Common use of Banking Alerts Clause in Contracts

Banking Alerts. This Service allows you to receive electronic notices (“Alerts”) from time to time with information and notifications about your designated accounts with us. For example, Alerts may include information about the receipt of wire transfers or other credits to an account, or about withdrawals that exceed a certain dollar amount that you specify when you enroll for the Service. Alerts are provided solely as a convenience and not as a substitute for the periodic statements for your account(s) or any other notices we may send you, regardless of how you receive such periodic statements or other notices, and your obligations to properly review the periodic statements and notices, and to notify us (Section III E) remain in full force and effect. Such periodic statements and other notices remain the official records of your account(s). In order to receive Alerts, you must provide us a valid phone number or an email address for the Alerts. Additionally, you agree to indemnify, defend, and hold us harmless from and against any and all claims, losses, liability, costs, and expenses (including reasonable attorneys’ fees) arising in any manner from you providing us a phone number or an email address that is not your own or that you provide in violation of applicable federal, state, or local law, regulation, or ordinance. We may provide Alerts through one or more of the following: a) a telephone b) a text or Web-enabled mobile device; or c) an email account that is accessed via a personal computer. It is your responsibility to determine that each of your service providers for the communication media described in (a) through (c) above supports the voice and/or text message Alerts you select. You agree that the Alerts are subject to the terms and conditions of your agreement(s) with your service provider(s) and that you are solely responsible for any fees imposed for an Alert by your service provider(s). You agree and understand that a) Alerts may not be encrypted and may include personal or confidential information about you and your transactions, such as your name and account activity or status; b) your Alerts may be delayed, misdirected, not delivered, or corrupted due to circumstances or conditions affecting your service provider(s) or other parties; and c) we will not be liable for losses or damages arising from i) any non-delivery, delayed delivery, misdirected delivery, or corruption of an Alert; ii) inaccurate, untimely, or incomplete content in an Alert; iii) your reliance on or use of the information provided in an Alert for any purpose; or iv) any circumstances beyond our control.

Appears in 4 contracts

Samples: Global Transaction Services Master Agreement, Master Agreement, Global Transaction Services Master Agreement

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