Common use of Recording and Records Clause in Contracts

Recording and Records. You authorize us, at our discretion, to record electronically all telephone calls or other data transmissions (including without limitation e-mails) between us and any person acting on your behalf, and to keep those recordings as long as we consider necessary. You assume the duty of obtaining the required consents from your authorized users for these recordings. If our records about a particular request, online request, entry, or other request to transfer funds made by you are different than your records, our records will govern. Our records include all written records and any tape recordings maintained by us about transactions involving your accounts. We assume no responsibility for the accuracy or timeliness of information provided by, or retrieved from, other institutions or other parties to your transactions. You agree to provide us with prior written notice of any changes in your designated accounts with payees and other institutions that would affect our right or ability to process transfer or payments using the Services. If a transfer or payment instruction identifies a payee or financial institution by name or account or other identifying number, we and other financial institutions may process the transaction solely on the basis of the number, even if it identifies a person or entity that is different from the person or entity that is indicated on the instruction. We have no obligation to identify discrepancies between names and numbers. We may disclose information to third parties about you or your transactions in the following instances: (i) when it is necessary for completing transfers or bill payments, or to investigate or resolve a problem related to a transfer or payment; (ii) to verify the existence and condition of your account for a third party, such as a credit bureau or merchant; (iii) to comply with a government agency or court order, or in connection with fraud protection or an investigation; (iv) if you give us permission; or (v) with our affiliates as permitted under Federal or applicable state laws. For more information about how we may share your information, please see our website privacy policy or financial privacy policy.