Unauthorized Transaction Clause Samples

The Unauthorized Transaction clause defines the procedures and responsibilities related to transactions made without proper authorization. Typically, it outlines how parties should report any suspected unauthorized activity, the timeframe for notification, and the process for investigating and resolving such incidents. This clause serves to protect parties from liability for fraudulent or mistaken transactions and ensures a clear process for addressing and rectifying unauthorized actions.
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Unauthorized Transaction. An “Unauthorized Transaction” occurs when funds are sent from your Card that you did not authorize and did not benefit you. If you give someone the Card and give them permission to use it, you will be responsible for all transactions conducted by them on with the Card even if they conducted more transactions than you authorized, unless you notified us that transactions by that person are no longer authorized.
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Unauthorized Transaction. If you suspect that an incorrect or unauthorised payment has been made using our payment initiation services you must contact us as soon as possible by ▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇.
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Unauthorized Transaction. Where redemption of your Cryptocurrencies is initiated from your FUMBI Profile using your credentials, we will assume that you authorized such transaction, unless you notify us through your FUMBI Profile otherwise. If you believe you did not authorize a particular redemption (“Unauthorized Transaction”), you must notify us as soon as possible and in any case no later than six (6) hours after the relevant Redemption Request was sent from your FUMBI Profile. It is important that you regularly check your FUMBI Profile to ensure any Unauthorized Transactions are identified and notified to us at the earliest possible opportunity. We are not responsible for any claim for Unauthorized Transaction unless you have notified us thereof in accordance with this Section.
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Unauthorized Transaction. An “Unauthorized Transaction” occurs when your Loan Card or Card Account has been used without your authorization and such use did not benefit you. You agree to immediately notify us by calling Synapse at +1 (415) 993- 4301 or emailing Synapse at ▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇, if you believe your Loan Card or Card Account has been used without your permission. You will not be liable for unauthorized use of your Loan Card that occurs after you notify us and, in any case, your liability for unauthorized use will notexceed $50.00 (unless MasterCard Zero Liability protection applies). If you give someone your Loan Card and give them permission to use it, you will be responsible for all transactions conducted by them with the Loan Card even if they conducted more transactions than you authorized, unless you notified us that transactions by that person are no longer authorized.
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Related to Unauthorized Transaction

  • Unauthorized Transactions You are not responsible for unauthorized Transactions. A Transaction is considered an “unauthorized Transaction” if we complete an investigation and determine that: • The Account was used by someone other than you; • You did not receive any benefit from the Transaction; • You co-operated fully with us in our investigation; and • You followed your responsibilities under this Agreement, including in these sections: i. “Unauthorized Transactions”; ii. “Using the Account”;

  • UNAUTHORIZED TRANSFERS To report a lost or stolen Card, PIN, Access Code or any combination thereof, You will call Us at the telephone number shown in this Agreement. You may also report the loss of a Card, PIN, Access Code or any combination thereof, by writing to Us at the address shown in this Agreement. You should also call the number or write to the address listed above if You believe a transfer has been made using the information from Your check without Your permission.

  • Liability for Unauthorized Transactions Protection from Unauthorized Transactions What is an Unauthorized Transaction What is not considered an Unauthorized Transaction Reporting an Unauthorized Transaction Error Resolution What is an Error

  • Your Liability for Unauthorized Transfers Immediately following your discovery of an unauthorized Payment Instruction, you shall communicate with customer care for the Service in the manner set forth in Section 6 of the General Terms above. You acknowledge and agree that time is of the essence in such situations. If you tell us within two (2) Business Days after you discover your password or other means to access your account through which you access the Service has been lost or stolen, your liability is no more than $50.00 should someone access your account without your permission. If you do not tell us within two (2) Business Days after you learn of such loss or theft, and we can prove that we could have prevented the unauthorized use of your password or other means to access your account if you had told us, you could be liable for as much as $500.00. If your monthly financial institution statement contains payments that you did not authorize, you must tell us at once. If you do not tell us within sixty (60) days after the statement was sent to you, you may lose any amount transferred without your authorization after the sixty (60) days if we can prove that we could have stopped someone from taking the money had you told us in time. If a good reason (such as a long trip or a hospital stay) prevented you from telling us, we will extend the time periods specified above to a reasonable period.

  • Contact in Event of Unauthorized Transfer If you believe your Card or PIN has been lost or stolen or that someone has transferred or may transfer money from your Account without your permission, please contact us via calling or writing using the contact number(s) or addresses listed at the end of this Agreement and Disclosure.