Inconsistency of Name and Number. An RDFI can make payment to a Receiver based solely on the account number, even if the name in the Entry differs from the name on the account. We may send an Entry to an RDFI based solely on the bank-identifying number you provide, even if the number is incorrect and identifies a different RDFI.
Appears in 3 contracts
Sources: Master Agreement, Master Agreement, Master Agreement
Inconsistency of Name and Number. An RDFI can make payment to a Receiver based solely on the account number, even if the name in the Entry differs from the name on the account. We may send an Entry to an RDFI based solely on the bank-bank- identifying number you provide, even if the number is incorrect and identifies a different RDFI.
Appears in 1 contract