Common use of Ineligible Transfer From Account Types Clause in Contracts

Ineligible Transfer From Account Types. ▪ East West Bank accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank. ▪ Accounts that are not held in an individual, joint, or certain sole proprietorship, trust or fiduciary ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering. ▪ Certain business accounts ▪ Individual Retirement Accounts (IRAs) ▪ 401 K Accounts ▪ Certificate of Deposit (CD) accounts or other time-based accounts ▪ Loan accounts ▪ Accounts that have processing restrictions or that have otherwise been temporarily or permanently blocked by us from using the Wire Transfer Service. Regardless, if we make an account available 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 Wire Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined solely by the records of the Bank, and may change from time-to-time. We are under no obligation to honor a Wire Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Wire Transfer Service.

Ineligible Transfer From Account Types. ▪ East West Bank accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank. ▪ Accounts that are not held in an individual, joint, individual or certain sole proprietorship, trust or fiduciary joint ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering. ▪ Certain business Business accounts ▪ Individual Retirement Accounts (IRAs) ▪ 401 K Accounts ▪ Certificate of Deposit (CD) accounts or other time-based accounts ▪ Loan accounts ▪ Accounts that have processing restrictions or that have otherwise been temporarily or permanently blocked by us from using the Wire Transfer Zelle Service. Regardless, if we make an account available 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 transfer from 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 Wire Transfer the Zelle Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined solely by the records of the Bank, and may change from time-to-time. We are under no obligation to honor a Wire Transfer Zelle Service request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Wire Transfer Zelle Service.

Ineligible Transfer From Account Types. ▪ East West Bank accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank. ▪ Accounts that are not held in an individual, joint, or certain sole proprietorship, trust or fiduciary ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering. ▪ Certain business accounts account and ownership types, at the Bank’s discretion ▪ Individual Retirement Accounts (IRAs) ▪ 401 K Accounts ▪ Certificate of Deposit (CD) accounts or other time-based accounts ▪ Loan accounts ▪ Accounts that have processing restrictions or that have otherwise been temporarily or permanently blocked by us from using the Wire Transfer Service. Regardless, if we make an account available 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 Wire Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined solely by the records of the Bank, and may change from time-to-time. We are under no obligation to honor a Wire Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Wire Transfer Service.

Ineligible Transfer From Account Types. ▪ East West Bank accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank. ▪ Accounts that are not held in an individual, joint, or certain sole proprietorship, trust or fiduciary ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering. ▪ Certain business accounts account and ownership types, at the Bank’s discretion. ▪ Individual Retirement Accounts (IRAs) ▪ 401 K Accounts ▪ Certificate of Deposit (CD) accounts or other time-based accounts ▪ Loan accounts ▪ Accounts that have processing restrictions or that have otherwise been temporarily or permanently blocked by us from using the Wire Transfer Zelle Service. Regardless, if we make an account available 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 transfer from 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 Wire Transfer the Zelle Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined solely by the records of the Bank, and may change from time-to-time. We are under no obligation to honor a Wire Transfer Zelle Service request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Wire Transfer Zelle Service.

Ineligible Transfer From Account Types. ▪  East West Bank accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank. ▪  Accounts that are not held in an individual, joint, individual or certain sole proprietorship, trust or fiduciary joint ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering. ▪ Certain business  Business accounts ▪  Individual Retirement Accounts (IRAs) ▪  401 K Accounts ▪  Certificate of Deposit (CD) accounts or other time-based accounts ▪  Loan accounts ▪  Accounts that have processing restrictions or that have otherwise been temporarily or permanently blocked by us from using the Wire Transfer Zelle Service. Regardless, if we make an account available 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 transfer from 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 Wire Transfer the Zelle Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined solely by the records of the Bank, and may change from time-to-time. We are under no obligation to honor a Wire Transfer Zelle Service request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Wire Transfer Zelle Service.

Ineligible Transfer From Account Types. ▪  East West Bank accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank. ▪  Accounts that are not held in an individual, joint, or certain sole proprietorship, trust or fiduciary ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering. ▪  Certain business accounts ▪  Individual Retirement Accounts (IRAs) ▪  401 K Accounts ▪  Certificate of Deposit (CD) accounts or other time-based accounts ▪  Loan accounts ▪  Accounts that have processing restrictions or that have otherwise been temporarily or permanently blocked by us from using the Wire Transfer Service. Regardless, if we make an account available 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 Wire Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined solely by the records of the Bank, and may change from time-to-time. We are under no obligation to honor a Wire Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Wire Transfer Service.