What is the consequence of retaining the default opt-out for bulk payments? If a payment is transferred to an unintended beneficiary, will I be able to obtain a refund? 

It is important that you understand that retaining the opt-out means that:

• You will not receive VoP for any payment included in the bulk payment request; this may lead to the transfer of funds to an unintended payee; and

• Convera will not be held liable for the execution of a payment to an unintended payee and you may not be entitled to receive a refund for the amount transferred.