Common use of Canceling Transfers or Payments Clause in Contracts

Canceling Transfers or Payments. 4.3.1. You may cancel a pending Transfer or Payment transaction. However, to do so, we must receive your instruction to cancel no later than one Business Day before the transaction is scheduled to be processed. If we do not receive your instruction to cancel a transaction before that time, we may process the transaction. Unless otherwise provided in this Agreement, you may not stop payment of electronic fund transfers. Therefore, you should not employ electronic access for purchases or services unless you are satisfied that you will not need to stop payment.

Canceling Transfers or Payments. 4.3.1. You may cancel a pending Transfer or Payment transaction. However, to do so, we must receive your instruction to cancel no later than one Business Day before the transaction is scheduled to be processed. If we do not receive your instruction to cancel a transaction before that time, we may process the transaction.1. Unless otherwise provided in this Agreement, you may not stop payment of electronic fund transfers. Therefore, you should not employ electronic access for purchases or services unless you are satisfied that you will not need to stop payment. You may, however, cancel a pending Payment transaction. To do so, we must receive your instruction to cancel no later than one Business Day before the Payment is scheduled to be processed. If we do not receive your instruction to cancel a Payment before that time, we may process the transaction.