Common use of ACH and Wire Transfers Clause in Contracts

ACH and Wire Transfers. This agreement is subject to Article 4A of the Uniform Commercial Code. If you origi- nate a fund transfer for which Fedwire is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary financial institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. You agree to be bound by automated clearing house association rules. These rules provide, among other things, that payments made to you, or originated by you, are provisional until final settlement is made through a Federal Reserve Bank or payment is otherwise made as provided in Article 4A-03(a) of the Uniform Commercial Code. If we do not receive such pay- ment, we are entitled to a refund from you in the amount credited to your account and the party originating such payment will not be considered to have paid the amount so credited. If we receive a credit to an account you have with us by wire or ACH, we are not required to give you any notice of the payment order or credit.

ACH and Wire Transfers. This agreement is subject to Article 4A of the Uniform Commercial CodeCode as adopted in the state in which you have your account with us. If you origi- nate originate a fund transfer for which Fedwire is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary financial institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. You agree to be bound by automated clearing house association Automated Clearing House Association rules. These rules provide, among other things, that payments made to you, or originated by you, are provisional until final settlement is made through a Federal Reserve Bank or payment is otherwise made as provided in Article 4A-03(a4A-403(a) of the Uniform Commercial Code. If we do not receive such pay- mentpayment, we are entitled to a refund from you in the amount credited to your account and the party originating such payment will not be considered to have paid the amount so credited. If we receive a payment order to credit to an account you have with us by wire or ACH, we are not required to give you any notice of the payment order or credit.

ACH and Wire Transfers. This agreement Agreement is subject to Article 4A of the Uniform Commercial CodeCode - Fund Transfers as adopted in the State of California. If you origi- nate originate a fund transfer for which Fedwire is used, and you identify by name and number a beneficiary financial institution, an intermediary financial institution or a beneficiary, we and every receiving or beneficiary financial institution may rely on the identifying number to make payment. We may rely on the number even if it identifies a financial institution, person or account other than the one named. You agree to be bound by automated clearing house association National Automated Clearing House Association (NACHA) rules. These rules provide, among other things, that payments made to you, you or originated by you, are provisional until final settlement is made through a Federal Reserve Bank or payment is otherwise made made, as provided in Article 4A-03(a4A-403(a) of the Uniform Commercial Code. If we do not receive such pay- mentpayment, we are entitled to a refund from you in the amount credited to your account and the party originating such payment will not be considered to have paid the amount so credited. Credit entries may be made by ACH. If we receive a payment order to credit to an account you have with us by wire or ACH, we are not required to give you any notice of the payment order or credit.