Common use of Returned Transfers Clause in Contracts

Returned Transfers. You understand that External Transfers may be returned for various reasons (for example, because the number of the account intended to receive the External Transfer is not valid, or because of insufficient funds in the account from which the External Transfer is to be made). We will use reasonable efforts to research and correct the External Transfer to the intended account or void the External Transfer and credit the account from which the External Transfer was made. If through reasonable efforts we are not able to correct the External Transfer, we will incur no liability.

Appears in 2 contracts

Sources: End User License Agreement (Eula), End User Agreement

Returned Transfers. You understand and agree that External Transfers may be returned for various reasons (for example, because the number of the account intended to receive such as the External Transfer is Account number not being valid, or because . We may attempt to research the cause of insufficient funds in the account from which the a returned External Transfer is to be made). We will use reasonable efforts to research and correct resend the External Transfer to the intended account Account or External Account or void the External Transfer and credit the account your Account or External Account from which the External Transfer was made. If through reasonable efforts we are not able you attempted to correct the External Transfer, we will incur no liabilitytransfer funds.

Appears in 2 contracts

Sources: Digital Banking Agreement, Digital Banking Agreement