Wire Transfer Requests. You and your authorized representatives listed on the Enrollment Form desire to originate the wire transfer of funds in accordance with the terms of this Agreement, and the Bank is willing to act as your originating and receiving Bank for that purpose, but only with respect to those payment orders of you which the Bank originates and accepts. Terms used in this Agreement shall have the meanings provided in the Nebraska Uniform Commercial Code.
Wire Transfer Requests. The following provisions cover your rights and responsibilities with regard to wire transfer requests you initiate or receive.
Wire Transfer Requests. Wire transfer requests received after the cutoff time of 2:30 PM on a given business day may be processed the next business day. Submitting a wire transfer in the Online Banking Services link is not a guaranteed transfer of funds, it is a request only. We will act on your wire transfer request provided there are sufficient funds in your account. It is your responsibility to confirm that the beneficiary has received the funds. You may not cancel or change a wire transfer request after you have entered it into the Online Banking Services link and submitted the information to us. You may, however, correct information with respect to a wire transfer request before you transmit the information to us. It is your responsibility to provide correct information on the wire transfer request. The bank assumes no liability for incorrect or incomplete information. There is a fee for each wire transfer. You agree that we may debit this fee from the account from which the funds were withdrawn. The amount of the wire transfer fee is disclosed in the Business Checking Account Fees brochure.
Wire Transfer Requests. Initiating Wire Transfers. Wire transfers shall be from Wire Transfer Accounts, and may be to any other account with the Bank, an affiliate of the Bank, or another bank or financial institution. You agree that, except as otherwise provided for in this Agreement, all Wire Transfer Requests originated through the Wire Transfer Service shall comply with the Wire Transfer Security Procedures, all other terms of this Agreement, and the terms and provisions of Article 4A of the Uniform Commercial Code, as adopted in the state in which the Bank maintains your accounts. Honoring Wire Transfers. We will accept a Wire Transfer Request only if the request is placed in accordance with the terms and requirements stated in this Agreement and the onscreen terms. We have no obligation to honor, either in whole or in part, the Wire Transfer Request (or the cancellation or amendment thereto) that: (i) exceeds the Available Balance in the Wire Transfer Account and any related linked account from which the transfer is requested; (ii) is not in accordance with each term and condition provided for in this Agreement and applicable law; (iii) is not, or we believe may not be, authorized or correct; or (iv) is impracticable or not feasible to accept. In addition, we shall be excused from failure or delay in issuing or accepting a Wire Transfer Request if such issuance or acceptance would result in the Bank’s exceeding any limitation upon its intraday net funds position established pursuant to present or future guidelines or otherwise violating any provision of any present or future bank regulatory statute, rule, regulation or risk control program. If the applicable Wire Transfer Account does not contain sufficient funds for the requested wire transfer, we may, at our option, accept the Wire Transfer Request and debit any such account into overdraft, and we shall not be liable for damages to you as a result thereof; provided, we have no obligation to debit any such account into overdraft. If we create an overdraft to complete a wire transfer, you agree to pay to us the amount of the overdraft upon demand, and, if applicable, interest accruing on the amount of the overdraft from the date of its creation at the maximum rate of interest permitted under applicable law. You hereby authorize us to charge any of your accounts held by us at any time for such amount. Except as otherwise provided in this Section, we agree to use reasonable efforts to execute each Wire Transfer Request on the...
Wire Transfer Requests. Transmittal of Entries by Company.
Wire Transfer Requests. Verification, Processing, Transmittal and Settlement by Bank.
(a) Company may establish a maximum transaction and/or daily dollar limit(s) for each Administrator and User. Transactions exceeding limits will result in a rejection of the Entry.
(b) Following the receipt of a wire transfer request and subsequent verification, Bank reserves the right to further verify or authenticate any request by telephone calls to the alleged originator and/or approver of request, or by any other means that the Bank may deem appropriate. Bank’s failure to verify any such request shall not be evidence of Bank’s failure to exercise reasonable care or good faith. Bank shall be under no obligation to make any wire transfer unless the Company has on deposit with the Bank available, collected funds sufficient to cover such transfer.
(c) The Bank will process all Service initiated Entries received prior to the deadlines established by Bank, as set for in Schedule C, with the same diligence it uses to process its own Entries. The Bank reserves the right to change the deadlines upon notice.
(d) The Bank is authorized by Company to rely on the validity of any Entries received from the Company.
(e) The Bank may take additional verification steps and implement additional procedures as we may deem appropriate to verify the authenticity of any wire transfer request. We may delay the execution of any request pending the completion of additional verification procedures. If we are unable to obtain satisfactory verification, we may refuse to execute any wire transfer request. In no event shall we be liable for any delay in executing a wire transfer request or for failure to execute a wire transfer request due to the absence of satisfactory verification.
Wire Transfer Requests. Inconsistency of Name and Account Number.
Wire Transfer Requests. Payment by Company for Entries.
Wire Transfer Requests. If the requests are not completed by the required timeframe, the Bank cannot guarantee the transactions will be accepted by FedWire, or be received/posted on the “Effective Date.” The Bank may accept these items and they will be forwarded to the processor no later than the Bank’s next regularly scheduled delivery time. For Settlement/Delivery purposes, a business day is defined as legal banking days when both the Bank and the Federal Reserve are open for business. The end-of-day cutoff time is shown below:
Wire Transfer Requests. For each wire transfer that the Customer wishes to send, it must make a request for the transfer that is in a form acceptable to the Bank. The Bank will designate the methods by which the Customer may request wire transfers. Methods that are currently available are listed in Schedule A, which is attached to this Agreement and incorporated by reference. The Bank reserves the right to change, discontinue, or add new methods for requesting wire transfers at any time without advance notice to the Customer. Rules governing cutoff times for wire transfer requests are set forth in the Account Agreement. The Bank is not obligated to accept any wire transfer request it receives from the Customer. The Bank shall not be liable for the rejection of any wire transfer request, and shall not be obligated to pay interest to the Customer for the period before it receives notice of such rejection. See the Account Agreement for provisions governing rejection notices.
