Password. 10.1 The Customer hereby undertakes to keep the Password secret.
10.2 The Customer acknowledges that the Password may be issued to him in person at the Bank or in such other manner as the Bank Customer prior to having access to effect other Transactions. In relation to Telephone Banking Instruction, unless the Bank otherwise agrees, the Customer shall not be allowed to unilaterally re-select TBI Password.
10.3 Upon the loss or any actual or possible unauthorised use of the Password, the Customer shall immediately notify the Bank in writing, duly signed in accordance with the Agreed Signing Arrangement. Until the actual receipt by the Bank of such notice, all Transactions made by ITS or Telephone Banking Instructions by inputting or quoting the relevant Password shall be deemed Transactions made by the Customer.
10.4 The Customer hereby acknowledges that there are risks for the Password being used by unauthorised persons or for unauthorised purposes and agrees to bear such risks absolutely.
