Common use of SWIFT (Society for Worldwide Interbank Financial Telecommunication) Transmission Clause in Contracts

SWIFT (Society for Worldwide Interbank Financial Telecommunication) Transmission. The Client may submit FT Instructions through SWIFT. BBH and the Client shall comply with SXXXX’s authentication procedures. The Client is responsible for maintaining the confidentiality of passwords, codes and credentials, and for securing the systems and applications, used in connection with SWIFT authentication. BBH will act on FT Instructions received via SWIFT provided the instruction is authenticated by the SWIFT system until the Client notifies BBH in writing to cease acting on FT Instructions received via SWIFT.

Appears in 2 contracts

Samples: Custodian Agreement (New Age Alpha Funds Trust), Funds Transfer Services Agreement (SEI Alternative Income Fund)

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SWIFT (Society for Worldwide Interbank Financial Telecommunication) Transmission. The Client may submit FT Instructions through SWIFT. BBH and the Client shall comply with SXXXXXXXXX’s authentication procedures. The Client is responsible for maintaining the confidentiality of passwords, codes and credentials, and for securing the systems and applications, used in connection with SWIFT authentication. BBH will act on FT Instructions received via SWIFT provided the instruction is authenticated by the SWIFT system until the Client notifies BBH in writing to cease acting on FT Instructions received via SWIFT.

Appears in 2 contracts

Samples: Funds Transfer Services Agreement (Capitol Series Trust), Funds Transfer Services Agreement (Advisors' Inner Circle Fund)

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SWIFT (Society for Worldwide Interbank Financial Telecommunication) Transmission. The Client may submit FT Instructions through SWIFT. BBH and the Client shall comply with SXXXXSWIFT’s authentication procedures. The Client is responsible for maintaining the confidentiality of passwords, codes and credentials, and for securing the systems and applications, used in connection with SWIFT authentication. BBH will act on FT Instructions received via SWIFT provided the instruction is authenticated by the SWIFT system until the Client notifies BBH in writing to cease acting on FT Instructions received via SWIFT.

Appears in 2 contracts

Samples: Funds Transfer Services Agreement (Capitol Series Trust), Custodian Agreement (Northern Lights Fund Trust IV)

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