Common use of Wire Transfer Liability Provisions Clause in Contracts

Wire Transfer Liability Provisions. THE BANK’S LIABILITY FOR ANY WIRE TRANSFER IS LIMITED TO THE AMOUNT OF ANY PAYMENT ORDER LOSS PLUS, IF APPLICABLE, INCIDENTAL EXPENSES AND INTEREST. IN NO EVENT WILL THE BANK BE LIABLE FOR ANY SPECIAL, CONSEQUENTIAL, OR INDIRECT LOSS OR DAMAGE IN CONNECTION WITH THESE WIRE TRANSFER TERMS, REGARDLESS OF WHETHER WE KNEW OR SHOULD HAVE KNOWN SUCH LOSS OR DAMAGE MIGHT BE INCURRED.