Wire Transfer Authorization and Agreement
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Terms and Conditions for Funds Transfers
By requesting a funds transfer order with International Medical Group, Inc., its aﬃliates, or its subsidiaries (the “Company”), you agree to the following:
Reliance by Company. Company may rely on the information on the form received by it in making your funds transfer. Any errors in the information, including
misidentiﬁcation of Beneﬁciary(ies), Recipient(s), incorrect or inconsistent account names and numbers, identifying numbers of the intermediary bank or Beneﬁciary
Bank, and misspellings, are your responsibility. If you identify a Beneﬁciary or other entity by name and account or any other number, payment may be made on the
basis of the number and your payment will be ﬁnal even if the number you provided does not correspond to your Beneﬁciary or other entity that you have identiﬁed.
Bank Fees. Your ﬁnancial institution may be authorized to debit your account for any fees, costs, or charges related to your funds transfer order. You may have further
authorized your ﬁnancial institution to charge your account a service fee for each funds transfer order you place in accordance with its fee schedule in eﬀect from
time to time
Transfer of Beneficiary Bank. When you place an order with Company for a funds transfer, you must select a ﬁnancial institution as the Beneﬁciary Bank for the
transfer. For transfers within the United States, the Beneﬁciary Bank must be a member of the Federal Reserve System or a correspondent bank of such a member,
or a Clearing House Interbank Payment System (CHIPS) member. You may request that the funds either be deposited to a particular account at the Beneﬁciary
Bank or that they be held at the Beneﬁciary Bank for your Beneﬁciary. The Beneﬁciary Bank will be responsible for following your instructions and for notifying the
Beneﬁciary that the funds are available. After the funds are transferred to the Beneﬁciary Bank, they become the property of the Beneﬁciary Bank. The Beneﬁciary
Bank is responsible to locate, identify, and make payment to your Beneﬁciary. If your Beneﬁciary cannot be properly identiﬁed, the funds may be returned.
Currency of Transfer. Funds transfers to beneﬁciaries within the United States are made only in U.S. dollars. For funds transfers to beneﬁciaries and Beneﬁciary
Banks in other countries, unless you choose to send U.S. dollars, the transfer will be made in the currency of that country. For such funds transfers, the ﬁnancial
institution will convert your U.S. dollar payment to the local currency at that ﬁnancial institution’s exchange rate in eﬀect at that time. The exchange rate usually
includes a commission to the ﬁnancial institution for exchanging the currency. Because of the laws of some countries in which Beneﬁciary Banks are located, if you
request a transfer in U.S. dollars the Company cannot guarantee that your Beneﬁciary will be able to receive U.S. dollars. If your transfer must be converted to the
local currency, the Beneﬁciary Bank may charge a fee for this exchange. Regardless of the currency transferred, the actual amount that your Beneﬁciary receives may
be reduced by charges imposed by the Beneﬁciary Bank, including those for exchanging currency.
Means of Transfer. Company uses a variety of banking channels and facilities to make funds transfers, but will ordinarily use electronic means. The Company may
choose any conventional means that the Company considers suitable to transfer your funds to your Beneﬁciary. Because the Company does not maintain banking
relations with every bank, the Company sometimes uses one or more intermediary banks to transfer your funds to the Beneﬁciary Bank. After the Company transmits
your order to an intermediary bank, that bank is responsible to complete your order.
Recalls/Amendments. You may recall or amend your funds transfer order only if the Company receives your request prior to our execution of the funds transfer
order and at a time that provides Company a reasonable opportunity to act upon that request. If your funds transfer order has been executed by Company, the order
can be recalled and amended only if the Beneﬁciary Bank consents to such a request. Company will not be liable to you for any loss resulting from the failure of the
Beneﬁciary Bank to recall or amend your funds transfer order. If you decide you want to recall your funds transfer order and your order has already been executed by
Company, you will ﬁrst have to check with the Beneﬁciary Bank to determine whether the Beneﬁciary Bank can return your funds. If the Beneﬁciary Bank conﬁrms
that the funds are returnable and the funds are returned to Company by the Beneﬁciary Bank, Company may then send a check for the funds to you. The amount
that is returned to you may be less than you originally transferred because of service charges of the Beneﬁciary Bank or Company. Your check will be in U.S. dollars.
If your funds transfer was in a foreign currency, your U.S. dollar check will be at the exchange rate on the date of the check.
Rejection of an Order. The Company reserve the right to reject your funds transfer order. The Company may reject your order if you have insuﬃcient information,
the order does not comply with applicable laws, the order is inconsistent with rules and regulations of the ﬁnancial institutions involved, if your order is incomplete
or unclear, or if the Company is unable to fulﬁll your order for any other reason including but not limited to force majeure events.
Delays, Non-Execution of Funds Transfer Order. While the Company will handle your funds transfer order as expeditiously as possible, you agree that Company
will not be responsible for any delay, failure to execute, or misexecution of your order due to circumstances beyond Company’s reasonable anticipation or control–
including without limitations any inaccuracy, interruption, delay in transmission, or failure in the means of transmission, whether caused by strikes, power failures,
equipment malfunctions, or acts or omissions of any intermediary bank or Beneﬁciary Bank. Company MAKES NO WARRANTIES, EXPRESS OR IMPLIED–INCLUDING
THE FAILURE OF ANY INTERMEDIARY BANK OR Beneﬁciary BANK TO CREDIT YOUR Beneﬁciary WITH THE AMOUNT OF THE FUNDS TRANSFER AFTER RECEIPT OF SAME
WITH RESPECT TO ANY MATTER.
Cut-Off Time For Executing Your Funds Transfer Order. If your funds transfer order is received by Company at or after its established cut-oﬀ hour for receipt of
funds transfer orders, the earliest your funds transfer order can be executed is the next banking day following receipt of all required information.
Claims. You agree that within one hundred eighty (180) days after you receive notiﬁcation that your funds transfer order has been executed, you will tell Company
of any errors, delays or other problems related to your order. Company will determine whether an error occurred within 90 days after you contact Company and
any error will be corrected promptly. Company will tell you the results within 3 business days after completing the investigation. If Company decides there was no
error, a written explanation will be sent to you. You may ask to appeal an adverse decision by supplying copies of any documents related to the transaction. If your
funds transfer order is delayed or erroneously executed as a result of Company’s error, Company’s sole obligation to you is to pay via check such amounts as may be
required by applicable law. In no event shall Company be responsible for any consequential or incidental damages or expenses in connection with your order. Any
claim for interest payable by Company shall not be at any published savings account rate in eﬀect within the state of execution of the funds transfer. In any event,
if you fail to notify Company of any claim concerning your funds transfer order within one year from the date that you receive notiﬁcation that your order has been
executed, any claim by you will be barred under applicable law.
Governing Law. The Agreement will be governed by the laws of the state of Indiana which is the location through which you initiated this funds transfer and United
States federal law as applicable.
Indemnity. In consideration of the agreement by Company to act upon funds transfer instructions in the manner provided in this Agreement, you agree to
indemnify and hold Company harmless from and against any and all claims, suits, judgments, executions, liabilities, losses, damages, costs, and expenses–including
reasonable attorney’s fees–in connection with or arising out of Company acting upon those funds transfer instructions pursuant to this Agreement. This indemnity
will be eﬀective to relieve and indemnify Company against its negligence or misconduct.
IMG aﬃliates and subsidiaries currently include the following companies: iTravelInsured, AkesoCare Management, IMG Europe, International Medical Administrators, Inc.,
Global Response Ltd., and The IMG Foundation.