WIRE TRANSFER SECURITY PROCEDURES. ADDITIONAL INFORMATION ---------------------- Telephone Communications - All telephone communication between BFDS and the client will be handled on recorded telephone lines. Transfers Initiated Via Facsimile Transmission - Transfers initiated via fax may use either repetitive wire security procedures, telephone confirmation or a combination of both. Optional Security Procedure - Client may establish telephone confirmation procedures to authenticate repetitive manual wires initiated via telephone, untested facsimile or mail in excess of certain dollar amounts using the attached forms.
WIRE TRANSFER SECURITY PROCEDURES. SECTIONS I and II SHOULD BE COMPLETED BY ALL CLIENTS -------------------------------------------------------------------------------- Please type all documentation. ------------------------------
WIRE TRANSFER SECURITY PROCEDURES. ADDITIONAL INFORMATION Telephone Communications - All telephone communication between Boston Financial and the client will be handled on recorded telephone lines. Transfers Initiated Via Facsimile Transmission - Transfers initiated via fax may use repetitive wire security procedures, telephone confirmation or a combination of both. Optional Security Procedure - Client may establish telephone confirmation procedures to authenticate repetitive manual wires initiated via telephone, untested facsimile or mail in excess of certain dollar amounts using the attached forms. WIRE TRANSFER SECURITY PROCEDURES ________________________________________________________________________________ SECTIONS I and II SHOULD BE COMPLETED BY ALL CLIENTS ________________________________________________________________________________ Please type all documentation. SECTION I Client/Fund ________________________________________________________________________________ Street: ______________________________________________________ Apt: ____________ City: ____________________________ State: __________________ Zip: ______________ Phone Number: ( ) _____________________ Fax Number: ( ) _____________________
WIRE TRANSFER SECURITY PROCEDURES. (a) Customer agrees that it shall be solely responsible to assure that such Security Procedures are followed, as amended from time to time. If such Procedures are violated, Customer agrees to promptly notify Bank of any such breach. Customer acknowledges that Security Procedures are used to verify the authenticity of transactions but not to detect errors in any transaction Customer The Security Procedures do not verify the actual identity of the users of the Services and do not monitor the actions of users to determine whether they have exceeded their authority. Customer acknowledges that it has reviewed all applicable Security Procedures, has selected its preferred Security Procedure where applicable, has determined that such Security Procedures are commercially reasonable and Customer hereby waives any objection that they are not.
WIRE TRANSFER SECURITY PROCEDURES. Customer and Secured Party have requested that following receipt of a Rights Termination Notice Xxxxx Fargo make the transfers out of the Restricted Account on Xxxxx Fargo's initiative in accordance with Section 6 of this Agreement even though Customer and Secured Party understand that transfers out of the Restricted Account would be more secure if they were each requested on Customer's or Secured Party's personal computer using Xxxxx Fargo's electronic funds transfer service, which service contains Xxxxx Fargo's recommended security procedures for funds transfers. Customer and Secured Party agree that the following security procedures will be used before the first transfer out of the Restricted Account to the Secured Party Account specified at the end of this Agreement, before the first transfer out of the Restricted Account to any new Secured Party account, and before any change in the transfer instructions in this Agreement become effective, to attempt to make certain that the transfers requested pursuant to Section 6 of this Agreement or any other transfers out of the Restricted Account are authorized by Customer and Secured Party: (1) Xxxxx Fargo will compare the signature under which Customer signs this Agreement with the sample signature at the end of this Agreement under the heading "TRANSFER AUTHORIZERS", and (2) Xxxxx Fargo will call back one of the persons named at the end of this Agreement under the heading "TRANSFER VERIFIERS" and attempt to obtain verification of the transfers requested under this Agreement. This Agreement will not be accepted by Xxxxx Fargo or any transfer made out of the Restricted Account if the two signatures do not, in Xxxxx Fargo's opinion, match or if the transfers requested under Section 6 of this Agreement or any other transfers out of the Restricted Account are not verified by someone purporting to be a Transfer Verifier listed at the end of this Agreement. Xxxxx Fargo is under no obligation to confirm in any other way the identity of any purported Transfer Verifier or the person signing this Agreement for Customer. Customer and Secured Party agree to be bound by each transfer out of the Restricted Account if Xxxxx Fargo makes such transfer in good faith and in compliance with these security procedures, even if the transfer is not properly authorized by Customer. If Xxxxx Fargo takes any action in addition to these security procedures in an attempt to determine if the transfers are authorized by Customer or Secured ...
