Initial Account Number Validation Clause Samples

The Initial Account Number Validation clause establishes a process for verifying the accuracy and validity of account numbers provided at the outset of an agreement or transaction. Typically, this involves confirming that the account numbers correspond to legitimate, active accounts and may require the parties to perform checks or provide documentation before proceeding with any transfers or payments. By ensuring that account details are correct from the beginning, this clause helps prevent errors, misdirected funds, and potential fraud, thereby safeguarding the interests of all parties involved.
Initial Account Number Validation. Jurisdiction will upload their local account numbers for their Taxpayers to the SUTS System using the SUTS standard upload format (e.g. Excel, CSV) as soon as is reasonable after signing this Agreement. CDOR will use this information to validate account numbers for businesses registering on the SUTS System with actual account numbers for each jurisdiction for accurate account information on SUTS System tax returns.
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Related to Initial Account Number Validation

  • Contract Number 4400010395

  • Project Number The project number has been assigned by the Commission as the unique identifier for your project, and it cannot be changed. The project number should appear on each page of the grant agreement preparation documents to prevent errors during its handling.

  • Account Number This authorization shall remain in effect until revoked or until a subsequent Notice of Account Designation is provided to the Administrative Agent.

  • Account Numbers State Street shall process all payment orders on the basis of the account number contained in the payment order. In the event of a discrepancy between any name indicated on the payment order and the account number, the account number shall take precedence and govern. Financial institutions that receive payment orders initiated by State Street at the instruction of the Client may also process payment orders on the basis of account numbers, regardless of any name included in the payment order. State Street will also rely on any financial institution identification numbers included in any payment order, regardless of any financial institution name included in the payment order.

  • Data Processing Agreement The Data Processing Agreement, including the Approved Data Transfer Mechanisms (as defined in the Data Processing Agreement) that apply to your use of the Services and transfer of Personal Data, is incorporated into this Agreement by this reference. Each party will comply with the terms of the Data Processing Agreement and will train its employees on DP Law.