Common use of Business and Other Non-Personal Accounts Clause in Contracts

Business and Other Non-Personal Accounts. The provisions in this Electronic Funds Transfers section dealing with “Our Liability for Failing to Make Transfers”, “Your Liability”, “In Case of Errors or Questions About Your Electronic Funds Transfers” DO NOT apply to business or other non-personal accounts. The owners of non-personal accounts must notify us immediately if they discover any unauthorized transactions or error and must send us a written notice of the problem within a reasonable time (not to exceed 14 days from the date of discovery or their receipt of the first statement or notice reflecting the problem, whichever occurs first). Under no circumstances will we be liable for any special or consequential damages involving such accounts. We may process transactions that are initiated by means of a PIN for non-personal accounts, even if the transactions are not initiated or authorized by the owners unless we are notified in advance that the PIN has been lost or stolen. The owners of non-personal accounts assume sole responsibility for any authorized use of the account’s PIN and shall indemnify, defend and hold the Bank harmless from all claims, actions, proceedings, losses and damages related to or arising out of any unauthorized transactions.

Business and Other Non-Personal Accounts. The provisions in this Electronic Funds Transfers section dealing with “Our Liability for Failing to Make Transfers”, “Your Liability”, “In Case of Errors or Questions About Your Electronic Funds Transfers” DO NOT apply to business or other non-personal accounts. The owners of non-personal accounts must notify us immediately if they discover any unauthorized transactions or error error, and must send us a written notice of the problem within a reasonable time (not to exceed 14 days from the date of discovery or their receipt of the first statement or notice reflecting the problem, whichever occurs first). Under no circumstances will we be liable for any special or consequential damages involving such accounts. We may process transactions that are initiated by means of a PIN for non-personal accounts, even if the transactions are not initiated or authorized by the owners unless we are notified in advance that the PIN has been lost or stolen. The owners of non-personal accounts assume sole responsibility for any authorized use of the account’s PIN and shall indemnify, defend and hold the Bank harmless from all claims, actions, proceedings, losses and damages related to or arising out of any unauthorized transactions.

Business and Other Non-Personal Accounts. ‌ The provisions in this Electronic Funds Transfers section dealing with “Our Liability for Failing to Make Transfers”, “Your Liability”, “In Case of Errors or Questions About Your Electronic Funds Transfers” DO NOT apply to business or other non-personal accounts. The owners of non-personal accounts must notify us immediately if they discover any unauthorized transactions or error error, and must send us a written notice of the problem within a reasonable time (not to exceed 14 days from the date of discovery or their receipt of the first statement or notice reflecting the problem, whichever occurs first). Under no circumstances will we be liable for any special or consequential damages involving such accounts. We may process transactions that are initiated by means of a PIN for non-personal accounts, even if the transactions are not initiated or authorized by the owners owners, unless we are notified in advance that the PIN has been lost or stolen. The owners of non-non- personal accounts assume sole responsibility for any authorized use of the account’s PIN PIN, and shall indemnify, defend and hold the Bank harmless from all claims, actions, proceedings, losses and damages related to or arising out of any unauthorized transactions.