Common use of YOUR RESPONSIBILITY FOR CORRECT INFORMATION Clause in Contracts

YOUR RESPONSIBILITY FOR CORRECT INFORMATION. You acknowledge and agree that if your Zelle Payment Instructions identify an account by name and account number, the relevant financial institution may execute those Zelle Payment Instructions by reference to the account number only, even if such account number does not correspond to the account name. You further acknowledge and agree that financial institutions holding the account may choose to not investigate discrepancies between account names and account numbers and that we have no responsibility to investigate discrepancies between account names and account numbers. You agree that we will not be liable in any way for any payments that you may receive, regardless of whether you authorized the Sender to send them to you. It is the responsibility of the Sender and the Receiver to ensure the accuracy of any information that they enter into the Zelle and Other Payment Services (including but not limited to the Zelle Payment Instructions and name, telephone number and/or email address for the Receiver to whom you are attempting to send a payment), and for informing us as soon as possible if they become aware that this information is inaccurate. We will make a reasonable effort to stop or recover a payment made to the wrong person or entity once informed, but we do not guarantee such stoppage or recovery and will bear no responsibility or liability for damages resulting from incorrect information entered by the Sender or Receiver.

Appears in 3 contracts

Samples: banking.fnb-onlinebankingcenter.com, banking.fnb-onlinebankingcenter.com, dev01.fnb-onlinebankingcenter.com

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YOUR RESPONSIBILITY FOR CORRECT INFORMATION. You acknowledge and agree that if your Zelle Zelle® Payment Instructions identify an account by name and account number, the relevant financial institution may execute those Zelle Zelle® Payment Instructions by reference to the account number only, even if such account number does not correspond to the account name. You further acknowledge and agree that financial institutions holding the account may choose to not investigate discrepancies between account names and account numbers and that we have no responsibility to investigate discrepancies between account names and account numbers. You agree that we will not be liable in any way for any payments that you may receive, regardless of whether you authorized the Sender to send them to you. It is the responsibility of the Sender and the Receiver to ensure the accuracy of any information that they enter into the Zelle Zelle® and Other Payment Services (including but not limited to the Zelle Zelle® Payment Instructions and name, telephone number and/or email address for the Receiver to whom you are attempting to send a payment), and for informing us as soon as possible if they become aware that this information is inaccurate. We will make a reasonable effort to stop or recover a payment made to the wrong person or entity once informed, but we do not guarantee such stoppage or recovery and will bear no responsibility or liability for damages resulting from incorrect information entered by the Sender or Receiver.

Appears in 1 contract

Samples: banking.fnb-onlinebankingcenter.com

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