Common use of Acceptance of Payment Orders Clause in Contracts

Acceptance of Payment Orders. In general, we will accept payment orders only if you have signed an International Wire Transfer Request form, have a sufficient drawable balance on deposit in the appropriate account to execute the payment order, and produce valid identification. Once you have signed an International Wire Transfer Request, we will proceed to execute your request, provided our security procedures are followed. Security Procedures Once you have signed an International Wire Transfer Request, we will review and verify the wire request. We may be required to call you back at the telephone number currently on file with us in our database for verification. If you do not provide us with a current contact number, your request may not be honored. When contacted, you will need to verify some information. You hereby acknowledge that the security procedures described are commercially reasonable and that you have selected the security procedure offered by the credit union after due consideration of all such alternatives and your business circumstances, including the size, type, and frequency of payment orders that you anticipate issuing to the credit union. You hereby acknowledge that you will be liable for any payment order or communication amending or canceling a payment order, whether or not authorized, that is issued in your name and accepted by the credit union in compliance with the agreed-upon security procedure.

Acceptance of Payment Orders. In general, we will accept payment orders only if you have signed an International a Wire Transfer Request form, have a sufficient drawable balance on deposit in the appropriate account to execute the payment order, and produce valid identification. Once you have signed an International a Wire Transfer Request, we will proceed to execute your request, provided our security procedures are followed. Security Procedures Once you have signed an International a Wire Transfer Request, Request we will review and verify the wire request. We may be required to call you back at the telephone number currently on file with us in our database for verification, and that these numbers had not been changed within the past 30 days of this wire request. If you do not provide us with a current contact number, your request may not be honored. When contacted, you will need to verify some information. You hereby acknowledge that the security procedures described are commercially reasonable and that you have selected the security procedure offered by the credit union after due consideration of all such alternatives and your business circumstances, including the size, type, and frequency of payment orders that you anticipate issuing to the credit union. You hereby acknowledge that you will be liable for any payment order or communication amending or canceling a payment order, whether or not authorized, that is issued in your name and accepted by the credit union in compliance with the agreed-upon security procedure.

Acceptance of Payment Orders. In general, we will accept payment orders only if you have signed an International a Wire Transfer Request formAgreement, have a sufficient drawable available and collected balance on deposit in the appropriate account to execute the payment order, and produce valid identification. Once you have signed an International a Wire Transfer RequestAgreement, we will proceed to execute your request, accept wire requests from you in person or by telephone provided our security procedures are followed. Security Procedures Once you have signed an International a Wire Transfer RequestAgreement and provided us with a password, we will review accept payment orders from you via telephone, provided you have a sufficient available and verify collected balance on deposit in the wire requestappropriate account to execute the payment order, and you provide the required information to us when you call to make your payment order. We Any account owner may be required to call you back at amend or cancel a payment order even if that person did not initiate the telephone number currently on file with us in our database for verification. If you do not provide us with a current contact number, your request may not be honored. When contacted, you will need to verify some informationorder. You hereby acknowledge that the security procedures described are commercially reasonable and that you have selected the security procedure offered by the credit union Credit Union after due consideration of all such alternatives and your business circumstances, including the size, type, type and frequency of payment orders that you anticipate issuing to the credit unionCredit Union. You hereby acknowledge that you will be liable for any payment order or communication amending or canceling a payment order, whether or not authorized, that is issued in your name and accepted by the credit union Credit Union in compliance with the agreed-agreed- upon security procedure. You hereby agree to follow the security procedure when making a payment order via telephone.