International Wire Transfers. In the event you elect to wire funds internationally, you agree to follow the Credit Union’s procedures and requirements for international wire transfers. The Credit Union has the right to rely upon the information which is provided by you for such wire transfer, and it is your responsibility to fully and accurately complete the Outgoing International Wire Transfer Request form and to provide accurate account and routing numbers and swift codes to the Credit Union. Failure to do so may delay or prevent the wire. The Credit Union and other institutions may rely on the information and account numbers that you provide, even if they identify a different party or institution. You acknowledge that some receiving banks and intermediary banks may also charge a fee for their services which will be deducted from the proceeds of the wire. You also understand that some international wires may be delayed and you agree to indemnify and hold the Credit Union harmless for any delays or for losses incurred by you or any third party because of the daily exchange rate fluctuations or incorrect information provided by you.
International Wire Transfers. International Wire Transfers may be subject to delays, charges imposed by other banks and changes in foreign currency exchange rates and/or currency type delivered to the beneficiary. If applicable, you agree to and accept any foreign exchange rate (FX Rate) provided by us at the time the foreign transfer was sent; as well as any foreign exchange rate that may be applied by the beneficiary bank. Currently, the Wire Transfer Service only supports sending U.S. dollar Wire Transfers. Because of the laws in some countries in which beneficiary banks are located, we cannot guarantee that your beneficiary will be able to receive U.S. dollars. If your Wire Transfer is converted to the local currency, the beneficiary bank may charge a fee for this exchange, which could reduce the amount that your beneficiary receives.
International Wire Transfers. Wire Transfers across country borders are customarily done by Bank through a correspondent bank.
a) Payment to a foreign country is subject to the laws of the foreign country involved. Bank assumes no liability for delays, non-delivery or other events resulting from causes beyond Bank’s control. In refunding unexecuted Payment Orders, Bank shall be liable to Customer only to the extent it receives payment from the correspondent bank processing the transfer.
b) From time to time, Bank experiences various difficulties in transferring funds to certain countries. Those difficulties include (but not by way of limitation): (i) excessive delay in applying funds; (ii) incorrect application of funds; (iii) disappearance of funds; (iv) excessively slow response to inquiries; or (v) government restriction on the transfer of such funds. In addition, countries and their subdivisions where the recipient is wired funds charge transfer taxes and other transfer fees that reduce the amount received. Customer hereby acknowledges and assumes any expense in connection with such transfers which may be incurred by Bank in addition to normal and customary charges. Customer is obligated to comply with all laws relating to the transfer of funds for foreign countries, individuals, or agencies. Noncompliance may result in the delay of Requests, fines equivalent to a percentage of the principal or confiscation of the entire principal amount of the transfer if an attempt is made to transfer funds to a sanctioned individual, agency and/or country.
International Wire Transfers. Wire Transfers across country borders are performed by Bank using a correspondent bank. Payment to a foreign country is subject to the laws of the foreign country involved. Bank assumes no liability for delays, non-delivery or other events resulting from causes beyond Bank’s control. In refunding unexecuted Wire Transfer Payment Orders, Bank shall be liable to Company only to the extent it receives payment from the correspondent bank processing the transfer. From time to time, Bank experiences difficulties in transferring funds to certain countries. Those difficulties include (but are not limited to):
International Wire Transfers. Our processing of international transactions may be delayed if necessary, to complete screening required by federal law. The Credit Union makes no representation as to the availability of funds to a recipient in a foreign country at any particular time or date, or at all. All entries will be credited to or debited from the account you have with us in U.S. dollars. Transfers will be made only in U.S. dollars; we do not perform currency conversion. You understand that the receiving institution may elect to convert a U.S. Dollar wire transfer to a foreign currency at rates specified by the other institution before crediting the beneficiary. You will bear all risk of currency conversion. If the international wire is returned due to errors in the information provided by the Company or any other reason not due to Credit Union error, the Credit Union is not liable for a difference in exchange rate therefore the resulting returned funds credited back to the Company may be less than originally debited.
International Wire Transfers. You understand that all deposits to and withdrawals from your account to effect a wire transfer will be processed in U.S. Dollars or, at your option, converted into the currency of the beneficiary bank. We will convert funds to or from U.S. Dollars at our quoted rates of exchange at the time of conversion. As a result, you will bear all exchange rate risk. The quoted rates of exchange include a spread, which compensates us for the wire transfer service.
International Wire Transfers. In the event you elect to wire funds internationally, you agree to follow the Credit Union’s procedures and requirements for international wire transfers. The Credit Union has the right to rely upon the information which is provided by you for such wire transfer, and it is your responsibility to fully and accurately complete the Outgoing International Wire Transfer Request form and to provide accurate account and routing numbers and swift codes to the Credit Union. Failure to do so may delay or prevent the wire. The Credit Union and other institutions may rely on the information and account numbers that you provide, even if they identify a different party or institution. You acknowledge that some receiving banks and intermediary banks may also charge
International Wire Transfers. The Member acknowledges that international wire transfers may take as much as 30 days to be received by the beneficiary bank or xxxxx- cial institution. Any inaccurate or missing information in the payment order may result in unnecessary delays or non-receipt of funds. Because of this, and because of variations in banking laws in other countries, the Credit Union cannot guarantee safe completion of international wire transfers. All wires will be sent in U.S. Dollars. The Member bears any risk associated with exchange rates.
International Wire Transfers. Wire transfers to a foreign country are exe- cuted through a correspondent bank. Any fee, commission or charges exposed by the correspondent are passed on to You. Payment into a foreign country is subject to the laws of that country. We assume no liability for delays, non-deliv- ery or other events resulting from causes beyond Our control. If for any reason the transfer is returned, You agree to accept the refund in United States Dollars in the amount of the foreign money credit, based on the current buying rate of the bank converting the currency to United States Dollars on the date of the refund, less any charges and expenses incurred by Us and Our commission for making the exchange.
International Wire Transfers. If the Company submits a US dollar-denominated international wire request, the Bank shall charge the designated account for that amount and then convert the request to the currency of the country in which the beneficiary bank is located at the Bank’s buying rate for the foreign currency in effect at that time. If the Company submits an international wire transfer that is not US dollar- denominated, the Bank will forward the request in the foreign funds amount and calculate the conversion of the foreign funds to US dollars at the Bank’s buying rate in effect at that time to charge the designated account. The Bank may choose to send international wire transfer requests through an intermediary or third-party bank and additional time delays and fees may apply. If, for any reason, the wire is returned to the Bank, the Company will accept the refund in US dollars of the amount of the foreign funds credit, based on the Bank’s current buying rate on the date of the refund, less any charges or expenses to the Bank.
