Liability of the Bank. 19.1 The Bank shall not be liable for any loss or damage suffered by the Customer or any other person as a result of:-
Liability of the Bank. 13.1 The Bank shall not be liable for any loss or damage suffered by the Customer or any other person as a result of:-
(a) the cancellation of the provision of ITS or any part thereof or the disallowing the use of Telephone Banking Instructions; and/or
(b) the withdrawal or suspension of any Transaction from being accessible by ITS or Telephone Banking Instructions or for any failure to effect or execute any of the Instruction whether it is attributable, either directly or indirectly, to any circumstances or events outside the control of the Bank; and/or
(c) any mechanical, electronic or other failure, malfunction, interruption, inaccuracy or inadequacy of the Bank's telecommunication or computer system or other equipment or its installation or erroneous transmission of any Instruction or any error in the execution of any Instruction (except gross negligence or wilful misconduct of the Bank's authorised officers) nor for any delay, loss (including loss of profit or any economic loss), expenses or damages whatsoever incurred or suffered by the Customer as a result thereof.
(d) any delay, interruption or suspension howsoever caused by any third party, including but not limited to service providers or equipment suppliers, which interferes with, affects or disrupts the performance of the Bank hereunder. -22- Dear Sir/Madam, We will soon introduce a new service for USD current account to our customers. In view of the introduction of new service, a new provision (namely, the new Clause 10.2 referred to in the Notice of Amendment below) will be added to Schedule I to the "General Terms and Conditions for Banking Services" (the "Terms"). Without limiting the effect of the new provision, we would highlight its main features as follows:-
(a) the cheques drawn on or paid into USD current account may be processed through US Dollar clearing system provided by Hong Kong Interbank Clearing Limited ("HKICL") and the clearing system is subject to US Dollar Clearing House Rules (the "Rules") and US Dollar Operating Procedures (the "Procedures") both prescribed by HKICL;
(b) in relation to the US Dollar current account, the customer agrees to the provisions of Rule 2.3.5 of the Rules. For details of such provisions, please refer to the new Clause 10.2(b) set out in the Notice of Amendment below;
(c) the customers also agree that the Hong Kong Monetary Authority does not owe any duty or incur any liability to them in respect of loss or damage arising out of the Monetary Autho...