Common use of Cancelling an e-Transfer Clause in Contracts

Cancelling an e-Transfer. Unless the Customer is a Responder, the Recipient has registered for Autodeposit, or the Recipient received the e-Transfer by Account Number Routing, the Customer can request that an e-Transfer be cancelled within thirty (30) calendar days from the date the e-Transfer is sent using this Service, provided the e-Transfer has not been declined or claimed by the Recipient. Royal Bank will use reasonable efforts to cancel an e-Transfer at the Customer’s request. The Customer discharges and releases Royal Bank from, and will indemnify and hold harmless Royal Bank for, any Losses resulting from the implementation of, or the failure to implement, a change or cancellation of an e-Transfer.

Cancelling an e-Transfer. Unless the Customer is a Responder, Responder or the Recipient has registered for Autodeposit, or the Recipient received the e-Transfer by Account Number Routing, the Customer can request that an e-Transfer be cancelled within thirty (30) calendar days from the date the e-Transfer is sent using this Service, provided the e-Transfer has not been declined or claimed by the Recipient. Royal Bank will use reasonable efforts to cancel an e-Transfer at the Customer’s request. The Customer discharges and releases Royal Bank from, and will indemnify and hold harmless Royal Bank for, any Losses resulting from the implementation of, or the failure to implement, a change or cancellation of an e-Transfer.