Processing Payments Sample Clauses
Processing Payments. The amount of your requested bill pay will be deducted from your account on the Processing Date and will be processed by us on that date or the next Business Day should the processing date fall on a Sunday or Federal Holiday. Therefore, you must have sufficient funds available to cover your payments on the Processing Date in order to have your payment made by your specified Due Date. However, if there is not an electronic payment relationship with the payee, the payment will be issued as a paper check drawn off your Account and the funds will clear the account when the check is paid. Bill pays are delivered to the payee either electronically, which may take up to two (2) business days from the Processing Date, or by check to those payees not set up to accept electronic payments, which may take up to five (5) business days from the Processing Date. When you enter the merchant/payee name, you will be advised if the payment will be sent in electronic or paper form. It is your responsibility to schedule your bill pays in such a manner that your obligations will be paid on time. You should enter and transmit your bill pay instructions at least six (6) business days before a bill is due. If you do not allow sufficient time or your account has insufficient funds, you assume full responsibility for any late payments, finance charges that may be imposed, or other actions taken by a payee as a result of a late (or unpaid) payment. We will not automatically resubmit a payment. Trademark will not process any Bill Pay transfer if we know the required transaction information is incomplete. In any event, we will not be liable for any transaction that contains incorrect information that we were not responsible for providing or entering. If there are insufficient funds in your Account to make the Bill pay request, we may (in our sole discretion) either refuse to make the payment or make the payment and transfer funds from any overdraft protection account you have established. The Credit Union reserves the right to refuse to process payment instructions that reasonably appear to the Credit Union to be fraudulent or erroneous.
Processing Payments. Processing payments on behalf of the Business.
Processing Payments. The Credit Union will initiate your bill payment transfer within one (1) business day of the date you schedule for payment. You will receive a confirmation number at the time of each transaction. You must have sufficient funds available to cover your payment on the Scheduled Payment Date. If your payment is sent electronically, your account is debited on the Scheduled Payment Date. If your payment is sent by check, the funds will be debited from your account one (1) to two (2) days after the send Scheduled Payment Date. The dollar limit on any payment is your available balance up to $9,999.99. Bill payments are delivered to the payee either electronically, which may take up to five business days from the Scheduled Payment Date, or by check to those payees not set up to accept electronic payments, which may take up to ten business days from the Scheduled Payment Date. It is your responsibility to schedule your bill payments in such a manner that your obligations will be paid on time. You should enter and transmit your bill payment instructions at least ten (10) business days before a bill is due. If you do not allow sufficient time, you assume full responsibility for any late payments, fees, or finance charges that may be imposed as a result of your failure to transmit a timely bill payment authorization.
Processing Payments. The amount of your requested ▇▇▇▇ payments will be deducted from your account on the Scheduled Debit Date and will be posted within two business days of the date that the payment is transmitted to the payee. You will receive a confirmation number at the time of each transaction. Therefore, you must have sufficient funds available to cover your payment on the Scheduled Initiation Date.
Processing Payments. Bill Pay payments are delivered to the payee either electronically, or by paper check to those payees not set up to accept electronic payments. Funds for electronic and paper check payments will be withdrawn from your account one (1) to two (2) business days after the specified Send On Date. Due to the processing systems for electronic transactions used in the United States and by us, a payment or other transaction may be effective / posted before we are open for business on the processing date for the payment or other transaction. Therefore, you are responsible for insuring that your account(s) have sufficient balances as applicable for the scheduled payment / transaction one business day prior to the process date. If a payment is due on a Saturday, Sunday, or Federal holiday, the process date will be adjusted to allow the minimum required business days, which is three (3) business days for electronic payments or five (5) business days for paper check payments. In these cases, you should plan to have a sufficient balance on the last business day before the process date in order to ensure your payment is made on time. For merchants not set up to accept electronic payments, a paper check will be issued five (5) business days prior to the due date and the funds withdrawn from your account upon presentment of the check for payment. It is your responsibility to schedule your payments in such a manner that your obligations will be paid on time. You should enter all Bill Pay instructions before the Cutoff Time (8:30 p.m. MST) and allow sufficient delivery time. Payment instructions entered after the Cutoff Time or on a weekend or holiday will be processed on the next business day. If you do not allow sufficient time, you assume full responsibility for any late payments, finance charges or service fees that may be imposed as a result of your failure to transmit a timely Bill Pay authorization. The minimum dollar amount for a Bill Pay transaction is $1.00 and the maximum dollar amount is $9,999.99 per transaction with a daily aggregate limit of $19,999.99.
Processing Payments. The amount of your requested bill payments will be deducted from your account (normally within two business days of the date that the payment is transmitted to the payee). You will receive a confir- mation number at the time of each transaction. Therefore, you must have sufficient funds available to cover your payment on the date in which the payment is scheduled to be issued. Bill payments are delivered to the payee either electronically, which may take up to five business days from the Scheduled Debit Date, or by check to those payees not set up to accept electronic pay- ments, which may take up to ten business days from the Scheduled Debit Date. It is your responsibility to schedule your bill payments in such a manner that your obligations will be paid on time. You should enter and transmit your bill payment instructions at least ten
Processing Payments. The amount of your requested bill payments will be deducted from your account (normally within two business days of the date that the payment is transmitted to the payee). You will receive a confirmation number at the time of each transaction. Therefore, you must have sufficient funds available to cover your payment on the date in which the payment is scheduled to be issued. Bill payments are delivered to the payee either electronically, which may take up to five business days from the Scheduled Debit Date, or by check to those payees not set up to accept electronic payments, which may take up to ten business days from the Scheduled Debit Date. It is your responsibility to schedule your bill payments in such a manner that your obligations will be paid on time. You should enter and transmit your bill payment instructions at least ten (10) business days before a bill is due. If you do not allow sufficient time, you assume full responsibility for any late payments or finance charges that may be imposed as a result of your failure to transmit a timely bill payment authorization.
Processing Payments. Processing payments on behalf of the Business or Service Provider. See Section 1798.140(d)(5).
Processing Payments. For electronic payments, we will deduct the amount of your payment from your account on or after the scheduled payment date. To ensure that your check payments arrive on time, you must schedule payments to be processed at least six (6) business days before the Delivery By date. This generally allows sufficient time for the payee to receive and post the check payment. We will deduct the amount of your payment from your account when the check clears your account. We are not responsible for postal delays, processing delays by the payee, or checks lost in the mail. Occasionally a payee may choose not to participate in the services, or may require additional information before accepting payments electronically. We may always refuse to make payments to certain payees.
Processing Payments. The Business Day that you instruct us to process a payment using the Bill Pay Service is the “Payment Date.” If a payment is requested on a Business Day prior to the cut-off time that we may establish from time to time, we will withdraw the funds at or around the end of that Business Day and mail a check to the payee or initiate an electronic payment on the Payment Date. Payments requested on or after the cut-off time on a Business Day, or anytime not on a Business Day, will be processed at or around the end of the next Business Day. We do not have to make a payment if you do not have sufficient funds or credit available for the payment on the Payment Date. Although you can enter a payment request 24 hours a day, 7 days a week, your designated Payment Date must be on a Business Day. If you instruct us to make a payment on a day other than a Business Day, the applicable Payment Date will be the following Business Day.