Common use of INSTRUCTIONS FROM YOU Clause in Contracts

INSTRUCTIONS FROM YOU. (a) We shall be entitled (but not obliged), at our sole discretion, to rely and act on any communication, requests or instructions which we believe in good faith to emanate from you (orally or in writing, in person or over the telephone or by facsimile or other means of telecommunication, genuine or with or without your consent or authority). Any action taken by us pursuant thereto shall bind you and we shall not be liable to you or any loss incurred or damage suffered by you as a result of such action. We shall not be under any duty to verify the identity of any person communicating purportedly as you or on your behalf. (b) For the avoidance of doubt, where conflicting instructions are received from the Customer and any Cardholder, the Bank may in its absolute discretion terminate, suspend or put a hold on the Card or treat the Customer’s instructions as prevailing over the Cardholder’s instructions.

Appears in 5 contracts

Sources: Ocbc Business Debit Card Agreement, Ocbc Business Debit Card Agreement, Business Debit Card Agreement

INSTRUCTIONS FROM YOU. (a) We shall be entitled (but not obliged), at our sole discretion, to rely and act on any communication, requests or instructions which we believe in good faith to emanate from you (orally or in writing, in person or over the telephone or by facsimile or other means of telecommunication, genuine or with or without your consent or authority). Any action taken by us pursuant thereto shall bind you and we shall not be liable to you or any loss incurred or damage suffered by you as a result of such action. We shall not be under any duty to verify the identity of any person communicating purportedly as you or on your behalf. (b) For the avoidance of doubt, where conflicting instructions are received from the Customer and any Cardholder, the Bank bank may in its absolute discretion terminate, suspend or put a hold on the Card or treat the Customer’s instructions as prevailing over the Cardholder’s instructions.

Appears in 1 contract

Sources: Business Card Agreement