Common use of ACCEPTANCE OF TRANSFERS Clause in Contracts

ACCEPTANCE OF TRANSFERS. The Bank will not be responsible in any way for accepting a fund transfer received for your benefit. Although the current practice of the Bank is to notify You of the acceptance of a fund transfer in US dollars within two (2) Business Days after the date of receipt, if said fund transfers are made through a system other than the Automated Clearing House (ACH), the Bank is not obligated to provide such notification. The Bank will credit the account of the recipient on the date the Transfer is paid, if it is received before Cut-Off Time on a Business Day. If not, the account will be credited the next Business Day.

ACCEPTANCE OF TRANSFERS. The Bank will not be responsible in any way for accepting a fund transfer received for your benefit. Although the current practice of the Bank is to notify You of the acceptance of a fund transfer in US dollars within two (2) Business Days after the date of receipt, if said fund transfers are made through a system other than the Automated Clearing House (ACH), the Bank is not obligated to provide such notification. The Bank will credit the account of the recipient on the date the Transfer is paid, if it is received before Cut-Off Off Time on a Business Day. If not, the account will be credited the next Business Day.

ACCEPTANCE OF TRANSFERS. The Bank will shall not be responsible in any way for accepting a fund transfer of funds received for your benefit. Although the current practice of the Bank is to notify You of the acceptance of a fund transfer in US dollars within two (2) Business Days after days following the date payment date, in the case of receipt, if said fund transfers are made through a system other than the Automated Clearing House Clearinghouse (ACH), the Bank is not obligated to provide such notification. The Bank will shall credit the account of the recipient beneficiary for a transfer accepted on the date the Transfer order is paid, paid if it is received before Cutthe cut-Off Time off time of a funds-transfer business day, or on a Business Day. If not, the account will be credited the next Business Dayfunds-transfer business day.