Challenge of a transfer wrongly executed or executed late Sample Clauses

Challenge of a transfer wrongly executed or executed late. In the event of a badly executed transfer, the Customer shall be reimbursed, without delay, for the amount concerned, and the Client's Account will be restored to the state in which it would have been if the debit resulting from the wrongly executed transaction had not taken place , and with good value date. In the event of a late transfer, the Beneficiary Payment Service Provider shall, at the request of the Payor, ensure that the value date on which the Beneficiary's account has been credited is not later than the value date, which would have been attributed to him if the operation had been correctly carried out. When the Payment Service Provider of the Payor, who tries to recover the funds in the event of a poorly executed operation, does not succeed in doing so, he shall, at the Payor's request, communicate all the relevant information in his possession, and in particular those communicated to it by the Beneficiary's Payment Service Provider, as the latter is required to do, and which could document the Payor's legal action for the purpose of recovering the funds concerned.
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