Rejection of Wire Transfer Sample Clauses
The Rejection of Wire Transfer clause defines the circumstances under which a bank or financial institution may refuse to process a wire transfer request. Typically, this clause outlines specific reasons for rejection, such as incomplete information, suspected fraud, or regulatory non-compliance, and may require the institution to notify the sender of the rejection. Its core practical function is to protect both the institution and its clients from unauthorized or improper transfers, ensuring compliance with legal and operational standards.
Rejection of Wire Transfer. Bank has a right to reject Company's Request for an outgoing wire transfer for reasons including, but not limited to, insufficient funds or insufficient collected funds in the account specified in the Request; Bank's inability to execute the wire transfer for the reasons set out herein; or if Bank is unable to verify the authenticity of Company's Request. Bank will notify Company by phone, mail, electronic mail, or by posting any such changes at Bank’s services website, if it rejects the Company's Request.
Rejection of Wire Transfer. We have the right to reject your request for an outgoing wire transfer for reasons including, but not limited to, insufficient funds or insufficient collected funds in the amount specified in the request, our inability to execute the transfer for reasons set out in this Agreement, or if we are unable to verify the authenticity of your request. We are not required to and will not provide you with a separate notice of rejected wire transfers.
Rejection of Wire Transfer. Bank has no responsibility to accept any incoming Wire Transfer for Customer’s benefit. Likewise, Bank has a right to reject Customer’s Request for an outgoing Wire Transfer for reasons including, but not limited to, insufficient funds or insufficient collected funds in the account specified in the Request, Bank’s inability to execute the Wire Transfer for the reasons set out in Paragraph 2(l) below, or if Bank is unable to verify the authenticity of Customer’s Request. Bank will notify Customer if it rejects the Customer’s Request.
Rejection of Wire Transfer. The Credit Union has no responsibility to accept any incoming wire transfer for Member's benefit. Likewise, the Credit Union has a right to reject Member's Request for an outgoing wire transfer for reasons including, but not limited to, insufficient funds or insufficient collected funds in the amount specified in the Request, the Credit Union's inability to execute the transfer for the reasons set out in this Agreement, or if the Credit Union is unable to verify the authenticity of Member's Request. The Credit Union will notify Member by phone or mail if it rejects the Member's Request.
Rejection of Wire Transfer. Bank has no responsibility to accept any incoming wire transfer for your benefit. Likewise, Bank has a right to reject any Request for an outgoing wire transfer for any reason, including, but not limited to, insufficient funds or insufficient collected funds in the account specified in the Request, or if Bank is unable to verify the authenticity of your Request. Bank will notify you by phone or mail if it rejects your Request. If Bank does not execute your Request, Bank is not liable to you for any damages, losses, liabilities, expenses or costs.
Rejection of Wire Transfer. Bank has a right, in its discretion, to reject Customer's wire transfer request for an outgoing wire transfer for reasons including, but not limited to, insufficient funds or insufficient collected funds in the account specified, or incomplete or inaccurate wire instructions, and agrees to indemnify and hold Bank harmless from any and all liabilities, costs, and expenses Customer may incur because of any such rejections. The Bank also reserves the right to refuse to make a wire transfer which the Bank in good faith believes may be improper or for illegal purposes. Bank may notify Customer verbally, electronically or in writing if it rejects the Customer's request.
Rejection of Wire Transfer. Customer agrees that Bank has no obligation to accept a Wire Transfer and therefore may reject any Wire Transfer issued by Customer. Bank has no obligation to notify Customer of the rejection of the Wire Transfer issued by Customer but Bank may so notify at its option. Bank shall have no liability to Customer for rejection of a Wire Transfer and shall not be liable to pay interest to Customer even if the amount of Customer’s Wire Transfer is fully covered by a withdrawable credit balance in a Designated Account of Customer or Bank has otherwise received full payment from Customer.