Cancelling Transfers Clause Samples
The Cancelling Transfers clause defines the conditions and procedures under which a transfer of rights, assets, or obligations can be revoked or annulled after initiation but before completion. Typically, this clause outlines the timeframe within which a party may request cancellation, any necessary notifications, and potential fees or consequences associated with reversing a transfer. Its core practical function is to provide a clear mechanism for parties to halt or undo transfers in specific circumstances, thereby reducing the risk of unintended or erroneous transactions.
Cancelling Transfers. A one-time, immediate transfer to another account cannot be cancelled or edited after it has been submitted in OnLine Banking. Future-dated and recurring transfers can be cancelled or edited as long as the transfer has not been processed. You can view the transfers that you are able to cancel or edit by going to the Scheduled Transfers section within Online Banking.
Cancelling Transfers. (a) Subject to the limitations in Section 7 below, you can cancel one-time future-dated Transfer and Recurring Transfers up until the Cut-Off Time on the Scheduled Date. After you cancel a future-dated Transfer, the status changes to Canceled.
(b) If you direct us to begin processing a Transfer immediately or a Transfer's status is in process or has been completed, you no longer have the right to cancel it. However, we, at our option, may attempt to cancel the Transfer, subject to the limitations in Section 7 below.
(c) The easiest and most convenient way to cancel a Transfer is through our Online Banking System. However, you also may request to cancel a one-time future-dated Transfer or Recurring Transfer by calling us at ▇-▇▇▇-▇▇▇-▇▇▇▇ (844- 371-EARN) (only during regular business hours). If you call, we may also require you to put your request in writing and get it to us within 14 days after you call. You may not call and cancel a Transfer whose status is In Process or Processed.
(d) If you attempt to cancel a Transfer using one of the methods cited above and we do not do so, we will be liable for your losses or damages, subject to the limitations in Section 7 below.
Cancelling Transfers. You may cancel a pending Transfer or Payment transaction. However, to do so, We must receive Your instruction to cancel prior to the cutoff time on the Transfer Day the transaction is scheduled to be processed. If We don’t receive Your instruction to cancel a transaction before that time, We may process the transaction.
Cancelling Transfers. Immediate Transfers cannot be canceled once entered into Digital Banking Services and transmitted to the Bank. Future-dated payments can be canceled through Digital Banking Services or by contacting our Digital Banking Services team (how to contact us is listed at the end of this Agreement). A cancellation request must be received at least three (3) Business Days before the scheduled Transfer date. If I do not provide required notice of cancellation, Bank will not be liable for any losses or damages incurred by me if the Transfer is not cancelled. Bank is not responsible for any Transfers made before it has a reasonable opportunity to act on my cancellation notice.
Cancelling Transfers. You can cancel 1-time future-dated and recurring domestic transfers prior to 5:00 p.m. PT on the date processing for the transfer is scheduled to be initiated by accessing the “Transfers” page and selecting “To/From” my accounts at other banks or “To” someone else or a business within Online Banking. This is the preferred method for cancelling transfers. After you cancel a future-dated transfer, the status changes to “Canceled.” If you direct us to begin processing a transfer immediately or a transfer's status is “In Process” or “Processed”, you no longer have the right to cancel it. However, the Bank at its option, may attempt to cancel the transaction, subject to the limitations set forth herein. If you attempt to cancel a payment or transfer in accordance with the above instructions and we do not do so, we will be liable for your losses or damages, subject to the limitations set forth herein.
Cancelling Transfers. You cannot cancel a one-time immediate transfer after it has been submitted through Online Banking and the information has been transmitted to us. Future dated and recurring transfers can be cancelled prior to 8 a.m. ET on the date the transfer is scheduled to be made.
Cancelling Transfers. You can cancel future dated and recurring transfers through the Service. The preferred method for cancelling transfers is via Online Banking on our website ▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇. You cannot submit transfer cancellation requests for transfers that are in the status of In Process or Processed. Cancel requests must be submitted and received by the following times: o One-time future dated and recurring domestic transfers must be cancelled prior to midnight CST on the date processing for the transfer is scheduled to be initiated. After you cancel a future dated transfer, the status changes to Cancelled. If you direct us to begin processing a transfer immediately or a transfer's status is In Process or Processed, you no longer have the right to cancel it. However, the Bank at its option, may attempt to cancel the transaction on your behalf. We cannot guarantee successful cancellation for any transfer request that is in the status of In Process or Processed. The easiest and most convenient method to cancel transfers is via Online Banking; alternatively you may initiate a transfer cancellation request by calling us at 1-800- ▇▇▇-▇▇▇▇. If you call, we may also require you to put your request in writing and return to us within 14 days of your call. You may not call and cancel a transfer with status In Process or Processed. If you attempt to cancel a payment or transfer in accordance with the above instructions and we do not do so, we will be liable for your losses or damages.
Cancelling Transfers. Future-dated and recurring transfers can be canceled prior to 7:00 p.m. CT on the Business Day prior to the date the transfer is scheduled to be made. If the transfer's status is In Process or Processed, you can no longer cancel it. After you cancel a future-dated transfer, the status changes to Canceled. Canceled transfers remain under Scheduled Transfers for customer review. The easiest and most convenient way to cancel a transfer is through Bank’s Online Business Banking System in accordance with any User Guide or on-line instructions. If Customer attempts to cancel a transfer in accordance with the above instructions and Bank does not do so, Bank will be liable for Customer’s losses or damages.
Cancelling Transfers. Subject to the limitations included herein, you can cancel one-time future-dated and recurring transfers prior to processing by calling us at (▇▇▇) ▇▇▇-▇▇▇▇ or (▇▇▇) ▇▇▇-▇▇▇▇. If you call, we may also require you to submit your request in writing and get it to us within 14 days. You may not call and cancel an In Process or Processed transfer.
Cancelling Transfers. A one-time, immediate transfer to another account cannot be cancelled or edited after it has been