Common use of Check Payment Clause in Contracts

Check Payment. If the Payee is not in the electronic database, a check will be printed and mailed to the Payee. The check will have your bank account number on it, and will clear your account whenever the Payee deposits the check. Check payments are typically delivered in 3-5 business days. Once the Payee has been created, you must schedule a payment. ▇▇▇▇ Pay will provide an estimated delivery date; however, please note this is only an estimate and not a guarantee. When we receive a Payment Instruction, you authorize us to debit your Payment Account and remit funds to the Payee on your behalf. Before an electronic payment is processed, available funds will be verified and withdrawn from your account. If there are insufficient funds, ▇▇▇▇ Pay will attempt to pay the ▇▇▇▇ twice a day, at 8:00 am and at 3:00 pm, for each of the next five business days. You will be able to set up the following types of ▇▇▇▇ payments:

Check Payment. If the Payee is not in the electronic database, a check will be printed and mailed to the Payee. The check will have your bank account number on it, it and will clear your account whenever the Payee deposits the check. Check payments are typically delivered in 3-5 business days. Once the Payee has been created, you must schedule a payment. ▇▇▇▇ Bill Pay will provide an estimated delivery date; however, please note this is only an estimate and not a guarantee. When we receive a Payment Instruction, you authorize us to debit your Payment Account and remit funds to the Payee on your behalf. Before an electronic payment is processed, available funds will be verified and withdrawn from your account. If there are insufficient funds, ▇▇▇▇ Bill Pay will attempt to pay the ▇▇▇▇ bill twice a day, at 8:00 am and at 3:00 pm, for each of the next five business days. You will be able to set up the following types of ▇▇▇▇ bill payments: