NY UCC § 4-A-208 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 4-A - Funds Transfers Part 2 - Issue and Acceptance of Payment Order 4-A-208 - Misdescription of Intermediary Bank or Beneficiary's Bank.

Section 4-A-208. Misdescription  of  Intermediary  Bank or Beneficiary's                    Bank.  (1)  This  subsection  applies  to  a  payment  order  identifying  an intermediary  bank  or  the  beneficiary's  bank  only by an identifying number.       (a) The receiving bank may rely  on  the  number  as  the  proper            identification  of the intermediary or beneficiary's bank and            need not determine whether the number identifies a bank.       (b) The sender is obliged to compensate the  receiving  bank  for            any  loss  and  expenses  incurred by the receiving bank as a            result  of  its  reliance  on  the  number  in  executing  or            attempting to execute the order.  (2)  This  subsection  applies  to  a  payment  order  identifying  an intermediary bank  or  the  beneficiary's  bank  both  by  name  and  an identifying number if the name and number identify different persons.       (a) If  the  sender is a bank, the receiving bank may rely on the            number as the proper identification of  the  intermediary  or            beneficiary's  bank  if  the receiving bank, when it executes            the sender's order, does not know that the  name  and  number            identify  different  persons.  The  receiving  bank  need not            determine whether the name  and  number  refer  to  the  same            person  or whether the number refers to a bank. The sender is            obliged to compensate the receiving bank  for  any  loss  and            expenses  incurred  by  the receiving bank as a result of its            reliance on the number in executing or attempting to  execute            the order.       (b) If  the  sender  is  not a bank and the receiving bank proves            that the sender, before the payment order was  accepted,  had            notice  that  the  receiving bank might rely on the number as            the   proper   identification   of   the   intermediary    or            beneficiary's  bank  even if it identifies a person different            from the bank identified by name, the rights and  obligations            of  the  sender  and  the  receiving  bank  are  governed  by            paragraph (a) of subsection (2), as though the sender were  a            bank. Proof of notice may be made by any admissible evidence.            The receiving bank satisfies the burden of proof if it proves            that  the  sender,  before  the  payment  order was accepted,            signed a writing stating the information to which the  notice            relates.       (c) Regardless  of  whether  the  sender is a bank, the receiving            bank may rely on the name as the proper identification of the            intermediary or beneficiary's bank if the receiving bank,  at            the  time  it executes the sender's order, does not know that            the name and number identify different persons. The receiving            bank need not determine whether the name and number refer  to            the same person.       (d) If the receiving bank knows that the name and number identify            different  persons, reliance on either the name or the number            in executing the sender's payment order is a  breach  of  the            obligation  stated  in  paragraph  (a)  of  subsection (1) of            Section 4-A-302.