Common use of Business Continuity and Contingency Procedures Clause in Contracts

Business Continuity and Contingency Procedures. Customer will have in place a business continuity plan, including back-up of data submitted under the Service, and, in the event that Customer experiences technical difficulties in connection with the Service, Customer should implement the following procedures: a) For Equipment and Account issues, Customer should call Bank. b) For computer, printer or Internet connectivity issues, Customer should contact the computer repair department, computer vendor or Internet provider as appropriate. c) In the event that Check Images may not be transmitted through the Services for deposit into the Account, Customer should bring the deposit in person to any one of Bank’s branch offices to deposit the original Check(s). I. WIRE TRANSFER SERVICES 1) Introduction. Wire Transfer Payment Orders may be initiated by Customer from within Business Online Banking (“Business Online Banking Wire Transfers”) or by telephone using a PIN (“PIN Wire Transfers”). Bank shall transfer funds from a Customer Account to any other account, whether such other account is with Bank or another bank, in accordance with instructions received from Users or Authorized Signers subject to the authority granted to such individuals online or in the Implementation Documents, as the case may be. All funds transfers are governed by this Agreement, The Fedwire Regulation, OFAC regulations, and all other Applicable Law.