Preauthorized Payments Clause Samples

Preauthorized Payments. 1. Right to stop payment and procedure for doing so. If you have told us in advance to make regular payments out of your account, you can stop any of these payments. Here's how: Call us at ▇▇▇-▇▇▇-▇▇▇▇, in time for us to receive your request 3 business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and get it to us within 14 days after you call. (We may charge you for each stop-payment order you give, in accordance with our Fee Schedule.)

Preauthorized Payments. If you have arranged for automatic periodic payments to be deducted from your checking or savings account and these payments vary in amount, you will be notified by the person you are going to pay ten calendar days prior to the payment date of the amount to be deducted. If the date upon which your payment is scheduled to be deducted changes, the person you are going to pay will notify you seven calendar days prior to the new scheduled date. To confirm the completion of automatic transfers, payments and/or direct deposits, please contact Credit Union 24‑Hour Banking or visit our Online Banking site at ▇▇▇.▇▇▇▇.▇▇▇ .

Preauthorized Payments i. Right to stop payment and procedure for doing so: Please refer to the Stop Payments Section of this document for information on how to stop a payment. ii. Notice of varying amounts: If these regular payments may varyin amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. You may choose instead to get this notice only when the payment would differ by more than a certain amountfromthe previouspayment, orwhenthe amountwouldfalloutsidecertain limits that you set. iii. Liability for failure to stop payment of preauthorized transfer: If we do not stop a payment after you ordered us to do so in accordance with the requirements outlined in the Stop Payment section above, wewill be liable for your losses or damages.

Preauthorized Payments. Your use of Betterment’s automatic deposit feature or any other features of Betterment that include regular Transfers will be deemed pre- authorization for those related Transfers. If regular Transfer deposits or withdrawals are scheduled for your account through the automatic deposit feature or any other features of Betterment, you may stop any of these pre-authorized transactions by logging into your account and opting out of the related features before they are scheduled to occur. If you need assistance with this process you may contact us at ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ or ▇▇▇-▇▇▇-▇▇▇▇.

Preauthorized Payments. You may make arrangements to pay certain recurring bills from your share draft or share savings account(s). • Electronic check or draft conversion. You may provide your check or draft to a merchant or service provider who will scan the check or draft for the encoded credit union and account information. The merchant or service provider will then use this information to convert the transaction into an electronic funds transfer. This may occur at the point of purchase, or when you provide your check or draft by other means such as by mail or drop box. • Electronic returned check or draft charge. Some merchants or service providers will initiate an electronic funds transfer to collect a charge in the event a check or draft is returned for insufficient funds. Telephone Transfers – types of transfers – You may access your account by telephone 24 hours a day at (▇▇▇) ▇▇▇-▇▇▇▇ or (▇▇▇) ▇▇▇-▇▇▇▇ using your personal identification number, touch tone phone, and account numbers, to: • transfer funds from share draft to share draft or share savings • transfer funds from share draft to other savings • transfer funds from share savings to share draft or share savings • transfer funds from share savings to other share draft • transfer funds from personal line of credit and home equity line of credit to share draft or share savings • make payments from share draft or share savings to loan accounts with us • get information about: - the account balance of share draft or share savings accounts - unlimited deposits to share draft or share savings accounts - unlimited withdrawals from share draft or share savings accounts • Make deposits to checking and saving account(s) • Withdraw cash from checking and savings account(s) - you may withdraw no more than $500.00 per day (Kokomo Edge - you may withdraw no more than $200.00 per day) • Transfer funds from checking(s) or savings to checking(s) or savings account(s) • Get balance information about checking and savings accounts Some of these services may not be available at all terminals. transaction amount in US dollars is either a rate selected by Visa from the range of rates available in wholesale currency markets for the applicable central processing date, which rate may vary from the rate Visa itself receives, or the government-mandated rate in effect for the applicable central processing date, plus 1%. The conversion rate in effect on the processing date may differ from the rate in effect on the transaction date or posting da...

Preauthorized Payments. A. You are not permitted to establish preauthorized payments with your Temporary Card. B. Right to stop payment and procedure for doing so. If you have preauthorized payments with your Personalized Reloadable Card, you can stop any of these payments. Here’s how: Call us at ▇▇▇-▇▇▇-▇▇▇▇ or write us at P.O. Box 551667 Jacksonville, FL 32255, in time for us to receive your request three business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and get it to us within 14 days after you call.

Preauthorized Payments. If you have made arrangements with any third party to make regular payments or transfers out of your account, you can stop any of these payments by contacting us in writing or by phone. We must receive your request at least 3 business days before the payment is scheduled to be made. If you call, we also may require you to put your request in writing and get it to us within 14 days after you call. Stop payments will permanently stop the next recurring electronic transaction, but will not stop subsequent recurring electronic payments. To revoke authorization for recurring electronic payments, you should revoke your authorization in writing with the person or company you are paying. If these regular electronic payments vary in amount, the person or company you are paying must tell you 10 days before each payment when it will be made and how much it will be. If you order us to stop one of these pre-authorized electronic payments at least 3 business days before the transfer is scheduled, and we do not do so, we may be liable for your losses or damages. If, in connection with electronic payments deposited directly to your account by a third party, you deposit any amount in this account which should have been returned to the Federal Government or other issuer for any reason, you authorize us to deduct the amount of your liability to the Federal Government or other issuer from this account or from any other account you have with us, without prior notice and at any time, except as prohibited by law. We may also use any other legal remedy to recover the amount of this liability.

Preauthorized Payments. If you have told us, a business or merchant, in advance to make regular payments out of your account, you may stop these payments. To stop a payment call Mission Fed at ▇▇▇.▇▇▇.▇▇▇▇ or write us at Mission Federal Credit Union, ▇.▇. ▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇, in time for us to receive your request 3 business days or more before the payment is schedule to be made. If you call, we will also require you to put your request in writing and return it to us within 14 days after you call. We will charge a fee for each stop payment you request. Please refer to the Consumer Fee Schedule. If these regular payments may vary in amount, the person you are going to pay will tell you, 10 days before each payment, when it will be made and how much it will be. (You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.) You must provide us accurate payment information for it to be stopped, including the exact amount of the payment. If you order us to stop one of these payments three business days or more before the transfer is scheduled, and we do not do so, we may be liable for your losses and damages.

Preauthorized Payments. If you arranged with a third party for regular electronic payments to be made from your account with us, these payments will appear on your periodic statement. If these regular payments may vary in amount, the third party must notify you, at least 10 days before each payment date, when the payment will be made and how much it will be. You may choose instead to receive this notice only when the electronic payment differs by more than a certain amount from the previous one, or when the amount falls outside a certain range of amounts specified by you. If a wire transfer we initiate is rejected, we will send you notice of rejection no later than the business day following our notification of the rejection. We will not be responsible for any loss, including interest or attorney’s fees, you may claim resulting from your late receipt of a rejection notice.