Common use of LIABILITY OF THE CARDHOLDER Clause in Contracts

LIABILITY OF THE CARDHOLDER. In case of fault or negligence of a Cardholder in the safekeeping of his card or PIN, the Bank shall be entitled to report the matter to the Police and to claim damages from the Cardholder jointly and severally with the Account Holder even though the latter has reported the loss, theft or suspected abstraction of the Card.

Appears in 13 contracts

Samples: General Terms and Conditions, Individual Accounts Terms & Conditions, Corporate Accounts Terms & Conditions

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