Common use of Authorized Card or Account Users Clause in Contracts

Authorized Card or Account Users. You are responsible for all authorized transactions initiated and fees incurred by use of the Card or CRB Account. If you permit another person to have access to your Card, Card number(s), CRB Account number(s), multi-factor authentication code or PIN, we will treat this as if you have authorized such use, and you will be liable for all transactions and fees incurred by those persons (each an “Authorized User”). You are wholly responsible for the use of your CRB Account according to the terms and conditions of this Agreement. The Bank and Current will NEVER ask you for your multi-factor authentication or PIN, nor should you ever provide this information to anyone who is not authorized to use your Card or CRB Account. For Teen Accounts, you (Parent) will designate your minor child as an Authorized User for the CRB Account and associated Card. By doing so, you designate the Authorized User to conduct transactions on your behalf. We may require you to submit certain information about each person you request to make an Authorized User. We may refuse your request to add an Authorized User to your CRB Account for any reason, or limit the amount of Authorized Users you may have on your CRB Account. You understand and agree that an Authorized User will have access to certain information about your CRB Account and will be permitted to make transactions using your CRB Account and any associated Card. You are responsible for all activity conducted on the Card or CRB Account by an Authorized User, and all actions, omissions, and transactions Authorized Users make will be treated as if you had made it yourself. In addition, you will be responsible for all transactions and activity conducted on your CRB Account or any associated Card by any person that you or any Authorized User gives access or permission to use your CRB Account or Card, even if they exceed that authority, or you did not want, or agree to that use. You are solely responsible for monitoring an Authorized User’s use of the CRB Account and Card, and ensuring that the Authorized User does not use the Account or Card in violation of this Agreement, applicable law, or any authority you grant to them. We may also limit the ability of an Authorized User to use the CRB Account or a Card. You do not give up any rights to act on the CRB Account, and the Authorized User may not in any manner affect the rights of the owner or beneficiaries, if any, other than by using the Card and making transactions on the CRB Account. We undertake no obligation to monitor transactions to determine that they are on your behalf. Each Authorized User’s authority may be automatically terminated by the death of any owner of the CRB Account. However, we may continue to honor the transactions of the Authorized User until: (a) we have received written notice or have actual knowledge of the termination of authority, and (b) we have a reasonable opportunity to act on that notice or knowledge. If you want to remove an Authorized User from your CRB Account, you must contact us and request their removal. You also must immediately destroy all Cards in their possession, change or destroy any other access credentials they may use to access your CRB Account, and cancel any arrangements, such as automatic or scheduled transactions, they may have set up on your CRB Account. The Authorized User will be able to use your CRB Account until we receive the request to remove the Authorized User from your CRB Account and we have acted on your notice. During this time, you will still be responsible for all transactions the Authorized User makes using your CRB Account. You will be responsible even if these transactions do not appear on or post to your CRB Account until after you remove the Authorized User from the CRB Account. We reserve the right to remove any Authorized User from your CRB Account for any reason. When you or we remove an Authorized User for any reason, we may revoke the Authorized User’s Card, issue you a new Card with a different number, close your CRB Account, and/or require you to change other access credentials.

Authorized Card or Account Users. You are responsible for all authorized transactions initiated and fees incurred by use of the Card or CRB Account. If you permit another person to have access to your Card, Card number(s), CRB Account number(s), multi-factor authentication code or PIN, we will treat this as if you have authorized such use, and you will be liable for all transactions and fees incurred by those persons (each an “Authorized User”). You are wholly responsible for the use of your CRB Account according to the terms and conditions of this Agreement. The Bank and Current will NEVER ask you for your multi-factor authentication or PIN, nor should you ever provide this information to anyone who is not authorized to use your Card or CRB Account. For Teen Accounts, you (Parent) will designate your minor child as an Authorized User for the CRB Account and associated Card. By doing so, you designate the Authorized User to conduct transactions on your behalf. We may require you to submit certain information about each person you request to make an Authorized User. We may refuse your request to add an Authorized User to your CRB Account for any reason, or limit the amount of Authorized Users you may have on your CRB Account. You understand and agree that an Authorized User will have access to certain information about your CRB Account and will be permitted to make transactions using your CRB Account and any associated Card. You are responsible for all activity conducted on the Card or CRB Account by an Authorized User, and all actions, omissions, and transactions Authorized Users make will be treated as if you had made it yourself. In addition, you will be responsible for all transactions and activity conducted on your CRB Account or any associated Card by any person that you or any Authorized User gives access or permission to use your CRB Account or Card, even if they exceed that authority, or you did not want, or agree to that use. You are solely responsible for monitoring an Authorized User’s use of the CRB Account and Card, and ensuring that the Authorized User does not use the Account or Card in violation of this Agreement, applicable law, or any authority you grant to them. We may also limit the ability of an Authorized User to use the CRB Account or a Card. You do not give up any rights to act on the CRB Account, and the Authorized User may not in any manner affect the rights of the owner or beneficiaries, if any, other than by using the Card and making transactions on the CRB Account. We undertake no obligation to monitor transactions to determine that they are on your behalf. Each Authorized User’s authority may be automatically terminated by the death of any owner of the CRB Account. However, we may continue to honor the transactions of the Authorized User until: (a) we have received written notice or have actual knowledge of the termination of authority, and (b) we have a reasonable opportunity to act on that notice or knowledge. If you want to remove an Authorized User from your CRB Account, you must contact us and request their removal. You also must immediately destroy all Cards in their possession, change or destroy any other access credentials they may use to access your CRB Account, and cancel any arrangements, such as automatic or scheduled transactions, they may have set up on your CRB Account. The Authorized User will be able to use your CRB Account until we receive the request to remove the Authorized User from your CRB Account and we have acted on your notice. During this time, you will still be responsible for all transactions the Authorized User makes using your CRB Account. You will be responsible even if these transactions do not appear on or post to your CRB Account until after you remove the Authorized User from the CRB Account. We reserve the right to remove any Authorized User from your CRB Account for any reason. When you or we remove an Authorized User for any reason, we may revoke the Authorized User’s Card, issue you a new Card with a different number, close your CRB Account, issue a new Account with a new account number, and/or require you to change other access credentials.