Special Account Instructions definition

Special Account Instructions. You may request that we facilitate certain trust, will, or court-ordered account arrangements. However, because we do not give legal advice, we cannot counsel you as to which account arrangement most appropriately meets the specific requirements of your trust, will, or court order. If you ask us to follow any instruction that we believe might expose us to claims, lawsuits, expenses, liabilities, or damages, whether directly or indirectly, we may refuse to follow your instructions or may require you to indemnify us or post a bond or other protection. Account changes requested by you, or any account owner, such as adding or closing an account or service, must be evidenced by a signed Account Change form and accepted by us.
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Special Account Instructions. You may request that we facilitate certain trust, will or court- ordered account arrangements. However, because we do not give legal advice, we cannot counsel you as to which account arrangement most appropriately meets the specific require- ments of your trust, will or court order. If you ask us to follow any instructions that we believe might expose us to claims lawsuits, expenses, liabilities or damages, whether directly or indirectly, we may refuse to follow your instructions or may require you to indemnify us, post a bond or provide us with other protection. Account changes requested by you, or any account owner, such as adding or closing an account or service, must be evidenced by a signed Account Change Form and accepted by us. Handling of Business Account upon Disability, Death or Dissolution: If the owner of a sole proprietorship Account dies, account proceeds pass to the deceased owner’s estate. If we have actual notice of the disability of the owner of a sole proprietorship account, we will follow the instructions of the person appointed by the court, or a valid power of attorney to handle the property of the disabled sole proprietor. In all other cases, individuals listed as Authorized Taxpayer Identification Numbers and Backup Withholding: Federal law requires us to verify the identity of each person seeking to open an account (including Authorized Signers) and to maintain records of the information used to verify each person’s identity. Accordingly, we may ask for certain business records when you open an account with us. Federal law requires that we obtain, and have certified by you, a correct Taxpayer Identification Number (TIN) on all ac- counts. We will not open an account without a correct TIN. We will not inquire as to the correct- ness of the TIN you provide. Your failure to provide a correct TIN or meet other requirements may result in backup withholding. If your Account is subject to backup withholding, we must withhold and pay to the Internal Revenue Service (IRS) a percentage of dividends, interests and certain other payments. If you fail to provide your TIN, we may suspend opening your Account, or, if applicable, you may request a non-dividend or non-interest bearing account until a TIN is provided. Unlawful Internet Gambling Enforcement Act: Under the Unlawful Internet Gambling Act of 2006 and Regulation GG, this notification is to inform you that restricted transactions are
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Examples of Special Account Instructions in a sentence

  • Special Account Instructions You may request the Credit Union to facilitate certain trust, will, or court-ordered account arrangements.

  • Special Account Instructions: You may request that we facilitate certain business, trust, will, or court-ordered account arrangements.

  • Contact must be within 24 hours Timely denial or acceptance of claims Use of investigation services Subrogation/Recoveries/Apportionment Disability Management Penalties Reserving Strategies Effective Action Plans Effective Return to Work Strategies Communication Litigation Management Adherence to Special Account Instructions Annually audit the Case Management program, provided by the TPA, based on established industry metrics, best practices, and special account instructions.

  • Special Account Instructions: You may request that we facilitate certain business, trust, will, or court- ordered account arrangements.

  • Special Account Instructions – You may request that we facilitate certain trust, will, or court-ordered account arrangements.