Common use of Funds Transfer Services Clause in Contracts

Funds Transfer Services. The following provisions apply to funds transfers you send or receive through us but do not apply to electronic funds transfers governed by Regulation E, Subpart A of the Consumer Financial Protection Bureau. We provide separate agreements to you that govern the terms of some funds transfer services, including separate agreements for online and mobile banking. If you have a specific agreement with us for these services, these provisions supplement that agreement to the extent these provisions are not inconsistent with the specific agreement. Account numbers on funds transfers: If you instruct us to send a funds transfer, such as a wire or ACH transfer, we and every other financial institution involved in the transfer may rely on any routing number or account number you provide. If the funds transfer instruction gives both a routing number or account number and a name, and the name identifies a different person from the financial institution or account owner identified by number, we and other financial institutions that handle the funds transfer may still rely exclusively on the number. We have no duty to detect any inconsistency between the routing number or account number and the name. Rejection of Fund Transfers: We have no responsibility to accept any incoming funds transfers for your benefit. Likewise we have a right to reject any funds transfers for outgoing funds transfer for reasons including, but not limited to, insufficient or uncollected funds in the account specified in the funds transfer request, that fails the security procedures outlined in, our an ability to execute the funds transfer for the reasons set out and the a section entitled method used to make funds transfer above, or if we are unable to verify the authenticity of the funds transfer request.

Funds Transfer Services. The following provisions apply to funds transfers you send or receive through us but do not apply to electronic funds transfers governed by Regulation E, Subpart A of the Consumer Financial Protection Bureau. We provide separate agreements to you that govern the terms of some funds transfer services, including separate agreements for online and mobile banking. If you have a specific agreement with us for these services, these provisions supplement that agreement to the extent these provisions are not inconsistent with the specific agreement. Account numbers on funds transfers: If you instruct us to send a funds transfer, such as a wire or ACH transfer, we and every other financial institution involved in the transfer may rely on any routing number or account number you provide. If the funds transfer instruction gives both a routing number or account number and a name, and the name identifies a different person from the financial institution or account owner identified by number, we and other financial institutions that handle the funds transfer may still rely exclusively on the number. We have no duty to detect any inconsistency between the routing number or account number and the name. Rejection of Fund Transfers: We have no responsibility to accept any incoming funds transfers for your benefit. Likewise Likewise, we have a right to reject any funds transfers for outgoing funds transfer for reasons including, but not limited to, insufficient or uncollected funds in the account specified in the funds transfer request, that fails the security procedures outlined in, our an ability to execute the funds transfer for the reasons set out and the a section entitled method used to make funds transfer above, or if we are unable to verify the authenticity of the funds transfer request.