Bank of India.
FAX/MAIL BACK THIS PAGE AFTER SIGNING
WITH THE REMITTANCE FORM
Issue: of Wire Transfer
I wish to send a wire transfer through State Bank Of India, Chicago to ……………….. (name of the center)
I understand that
for sending funds to centers such as above where past experience has shown the
possibility of delays/other problems associated with the wire transfer on
account of reasons over which the Bank has no control, the Bank suggests, without
any obligations, that the customers may consider taking a draft drawn on one of
the Bank's branches at the center and carry/mail/courier the draft to the
desired beneficiary. However all these options not withstanding, it is my
explicit wish that the funds may still be sent by the Bank by a wire transfer only and I am willing to bear the full responsibility for
any uncertainties, risks and delays that such a transfer could involve.
It is agreed by me that State Bank of India,
Chicago assumes no liability or responsibility for the consequences arising
out of delay and/or loss in transit of my wire transfer, mutilation or other
error (s) arising in the transmission of any telecommunication including the
errors in translation and or/interpretation of my remittances or for delay/non
credit of funds at the paying end. It is also agreed by me that the Bank can
utilize the services of another Branch/Bank for the purpose of giving effect to
my wire instructions at my account and risk.
I also agree that any charges for subsequent investigations/follow up actions required by the Bank in the event of delay/ other problems related to the remittance will be on my account and would be in addition to the charges recovered by the Bank while making the initial remittance and such charges will have to be paid by me in advance before such investigation/ follow up action is undertaken by the Bank.