Common use of LOSS OF CHEQUE BOOK/ACCOUNT CARD Clause in Contracts

LOSS OF CHEQUE BOOK/ACCOUNT CARD. Customers holding a Current and/or Xxxx Xxxxxxx Account are liable for the safekeeping of their cheque books/Account Card. In case of theft of their cheque book, Customers will be required to provide the Bank with a police memo. Customers should notify the Bank of the loss, theft or misplacement of their cheque books/Account Card. Should the cheque books/Account Card be found, the Customers undertake to return same to the Bank. The Bank reserves the right to claim from the Customer a fee for the replacement of a cheque books/Account Card. Withdrawals can be effected from the Account by the Bank’s prescribed form.