Common use of Rejection of Wire Transfers Clause in Contracts

Rejection of Wire Transfers. We will use our reasonable efforts to contact you if any payment order is rejected or if there is a delay or non-credit of an incoming wire transfer. We shall not be liable to you for interest compensation as a result of our failure to give such notice. We have a right to reject any payment order for reasons including, but not limited to, insufficient or uncollected funds in your designated Account, a request that fails the security procedures described in Section 7 below, or our inability to execute the payment order for reasons outside our control.

Rejection of Wire Transfers. We will use our reasonable efforts to contact you if any payment order is rejected or if there is a delay or non-credit of an incoming wire transfer. We shall not be liable to you for interest compensation as a result of our failure to give such notice. We have a right to reject any payment order for reasons including, but not limited to, insufficient or uncollected funds in your designated Account, a request that fails the security procedures described in Section 7 below, or our inability to execute the payment order for reasons outside our control.