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Res 2006-035
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Res 2006-035
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Last modified
8/2/2006 10:34:15 AM
Creation date
8/2/2006 10:18:33 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2006-35
Date
2/21/2006
Volume Book
166
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<br />-I <br /> <br />which is subject to the Online Stop Payment section of this Booklet. If you use <br />telephone, mail or facsimile transmission to request a stop payment, you agree that <br />your stop payment request is subject to the terms described in the Account Agreement <br />for requesting stops by telephone or mail. <br /> <br />If some, but not all, of the information in your stop payment request matches a check <br />which has been presented for payment (for example, the Magnetic Ink Character <br />Recognition (MICR) serial numbers match and the dollar amounts do not match), we may <br />contact you to request a decision on whether or not to pay the check. If any such suspect <br />check is not to be paid, you must promptly instruct us not to pay, or to direct a Controlled <br />Disbursement Point not to pay, the suspect check. If you do not, the suspect check may <br />be paid. <br /> <br />DISBURSEMENT IMAGE <br /> <br />Our Disbursement Image Services will make available to you digital images of checks and <br />drafts paid against specified accounts. Such images may be made available to you by <br />online transmission or by CD-ROMs containing images you may access using image <br />CD-ROM Software. <br /> <br />-I <br /> <br />Check and draft images will be made available to you at such times as you request and <br />we agree. If an image of a check or draft is missing or is illegible, we will provide you a <br />microfilm copy upon your request. Your request must include the account number, the <br />check serial number, the exact amount (dollars and cents) of the payment and the date <br />the payment was made. We may assess a fee for copies provided to you. We will not be <br />liable for failure to provide copies by a given time or for failure to provide copies we are <br />not reasonably able to provide. <br /> <br />Notwithstanding the Limitation of Liabilities section of this Booklet, we will not be liable <br />for damages arising under any Disbursement Image Service in excess of the amount of <br />the check, draft or miscellaneous debit giving rise to your damage claim. Any such claim <br />must include the account number, the check serial number, the exact amount (dollars <br />and cents) of the payment, the date the payment was made, the name of the payee, a <br />detailed explanation of how the claimed los5 occurred and the name, address and <br />phone number of the payee to whom you cannot prove payment was made. <br /> <br />Notwithstanding the Termination section of this Booklet, in the case of a Disbursement <br />Image Service using CD-ROMs, termination of such Service upon 30 days notice may not <br />be effective earlier than the first day of the statement period immediately following the <br />statement period during which such notice is given. <br /> <br />ELECTRONIC BILL PAYMENT CONSOLIDATION <br /> <br />Our Electronic Bill Payment Consolidation Service consolidates, reformats and delivers <br />remittance information and other data related to payments received from Bill Payment <br />Service Providers for credit to your account. Detailed information regarding the Service is <br />available in the applicable User Documentation. <br /> <br />, <br />
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