Common use of Additional Provisions Applicable Only to Business Customers Clause in Contracts

Additional Provisions Applicable Only to Business Customers. (A) Commercially Reasonable Security Procedures of the Service When you accept this agreement and use the Service, you acknowledge and agree that the Service includes security measures which are commercially reasonable. You agree to be bound by our security procedures and instructions, which may be periodically updated. You agree to review and implement all security procedures available in connection with the Service, including procedures to protect the confidentiality of your username and password and the same for your authorized users. You agree to notify the Bank in the event that your use of the Service would necessitate or be better served by a level of security that exceeds that offered by the Service. If you fail to notify the Bank, you acknowledge and agree that the security aspects of the Service are appropriate for your needs and will provide you with a commercially reasonable degree of security against unauthorized use. (B) Errors and Questions In case of errors or questions about your transactions, you should as soon as possible notify us through one of the following methods: Telephone us at (▇▇▇) ▇▇▇-▇▇▇▇ during customer service hours; Write us at: ▇▇▇ ▇▇▇▇ ▇▇. ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (C) Your Liability for Unauthorized Transfers You must notify us of errors, discrepancies, or possible unauthorized payments as soon as possible upon learning of the discrepancy. If you fail to notify us within thirty (30) days after you have received notice of an unauthorized or erroneous transfer or Bill Payment, the Bank will not owe you any interest on the amount in question, even if we are otherwise liable to you in connection with the transaction. The Bank and its Service providers shall have no liability to you for any unauthorized payment or transfer made using your Password that occurs before you have notified us of any possible unauthorized use and we have had a reasonable opportunity to act upon that notice.

Appears in 2 contracts

Sources: Internet Banking and Bill Payment Agreement, Internet Banking and Bill Payment Agreement