Common use of Payment Instruction Clause in Contracts

Payment Instruction. If you give instructions to pay bills or transfer funds from an Account, you acknowledge that the instructions will result in funds being withdrawn from your account on the date the instructions are given. You acknowledge that merchants or third parties may not treat payments as being received as of the date of your instructions. The Credit Union will not be responsible for processing delays from merchants.

Appears in 2 contracts

Sources: Internet Access Services Member Agreement, Internet Access Services Member Agreement