Use of Identifying Numbers Sample Clauses
The "Use of Identifying Numbers" clause establishes requirements for assigning and using unique identification numbers to parties, documents, products, or transactions within an agreement. Typically, this clause specifies how these numbers should be generated, referenced, and maintained throughout the contractual relationship, such as assigning a project number to each order or requiring employee identification numbers for access to certain systems. Its core function is to ensure accurate tracking, reduce confusion, and facilitate efficient administration by providing a clear method for distinguishing between similar items or entities.
Use of Identifying Numbers. In the event a payment or payment order identifies a beneficiary, beneficiary’s bank or intermediary bank inconsistently by name and an identifying number (such as an account number, S.W.I.F.T. address or universal identification number), payment may be made by the intermediary or beneficiary bank on the basis of the identifying number, even if the identifying number identifies a person or entity different from the named person or entity in your payment order and your obligation to pay the payment order shall not be excused by your error. We will rely on the identifying number as proper identification of a beneficiary.
Use of Identifying Numbers. You acknowledge that if an Entry identifies a Receiver inconsistently by name and Account number, payment of the Entry might be made by the RDFI on the basis of the Account number, even if the Account number identifies a person different from the named Receiver, and that your obligation to pay the amount of the Entry to us shall not be excused in such circumstances.
Use of Identifying Numbers. In the event an order for a funds transfer or a payment through Online Banking identifies a payee, payee’s bank or intermediary bank inconsistently by name and an identifying number (such as account number, ABA routing number or universal identification number), payment may be made by the intermediary or payee bank on the basis of the identifying number, even if the identifying number identifies a person or entity different from the named payee in your funds transfer or payment order and your obligation to pay the payment order shall not be excused by your error. We will rely on the identifying number as proper identification of a payee. Consumer Accounts. Consumers accessing Consumer Accounts using Online Banking or Mobile Banking. Consumer’s Liability for Unauthorized Transfers. Tell us AT ONCE if you believe your PIN/Password/User ID has been lost or stolen. Telephoning is the best way of keeping your possible losses down. You could lose all the money in your Account to which you have access to Online Banking Services, plus your maximum overdraft limit or the balance in any other account connected to your account for overdraft protection. In case of errors or questions about Online Banking transactions, promptly call us at 1-800- ▇▇▇-▇▇▇▇. Also, if your statement shows transfers that you did not make, including those by card, code or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods. For more information on your rights and obligations concerning unauthorized or erroneous transactions, please refer to Central Bank & Trust’s Electronic Fund Transfer Disclosures and Agreement (EFT Agreement), which is an Account disclosure, provided to you when you opened your Consumer Account. If you need another EFT Agreement, call us at ▇-▇▇▇-▇▇▇-▇▇▇▇. Limitation of Services. By your accessing Online Banking for your Consumer Account, you acknowledge that your online banking services are limited, and subsequent disclosures issued by us, including but not limited to periodic statements and notices, including any change in terms, will be delivered to you by U.S. Mail including, but not limited to, a paper statement. Any Account fees associated wit...
Use of Identifying Numbers. In the event an order for a funds transfer or a payment through Online Banking identifies a Payee, Payee’s bank or intermediary bank inconsistently by name and an identifying number (such as account number, S.W.I.F.T. address, ABA routing number or universal identification number), payment may be made by the intermediary or Payee bank on the basis of the identifying number, even if the identifying number identifies a person or entity different from the named Payee in your funds transfer or payment order and your obligation to pay the payment order shall not be excused by your error. We will rely on the identifying number as proper identification of a Payee. Also, if your statement shows transfers that you did not make, including those by card, code or other means, tell us at once. If you do not tell us within 60 days after the statement was mailed to you, you may not get back any money you lost after the 60 days if we can prove that we could have stopped someone from taking the money if you had told us in time. If a good reason (such as a long trip or a hospital stay) kept you from telling us, we will extend the time periods.