Business Alerts Clause Samples

Business Alerts. (a) The Bank will take reasonable care to ensure that any message of Business Alert it sends reaches the Customer and that is accurate and complete, the Bank cannot guarantee this as it depends upon the reliability of the text messaging or mail box service provider, internet and the network operator for your mobile phone(s) as well as geographic and other conditions or circumstances beyond our control. The Bank shall not be liable for any loss caused by delay or failure of any message of Business Alert to be received by the Customer /Customer’s Users’ mobile telephone or mailbox. (b) The Bank will not be liable to the Customer for any loss that customer may suffer due to any event or circumstance beyond our reasonable control which leads to the service being wholly or partly unavailable such as, but not limited to, technical breakdown, strikes or other industrial action (whether or not involving our employees) or communications or power failure. (c) The Bank shall not be liable to the Customer for any loss or damage arising out of Customer’s use of the Service to the extent that such loss or damage is indirect, consequential or special, or, without prejudice to the foregoing, is a loss of business or profits, or a loss of data, whether or not we have been advised of the possibility of such loss or damage. (d) Customer agrees to pay the fees for the Service (if any) as set out in the bank’s schedule of charges and details of which can be found on its website or branches. (e) The Bank reserves the right to amend the fees for the Service at any time at its sole discretion by giving customer thirty (30) days advance notice. Such notice may be in any form that the Bank deems appropriate, including notice on its website, SMS/ email notification or physical advice. (f) Customer undertakes to pay the Service fees, if any, for Business Alerts and understands that the set up & monthly fees will be deducted from their current/savings account. Customer understands that the monthly fee is levied for each user of the company who is registered for the Business Alert service. (g) Bank has the right to recover any overdue fees of the Service from other relationships of the Customer apart from the primary account number in any currency without referring to the customer or obtaining prior approval. (h) Bank reserves the right to discontinue, without prior intimation, the service due to Customer’s default on payment of the specified service charges, if any.