Account verification agreement

Version effective October 17, 2024

This Account Verification Agreement (this "Agreement"), by and between Wells Fargo Bank, N.A. and any of its affiliates or direct or indirect subsidiaries, a national banking association organized under the laws of the United States ("Wells Fargo"), and the customer who consents to the terms of this Agreement ("You"). Wells Fargo may be referred to as “we”, “our”, or “us” and you may also be referred to as “your”. The purpose of this Agreement is for you to authorize Wells Fargo to receive information under the Verification Service (as defined below) to help potentially verify your external accounts to facilitate transfers.

The original version of this Agreement is in the English language. Any discrepancy or conflicts between the English version and any other language version will be resolved with reference to and by interpreting the English version.

Please read this Agreement and print a copy for your reference.

Wells Fargo reserves the right to modify this Agreement at any time without notice. Any change to this Agreement will be effective upon posting of such updated Agreement on wellsfargo.com. The most current version of this Agreement will be available to you on our Privacy, Cookies, Security, and Legal page, accessible from the footer of wellsfargo.com. By maintaining linkage to your Linked Accounts (defined below) verified through the Verification Service or by continuing to access or use the Verification Service (defined below) after the date of any change to this Agreement, you agree to be bound by such terms contained in the most recent version of this Agreement. Wells Fargo reserves the right to modify or terminate the Verification Service or to terminate your access to the Verification Service, in whole or in part, at any time.

The Verification Service allows you to potentially verify your external financial institution account data and connect the external account to your eligible Wells Fargo accounts (“Linked Accounts”) to facilitate payments to Wells Fargo accounts and transfers between Linked Accounts (“Verification Service”). The Verification Service is provided by a third party service provider identified to you (“Verification Vendor”).

You represent that you have legal ownership of all Linked Accounts that you designate for the Verification Service. You authorize us to receive account verification data (including, without limitation, account number and routing number, and account owner name, address, e-mail, and phone number) from the external financial institution through the Verification Vendor.

We may revoke the verification of an external account at any time and for any reason and without notice. You agree to take actions necessary to terminate outstanding verifications, enter into new or update existing verifications, or otherwise give effect to the maintenance, addition, or removal of Linked Accounts. You understand and acknowledge that connections to Linked Accounts may be lost and that it is solely your responsibility to update such connections. You understand and acknowledge that the institutions that have custody of your accounts and assets may not be eligible for the Verification Service. We reserve the right to require you to take additional steps to verify any external accounts.

The Verification Service is provided “as is” and “as available” and we do not warrant that the Verification Service will be uninterrupted or error free or that defects will be corrected. To the fullest extent permitted by law or regulation, we make no warranties of any kind for the Verification Service, either express or implied, including implied warranties of merchantability or fitness for a particular purpose. Further, we disclaim responsibility and liability for any action or inaction of the Verification Vendor related to provision of the Verification Service, including, but not limited to, transfer of Linked Account data. For Verification Vendor’s obligations in providing the Verification Service, such actions shall be governed by the Verification Vendor’s terms and conditions and privacy policy.

Wells Fargo and its officers, directors, shareholders, parents, subsidiaries, affiliates, agents, or licensors, are not liable for any: consequential (including loss of data, files, profit, or goodwill or the costs of procurement of substitute goods or service), indirect, incidental, special, or punitive damages. This is true whether these damages occur in an action under contract, or from negligence or any other theory, arising out of, or in connection with, this Agreement, the Verification Service, or the inability to use the Verification Service.

In addition to reasons such as scheduled system maintenance, damages could arise from circumstances beyond our control, even if we advise you of the possibility of such damages. These circumstances could include: power outages, system failures, fires, floods, natural disasters, extreme weather, or cyber-attacks, including Denial of Service (DoS).

Wells Fargo won't be liable for any failure of availability or performance due to scheduled system maintenance or circumstances beyond our control (such as power outage, computer virus, system failure, fire, flood, earthquake, or extreme weather).