Wire Transfer Services definition

Wire Transfer Services means the funds transfer services provided by Bank to Customer pursuant to this Agreement.

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Wire Transfer Services means the use of a wire transfer network, of which Bank is a member or is affiliated, to initiate or receive Payment Order instructions relating to domestic and international funds transfers.

Wire Transfer Services means services provided to Branch Customers relating to wire transfers from the Branches.

Examples of Wire Transfer Services in a sentence

• By enrolling in our Online Banking Service, you agree to these terms and conditions, and authorize us to automatically enable your eligible East West Bank account(s) for Domestic and International Wire Transfer Services through our browser based or mobile device based Online Banking Services, subject to availability.

• Wire transfers are subject to the terms and conditions of the Wire Transfer Services Appendix.

• If Member is enrolled in Navigant’s ACH Origination and/or Wire Transfer Service, Member may initiate ACH or Wire transfer requests from established templates as described in the Automated Clearing House (ACH) Origination Service Appendix and/or the Wire Transfer Services Appendix.

• Commercial accounts have access to domestic Wire Transfer Services, using the Services.

• Appendix D of this Agreement, including all Wire Transfer Services provided by or relating to the Wire Transfer Services provided hereunder by AB&T, and all rights and obligations of the parties, shall be construed in accordance with and governed by the laws of the State of Iowa, including the Iowa Funds Transfers Law.

• AB&T shall be responsible only for performing the Wire Transfer Services expressly provided for in Appendix D of this Agreement and shall be liable only for its negligence or willful misconduct in performing those Wire Transfer Services, except as provided by Iowa Funds Transfers Law or otherwise required by law.

• AB&T shall charge Customer’s account for the amount of the Wire Transfer and any and all fees associated with providing the Wire Transfer Services pursuant to Appendix G of this Agreement by debiting the Customer’s account held at AB&T even if the debit creates or increases an overdraft in any of those accounts.

• The Company may use the Wire Transfer Services to initiate one-time Funds Transfers, or to create templates for Funds Transfers made on a repetitive basis which involve the same Company Account and beneficiary account.

• If you are also enrolled in Wire Transfer Services via our online banking platform, you should transmit such Wire Transfer requests using that online platform's service and its Security Procedures.

• Individual services (including but not limited to, Funds Transfer, ACH Services, Wire Transfer Services, Remote Deposit Capture Services and Positive Pay Services, as each of those terms is defined herein) shall collectively be defined as the “Internet Banking Services”.

More Definitions of Wire Transfer Services

Wire Transfer Services means the service offered by Bank whereby Bank will transfer money at Customer’s request from a Designated Account to an account at another financial institution made by means of Fedwire, S.W.I.F.T., or similar funds transfer system.

Wire Transfer Services means the use of a wire transfer network, of which Bank is a member or is affiliated, to initiate or receive Payment Order instructions relating to domestic and international funds transfers. Company may not initiate, and Bank shall have no obligation to honor, a Payment Order until Bank has accepted Company’s Application and the Application attached Schedule relating to wire funds transfer services; that Bank has received documentation that Company’s Authorized Representative(s) involved with any wire Payment Order is and are empowered to act for the Company as provided for in this Agreement; and Company has delivered a corporate resolution affirming its acceptance of this Service to Bank’s satisfaction. Security Procedures. Bank and Company have agreed upon Security Procedures, including as set forth and described in the Security Procedures Supplement, and as may be described herein, for authenticating instructions relating to any Payment Order, including instruction relating to Funds Transfer to be completed by wire transfer. Payment Order instructions communicated to Bank via the Online Banking Services are subject to the terms of the Agreement, this Subpart and the Related Agreements. Bank’s obligation hereunder shall be to exercise ordinary care in performing the Services described in this Subpart. Substantial compliance by the Bank with its standard procedures for providing the Wire Transfer Services shall be deemed to be the exercise of ordinary care. Initiating Transfers and/or Funds Transfer Orders. Company’s Authorized Representative(s), listed in the Application and its attached Schedules, as authorized agents of Company, may initiate Payment Order instructions to Bank directing that a Funds Transfer be made from a Company Account by wire transfer to a beneficiary’s account at Bank or another financial institution. Payment Orders, amendments and cancellations, properly initiated under the terms of this Subpart, will be accepted during the normal business hours of the Bank’s wire transfer department, excluding Federal Reserve or Bank holidays which are subject to change. Upon Bank’s receipt of a request by Company’s Authorized Representative(s) to amend or cancel a Payment Order(s), Bank agrees: 1) if the Payment Order is in Bank’s possession and Bank has sufficient time to act, Bank will amend or cancel provided said amendment or cancellation in accordance with this Subpart; or 2) Bank agrees to use commercial best efforts to amend, recall or r...