Electronic Check Conversion. When you pay your bill by check, you authorize us to either use the information from your check to make a one-time electronic funds transfer (EFT) from your account or to process the payment as a check transaction. When we use information from your check to make an EFT, funds may be withdrawn from your account as soon as the same day we receive your payment, and you will not receive your check back from the bank. If your payment is returned unpaid, you agree to pay a fee of up to $30. Returned checks may be represented electronically.
Appears in 8 contracts
Sources: Business Customer Agreement, Business Customer Agreement, Business Customer Agreement
Electronic Check Conversion. When you pay your bill ▇▇▇▇ by check, you authorize us to either use the information from your check to make a one-time electronic funds transfer (EFT) from your account or to process the payment as a check transaction. When we use information from your check to make an EFT, funds may be withdrawn from your account as soon as the same day we receive your payment, and you will not receive your check back from the bank. If your payment is returned unpaid, you agree to pay a fee of up to $30. Returned checks may be represented electronically.
Appears in 5 contracts
Sources: Business Customer Agreement, Business Customer Agreement, Business Customer Agreement