Common use of Safeguards for instructions by fax Clause in Contracts

Safeguards for instructions by fax. 5.7.1 You must keep your copy of the Personal Security Details you have chosen for giving instructions by fax in a secure place with access to it restricted to you and Authorised Persons. 5.7.2 We will not be liable for failing to act on any faxed instruction which we do not receive or which we cannot read or understand. 5.7.3 We may make further checks where we consider it appropriate to do so, for example because of the amount involved. This may include telephoning the sender of the fax to confirm its authenticity or requiring further Personal Security Details to be provided. 5.7.4 If you know or believe that someone else knows any Personal Security Details which may compromise these security procedures, then you must notify us as soon as possible by using the contact details provided in these Conditions. 5.7.5 We will not act on any further instructions received from you until the security of the procedures has been satisfactorily re-established.