Common use of Ineligible Transaction Account Types Clause in Contracts

Ineligible Transaction Account Types.  East West Bank Accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank  Individual Retirement Accounts (IRAs)  401 K Accounts  Accounts that are not held, in an individual, joint, or certain sole proprietorship, trust or fiduciary ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering.  Certain business accounts  Certificate of Deposit (CD) accounts or other time-based accounts  Credit Card Accounts  Loan Accounts (excluding HELOC) Regardless of if an account is made available by us for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transaction on the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages (including, but not limited to, reasonable attorneys’ fees), caused by or arising from your actions. You may have other accounts that are not eligible for this Internal Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined solely by the records of the Bank, and may change from time-to-time. We are under no obligation to honor an Internal Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Internal Transfer Service.

Ineligible Transaction Account Types.  East West Bank Accounts accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank  Individual Retirement Accounts (IRAs)  401 K Accounts  Accounts that are not held, in an individual, joint, or certain sole proprietorship, trust or fiduciary ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering.  Certain business accounts  Certificate of Deposit (CD) accounts or other time-based accounts  Credit Card Accounts accounts  Loan Accounts accounts (excluding HELOC) Regardless of Regardless, if we make an account is made available by us for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transaction on the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages (including, but not limited to, reasonable attorneys’ fees), caused by or arising from your actions. You may have other accounts that are not eligible for this Internal Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined solely by the records of the Bank, and may change from time-to-time. We are under no obligation to honor an Internal Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Internal Transfer Service.

Ineligible Transaction Account Types.  ƒ East West Bank Accounts accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank  ƒ Individual Retirement Accounts (IRAs)  ƒ 401 K Accounts  ƒ Accounts that are not held, in an individual, joint, or certain sole proprietorship, trust or fiduciary ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering.  ƒ Certain business accounts  ƒ Certificate of Deposit (CD) accounts or other time-based accounts  ƒ Credit Card Accounts  accounts ƒ Loan Accounts accounts (excluding HELOC) Regardless of Regardless, if we make an account is made available by us for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transaction on the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages (including, but not limited to, reasonable attorneys’ att fees), caused by or arising from your actions. You may have other accounts that are not eligible for this Internal Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined solely by the records of the Bank, and may change from time-to-time. We are under no obligation to honor an Internal Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Internal Transfer Service.