Common use of REMOTE INSTRUCTIONS Clause in Contracts

REMOTE INSTRUCTIONS. The member or the Signing Officer may provide Remote Instructions to any branch of Alterna as permitted by Alterna, online through the Services web portal, or through Alterna's telephone banking service, if any. The Remote Instructions may concern the Account maintained at that branch, or may concern other Transactions and arrangements conducted at or with that branch. Alterna may, but will not be obliged to, act on Remote Instructions received in the name of the member along with any requisite PAC and/or PIW, if any, to the same extent as if the Remote Instructions were written instructions delivered to Alterna by mail and signed by the Signing Officer authorized to operate the Account. Any such Remote Instructions are deemed genuine. Alterna may, in its sole discretion, acting reasonably, delay acting on or refuse to act on any Remote Instruction. A Remote Instruction is deemed received by Alterna only when actually received and brought to the attention of an authorized officer of Alterna capable of acting upon and implementing the Remote Instruction. Remote Instructions can be transmitted to Alterna at the telephone or fax number or email address provided by Alterna, or at such other telephone or fax number or email address as Alterna may advise the member by notice in writing, or online through the Services web portal. Any one (1) Signing Officer may act alone and provide Remote Instructions to Alterna, even if two (2) or more signatures are otherwise required to operate the Account. Alterna, acting reasonably, is entitled to assume that any person identifying himself or herself as a Signing Officer is in fact a Signing Officer, and can rely upon such, and Alterna may act on the Remote Instructions provided by any such person. All Remote Instructions given to Alterna in the name of the member will bind the member.