Xxxxxxxx Fraud Sample Clauses

Xxxxxxxx Fraud. One Million Dollars ($1,000,000) ​ The policy must be amended so that money is defined to include “tokens and chips”. The policy may contain a deductible of no greater than Fifty Thousand ($50,000) for all coverages. ​

Xxxxxxxx Fraud. It is Your responsibility to protect the account numbers and electronic access devices that the Bank provides to You. You should not divulge Your account information to anyone. An account number can be used by thieves to create an unauthorized demand draft which looks and functions like an authorized check. If You furnish Your access device and grant actual authority to make transfers to another person (for example, a family member, friend, or co-worker) who then exceeds that authority, You are liable for the transfers until We have been notified in writing that transfers by that person are no longer authorized and We have had a reasonable time to act on Your notice. Your account number can also be used to electronically remove money from Your account. If You provide Your account number in response to a telephone solicitation for the purpose of making a transfer (for example, the purchase of a service or merchandise) payment can be made from Your account even though You did not contact Us directly and order the payment. You must also take precaution in safeguarding Your blank checks. Notify Us at once if You believe Your checks have been lost or stolen. As between You and Us, if You are negligent in safeguarding Your checks, You must bear the loss entirely unless We failed to use ordinary care and We substantially contributed to the loss. We reserve the right to place a hold on Your account if We suspect irregular, fraudulent, unlawful or other unauthorized activity involving Your account or We assert a right to funds in Your account or We are faced with conflicting claims to funds in Your account. We may attempt to notify You of such a hold, but We are not required to provide notice prior to placing the hold. You agree that We may maintain such a hold until all claims against You, Us or to the funds held in Your account, whether civil or criminal in nature, have been resolved fully to Our sole satisfaction. Consumer Customers: • Remember to review and reconcile Your statements as soon as You receive them • If a problem is discovered, You should report it to the Bank immediately • Destroy checks You do not intend to use • Never sign a blank check • Never give Your debit card to another person • Never include Your account number, banking passwords, or taxpayer identification number in an email message • Do not provide the information above over the telephone unless You are sure You are speaking with a Bank employee • Shred confidential mail, receipts, and o...