Examples of Electronic Instructions in a sentence
Either party shall be entitled to rely upon facsimile or email instructions (“Electronic Instructions”) received from the other party or reasonably believed to be received from the other party or such persons as each party may from time to time nominate to send Electronic Instructions.
The Bank will not be responsible for any costs, damages, demands or expenses that we may incur due to The Bank’s acting or failing to act upon our Electronic Instructions, except for The Bank’s gross negligence or wilful misconduct where The Bank’s liability will be limited to the amount of the transaction.
We authorize The Bank to act upon any Electronic Instructions from us to conduct any banking transactions in the said account.
We understand that Electronic Instructions are not secure means of communication and we assume full responsibility for the risks of doing so.
The Bank reserves the right to refuse to act upon such Electronic Instructions at its sole discretion and demand written instructions in lieu thereof.