Common use of Liability for Failure to Stop Payment of Pre-authorized Transfers Clause in Contracts

Liability for Failure to Stop Payment of Pre-authorized Transfers. If you order us to stop one of these payments three (3) business days or more before the transfer is scheduled and we do not do so, we will be liable for your losses or damages.

Appears in 2 contracts

Sources: Account Agreement, Account Agreement

Liability for Failure to Stop Payment of Pre-authorized Transfers. If you order us to stop one of these payments three (3) business days or more before the transfer is scheduled scheduled, and we do not do so, we will be liable for your losses or damages.

Appears in 1 contract

Sources: Banking Agreement