Common use of Stop Payment Service Clause in Contracts

Stop Payment Service. Stop Payment Services allow you to provide an alternate entry system for initiating stop payment orders. In accord with each stop payment order you submit; we shall endeavor to stop payment on your check per your request. A fee for each stop payment order we receive will be assessed at the current rate as set by us from time to time. The fee schedule for our Services is available upon request. Properly executed stop payment orders or stop payment orders requested are effective for one hundred eighty (180) days after the date received and will automatically expire after that period, unless renewed in writing. Where you elect to execute stop payment requests through our Online Banking Services, we agree to enter the stop payment in our main computer system on the same day we receive the request, provided that we receive the request prior to the cut-off time as set by us. Prior to requesting a stop payment, you should verify that the item has not already been posted to your account(s). If a stopped item has already been paid prior to our receipt and entry of the stop payment request, then we shall not be liable for any loss incurred by you arising from the event. The cut-off time for stop payment orders to be processed on the same day will be set by us from time to time and is available upon request. We may, but are not obligated to, extend this cut-off time and, with prior notice to you, an earlier cut-off time may be required to address specific circumstances, such as holiday hours. Stop payment orders received after the cut-off time or on a weekend or holiday will be processed on the next Business Day. Prior to submitting any stop payment order, you must verify that all of the information in the stop payment order is accurate and complete. If there is any discrepancy between the information you provide in a stop payment order and the actual check, we shall be considered to be fully released from any liability or responsibility in regard to the check or any loss resulting therefrom. If a duplicate check is issued or if the original check is returned, you must notify us immediately.

Stop Payment Service. Stop Payment Services allow you to provide an alternate entry system for initiating You may stop payment orderson a check by providing us with timely, complete and accurate information on the number of the account in question and the item number. In accord with each stop It is recommended that you provide as much additional information as possible regarding the check, including the date of the item; the payee information; and the EXACT amount of the item (dollars and cents). Stop payment requests are valid for Six Months (180 days) from the date the order you submit; is accepted. At expiration, an order may be renewed for an additional six months at your request. If any information is incomplete or incorrect, we shall endeavor will not be responsible for failing to stop payment on your check per your requestthe item. A fee for each Stop Payments must be received by the Stop Payment Cut-Off set forth in Section 24 on a business day in order to be included in the current end of day processing, and stop payment order we receive will be assessed at the current rate as set by us from time to time. The fee schedule for our Services is available upon request. Properly executed stop payment orders or stop payment orders requested are effective for one hundred eighty (180) days after the date received and will automatically expire after that period, unless renewed in writing. Where you elect to execute stop payment requests through our Online Banking Services, we agree to enter the stop payment in our main computer system on fees post the same day we receive if the request, provided that we receive Stop Payment request is received before the request prior to Stop Payment Cut-Off set forth in Section 24 on a business day. Stop Payment requests become effective when the cut-off time as set by us. Prior to requesting a stop payment, you should verify Bank confirms their receipt and has verified that the item has not already been posted paid, which is generally within two business days of when the Stop Payment request was made through the Service. A Stop Payment request made through the System will not be effective as to your account(s)checks presented at the Bank unless the Stop Payment request was made prior to the Stop Payment Cut-Off set forth in Section 24 on the prior business day. From time to time, the on-line System may be inoperable. If that occurs, your request can be communicated to the Bank by telephone or in writing. You understand that there may be claims or demands made against the Bank as a stopped item has already been paid prior result of your stop payment request. If any claim or demand of whatever nature is made against the Bank with respect to our receipt and entry of the stop payment requestorder and/or the item itself, then we shall not be liable you agree to indemnify and defend the Bank and to reimburse the Bank for any loss incurred by you arising from such claims or demands, and for reasonable costs, expenses, or attorneys’ fees that the eventBank may incur in defending itself against any such claims or demands. The cut-off time for You understand that the Bank will use all reasonable efforts to comply with a stop payment orders to be processed order. However, you understand fully that unless the item number is correctly entered on the same day will be set by us from time to time and is available upon request. We may, but are not obligated to, extend this cut-off time and, with prior notice to you, an earlier cut-off time may be required to address specific circumstances, such as holiday hours. Stop payment orders received after the cut-off time or on a weekend or holiday will be processed on the next Business Day. Prior to submitting any stop payment order, the Bank assumes no responsibility for stopping payment and is not liable to you must verify that all of the information in the stop payment order is accurate and complete. If there is any discrepancy between the information you provide in if a stop payment order cannot be accomplished. Stop-payment requests made through the System may only be used for paper checks written from an account, and not for electronic or ACH debit transactions. All stop payment orders originated through the System are subject to applicable law and the actual check, we shall be considered to be fully released from any liability or responsibility in regard to the check or any loss resulting therefrom. If a duplicate check is issued or if the original check is returned, you must notify us immediatelyBank’s usual rules and fees for such orders.

