Common use of ONLINE TRANSACTIONS Clause in Contracts

ONLINE TRANSACTIONS. 7.1 By using the Website to conduct transactions, you accept the following provisions of this Clause 7: 7.2 Before being granted access, you will be asked to set up your security details. Security details will include: a username, password, any item of memorable information which we ask you to confirm and any other security requirements we may notify to you from time to time. We reserve the right to change the security details without prior notice to you. 7.3 We may change the minimum specification required to access our services and also may make operational changes to and alter the services currently available at any time. We will always notify you of such changes by placing a message on the Website, or by emailing you. 7.4 You are responsible for obtaining, maintaining and ensuring compatibility with your equipment. We will not be responsible for any loss of or damage to your data, software, computer, telecommunications or other equipment caused by your use of any of our services, unless such loss or damage is directly and solely caused by our negligence or deliberate default. 7.5 You must not misuse any of our services by knowingly introducing viruses, trojans, worms, logic bombs or other material which is malicious or technologically harmful. You must not attempt to gain unauthorised access to any of our services or any server, computer or database connected to any of or services. You must not attack any of our services via a denial-of-service attack or a distributed denial-of service attack. We may report any breach to the relevant Authorities and we will co-operate with those Authorities by disclosing your identity to them. 7.6 For security purposes, when accessing any of our services it is a condition that we are satisfied of your identity. Accordingly we may be entitled not to act on your Instructions received or given through our service if we are in doubt as to your identity. You must take all reasonable precautions to keep safe and prevent fraudulent use of the services account you have enabled and any associated security details. 7.7 You must inform us immediately if you suspect or discover that someone else knows your security details or you believe that your security details may have been misused. 7.8 Whenever you use our services the use of your security details authorises us to act on any Instruction we receive. We will treat your use of your security details as your consent to conduct any Instructions you give using our services. 7.9 We can delay, decline or reverse any Instruction if we reasonably suspect that the transaction might be unlawful or might be associated with Financial Crime or if we reasonably believe that by carrying out the transaction we might breach our Compliance Obligations or if you are in breach of this Agreement. Under such circumstances we will not be liable to you if we delay or refuse to carry out your Instruction. 7.10 It is important that you take care when issuing any Instructions to us. You will be liable for all Instructions made when using any of our services including instances of any misuse, fraud or abuse by you or where you have disclosed security details to a third party. 7.11 If you dispute that you have carried out a transaction using any of our services we will investigate and shall expect you to co-operate with us and relevant Authorities in any investigations. 7.12 We can withdraw or suspend your security details with immediate effect if we believe that this is necessary to prevent suspected unauthorised or fraudulent use of any of our services or where there is a significantly increased risk that you will not be able to repay any money you owe us.