Common use of Wire Disbursements Clause in Contracts

Wire Disbursements. By sending us a wire disbursement request (whether by telephone, electronically or in writing), you authorize us to initiate such wire transfer disbursement on your behalf and to transmit payment instructions to the applicable bank. You agree that we will not be liable for any loss, liability, cost, or expense for acting upon all such instructions believed to be genuine if we employ reasonable procedures to prevent unauthorized transactions. You agree that this authorization may only be revoked by written notice to us in such time and manner as to afford us a reasonable opportunity to act upon it. When you request a funds transfer, you authorize us to debit your Account for the amount of the transfer and you also authorize us to charge your Account any applicable service fees in accordance with the fee schedule in effect at the time of your request. For a summary of all applicable fees, please see Schedule 1 (Fees). Funds availability for a wire transfer disbursement is set forth in the Funds Availability Policy included herewith. Aspiration may reject any wire transfer disbursement request. It is your responsibility to ensure that your instructions are accurate before requesting that Aspiration initiate a wire transfer disbursement. A wire disbursement request cannot be amended or canceled after Aspiration receives it. Aspiration, in its discretion, may attempt to abide by a subsequent request for a change, but it is not obligated to do so. Should you provide an incorrect Account number and/or beneficiary institution identifier, you understand that any losses resulting from the funds being credited to the wrong Account will be your responsibility.

Appears in 4 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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Wire Disbursements. By sending us Broker a wire disbursement request (whether by telephone, electronically or in writing), you authorize us Broker and its bank service provider to initiate such wire transfer disbursement on your behalf and to transmit payment instructions to the applicable bank. You agree that we will not be liable for any loss, liability, cost, or expense for acting upon all such instructions believed to be genuine if we employ reasonable procedures to prevent unauthorized transactions. You agree that this authorization may only be revoked by written notice to us in such time and manner as to afford us a reasonable opportunity to act upon it. When you request a funds transfer, you authorize us to debit your Account for the amount of the transfer and you also authorize us to charge your Account any applicable service fees in accordance with the fee schedule in effect at the time of your request. For a summary A copy of all applicable fees, please see the current Fee Schedule 1 (Fees)is included in the Supplement to this Agreement. Funds availability for If a wire transfer disbursement request is set forth in received after 1PM Central Time, your request may be treated as if it were received the next business day. See the Funds Availability Policy included herewithsupplement to this Agreement. Aspiration Broker may reject any wire transfer disbursement request. It is your responsibility to ensure that your instructions are accurate before requesting that Aspiration Broker initiate a wire transfer disbursement. A wire disbursement request cannot be amended or canceled after Aspiration Broker receives it. AspirationBroker, in its discretion, may attempt to abide by a subsequent request for a change, but it is not obligated to do so. Should you provide an incorrect Account number and/or beneficiary institution identifier, you understand that any losses resulting from the funds being credited to the wrong Account will be your responsibility.

Appears in 3 contracts

Samples: Customer Account Agreement, Customer Account Agreement, Customer Account Agreement

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Wire Disbursements. By sending us Broker a wire disbursement request (whether by telephone, electronically or in writing), you authorize us Broker and its bank service provider to initiate such wire transfer disbursement on your behalf and to transmit payment instructions to the applicable bank. You agree that we will not be liable for any loss, liability, cost, or expense for acting upon all such instructions believed to be genuine if we employ reasonable procedures to prevent unauthorized transactions. You agree that this authorization may only be revoked by written notice to us in such time and manner as to afford us a reasonable opportunity to act upon it. When you request a funds transfer, you authorize us to debit your Account for the amount of the transfer and you also authorize us to charge your Account any applicable service fees in accordance with the fee schedule in effect at the time of your request. For a summary A copy of all applicable fees, please see the current Fee Schedule 1 (Fees)is included in the Truth-In-Savings Statement Supplement to this Agreement. Funds availability for If a wire transfer disbursement request is set forth in received after 1PM Central Time, your request may be treated as if it were received the next business day. See the Funds Availability Policy included herewithsupplement to this Agreement. Aspiration Broker may reject any wire transfer disbursement request. It is your responsibility to ensure that your instructions are accurate before requesting that Aspiration Broker initiate a wire transfer disbursement. A wire disbursement request cannot be amended or canceled after Aspiration Broker receives it. AspirationBroker, in its discretion, may attempt to abide by a subsequent request for a change, but it is not obligated to do so. Should you provide an incorrect Account number and/or beneficiary institution identifier, you understand that any losses resulting from the funds being credited to the wrong Account will be your responsibility.

Appears in 1 contract

Samples: Customer Account Agreement

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