Common use of Use of Account Numbers Clause in Contracts

Use of Account Numbers. You agree that the Bank and any other financial institution or system through which a payment is made by ACH or wire transfer of funds may make the payment solely by reference to the account number of the recipient or beneficiary that you provide to us. Neither the Bank nor any other person or system handling the transaction is required to determine if there is a discrepancy between the name and the account number shown on the funds transfer instructions.

Use of Account Numbers. You agree that the Bank we and any other financial institution or system through which a payment is made by ACH or wire transfer of funds may make the payment solely by reference to the account number of the recipient or beneficiary that you provide to us. Neither the Bank nor any other person or system handling the transaction is required to determine if there is a discrepancy between the name and the account number shown on the funds transfer instructions.