Common use of Xxxx Xxxxx Clause in Contracts

Xxxx Xxxxx.  When you apply for Xxxx Xxxxx service you must designate you Checking Account as the account from which payments that you authorize will be deducted. You will be given the ability to set up merchants, institutions or individuals that you would like to pay. We reserve the right to not allow the designation of a particular merchant or institution.  You or any persons who you have authorized to use your Online Banking or Xxxx Xxxxx service or any access code can perform the following transactions: Bill Payments Pay any designated merchant, institution or individual in accordance with this agreement a fixed recurring amount or a variable amount “on demand,” from your designated Checking Account. Obtain Information Obtain information (payee information, payment status information, etc.) about your bill payment account status. Bill Payment Transactions You authorized us to process bill payments from your designated account. You may use the Xxxx Xxxxx service to initiate three different types of payment transactions: o “On demand” payments are payments that are not reoccurring. The payments can be canceled or changed through the bill payment service up until 12PM ET before your Scheduled Debit Date. o “Future” payments are payments that you initiate by setting the payment amount and due date. The payment can be canceled or changed through Xxxx Xxxxx service before the Scheduled Payment Date. o “Recurring” payments are payments that are reoccurring on a fixed due date and fixed amount. You have an option in the bill payment system to set Automatic Payments to continue indefinitely or set a maturity date. The payment can be canceled or changed through the Xxxx Xxxxx service before the Scheduled Payment Date. Authorized Payments When you transmit a bill payment instruction to us, you authorize us to transfer funds to make the bill payment transaction from your checking account or any other account you designate. We will process bill payment transfer requests only to those payees the Credit Union has designated in its User Instructions and such payees as you authorize and for whom the Credit Union has the proper payee code number. The Credit Union will not process any bill payment transfer if we know the required transaction information is incomplete. In any event, the Credit Union will not be liable for any transaction that contains incorrect information that the Credit Union was not responsible for entering or knowing. If there are insufficient funds in your account to make the bill payment request, we may either refuse to make the payment or make the payment and transfer funds from any overdraft protection account you have established. The Credit Union reserves the right to refuse to process payment instructions that reasonably appear to the Credit Union to be fraudulent or erroneous.

Xxxx Xxxxx.  When you apply for Xxxx Xxxxx service you must designate you Checking Account as the account from which payments that you authorize will be deducted. You will be given the ability to set up merchants, institutions or individuals that you would like to pay. We reserve the right to not allow the designation of a particular merchant or institution.  • You or any persons who you have authorized to use your Online Banking or Xxxx Xxxxx service or any access code can perform the following transactions: Bill Payments Pay any designated merchant, institution or individual in accordance with this agreement a fixed recurring amount or a variable amount “on demand,” from your designated Checking Account. Obtain Information Obtain information (payee information, payment status information, etc.) about your bill payment account status. Bill Payment Transactions You authorized us to process bill payments from your designated account. You may use the Xxxx Xxxxx service to initiate three different types of payment transactions: o “On demand” payments are payments that are not reoccurring. The payments can be canceled or changed through the bill payment service up until 12PM ET before your Scheduled Debit Date. o “Future” payments are payments that you initiate by setting the payment amount and due date. The payment can be canceled or changed through Xxxx Xxxxx service before the Scheduled Payment Date. o “Recurring” payments are payments that are reoccurring on a fixed due date and fixed amount. You have an option in the bill payment system to set Automatic Payments to continue indefinitely or set a maturity date. The payment can be canceled or changed through the Xxxx Xxxxx service before the Scheduled Payment Date. Authorized Payments When you transmit a bill payment instruction to us, you authorize us to transfer funds to make the bill payment transaction from your checking account or any other account you designate. We will process bill payment transfer requests only to those payees the Credit Union has designated in its User Instructions and such payees as you authorize and for whom the Credit Union has the proper payee code number. The Credit Union will not process any bill payment transfer if we know the required transaction information is incomplete. In any event, the Credit Union will not be liable for any transaction that contains incorrect information that the Credit Union was not responsible for entering or knowing. If there are insufficient funds in your account to make the bill payment request, we may either refuse to make the payment or make the payment and transfer funds from any overdraft protection account you have established. The Credit Union reserves the right to refuse to process payment instructions that reasonably appear to the Credit Union to be fraudulent or erroneous.

Xxxx Xxxxx.  When you apply for Xxxx Xxxxx service you must designate you Checking Account as the account from which payments that you authorize will be deducted. You will be given the ability to set up merchants, institutions or individuals that you would like lik e to pay. We reserve the right to not allow the designation of a particular merchant or institution.  You or any persons who you have authorized to use your Online Banking or Xxxx Xxxxx service or any access code can perform the th e following transactions: Bill Payments Pay any designated merchant, institution or individual in accordance with this agreement a fixed recurring amount or a variable amount “on demand,” from your designated Checking Account. Obtain Information Obtain information (payee information, payment status information, etc.) about your bill payment account status. Bill Payment Transactions You authorized us to process bill payments from your designated account. You may use the Xxxx Xxxxx service to initiate three different types of payment transactions: o “On demand” payments are payments that are not reoccurring. The payments can be canceled or changed through the bill payment service up until 12PM ET before your Scheduled Debit Date. o “Future” payments are payments that you initiate by setting the payment amount and due date. The payment can be canceled or changed through Xxxx Xxxxx service before the Scheduled Payment Date. o “Recurring” payments are payments that are reoccurring on a fixed due date and fixed amount. You have an option in the bill payment system to set Automatic Payments to continue indefinitely or set a maturity date. The payment can be canceled or changed through the Xxxx Xxxxx service before the Scheduled Payment Date. Authorized Payments When you transmit a bill payment instruction to us, you authorize us to transfer funds to make the bill payment transaction from your checking account or any other account you designate. We will process bill payment transfer requests only to those payees the Credit Union has designated in its User Instructions and such payees as you authorize and for whom the Credit Union has the proper payee code number. The Credit Union will not process any bill payment transfer if we know the required transaction information is incomplete. In any event, the Credit Union will not be liable for any transaction that contains incorrect information that the Credit Union was not responsible for entering or knowing. If there are insufficient funds in your account to make the bill payment request, we may either refuse to make the payment or make the payment and transfer funds from any overdraft protection account you have established. The Credit Union reserves the right to refuse to process payment instructions that reasonably appear to the Credit Union to be fraudulent or erroneous.