Common use of Transmission of Instructions Clause in Contracts

Transmission of Instructions. Firstrust agrees to use its best efforts to act upon all instructions received via Online Banking with regard to your account(s) and to use any means that Firstrust, in its sole discretion, may consider suitable for the transmission of funds transfer requests, or other Services provided by Firstrust through Online Banking. You assume full and sole responsibility for all authorized requests and instructions made via Online Banking with regard to your account(s). We may, at our sole option (but not obligation), verify instructions by calling you at the telephone number(s) specified by you on the Application. You may change this telephone number(s) by updating it via My Profile in online banking system. You agree that you shall be solely responsible for liability, loss, or damage, if any, resulting from Firstrust's actions, directly or indirectly, in accordance with requests and instructions received by Firstrust via Online Banking when access to your account(s) is gained via Online Banking by use of your Password and you further indemnify and forever hold harmless Firstrust from any and all such liability, loss or damage. You authorize us to honor and act upon all requests and instructions, which we receive via Online Banking with regard to your account(s). You agree to assign no responsibility whatsoever to us beyond the duty to exercise ordinary care, and you agree that we shall be conclusively deemed to have exercised ordinary care when we follow the instructions received via Online Banking and pursuant to the procedures stated therein. You agree to release Firstrust from responsibility or liability for any inaccuracy, interruption, delay or failure in transmission. Our sole responsibility for an error in a transfer or transaction will be to correct the error, but in no case shall we be liable for any indirect, special or consequential, economic or other damages.

Appears in 2 contracts

Sources: Retail Mobile and Online Banking Agreement, Retail Mobile and Online Banking Agreement

Transmission of Instructions. Firstrust Advanced Financial agrees to use its best efforts to act upon all instructions received via Online Banking with regard to your account(s) and to use any means that FirstrustAdvanced Financial, in its sole discretion, may consider suitable for the transmission of funds transfer requests, or other Services provided by Firstrust Advanced Financial through Online Banking. You assume full and sole responsibility for all authorized requests and instructions made via Online Banking with regard to your account(s). We may, at our sole option (but not obligation), verify instructions by calling you at the telephone number(s) specified by you on the Application. You may change this telephone number(s) by updating it via My Profile in online banking systemwriting to us, however, such change shall not be effective until such written notice is received by us and we have had an opportunity to update our records. You agree that you shall be solely responsible for liability, loss, or damage, if any, resulting from Firstrust's Advanced Financial’s actions, directly or indirectly, in accordance with requests and instructions received by Firstrust Advanced Financial via Online Banking when access to your account(s) is gained via Online Banking by use of your Password and you further indemnify and forever hold harmless Firstrust Advanced Financial from any and all such liability, loss or damage. You authorize us to honor and act upon all requests and instructions, which we receive via Online Banking with regard to your account(s). You agree to assign no responsibility whatsoever to us beyond the duty to exercise ordinary care, and you agree that we shall be conclusively deemed to have exercised ordinary care when we follow the instructions received via Online Banking and pursuant to the procedures stated therein. You agree to release Firstrust Advanced Financial from responsibility or liability for any inaccuracy, interruption, delay or failure in transmission. Our sole responsibility for an error in a transfer or transaction will be to correct the error, but in no case shall we be liable for any indirect, special or consequential, economic or other damages.

Appears in 1 contract

Sources: Online Banking Agreement