Common use of Instant Verification Clause in Contracts

Instant Verification. ▪ Instant Verification uses your online banking credentials to verify your authority to access a designated External Account at another financial institution. Use of our Instant Verification service is currently limited to consumer account use only. In order to link an External Account for the purpose of initiating transfers to your eligible East West Bank consumer account using the Online Banking Service, you will be required to provide certain information, including but not limited to the financial institution name and/or routing number and the external account number. You will also be required to enter your online banking credentials (username and password) for your online banking service at the other financial institution. o If you do not have online banking access to your External Account, or if your other financial institution does not support this service, then you will not be able to link the External Account using our Online Banking service. ▪ By using Instant Verification, you authorize us and our Services Providers to use the information you entered to access third party sites and retrieve information, on your behalf, for the purpose of verifying your authority to access the designated External Account. ▪ Before using Instant Verification you should carefully review the privacy policy of the Service Provider, which will be made available to you at the time you request the service. o If you do not agree to the terms of this Agreement or the terms of the Service Provider’s privacy policy, then you should not use this service.

Instant Verification. ▪  Instant Verification uses your online banking credentials to verify your authority to access a designated External Account at another financial institution. Use of our Instant Verification service is currently limited to consumer account use only. In order to link an External Account for the purpose of initiating transfers to your eligible East West Bank consumer account using the Online Banking Service, you will be required to provide certain information, including but not limited to the financial institution name and/or routing number and the external account number. You will also be required to enter your online banking credentials (username and password) for your online banking service at the other financial institution. o If you do not have online banking access to your External Account, or if your other financial institution does not support this service, then you will not be able to link the External Account using our Online Banking service. ▪  By using Instant Verification, you authorize us and our Services Providers to use the information you entered to access third party sites and retrieve information, on your behalf, for the purpose of verifying your authority to access the designated External Account. ▪  Before using Instant Verification you should carefully review the privacy policy of the Service Provider, which will be made available to you at the time you request the service. o If you do not agree to the terms of this Agreement or the terms of the Service Provider’s privacy policy, then you should not use this service.

Instant Verification. ▪ Instant Verification uses your online banking credentials to verify your authority to access a designated External Account at another financial institution. Use of our Instant Verification service is currently limited to consumer account use only. In order to link an External Account for the purpose of initiating transfers to your eligible East West Bank consumer account using the Business Online Banking Service, you will be required to provide certain information, including but not limited to the financial institution name and/or routing number and the external account number. You will also be required to enter your online banking credentials (username and password) for your online banking service at the other financial institution. o If you do not have online banking access to your External Account, or if your other financial institution does not support this service, then you will not be able to link the External Account using our Business Online Banking serviceService. ▪ By using Instant Verification, you authorize us and our Services Providers to use the information you entered to access third party sites and retrieve information, on your behalf, for the purpose of verifying your authority to access the designated External Account. ▪ Before using Instant Verification you should carefully review the privacy policy of the Service Provider, which will be made available to you at the time you request the service. o If you do not agree to the terms of this Agreement or the terms of the Service Provider’s privacy policy, then you should not use this service.