Manage Business Access Card service Sample Clauses

Manage Business Access Card service. 10.1 Where the Business Firm has access to the Manage Business Access Card service, it agrees that all Business Access Cards associated with the folios and accounts it holds indicated in the Business File shall be displayed in the ADA Service. 10.2 Subject to verifications conducted by the Caisse when the Assignment of Signing Authority option applies to the Business Firm, the Business Firm shall be solely responsible for transactions made to a folio or an account using the service. 10.3 The Business Firm acknowledges that the service shall be subject to the terms and conditions set out in the User Guide and the Terms of Use- Business Access Card. 10.4 Where the Business Firm has access to the Temporarily increase Business Access Card limit sub-service: (a) the Primary Administrator may view for each folio’s the Business Firm holds and indicated in the Business File the active limit applicable for ATM withdrawals or direct payments; (b) any designated User may request to temporarily increase a folio’s monetary limit for ATM withdrawals or direct payments carried out using a Business Access Card associated with the folio; (c) it releases the Caisse from any liability it might incur by approving or denying a request to temporarily increase a folio’s monetary limit; (d) the Caisse shall in no event be held liable for any direct or indirect damages, losses or other inconveniences that the Business Firm might suffer by approving or denying a request to temporarily increase a folio’s monetary limit. Assignment of Signing Authority: mechanism used by the Caisse to assign signing authority to a User with respect to monetary transactions or operations that require two signatures as indicated in its Business File to ensure there is a match between the identification of the User to whom signing authority must be granted and the individuals designated in the Signing Resolution of the Business Firm as being Authorized to carry out the relevant transactions.
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