You authorize us, Vida Federal Credit Union, to transfer funds as shown in this request. Our charges for the funds transfer are disclosed in our fee schedule. Other financial institutions involved in the funds transfer may impose additional charges.
We may fail to act or delay acting on a funds transfer without liability because of legal constraint, your negligence, interruption of communication facilities, equipment failure, war, emergency conditions, or other circumstances beyond our control. We may also fail to send or delay sending a funds transfer without liability if sending the order would violate any guideline, rule, or regulation of any government authority.
WE ARE NOT LIABLE FOR CONSEQUENTIAL, SPECIAL, OR EXEMPLARY DAMAGES OR SIMILAR LOSSES OF ANY KIND.
If you ask us to cancel or amend a funds transfer, we may make a reasonable effort to act on your request, but we are not liable if for any reason this funds transfer is not amended or canceled. You agree to reimburse us for any costs, losses, or damages we incur in connection with your request to amend or cancel.
If we try to cancel this funds transfer, we do not have to refund your money until we determine that the beneficiary has not received the money and the money is returned to us. If we return your money, the refund may not equal the amount of the original funds transfer request.
We have cutoff times for processing funds transfers. Requests received before 1:00 PM (local time) will be same-day transmitted. If you submit after the cutoff time, we may treat the request as received on our next business day.
You must accurately identify beneficiaries of your funds transfer including the complete address. If you give us the name and account number of a beneficiary, we and other financial institutions may process the transfer based on the account number alone, even if the account is held by a person other than the named beneficiary. You are still obligated to pay us the amount of the funds transfer.
Fedwire is the funds transfer system of the U.S. Federal Reserve Banks. We or other institutions involved may use Fedwire to make the funds transfer. If Fedwire carries any part of the funds transfer, your rights and obligations are also governed by Regulation J of the U.S. Federal Reserve Board.
Security procedures for funds transfer requests may involve photo identification, signature verification, and/or a callback procedure by Vida.
You authorize us to debit your account to pay for this funds transfer plus applicable fees. You must send us written notice within 14 calendar days after receiving the first account statement showing any unauthorized or erroneous debit. Failure to notify within this period releases Vida from liability for that transaction.