Chequing Services. The Customer may draw cheques and other payment items only on those Accounts to which such privileges apply. The Customer mus t use cheques and other payment items that are encoded in a manner satisfactory to the Bank and are drawn on the Account for which the cheque is encoded, and shall conform to the rules and standards set from time to time by the Canadian Payments Association (t he "CPA"). The Bank shall not be responsible or liable for any loss or damage arising from the wrongful acceptance of a cheque or refusal by the Bank to honour any cheque or other order for payment by the Customer on an Account other than the Account for which th e cheque is encoded, or at a branch where no Account is maintained by the Customer. Unless the Customer otherwise instructs the Bank, where there are sufficient funds in the Account the Bank shall honour all withdrawal slips, orders and cheques drawn on the A ccount where the Instrument (as defined below) bears a signature conforming to the specimen signature provided by the Customer, subject to applicable hold periods disclosed to the Customer from time to time. All stop payment orders on any cheque issued by the Cust omer must be in writing and signed by the Customer. The Bank may transit cheques, bills of exchange and other documents and instruments for computer processing, clearance and settlement or other purpose by such means as the Bank may consider appropriate. The Bank will not be liable to the Customer for acts or omissions of third parties however caused. The Bank is not liable for any loss, theft, destruction or delayed delivery of any Instrument during delivery to such third party, or while such third party has possession of such I nstrument. Deposit items (including money transfers) of any description other than Canadian and foreign currency will be provisionally credited to the Account, and the Bank may restrict the right of the Customer to withdraw against deposit items other than such currency u ntil the items have cleared, and where any deposit items is not duly paid, the amount of that item may be debited to the Account. Where the Account is a chequing account, the Customer shall take reasonable care of all cheques and keep them in a safe place, and shal l report any loss or theft of cheques to the Bank.
Chequing Services. You may draw cheques and other payment items only on those Accounts to which such privileges apply. You must use cheques and other payment items that are encoded in a manner satisfactory to us and are drawn on the Account for which the cheque is encoded and will conform to the rules and standards set from time to time by Payments Canada. We will not be responsible or liable for any loss or damage arising from the wrongful acceptance of a cheque or refusal by us to honour any cheque or other order for payment by you on an Account other than the Account for which you have such privileges. Unless you otherwise instruct us, where there are sufficient funds in the Account we will honour all withdrawal slips, orders and cheques drawn on the Account where the Instrument bears a signature conforming to the specimen signature you provided, subject to applicable hold periods as set out in our cheque hold policy, which may be updated from time to time. All stop payment orders on any cheque you issued must be in writing and signed by you and submitted to one of our branches. We may transit cheques, bills of exchange and other documents and Instruments for computer processing, clearance and settlement or other purposes by such means as we may consider appropriate. We will not be liable to you for acts or omissions of third parties however caused. We are not liable for any loss, theft, destruction or delayed delivery of any Instrument during delivery to such third party, or while such third party has possession of such Instrument. Deposit items (including money transfers) will be provisionally credited to the Account, and we may restrict your right to withdraw against deposit items until the items have cleared, and where any deposit items are not duly paid, the amount of that item may be debited to the Account. We, in our discretion, may restrict the amount of withdrawals that can be made, or require notice periods for withdrawals, including maximum amounts that you can withdraw, pay or transfer through Electronic Banking Services, or in cash at a branch. Where the Account is a chequing account, you will take reasonable care of all cheques and keep them in a safe place and will report any loss or theft of cheques to us.
