Account Number Policy. If External Transfer instructions identify a bank 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. In addition, you agree that the Bank has no responsibility to investigate discrepancies between names and numbers.
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Samples: External Transfer Service Agreement, External Transfer Service Agreement, External Transfer Service Agreement
Account Number Policy. If External Transfer instructions identify a bank 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. In addition, you agree that the Bank has we have no responsibility to investigate discrepancies between names and numbers.
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