Common use of Account Number Policy Clause in Contracts

Account Number Policy. If instructions identify a financial institution or beneficiary by name and account number, the relevant financial institution may execute those instructions by reference to the number only, even if the number does not correspond to the name. You understand that such financial institutions may not investigate discrepancies between names and numbers.

Appears in 10 contracts

Samples: Entire Agreement, Coast Eplan, Explanation of Certain Terms:

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Account Number Policy. If instructions identify a financial institution or beneficiary by name and account Account number, the relevant financial institution may execute those instructions by reference to the number only, even if the number does not correspond to the name. You understand that such financial institutions may not investigate discrepancies between names and numbers.

Appears in 5 contracts

Samples: Disclosure and Agreement, Ebudget Agreement, Entire Agreement

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