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BILL PAY AGREEMENT Effective 1/1/2015 Note: All references to the “the Service reflect the bill payment service offered by Credit Union of America (CUA). BILL PAYMENT SERVICE As used in these Terms

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What is bill pay agreement?

A bill pay agreement is a contract or agreement between a customer and a financial institution that allows the customer to pay bills electronically through the institution's online banking platform.

Who is required to file bill pay agreement?

Any customer who wants to use a financial institution's bill pay service is required to file a bill pay agreement.

How to fill out bill pay agreement?

To fill out a bill pay agreement, the customer must provide their personal information, bank account details, billing information, and authorize the financial institution to facilitate bill payments on their behalf.

What is the purpose of bill pay agreement?

The purpose of a bill pay agreement is to streamline the bill payment process for customers by allowing them to make electronic payments through their financial institution.

What information must be reported on bill pay agreement?

The bill pay agreement must include the customer's name, address, bank account information, billing account details, and authorization for the financial institution to process bill payments.

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