Common use of Consumer Accounts Only Clause in Contracts

Consumer Accounts Only. If we are notified within two (2) business days after you discovered the password or other means to access your account has been lost or stolen, your liability is no more than $50.00 should someone access your accounts without permission. Also, if your statement shows activity that you did not authorize, notify your local United Prairie Bank at once. If we are not notified within sixty (60) days after the statement was sent, you may lose any amount transferred without authorization after the sixty (60) days if it can be proven that we could have prevented someone from taking the money if we had been notified in time. WE CANNOT ACCEPT NOTIFICATION OF LOST OR STOLEN PASSWORDS OR UNAUTHORIZED TRANSFERS VIA E-MAIL. Business or other entity (including a sole proprietorship) Only. You agree to monitor your accounts on a daily basis. Notify your local United Prairie Bank immediately if you discover the password or other means to access your account has been lost or stolen or if you identify any activity that you did not authorize. We will have no liability to you for unauthorized account access that occurs before you have notified us of potential unauthorized activity and that we have been provided with a reasonable opportunity to react to that notice. WE CANNOT ACCEPT NOTIFICATION OF LOST OR STOLEN PASSWORDS OR UNAUTHORIZED TRANSFERS VIA E-MAIL.