Common use of Cancellation of Requested Funds Transfer Clause in Contracts

Cancellation of Requested Funds Transfer. You shall have no right to cancel or amend any Entry after its receipt by us. However, you may request a cancellation of an Entry that you have previously requested through the A2A service if the Entry has not been processed. To request a cancellation, you should use the cancellation feature of the A2A service. If such request complies with the security procedures previously described, we will take reasonable steps to act on your cancellation requests, but we shall not be responsible if we are unable to cancel an Entry because we did not have sufficient time to act on the cancellation request or if such cancellation is not effected. You shall reimburse us for any expenses, losses, or damages we may incur in effecting or attempting to effect your request for the reversal of an Entry.

Cancellation of Requested Funds Transfer. You shall have no right to cancel or amend any Entry after its receipt by usthe Service. However, you may request a cancellation of an Entry that you have previously requested through the A2A service Service if the Entry has not been processed. To request a cancellation, you should use the cancellation feature of the A2A service. If such request complies with the security procedures previously described, we the Service will take reasonable steps to act on your cancellation requests, but we the Bank shall not be responsible if we are the Service is unable to cancel an Entry because we the Service did not have sufficient time to act on the cancellation request or if such cancellation is not effected. You shall reimburse us the Bank for any expenses, losses, or damages we the Bank may incur in effecting or attempting to effect your request for the reversal of an Entry.