Common use of Custody of Documents Clause in Contracts

Custody of Documents. THE CUSTOMER is responsible for maintaining in a safe place confidential documents concerning his banking relationship, such as checkbooks, debit cards, personal identification numbers (PINs), conventional identification agreements, etc. THE CUSTOMER shall be responsible for any damages, or losses that may arise from breaching these rules. In consequence, any damages resulting from the loss or theft of such documents or from the improper use or forgery of THE CUSTOMER's signature as a result of such acts shall be borne by THE CUSTOMER, unless THE BANK has incurred in gross negligence. THE CUSTOMER is also responsible for any damages or falsifications resulting from the loss or theft of such documents in transit, if such documents, had to be sent or delivered to THE CUSTOMER at his request by any means being beyond the control of THE BANK.

Appears in 12 contracts

Samples: Banking Products and Services Agreement, Banking Products and Services Agreement, Banking Products and Services Agreement

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