Reliance Upon Information Provided. You acknowledge and agree that we are relying upon the information you provide, as well as information provided by the external bank sending transfers to you, when we process transfers to you or on your behalf. • When we receive wire transfers or ACH Transfer requests to deposit funds into an Account, we rely on the Account number and you agree that we do not have a duty to determine whether the Account number provided to us matches the name or other information given to us with the transfer or transfer request. For this reason, we will not be liable to you if we credit a transfer using the Account number provided, even if such a transfer that was intended for your Account is credited to another customer’s Account. • When you provide us with information to initiate an ACH Transfer or wire transfer, you agree that we will not be responsible for accuracy of the information or for any errors or discrepancies in the account names and numbers or the ABA Routing Transit Number and name of the external bank holding your account, and you agree that we have no responsibility to determine accuracy or investigate any of these errors or discrepancies.
Appears in 4 contracts
Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement
