving the payment that you will get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.) No Stop Payment on card Transactions—You do not have the right to stop payment on any sales draft or cash withdrawal slip originated by the use of your card; the use of your card to make purchases or obtain cash results in an immediate withdrawal of funds from your account in the case of ATM transac- tions, and generally within 1–3 days from the date of purchase in the case of POS and signature based transactions.

Liability for Failure to Stop Payment of Preauthorized Transfer. If you order us to stop a pre-pre- authorized payment initiated by us before the transfer is scheduled and in time to give us a reasonable opportunity to act, or order us to stop a pre-authorized preauthorized payment initiated by a third party at least 3 business days before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages. Business Days—For purposes of this disclosure, our business busi- ness days are Monday through Friday. Holidays are not included. Notice of Varying Amounts—If these regular payments pay- ments vary in amount, the person you are going to pay will tell you 10 days before each payment, when it will be made and how much it will be. (You may arrange instead, with the person or company receiving the payment that you will get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.) No Stop Payment on card Card Transactions—You do not have the right to stop payment on any sales draft or cash withdrawal slip originated by the use of your card; the use of your card to make purchases pur- chases or obtain cash results in an immediate withdrawal of funds from your account in the case of ATM transac- tionstransactions, and generally within 1–3 days from the date of purchase in the case of POS and signature based transactions.

Liability for Failure to Stop Payment of Preauthorized Transfer. If you order us to stop a pre-pre- authorized payment initiated by us before the transfer is scheduled and in time to give us a reasonable opportunity to act, or order us to stop a pre-authorized preauthorized payment initiated by a third party at least 3 business days before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages. Business Days—For purposes of this disclosure, our business busi- ness days are Monday through Friday, 8:30 AM to 4:00 PM. Holidays Federal holidays are not included. Notice of Varying Amounts—If these regular payments pay- ments vary in amount, the person you are going to pay will tell you 10 days before each payment, when it will be made and how much it will be. (You may arrange instead, with the person or company receiving the payment that you will get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.) No Stop Payment on card Card Transactions—You do not have the right to stop payment on any sales draft or cash withdrawal slip originated by the use of your card; the use of your card to make purchases pur- chases or obtain cash results in an immediate withdrawal of funds from your account in the case of ATM transac- tionstransactions, and generally within 1–3 1 to 3 days from the date of purchase in the case of POS and signature based transactions.

Liability for Failure to Stop Payment of Preauthorized Transfer. If you order us to stop a pre-authorized payment initiated ini- tiated by us before the transfer is scheduled and in time to give us a reasonable opportunity to act, or order us to stop a pre-authorized au- thorized payment initiated by a third party at least 3 business days before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages. Business Days—For purposes of this disclosure, our business days are Monday through Friday. Holidays are not included. Notice of Varying Amounts—If these regular payments vary in amount, the person you are going to pay will tell you 10 days before each payment, when it will be made and how much it will be. (You may arrange instead, with the person or company receiving the payment that you will get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.) No Stop Payment on card Card Transactions—You do not have the right to stop payment on any sales draft or cash withdrawal slip originated by the use of your card; the use of your card to make purchases or obtain cash results in an immediate withdrawal of funds from your account in the case of ATM transac- tions, and generally within 1–3 days from the date of purchase in the case of POS and signature based transactions.

Liability for Failure to Stop Payment of Preauthorized Transfer. If you order us to stop a pre-pre- authorized payment initiated by us before the transfer is scheduled and in time to give us a reasonable opportunity to act, or order us to stop a pre-authorized preauthorized payment initiated by a third party at least 3 business days before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages. Business Days—For purposes of this disclosure, our business busi- ness days are Monday through Friday, 8:30 AM to 4:00 PM. Holidays Federal holidays are not included. Notice of Varying Amounts—If these regular payments vary in amount, the person you are going to pay will tell you 10 days before each payment, when it will be made and how much it will be. (You may arrange instead, with the person or company receiving the payment that you will get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.) No Stop Payment on card Card Transactions—You do not have the right to stop payment on any sales draft or cash withdrawal slip originated by the use of your card; the use of your card to make purchases pur- chases or obtain cash results in an immediate withdrawal of funds from your account in the case of ATM transac- tionstransactions, and generally within 1–3 1 to 3 days from the date of purchase in the case of POS and signature based transactions.

Liability for Failure to Stop Payment of Preauthorized Transfer. If you order us to stop a pre-authorized payment initiated by us before the transfer is scheduled and in time to give us a reasonable opportunity to act, or order us to stop a pre-authorized payment initiated by a third party at least 3 business days before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages. Business Days—For purposes of this disclosure, our business days are Monday through Friday. Holidays are not included. Notice of Varying Amounts—If these regular payments vary in amount, the person you are going to pay will tell you 10 days before each payment, when it will be made and how much it will be. (You may arrange instead, with the person or company receiving the payment that you will get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.) No Stop Payment on card Card Transactions—You do not have the right to stop payment on any sales draft or cash withdrawal slip originated by the use of your card; the use of your card to make purchases or obtain cash results in an immediate withdrawal of funds from your account in the case of ATM transac- tions, and generally within 1–3 days from the date of purchase in the case of POS and signature based transactions.