Common use of Information Relied Upon by the Credit Union Clause in Contracts

Information Relied Upon by the Credit Union. You acknowledge and agree that the credit union is relying upon the information you provide in originating an Open Transfer on your behalf. Any errors in the information, including incorrect or inconsistent account names and numbers or the ABA number or name of the financial institution holding your verified account are your responsibility. Although you represent and warrant to the credit union that you are the owner of each verified account and describe it to the credit union by name and account number (or any other number), you understand and agree that if open transfer instructions identify a verified account by name and account number, the relevant financial institution may execute those instructions by reference to the account number only, even if such number does not correspond to the name. You understand that financial institutions holding your verified accounts may not investigate discrepancies between names and numbers. In addition, you agree that the credit union has no responsibility to investigate discrepancies between names and account numbers.

Information Relied Upon by the Credit Union. You acknowledge and agree that the credit union Credit Union is relying upon the information you provide in originating an Open Transfer a transfer on your behalf. Any errors Errors in the informationinformation are your responsibility, including incorrect or inconsistent account names and numbers or the names, numbers, ABA number information, or name of the financial institution holding your verified account are your responsibilityExternal Deposit Account. Although you represent and warrant to the credit union that you are the owner of each verified account External Deposit Account and describe it to the credit union us by name and account number (or any other number), you understand and agree that if open transfer the instructions identify a verified account External Deposit Account by name and account number, the relevant financial institution may execute those instructions by reference to the account number only, even if such number does not correspond to the name. You understand that some financial institutions holding your verified accounts External Deposit Accounts may not investigate discrepancies between names and numbers. In addition, you agree that the credit union Credit Union has no responsibility to investigate discrepancies between names and account numbersnumbers in this or any instances.