Liability for Failure to Make Transfers Clause Samples
The "Liability for Failure to Make Transfers" clause defines the responsibilities and potential consequences if a party does not complete a required transfer, such as funds, assets, or property, as stipulated in the agreement. Typically, this clause outlines the circumstances under which a party may be held liable for losses or damages resulting from such a failure, and may specify exceptions, such as delays caused by force majeure events or third-party actions beyond the party's control. Its core function is to allocate risk and clarify accountability, ensuring that parties understand the repercussions of not fulfilling their transfer obligations and providing a basis for resolving disputes related to missed or incomplete transfers.
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Liability for Failure to Make Transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:
Liability for Failure to Make Transfers. If we do not complete a transaction to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages caused by such failure. However, there are some exceptions. We will NOT be liable, for instance: • If, through no fault of ours, you do not have enough money in your account to make the transaction. • If the transaction would go over the credit limit on your overdraft line of credit. • If the ATM where you are making the transaction does not have enough cash. • If the terminal or the ATM system was not working properly and you knew about the breakdown when you started the transaction. • If circumstances beyond our control (such as fire or flood) prevent the transaction, despite reasonable precautions that we have taken. • If there is a hold on your account or if access to your account is blocked in accordance with our policies. • If your funds are subject to legal process or encumbrances restricting transfer. • If your transfer authorization is terminated. • If a merchant refuses to accept your card. • If we refuse to cash any checks presented for payment through an ATM transaction. There may be other exceptions stated in our agreement with you or permitted by law. In case of errors or questions about your electronic transfers, call your local branch or write: Fidelity Bank Central Customer Inquiry P.O. Box 996 Fuquay-Varina, NC ▇▇▇▇▇-▇▇▇▇ Contact us as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. Alternatively, you may call or visit your local branch office. We must hear from you no later than 60 days after we sent the FIRST statement on which the problem or error appeared. When you notify us: security number, telephone number, account number, type of account, specific item of dispute, and the reason you believe the information we reported is inaccurate. Send your notice to: • Tell us your name and account number. • Describe the error or the transfer you are unsure about (including the date that it occurred), and explain as clearly as you can why you believe it is an error or why you need more information. • Tell us the dollar amount of the suspected error. If you tell us orally, we may require that you send us your complaint or question in writing within 10 business days. We will determine whether an error occurred within 10 business days after we hear from you (20 business days ...
Liability for Failure to Make Transfers. If we do not complete a transfer to or from Your Gateway Campus Cash account within a reasonable period of time or in the correct amount according to our agreement with you, we will be liable, to the extent permitted by state law, for your losses or damages. However, there are some exceptions. We will not be liable, for instances including, but not limited to, the following:
a. If, through no fault of ours, You do not have enough money in his or her account to make the transfer.
b. If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken.
c. If, through no fault of ours, there is a delay in transferring data between computer systems.
d. If the terminal or system was not working properly and you knew about the breakdown when you started the transfer.
e. If an accepting location refuses to honor the GatewayOneCard
Liability for Failure to Make Transfers. If we do not complete a transfer to or from Your TABORBUCKS account within a reasonable period of time or in the correct amount according to our agreement with you, we will be liable, to the extent permitted by state law, for your losses or damages. However, there are some exceptions. We will not be liable, for instances including, but not limited to, the following:
a. If, through no fault of ours, You do not have enough money in Your account to make the transfer.
b. If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken.
c. If, through no fault of ours, there is a delay in transferring data between computer systems.
d. If the terminal or system was not working properly and you knew about the breakdown when you started the transfer.
e. If an accepting location refuses to honor the TABORBUCKS Card We will disclose information to third parties about Your TABORBUCKS account or the transactions You make only:
a. where it is necessary for completing transactions
b. in order to comply with government agency or court orders
c. if You give us Your written permission
d. to carefully selected service providers who perform data processing , records management, collections, and other services for us, in order that they may perform those services.
e. in order to prevent or investigate possible illegal activity
f. in order to issue payment authorizations for transaction on the TABORBUCKS account; or
g. where otherwise provided by law or Our privacy policy.
Liability for Failure to Make Transfers. If we do not complete a transfer to or from Your CashLynx account within a reasonable period of time or in the correct amount according to our agreement with you, we will be liable, to the extent permitted by state law, for your losses or damages. However, there are some exceptions. We will not be liable, for instance:
a. If, through no fault of ours, You do not have enough money in Your account to make the transfer.
b. If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken.
c. If, through no fault of ours, there is a delay in transferring data between computer systems.
d. If the terminal or system was not working properly and you knew about the breakdown when you started the transfer.
e. If an accepting location refuses to honor the ▇▇▇▇▇▇ Card
Liability for Failure to Make Transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance: • If, through no fault of ours, you do not have enough money in your account to make the transfer. • If the transfer would go over the credit limit on your overdraft line. • If the ATM where you are making the transfer does not have enough cash. • If the ATM, terminal or system was not working properly and you knew about the breakdown when you started the transfer. • If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken. • If the funds are subject to legal process or other encumbrance restricting the transfer. • If the account becomes dormant, in which case we may terminate electronic funds transfer access to that account. • If your card or PIN has been terminated or deactivated by us due to inactivity or at our discretion. • There may be other exceptions stated in our agreement with you.
Liability for Failure to Make Transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will NOT be liable if:
Liability for Failure to Make Transfers. If we do not complete a transfer to or from your account(s) on time or in the correct amount according to our Agreement with you, we will be liable for your actual losses or damages. There are some exceptions to our liability, such as: • If, through no fault of ours, you do not have enough money in your account to make the transfer; • If the transfer would exceed the credit limit available for your overdraft line; • If the automated teller machine where you are making the transfer does not have enough cash; • If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken; • Other exceptions stated in our Agreement with you.
Liability for Failure to Make Transfers. If we do not complete a transfer to or from Your ▇▇▇▇▇ Bucks account within a reasonable period of time or in the correct amount according to our agreement with you, we will be liable, to the extent permitted by state law, for your losses or damages. However, there are some exceptions. We will not be liable, for instances including, but not limited to, the following:
a. If, through no fault of ours, You do not have enough money in Your account to make the transfer.
b. If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions that we have taken.
c. If, through no fault of ours, there is a delay in transferring data between computer systems.
d. If the terminal or system was not working properly and you knew about the breakdown when you started the transfer.
e. If an accepting location refuses to honor the Osprey 1Card
Liability for Failure to Make Transfers. If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we will be liable for your losses or damages. However, there are some exceptions We will NOT be liable, for instance: • If, through no fault of ours, you do not have enough money in your account to make the transfers. • If the transfer would go over the credit limit on your overdraft line. • If the automated teller machine where you are making the transfer does not have enough cash. • If the terminal or system was not working properly and you knew about the breakdown before you started the transfers. • If circumstances beyond our control (such as fire or flood) prevent the transfer, despite reasonable precautions we have taken. • There may be other exceptions stated in our agreement with you. • If transfer would exceed the credit limit on your equity line of credit. • If the transfer exceeds the six-per month limit on electronic transfers from your Savings account. Stop Payment Procedures • Call or write us at the telephone number or address listed in this disclosure in time for us to receive your request three business days or more before the payment is scheduled to be made. If you call, we may also require you to put your request in writing and get it to us within 14 days after you call.