Unauthorised Use of the Account Clause Samples

Unauthorised Use of the Account. 8.1 The Account Holder undertakes to take all reasonable precautions to prevent unauthorised use of the account. These include (without limiting the generality of the foregoing): 8.1.1 memorising the verification mechanisms and destroying any physical record of these mechanisms (which includes deleting any Investec Business Online Password or Transactional PIN sent by e- communication) and/or keeping such physical record in a safe location away from any device or terminal; 8.1.2 not allowing any other person to use any device or terminal on which any verification mechanism is received or stored, or to use the account number or to by-pass or tamper with any of the verification mechanisms, whether electronically or otherwise; 8.1.3 making use of and/or implementing or procuring implementation of any verification mechanism for each transaction and in particular checking and responding immediately to any e-communication sent by Investec concerning any transaction; 8.1.4 not using the Account number in an unsecured environment or at a public device or terminal or at a device or terminal which is accessible by the public generally; 8.1.5 not opening or responding to any unsolicited e-communication or e-communication relating to the account where the originator is not known to the Account Holder and not accessing or using links to websites, web pages or other internet based content or services not owned, administered or offered by Investec; 8.1.6 not divulging any information to any third party which is personal, confidential or proprietary to the Account Holder, except as required under any applicable law; 8.1.7 immediately reporting the misappropriation of the any device or terminal used by the Account Holder for transactions, to Investec and notifying Investec immediately should any device or terminal cease to operate for no apparent reason or in circumstances which may be suspicious; 8.2 Investec shall not be liable in any way if the Account Holder does not take reasonable precautions to prevent unauthorised use of the account. Specifically but without limitation, Investec shall not be liable in any way if the Account Holder uses any verification mechanism in a public place or in any other unsecured environment in such a manner that the confidentiality and secrecy of the verification mechanisms is compromised. Similarly, Investec will not be liable in any way if the Account Holder does not make use of or does not implement or does not respond to any verificat...