Common use of Transaction Verification Clause in Contracts

Transaction Verification. I. For every instruction processed, the Bank shall notify the Applicant of the outcome via electronic documents. The Applicant shall verify whether such outcomes contain errors. Any inconsistencies must be reported to the Bank within 45 days after the transaction is completed, by e-mail, phone call, or by other method as agreed, for further investigation.

Transaction Verification. I. For every instruction processed, the Bank shall notify the Applicant Member of the outcome in writing, via electronic documents. The Applicant shall document (including email and APP push notification) or other methods agreed by the two parties, and the Member should verify whether such outcomes contain the outcome contains any errors. Any inconsistencies must be he reported to the Bank in writing, via electronic document, or using methods agreed upon by the two parties within 45 days after the transaction is completed, by e-mail, phone call, or by other method as agreed, for further investigation; the Bank shall then conduct the necessary investigations.