Liability for Unauthorized Transfers. All EFT Services An unauthorized transfer is a transfer that you have not authorized, including one made with a lost or stolen ESL ATM, ESL Visa Debit Card or ESL Visa HSA Card and/or PIN or ESL Online/Mobile/Text Banking or TEL-E$L PIN. If you believe that someone has transferred or may transfer money from your account without your permission, or if your account statement shows transfers you did not make you must notify ESL. Calling us is the best way of informing us and keeping your possible losses down, you may also contact us using ESL Live Chat Banking at xxx.xxx. You could lose all of the money in your account (plus your maximum overdraft line of credit); however, if you tell us as soon as discovery is made of an unauthorized transfer, you may have no liability for the losses. Notwithstanding the above, you may be liable for greater amounts than listed above to the extent allowed under applicable law only if we determine that you were grossly negligent or fraudulent in the handling of your account.
Appears in 3 contracts
Samples: Statement and Agreement, Electronic Funds Transfer Disclosure Statement and Agreement, Electronic Funds Transfer Disclosure Statement and Agreement
Liability for Unauthorized Transfers. All EFT Services You may be liable for an unauthorized transfer. An unauthorized transfer is a transfer that you have not authorized, including one made with a lost or stolen ESL ATM, ESL Visa Business Debit Card or ESL Visa HSA Card and/or PIN or ESL Business Online/Mobile/Text Banking password or TEL-E$L PIN. If you believe that someone has transferred or may transfer money from your account without your permission, or if your account statement shows transfers you did not make you must notify ESL. Calling us is the best way of informing us and keeping your possible losses down, ; you may also contact us using ESL Live Chat Banking at xxx.xxx. You could lose all of the money in your account (plus your maximum overdraft line of credit); however, if you tell us as soon as discovery is made of an unauthorized transfer, you may have no liability for the losses. Notwithstanding the above, you may be liable for greater amounts than listed above to the extent allowed under applicable law only if we determine that you were grossly negligent or fraudulent in the handling of your account. Unauthorized transfers do not include transfers made by any sub-user.
Appears in 1 contract
Samples: Business Electronic Funds Transfer Disclosure Statement and Agreement
