Common use of LOST OR STOLEN DEBIT CARD OR COMPROMISED Clause in Contracts

LOST OR STOLEN DEBIT CARD OR COMPROMISED. PIN – If the Depositor suspects or becomes aware that the Debit Card is lost or stolen, or that the PIN has been made accessible to another person, then the Depositor will notify the Financial Institution or its agent immediately, in person or by telephone. Notification will only be considered given if the Depositor speaks directly to an authorized Financial Institution officer or agent. Upon receipt of such notice, the Depositor’s liability for further unauthorized use of the Debit Card will terminate. If the Depositor notified the Financial Institution promptly and cooperated in any investigation, once the Financial Institution is satisfied that the Depositor is the victim of fraud, theft, or coercion by trickery, force, or intimidation, the Depositor will be entitled to recover from the Financial Institution any direct losses from the Account through the use of the Debit Card in such fraud, theft, or coercion incurred after notice is given to the Financial Institution.

Appears in 9 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

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LOST OR STOLEN DEBIT CARD OR COMPROMISED. PIN – If the Depositor suspects or becomes aware that the Debit Card is lost or stolen, stolen or that the PIN has been made accessible to another person, then the Depositor will notify the Financial Institution or its agent immediately, in person or by telephone. Notification will only be considered given if the Depositor speaks directly to an authorized Financial Institution officer or its agent. Upon receipt of such notice, notice the Depositor’s 's liability for further unauthorized use of the Debit Card will terminate. If the Depositor notified the Financial Institution promptly and cooperated in any investigation, once the Financial Institution is satisfied that the Depositor is the victim of fraud, theft, or coercion by trickery, force, or intimidation, the Depositor will be entitled to recover from the Financial Institution any direct losses from the Account through the use of the Debit Card in such fraud, theft, or coercion incurred after notice is given to the Financial Institutioncoercion.

Appears in 1 contract

Samples: Account Agreement

LOST OR STOLEN DEBIT CARD OR COMPROMISED. PIN – If the Depositor suspects or becomes aware that the Debit Card is lost or stolen, or that the PIN has been made accessible to another person, then the Depositor will notify the Financial Institution or its agent immediately, in person or by telephone. Notification will only be considered given if the Depositor speaks directly to an authorized Financial Institution officer or agent. Upon receipt of such notice, the Depositor’s 's liability for further unauthorized use of the Debit Card will terminate. If the Depositor notified the Financial Institution promptly and cooperated in any investigation, once the Financial Institution is satisfied that the Depositor is the victim of fraud, theft, or coercion by trickery, force, or intimidation, the Depositor will be entitled to recover from the Financial Institution any direct losses from the Account through the use of the Debit Card in such fraud, theft, or coercion incurred after notice is given to the Financial Institutioncoercion.

Appears in 1 contract

Samples: Account Agreement

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LOST OR STOLEN DEBIT CARD OR COMPROMISED. PIN – If the Depositor suspects or becomes aware that the Debit Card is lost or stolen, stolen or that the PIN has been made accessible to another person, then the Depositor will notify the Financial Institution or its agent immediately, in person or by telephone. Notification will only be considered given if the Depositor speaks directly to an authorized Financial Institution officer or its agent. Upon receipt of such notice, notice the Depositor’s 's liability for further unauthorized use of the Debit Card will terminate. If if the Depositor notified the Financial Institution promptly and cooperated in any investigation, once the Financial Institution is satisfied that the Depositor is the victim of fraud, theft, or coercion by trickery, force, or intimidation, the Depositor will be entitled to recover from the Financial Institution any direct losses from the Account through the use of the Debit Card in such fraud, theft, or coercion incurred after notice is given to the Financial Institutioncoercion.

Appears in 1 contract

Samples: Account Agreement

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