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Who pays any of the late fees if the payee does not receive my payment?

April 26, 2017fees late payee payment pays

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Who pays any of the late fees if the payee does not receive my payment?

2 Answers

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* For personal online banking customers making payments to a business, we will reimburse you for any late payment fees or penalties you are required to pay, up to a maximum of $50 per scheduled payment, as a result of the failure of a Payee to receive a payment made through the Service by the Due Date if you meet each of the following conditions.

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• For personal online banking customers making payments to a business, we will reimburse you for any late payment fees or penalties you are required to pay, up to a maximum of $50.00 per scheduled payment, as a result of the failure of a Payee to receive a payment made through the Service by the Due Date if you meet certain conditions.* • * See Regions Online Banking Agreement and Disclosure Statement for terms and conditions.