Ineligible Transfer From Account Types Clause Samples
The 'Ineligible Transfer From Account Types' clause defines which types of accounts are not permitted to initiate transfers under the agreement. In practice, this means that certain accounts—such as retirement accounts, trust accounts, or accounts held in the name of third parties—may be specifically excluded from making transfers to or from the relevant service or platform. By clearly identifying ineligible account types, the clause helps prevent unauthorized or non-compliant transactions, thereby reducing legal and operational risks for all parties involved.
Ineligible Transfer From Account Types. ▪ East West Bank accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank. ▪ Accounts that are not held in an individual or joint ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering. ▪ Business accounts ▪ Individual Retirement Accounts (IRAs) ▪ 401 K Accounts ▪ Certificate of Deposit (CD) accounts or other time-based accounts ▪ Loan accounts ▪ Accounts that have processing restrictions or that have otherwise been temporarily or permanently blocked by us from using the Zelle Service. Regardless, if we make an account available for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transfer from the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages (including, but not limited to, reasonable attorneys’ fees), caused by or arising from your actions. You may have other accounts that are not eligible for the Zelle Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined solely by the records of the Bank, and may change from time-to-time. We are under no obligation to honor a Zelle Service request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Zelle Service.
Ineligible Transfer From Account Types. ▪ East West Bank accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank or our Service Providers. ▪ Accounts that do not have a primary mailing address in the United States as defined in our records. ▪ Accounts that are not held in an individual, joint, or certain sole proprietorship, trust or fiduciary ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering. ▪ Certain business accounts ▪ Individual Retirement Accounts (IRAs) ▪ 401 K Accounts ▪ Certificate of Deposit (CD) accounts or other time-based accounts ▪ Loan accounts ▪ Accounts that have processing restrictions or that have otherwise been temporarily or permanently blocked by us from using the Alipay Transfer Service. Regardless, if we make an account available for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transaction on the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages (including, but not limited to, reasonable attorneys’ fees), caused by or arising from your actions. You may have other accounts that are not eligible for this Alipay Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined by the records of the Bank and our Service Providers, and may change from time-to-time. The Bank and our Service Providers are under no obligation to honor an Alipay Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Alipay Transfer Service.
Ineligible Transfer From Account Types. Velo by East West Bank Accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank. Accounts that are not held in an individual or joint (without restrictions) ownership capacity, for example custodial and/or Trust Accounts. Accounts that have processing restrictions or that have otherwise been temporarily or permanently blocked by us from using the Wire Transfer Service. If in doubt, you should contact us to verify if your account(s) is eligible for the Wire Transfer Service.
Ineligible Transfer From Account Types. East West Bank Accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank. Accounts that do not have a primary mailing address in the United States as defined in our records. Accounts that are not held in an individual or joint (without restrictions) ownership capacity, including for example custodial and/or Trust Accounts. Accounts that have processing restrictions or that have otherwise been temporarily or permanently blocked by us from using the Alipay Transfer Service. If in doubt, you should contact us to verify if your account(s) is eligible for the Alipay Transfer Service.
Ineligible Transfer From Account Types. East West Bank Accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank or our Service Providers. Accounts that do not have a primary mailing address in the United States as defined in our records. Accounts that are not held in an individual, joint, or certain sole proprietorship, trust or fiduciary ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering. Certain business accounts Individual Retirement Accounts (IRAs) 401 K Accounts Certificate of Deposit (CD) accounts or other time-based accounts Loan Accounts Accounts that have processing restrictions or that have otherwise been temporarily or permanently blocked by us from using the Alipay Transfer Service. Regardless of if an account is made available by us for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transaction on the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages (including, but not limited to, reasonable attorneys’ fees), caused by or arising from your actions. You may have other accounts that are not eligible for this Alipay Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined by the records of the Bank and our Service Providers, and may change from time-to- time. The Bank and our Service Providers are under no obligation to honor an Alipay Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Alipay Transfer Service.
Ineligible Transfer From Account Types. East West Bank accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank. Accounts that are not held in an individual, joint, or certain sole proprietorship, trust or fiduciary ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering. Certain business accounts Individual Retirement Accounts (IRAs) 401 K Accounts Certificate of Deposit (CD) accounts or other time-based accounts Loan accounts Accounts that have processing restrictions or that have otherwise been temporarily or permanently blocked by us from using the Wire Transfer Service. Regardless, if we make an account available for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transaction on the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages fees), caused by or arising from your actions. You may have other accounts that are not eligible for this Wire Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined solely by the records of the Bank, and may change from time-to-time. We are under no obligation to honor a Wire Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Wire Transfer Service.
Ineligible Transfer From Account Types. East West Bank accounts that do not meet eligibility requirements as defined by this Agreement or otherwise by the Bank. Accounts that are not held in an individual, joint, or certain sole proprietorship, trust or fiduciary ownership capacity (without restrictions); or that are not otherwise allowed for under a Bank approved exception or as part of an enhanced service offering. Certain business accounts Individual Retirement Accounts (IRAs) 401 K Accounts Certificate of Deposit (CD) accounts or other time-based accounts Loan accounts Accounts that have processing restrictions or that have otherwise been temporarily or permanently blocked by us from using the Wire Transfer Service. Regardless, if we make an account available for service selection, you agree that you are solely responsible for ensuring you have all necessary legal rights, power and authority to initiate the requested transaction on the Eligible account(s), and agree to be liable for any and all third party actions, claims, liability, loss and damages fees), caused by or arising from your actions. You may have other accounts that are not eligible for this Wire Transfer Service due to Bank policies, procedures and/or restrictions specific to your East West Bank account. Eligibility is determined solely by the records of the Bank, and may change from time-to-time. We are under no obligation to honor a Wire Transfer request, even if we have honored the same request in the past. If in doubt, you should contact us to verify if your account(s) is eligible for the Wire Transfer Service.