Information Relied Upon by UNFCU Sample Clauses

Information Relied Upon by UNFCU. I acknowledge and agree that UNFCU is relying upon the information I provide in originating a UNFCU External Transfer Service transfer on my behalf. Any errors in the information, including incorrect or inconsistent recipient names, email addresses, mobile phone numbers or account numbers or the recipient’s financial institution’s ABA number or name, as well as providing incorrect in- formation in connection with transfer from other persons to my account are my responsibility. I understand and agree that if UNFCU External Transfer Service transfer instructions identify an 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. I understand that financial institutions holding the account may not investigate discrepancies between names and numbers. In addition, I agree that UNFCU has no responsibility to investigate discrepancies between names and account numbers. Limited Power of Attorney In connection with any request to transfer funds using the UNFCU External Transfer Service, I hereby give to UNFCU a limited power of attorney and ap- point UNFCU as my true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for you and in your name, place and xxxxx, in any and all capacities, to originate deposits into or withdrawals from my accounts, with full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection with effecting such funds transfers, verifying the content and authenticity of any UNFCU External Transfer Service transfer instruction, complying with all applicable security procedures applicable to such transfers, as fully to all intents and purposes as I might or could in person. Once UNFCU has actual knowledge that I wish to cease using the UNFCU External Transfer Service as provided in this Agreement or as otherwise permitted in this Agreement and has a reasonable opportunity to act on such knowledge and to complete any pending transfers, this limited power of attorney shall be deemed revoked; provided, however, that any act done by UNFCU in good faith before you have actual knowledge of termination by me and a reasonable opportunity to act on such knowledge shall be deemed to be authorized by me. I understand and agree that at all times my relationship with the financial institution (other than UNFCU) that maintains a...
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Information Relied Upon by UNFCU. You acknowledge and agree that UNFCU is relying upon the information you provide in originating an ACH Service transfer or External Transfer on your behalf. Any errors in the information - including incorrect or inconsistent recipient names, physical or email addresses, mobile phone numbers, account numbers, the recipient’s financial institution’s ABA number or name, as well as incorrect information in connection with a transfer from other persons to your account - are your responsibility whether the transaction was created using information you entered one time or from a template created for you by any receiver. You understand and agree that if your ACH Service transfer instructions identify an 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 the account may not investigate discrepancies between names and numbers. In addition, you agree that UNFCU has no responsibility to investigate discrepancies between names and account numbers. For the ACH Service, UNFCU may, at its discretion, require the use of zero dollar test transactions (commonly known as prenotes) before allowing live payments to be made to receivers established in the online payments system of Internet Banking. If prenotes are required, the receiver will be unavailable for use with live payments for up to six days.
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Related to Information Relied Upon by UNFCU

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