Common use of Ineligible Transaction Account Types Clause in Contracts

Ineligible Transaction Account Types.  East West Bank Accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank.  Individual Retirement Accounts (IRAs)  401 K Accounts  Certain custodial and/or Trust Accounts  Certain business accounts  Certificate of Deposit (CD) accounts or other time-based accounts  Loan Accounts (including credit card and equity accounts) Regardless of if an account is made available by us for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transaction on the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages (including, but not limited to, reasonable attorneys’ fees), caused by or arising from your actions. You may have other accounts that are not eligible for this External Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account or to your account at the other bank, credit union or other institution. Eligibility is determined by the records of the Bank, our Service Providers and the External financial institution or brokerage company. The Bank and our Service Providers are under no obligation to honor an External Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us or the External financial institution or brokerage company directly to verify if your account(s) is eligible for ACH external transfers to or from another financial institution.

Ineligible Transaction Account Types.  East West Bank Accounts accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank.  Individual Retirement Accounts (IRAs)  401 K Accounts  Certain custodial and/or Trust Accounts  Certain business accounts  Certificate of Deposit (CD) accounts or other time-based accounts  Loan Accounts accounts (including credit card and equity accounts) Regardless of Regardless, if we make an account is made available by us for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transaction on the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages (including, but not limited to, reasonable attorneys’ fees), caused by or arising from your actions. You may have other accounts that are not eligible for this External Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account or to your account at the other bank, credit union or other institution. Eligibility is determined by the records of the Bank, our Service Providers and the External financial institution or brokerage company. The Bank and our Service Providers are under no obligation to honor an External Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us or the External financial institution or brokerage company directly to verify if your account(s) is eligible for ACH external transfers to or from another financial institution.

Ineligible Transaction Account Types.  ƒ East West Bank Accounts accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank.  ƒ Individual Retirement Accounts (IRAs)  ƒ 401 K Accounts  ƒ Certain custodial and/or Trust Accounts  ƒ Certain business accounts  ƒ Certificate of Deposit (CD) accounts or other time-based accounts  ƒ Loan Accounts accounts (including credit card and equity accounts) Regardless of Regardless, if we make an account is made available by us for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transaction on the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages (including, but not limited to, reasonable attorneys’ fees), caused by or arising from your actions. You may have other accounts that are not eligible for this External Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account or to your account at the other bank, credit union or other institution. Eligibility is determined by the records of the Bank, our Service Providers and the External financial institution or brokerage company. The Bank and our Service Providers are under no obligation to honor an External Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us or the External financial institution or brokerage company directly to verify if your account(s) is eligible for ACH external transfers to or from another financial institution.