Eleventh Circuit Protects Beneficiary’s Bank From Liability For Accepting Wire In Spite Of Discrepancy Between Beneficiary’s Name And Deposit Account Number

LexisNexis (March 10, 2020, 9:29 AM EDT) -- If a wire transfer identifies the beneficiary by account number, but the number conflicts with the beneficiary’s name as reflected on the deposit account, the beneficiary’s bank is protected if it...
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