File Transfer Services. 3.1 If the File Transfer is registered by the Application and the relevant Consents are submitted by the Customer, the Bank shall provide to the Customer the payment services through the file transfer function (the “File Transfer Services”).
3.2 The Customer shall transfer to the Bank the data (the “Data”) through the file transfer function and in the form set forth by the Bank. The Customer shall, immediately after the transmission of the Data, notify the Bank thereof in the manner designated by the Bank. The Data shall become firm and fixed, if and when the Bank receives such notice and becomes aware of the Data.
3.3 The following provisions shall apply with respect to the bulk money transfer (the “Bulk Money Transfer”) in the File Transfer Services:
(1) the Bank is hereby authorized to debit from the account designated in the Data (the “Settlement Account”) the amount of transfer (including the transfer charges) without any check or any withdrawal slip with its bank book;
(2) the provisions in (2) to (5) of Clause 2.2 (provided that (i) “Money Transfer” shall read as “Bulk Money Transfer” and (ii) “Account” shall read as “Settlement Account”); and
File Transfer Services. 4.1 If the File Transfer is registered by the Application and the relevant Consents are submitted by the Customer, the Bank shall provide to the Customer the payment services through the file transfer function (the “File Transfer Services”).
4.2 The Customer shall transfer to the Bank the data (the “Data”) through the file transfer function and in the form acceptable to the Bank. The Customer shall, immediately after the transmission of the Data, notify the Bank thereof in the manner designated by the Bank. The Data shall become firm and fixed, if and when the Bank receives such notice and becomes aware of the Data.
4.3 The following provisions shall apply with respect to the bulk money transfer (the “Bulk Money Transfer”) in the File Transfer Services:
File Transfer Services. (A) If the File Transfer is registered by the Application and the relevant Consents are submitted by the Customer, the Bank shall provide to the Customer the payment services registered under such Application through the file transfer function (the “File Transfer Services”).
(B) The Customer shall transfer to the Bank the data (the “Data”) through the file transfer function and in Extensible Markup Language (xml.), Standard transaction format (stf.), Comma separated value (csv.), excel or text form or zip containing such formats. The Customer shall, immediately after the transmission of the Data, notify the Bank thereof in the manner designated by the Bank. The Data shall become firm and fixed, if and when the Bank receives such notice and becomes aware of the Data.
(C) The following provisions shall apply with respect to the bulk money transfer (the “Bulk Money Transfer”) in the File Transfer Services:
(1) the Bank is hereby authorized to debit from the Account designated in the Data the amount of transfer (including the transfer charges) without any check or any withdrawal slip with its bank book;
(2) the provisions in (2) to (5) of Clause 2.2 (provided that (i) “Money Transfer” shall read as “Bulk Money Transfer”); and
(3) the Customer acknowledges that the total amount of file transfer is displayed only for reference purposes. The Bank shall effect the Bulk Money Transfer on the basis of the Data in the file transferred by the file transfer function. The Bank is under no obligation to verify the Data in the file.
(D) The instruction for the File Transfer Services shall be received by the Bank by the cutoff time set forth by the Bank. The Bank shall exert its best efforts to execute the Bulk Money Transfer without delay, if the instruction for the File Transfer Services is received before the cutoff time.
(E) The Customer acknowledges that the Bulk Money Transfer may not be effected, whether or not a notice is given by the Bank, in case where there exists ambiguity, contradiction, omission or other defect in the instruction for the File Transfer Services (including a case where the number and the total amount of transfer do not conform with the number and the total amount of transfer input by the Customer and displayed on the GCMS Plus screen).
(F) The provisions in Clauses 2.5 to 2.7 shall apply mutatis mutandis with respect to the Bulk Money Transfer (provided that (i) “Money Transfer” shall read as “Bulk Money Transfer”, and (ii) “Payment Services” s...
File Transfer Services. (a) After the end of each applicable frequency (see Exhibit A to Exhibit 5 to the Master Agreement for full list with frequency and delivery times), Vendor shall furnish Customer with the following factual information in the format agreed to by both Customer and Vendor. Vendor will generate a control report and identify a contact to help resolve any transmission or balancing issues:
(i) general ledger summary file;
(ii) settlement report;
(iii) non-ledger transaction;
(iv) pending claim information;
(v) seriatim valuation contract file as needed to calculate actuarial reserves;
(vi) contract file information, as needed, to support reinsurance reporting;
(vii) guaranteed fund filings; and
(viii) assistance with information required under an agreed upon format.
(ix) Data warehouse files, to support Customer’s web site and commission payments Policy Transaction Daily Values Fees Special Programs Name Address Roles VPA Fund VPA Sub Account Monthly Values
(b) Daily, Customer shall furnish Vendor with the following files in the format agreed to by both Customer and Vendor. Customer will identify a contact to help resolve any transmission issues:
(i) New Business File
(ii) Premium File
(iii) Address Change File
(iv) Agent Delta File
File Transfer Services. Clause 3. File Transfer Services under the GCMS Terms and Conditions shall be entirely deleted and replaced as follows:
File Transfer Services. This Section XIII governs the File Transfer Services described herein. Upon Bank’s approval and Xxxxxxxx’s subsequent use of the File Transfer Services described herein, Xxxxxxxx agrees:
A. DESCRIPTION OF SERVICE. File Transfer Services (“File Transfer Services”) is a file transfer method for companies to exchange large files and sensitive data (and images if applicable) with Bank over the internet. Through access to and use of File Transfer Services, Customer may conduct certain Treasury Management services and functions as designated in the File Transfer Services implementation forms provided by Bank (the “Treasury Management Services”).
