Payment Types. You may send money to another User at your initiation or in response to that User’s request for money. You understand that use of the P2P Services by you shall at all times be subject to (i) this Agreement, and (ii) your express authorization at the time of the transaction for us or another Network Financial Institution to initiate a debit entry to your Eligible Account. Once processing for a Payment Instruction has begun, you will have no ability to stop it. You may (i) initiate a one-time Payment Instruction to a Receiver via Zelle® for which processing shall be initiated immediately, (ii) schedule a one-time Payment Instruction to a Receiver via Other Payment Services for which processing shall be initiated at a later specified date up to one (1) year in the future, or (iii) schedule a recurring series of Payment Instructions to a Receiver via Other Payment Services for which processing shall be initiated on the specified dates. Further details about each of these options can be found in the P2P Service application in our Online Banking Service website or within our mobile banking application.
Appears in 4 contracts
Sources: Agreement and Disclosure Statement for Electronic Banking Services, Agreement and Disclosure Statement for Electronic Banking Services, Agreement and Disclosure Statement for Electronic Banking Services