Common use of Verbal Instructions Clause in Contracts

Verbal Instructions. In the course of providing the Card services, I acknowledge that CCB (Asia) may (but is not obliged to) record verbal instructions received from me and/or any verbal communication between me and CCB (Asia) in relation to such services. Verbal instructions shall be given and will only be accepted in accordance with such procedures and in such manner as CCB (Asia) may from time to time specify. I agree that, after reasonable verification of identity, (i) any verbal instructions given by me shall be irrevocable; (ii) CCB (Asia) is entitled to act on such verbal instructions; and (iii) any transaction effected as a result of such verbal instructions shall, in the absence of any wilful default or gross negligence on the part of CCB (Asia) in processing such transaction, be binding on me.

Appears in 1 contract

Sources: Cardmember Agreement

Verbal Instructions. In the course of providing the Card services, I acknowledge that CCB (Asia) may (but is not obliged to) record verbal instructions received from me and/or any verbal communication between me and CCB (Asia) in relation to such services. Verbal instructions shall be given and will only be accepted in accordance with such procedures and in such manner as CCB (Asia) may from time to time specify. I agree that, after reasonable verification of identity, , (i) any verbal instructions given by me shall be irrevocable; ; (ii) CCB (Asia) is entitled to act on such verbal instructions; and (iii) any transaction effected as a result of such verbal instructions shall, in the absence of any wilful default or gross negligence on the part of CCB (Asia) in processing such transaction, be binding on me.

Appears in 1 contract

Sources: Cardmember Agreement