Wire Transfer Services. Business and Consumer may request the ability to make online wire transfers. Online wire transfers require execution of a separate agreement and prior approval. We may allow you to make wire transfers through Online Banking Services during the term of this Agreement. By using the online Wire Transfer service you have agreed to pay the wire transfer fee as identified in your agreement. We send outgoing and receive incoming wire transfers through our Banks resources or other third party financial institutions, as selected by us from time to time. All wire transfers made pursuant to this Agreement are governed by this Agreement, Subpart B of Regulation J of the Federal Reserve Board, and all other Applicable Law. You shall designate to us in the form required by us under separate agreement those Users authorized to instruct us regarding wire transfers including without limitation, Users authorized to initiate wire transfer requests and select advice methods, confirmation methods, and any or all authorizations and instructions that may be requested by us. We may rely on any such authorization until it has been revoked by you in writing or through Online Banking Services. We shall have a reasonable time to process any revocation received pursuant to this Section. We may use means and routes for wire transfers that we deem suitable for each outgoing wire transfer in our sole and absolute discretion. We shall establish from time to time a specific time of day after which we will not accept an incoming wire transfer request to be processed on the day of receipt. Wire transfer requests received after our established deadline or on any non-Business Day, including any Saturday, Sunday, holiday or any day that Bank’s wire department is not open will be considered received on the next Business Day. You shall supply to us any information we may reasonably request regarding any wire transfer request initiated by you, including, without limitation, money amounts, affected accounts, dates of transfer, the beneficiary’s name and account number, the name and routing number of the beneficiary’s financial institution, such additional information as we may reasonably request and, if necessary, further evidence of any Primary User’s or Sub-User’s authority to transfer funds or to do any other act contemplated by this Agreement. The order in which we process wire transfer requests is determined solely by us in our sole and absolute discretion. In addition to any other reasons con...
Wire Transfer Services. Subject to the terms and conditions of this Agreement, the Bank will execute Funds Transfers using the Wire Transfer Service described in this Agreement (each a “Wire Transfer”), in the amount and from one of Customer’s accounts at the Bank, all as specified in each Wire Transfer request, provided the request is (a) actually received by the Bank; (b) designates the Customer account from which it is to be paid; (c) does not exceed the collected funds in the designated Customer account, or any applicable daily limits, or other restrictions or limitations established by the Bank; (d) is authorized by an Authorized Person or satisfies one of the Security Procedures set forth below; and (e) is accepted by the Bank. Wire Transfer Procedures
Wire Transfer Services. Company authorizes the Bank to transfer funds from any accounts which are designated in the exhibits maintained at Bank (“Wire Transfer Services”). The Bank, subject to its then current security procedures, will execute wire transfers in accordance with Requests from authorized Company representatives (hereinafter referred to as “Authorized Representatives” as identified in the exhibits maintained at Bank) whether such Requests are written, oral, telephonic, telegraphic, or via an automatic transfer device (except as mode of Request is limited by written agreement). Funds must be available in the account specified in the Request at the time the Request is made. The Bank will not search for funds in accounts other than the one(s) specified in the Request.
Wire Transfer Services. The following provisions apply to funds transfers Customer receives through the Bank (“Wire Transfers”). The Uniform Commercial Code (“UCC”) includes provisions relating to Wire Transfers. The terms are used here as they are defined in the UCC as adopted by the state whose law applies to the account for which the funds transfer service is provided. In general, a funds transfer is the process of carrying out payment orders that lead to paying a beneficiary. The payment order is the set of instructions given to the Bank to transfer funds. The beneficiary is the person or business who received the payment. Subject to the terms and conditions of this Agreement Customer hereby authorizes the Bank and the Bank hereby agrees to honor, execute and charge to the Account all telephonic or online requests for the wire transfer of funds.
Wire Transfer Services. We offer certain services that allow you to request wire transfer of funds (each such transfer, a “Wire Transfer”) to a third party (each a “Beneficiary”). Wire Transfers are not Electronic Fund Transfers and are not governed by our Electronic Fund Transfer Agreement. They are subject to and governed by Article 4A of the Uniform Commercial Code and Subpart B of Federal Reserve Regulation J. You agree that your Wire Transfer requests must be executed in accordance with (a) Article 4A of the Uniform Commercial Code (“Article 4A”), (b) Subpart B of Regulation J of the Board of Governors of the Federal Reserve System, and (c) the terms and conditions of any Wire Transfer agreement (a “Wire Transfer Agreement”) that you may be required to execute at the time of the request. The terms and conditions contained in this section supplement the terms and conditions of our Wire Transfer Agreement to the extent the two are not inconsistent. You acknowledge that Article 4A authorizes us to rely upon the numbers supplied by you to identify banks, Beneficiaries and other parties to the Wire Transfer, even if those numbers disagree with the names of those parties. All Wire Transfers will be made according to our security procedure(s) as identified in our Wire Transfer Agreement. The security procedure(s) is/are intended to verify that an order is authorized. You understand that once your request for a Wire Transfer has been processed, the funds will have been permanently transferred to the named Beneficiary and that a stop payment order will be impossible. You understand that the Bank handles Wire Transfer requests expeditiously, but that there is no guarantee that a request will be completed in any specific time period.
Wire Transfer Services. Subject to the terms and conditions set forth in this Agreement, Business Member authorizes the Credit Union, and the Credit Union agrees to honor, execute and charge to Business Member’s designated Credit Union account(s), requests made by Business Member in person or by facsimile, for the wire transfer of funds (“Wire Transfers”).
Wire Transfer Services. If the Internet Banking Wire Transfer Service is requested and approved for you, the Credit Union will provide you the ability to instruct the Credit Union to send domestic funds transfers (“Wire Transfer”), through Internet Banking (“Wire Transfer Services”), which create obligations from you to the Credit Union. You understand and acknowledge that execution of any Payment Order to the Credit Union is subject to the following terms and requirements.
Wire Transfer Services. Business Customers should refer to section paragraph 32 (E).
Wire Transfer Services. One of the Services offered is a wire transfer service, which allows the Company, directly or indirectly, to use the Services to initiate requests for wire transfers of funds from the Company’s eligible accounts by means of the Federal Reserve Communication System, or a similar network used for the transfer of funds. The Company hereby requests that FI honor its requests to execute wire transfers communicated via the Services in accordance with applicable security procedures. Upon receipt of your wire transfer request, we may choose not to process the request if the applicable account does not contain sufficient Available Funds to cover the Transaction. FI will not process the request unless it is authorized by Company or is verified by FI in compliance with the applicable security procedure for verifying the authenticity of funds transfer instructions. You may be notified via telephone, regular e-mail or other means if a wire transfer request is denied. Wire transfer requests must be dated for a Business Day and cannot be dated for holidays, weekends or other non-processing days. An Authorized Company Administrator may request changes in Company wire transfer limits, request the investigation of Company wire transfers, request that we don't process a Company wire transfer, or request a reversal for a wire transfer request that has been submitted. Once accepted by the Bank, a wire transfer cannot be reversed. Wire transfer requests communicated through the Services will be reviewed and considered for processing when submitted before the posted cutoff time established by the FI from time to time. Same day wire transfers cannot be transmitted after the wire cutoff time. Such same day wire transfer requests submitted after the wire cutoff must be scheduled for a future business day.
Wire Transfer Services. In order to use the Wire Transfer services offered by Bank, the Customer must execute the Wire Transfer Services Agreement (the "Wire Agreement"). The Wire Agreement sets forth the specific terms and conditions related to Bank's Wire Transfer Services.