Stop Payment Service. Stop Payment Services allow you to provide an alternate entry system for initiating Customer may stop payment orderson a check by providing the Bank with timely, complete and accurate information on the number of the account in question and the item number. In accord with each stop It is recommended that Customer provide as much additional information as possible regarding the check, including the date of the item; the payee information; and the EXACT amount of the item (dollars and cents). Stop payment requests are valid for Six Months (180 days) from the date the order you submit; we shall endeavor is accepted. At expiration, an order may be renewed for an additional six months at Customer’s request. If any information is incomplete or incorrect, the Bank will not be responsible for failing to stop payment on your check per your requestthe item. A fee for each Stop Payments must be received by the Stop Payment Cut-Off set forth in Section 17 on a business day in order to be included in the current end of day processing, and stop payment order we receive will be assessed at the current rate as set by us from time to time. The fee schedule for our Services is available upon request. Properly executed stop payment orders or stop payment orders requested are effective for one hundred eighty (180) days after the date received and will automatically expire after that period, unless renewed in writing. Where you elect to execute stop payment requests through our Online Banking Services, we agree to enter the stop payment in our main computer system on fees post the same day we receive if the request, provided that we receive Stop Payment request is received before the request prior to Stop Payment Cut-Off set forth in Section 17 on a business day. Stop Payment requests become effective when the cut-off time as set by us. Prior to requesting a stop payment, you should verify Bank confirms their receipt and has verified that the item has not already been posted paid, which is generally within two business days of when the Stop Payment request was made through the Service. A Stop Payment request made through the System will not be effective as to your account(s)checks presented at the Bank unless the Stop Payment request was made prior to the Stop Payment Cut-Off set forth in Section 17 on the prior business day. From time to time, the on-line System may be inoperable. If that occurs, Customer’s request can be communicated to the Bank by telephone or in writing. Customer understands that there may be claims or demands made against the Bank as a stopped item has already been paid prior result of Customer’s stop payment request. If any claim or demand of whatever nature is made against the Bank with respect to our receipt and entry of the stop payment requestorder and/or the item itself, then we shall not be liable Customer agrees to indemnify and defend the Bank and to reimburse the Bank for any loss incurred by you arising from such claims or demands, and for reasonable costs, expenses, or attorneys’ fees that the eventBank may incur in defending itself against any such claims or demands. The cut-off time for Customer understands that the Bank will use all reasonable efforts to comply with a stop payment orders to be processed order. However, Customer understands fully that unless the item number is correctly entered on the same day will be set by us from time to time and is available upon request. We may, but are not obligated to, extend this cut-off time and, with prior notice to you, an earlier cut-off time may be required to address specific circumstances, such as holiday hours. Stop payment orders received after the cut-off time or on a weekend or holiday will be processed on the next Business Day. Prior to submitting any stop payment order, you must verify that all of the information in the stop Bank assumes no responsibility for stopping payment order and is accurate and complete. If there is any discrepancy between the information you provide in not liable to Customer if a stop payment order cannot be accomplished. Stop-payment requests made through the System may only be used for paper checks written from an account, and not for electronic or ACH debit transactions. All stop payment orders originated through the System are subject to applicable law and the actual check, we shall be considered to be fully released from any liability or responsibility in regard to the check or any loss resulting therefrom. If a duplicate check is issued or if the original check is returned, you must notify us immediatelyBank’s usual rules and fees for such orders.