Reso 2014-2242 - Laserfiche WebLink

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Business Day if that day is also a Business Day for Bank's correspondent facility and the recipient bank. l"uture -dated domestic wire transfers will be initiated on the effective date requested by Customer, not on the date Customer entered the transaction using the Services. 3.3 Bank may handle wire transfers received from Customer in any order convenient to Bank. regardless of the order in which they are received. 4. International Wires. 4.1 International wire transfers (non -U.S. receivers) of foreign currency initiated and approved by Bank's cut -off time for international wire transfers of foreign currency on it Business Day. and an international wire transfer of U.S. currency initiated and approved by Bank's cut -off time fir international wire transfers of U.S. currency on a Business Day will be processed within the industry standard delivery time (in most. but not all cases. two (2) Business Days). Foreign wire transfers may be subject to delays based on time -zone issues: the remote location of the recipient bank-. cultural differences with respect to holidays and times of observation, etc.: and incorrect or incomplete information being supplied by Customer. 4.2 Bank shall send Customer's authorized and authenticated wire transfers to foreign banks through any bank which is a member of Bank's correspondent network. Neither Bank nor any of Bank's correspondents shall be liable for any errors. delays or deftults in the transfer of any messages in connection with such a foreign wire transfer by any means of transmission. If the wire transfer is of currency other than that of the country to which it is being transferred. it shall be payable in the currency of the country of the recipient financial institution. unless the payee arranges otherwise. If the wire transfer is received by Bank prior to any cut -off time established from time to time. the currency exchange shall be made at the rate quoted by Bank at the time of the wire transfer. 4.3 Bank makes no guarantee or representation as to the availability of funds at the foreign destination. Bank makes no express or implied warranty as to the time or date the wire transfer will arrive at the receiving bank. the amount of any fees to be charged by the receiving bank or the time or date the beneficiary will receive credit for funds. 4.4 Customer understands and acknowledges that ifthe named beneficiary does not match the account at the receiving bank, there is it risk the beneficiary may not receive the wired funds. If the transfer is not received or credited in a timely manner. Bank will follow normal and customary procedures to complete the wire transfer. determine the location of the wired funds and /or return the funds to Customer. If Bank is unable to determine that the funds have been credited to the beneficiary's account or have the funds returned, Customer assumes all financial liability or risk of loss for the amount of the wire transfer. 4.5 International xvire transfers arc subject to any and all applicable regulations and restrictions of U.S. and foreign governments relating to foreign exchange transactions. Bank has no obligation to accept any international wire tansfcr(s) directed to or through persons, entities or countries restricted by government regulation or prior Bank experience with particular countries. Subject to the provisions of Section 768.28 of the Florida Statutes. as applicable and as the same may be amended from time to time. and to the extent not otherwise prohibited by law. in connection with any international wire transfer(s) involving a transfer to or from anv country outside of the U.S., Customer agrees to release and hold Bank harmless from any loss or liability which Customer may incur after Bank has executed the international wire transfer(s). including without limitation, any loss due to failure of a foreign bank or intermediary to deliver the funds to a beneficiary. 5. Cancellation and Amendment of a Wire. An Authorized Representative may request that Bank attempt to cancel or amend a wire transfer previously received from Customer. If it cancellation or amendment request is received by Bank before the wire transfer is executed and with sufficient time to afford Bank an opportunity to act upon C'ustomer's request. Bank may. on its own initiative but without obligation, make a good faith effort to act upon such request. In the event Customer's cancellation or amendment request is received after execution of Customers wire transfer request. Bank will attempt to have the wire transfer returned. Notwithstanding the foregoing. Bank shall have no liabilitv for the failure to effect a cancellation or amendment. and Bank makes no representation or warranty regarding Bank's ability to amend or cancel a wire transfer. Customer agrees to indemnity Bank against any loss, liability or expense which Bank incurs as a result of the request to cancel or amend a wire transfer and the actions Bank takes pursuant to such request. 6. Notice of Rejection or Return. Bank shall have no liability for wire transfers sent by Bank as directed by Customer which cannot be completed or which arc returned due to incorrect information furnished by Customer. Customer is required to fully complete beneficiary name. and address. as beneficiary bank may elect to return an otherwise valid wire transfer for incomplete beneficiary information. Bank may reject or impose conditions that must be satisfied before it will accept Customer's instructions for any wire transfer, in its sole discretion. including without limitation Customer's violation of this Appendix. Customer's failure to maintain a sufficient Account balance. or Bank's belief that the wire transfer may not have in fact been authorized. A wire transfer may also be rejected by an intermediary or beneficiary bank other than Bank. or by operation of law. If a wire transfer is rejected by Bank. Bank will notify Customer by telephone. by electronic means, by facsimile or by mail. depending on the method of origination. Upon reicction or return. Bank shall have no further obligation to act upon a wire transfer. nor shall Bank have any liability to Customer due to rejection by another person in the wire transfer process. or the fact that notice was not given or was not given at an earlier time. or within any specified time of receipt. acceptance. execution or payment of any wire transfer. 7. Security Procedure. {71 4S- 5 <- ONO2 -23 ?l 30 ,/ 62 0614