Unauthorised transaction Clause Samples
The 'Unauthorised transaction' clause defines the rules and responsibilities regarding transactions that occur without the account holder's consent or knowledge. Typically, this clause outlines the process for reporting such transactions, the timeframe within which the account holder must notify the financial institution, and the conditions under which the institution will investigate and potentially reimburse losses. Its core practical function is to protect account holders from financial loss due to fraud or errors, while also setting clear procedures for addressing and resolving unauthorised activity.
Unauthorised transaction. This is where a payment sent from your account wasn’t authorised by you (or anyone who’s authorised to make payments for you).
Unauthorised transaction. This is where a payment sent from your account wasn't authorised by you (or anyone who's authorised to make payments for you). • Another type of security / fraud problem This is where there was another security or fraud problem, such as: • There was some other unauthorised access to your account. • Your password or PIN was compromised. • A device you have used to access our services was lost, stolen or deactivated. • Another type of problem This is where there was another type of problem with your account or with our services which is not mentioned above. For instance, we may have made a factual, computational or mathematical error related to your PayPal when you added money to or withdrew money from your PayPal account. If a purchase that you paid for with PayPal was not as described or you have not received the purchase, PayPal Buyer Protection, not this section, may apply. Please see the PayPal Buyer Protection section for how to deal with these particular problems.
Unauthorised transaction. This is where a payment sent from your account wasn't authorized by you (or anyone who's authorized to make payments for you). • Another type of security / fraud problem This is where there was another security or fraud problem, such as: • There was some other unauthorised access to your account. • Your password or PIN was compromised. • A device you have used to access our services was lost, stolen or deactivated. • Another type of problem This is where there was another type of problem with your account or with our service which is not mentioned above. For instance, we may have made a factual, computational or mathematical error related to your PayPal when you added money to or withdrew money from your PayPal account. If a purchase that you paid for with PayPal was not as described or you have not received the purchase, PayPal Buyer Protection, not this section, may apply. Please see the PayPal Buyer Protection section for how to deal with these particular problems. Contact us as soon as possible to tell us about the problem (including the type of problem you are contacting us about so that we can help you as quickly as we can). You can report a problem, initiate a dispute, or respond to a dispute raised by another user in the Resolution Center. You must give us all the information we reasonably request as to the circumstances of the problem and take all reasonable steps we request to assist us in our investigation. If you tell us about your problem orally, we may require that you report your problem in writing within ten Business Days after that. We may provide third parties with information we consider relevant in such circumstances in accordance with our Privacy Statement. How we will help... Subject to the rest of this user agreement, we aim to investigate the problem and work with you to resolve it within 60 days. In addition, if your problem is: • An unexpected billing agreement payment, within ten Business Days after telling us about it we will either: • Reimburse you for the payment amount. • Explain why we cannot reimburse you. • An incorrect payment to another Paypal account, we will: • Make immediate efforts to trace the payment and notify you of the outcome without charge to you. • Compensate you as soon as possible (and in any event no later than the end of the Business Day after you tell us about the problem) by putting your account in the state it would have been in had the incorrect payment been sent as actually specified by the sender. T...
Unauthorised transaction. In the event an authorised transaction takes place as a result of MRHB’s error, MRHB will attempt to provide a relevant refund for the error within 14 business days. In the event the unauthorised transactions had been a result of user error, the user will retain full liability for the error.