Common use of Wire Transfer Requests Clause in Contracts

Wire Transfer Requests. Wire transfer requests received after the cutoff time of 2:30 PM on a given business day may be processed the next business day. Submitting a wire transfer in the Online Banking Services link is not a guaranteed transfer of funds, it is a request only. We will act on your wire transfer request provided there are sufficient funds in your account. It is your responsibility to confirm that the beneficiary has received the funds. You may not cancel or change a wire transfer request after you have entered it into the Online Banking Services link and submitted the information to us. You may, however, correct information with respect to a wire transfer request before you transmit the information to us. It is your responsibility to provide correct information on the wire transfer request. The bank assumes no liability for incorrect or incomplete information. There is a fee for each wire transfer. You agree that we may debit this fee from the account from which the funds were withdrawn. The amount of the wire transfer fee is disclosed in the Business Checking Account Fees brochure.