Delayed Processing Sample Clauses
Delayed Processing. In addition to any allowances provided to Bank in any other agreement Bank has with Client, Client agrees that Bank may delay posting of an inbound credit to Client’s account(s) held at Bank, or delay the processing of an outbound transaction from Client’s account(s) held at Bank, when the delay is due to a suspicion that the transaction may be in violation of applicable Law, Rule or Act, or the transaction is otherwise under review by Bank.
Delayed Processing. In addition to any rights or allowances provided to us under this Agreement or in any other agreement we have with you, you agree that we may delay posting of an inbound credit to your Account(s), or delay the processing of an outbound transaction, when the delay is due to a suspicion that the transaction may be in violation of applicable law, or the transaction is otherwise under review by us. Subject Rules and Regulations. You acknowledge that any Request executed by us will be subject to rules and regulations applicable to Payment Orders, including recordkeeping and information transmittal requirement under federal Bank Secrecy Act and its implementing regulations. You acknowledge and agree that we may capture any transmittal information regarding a Request (for example, beneficiary’s name and address, other beneficiary identifiers and beneficiary’s account number) as part of the processing of a Request. You agree to assist us in connection with any requirements imposed on us in fulfilling our obligations in this regard.