SUSPICIOUS Sample Clauses
The 'SUSPICIOUS' clause is designed to address situations where one party suspects fraudulent, illegal, or otherwise improper activity related to the agreement. Typically, this clause allows the party to take precautionary actions, such as suspending services, freezing accounts, or initiating an investigation, if suspicious behavior is detected. Its core function is to protect the parties from potential harm or liability by enabling swift responses to questionable activities, thereby mitigating risk and ensuring compliance with legal or ethical standards.
POPULAR SAMPLE Copied 2 times
SUSPICIOUS. ACTIVITY: We are committed to keeping your financial transactions as secure as possible. We use a credit card fraud detection system designed using neural network technology that “learns” your credit card purchase patterns. The system analyzes authorization requests for your Card in real time and compares them to your purchase history as well as current fraud trends. If we detect unusual transaction patterns, we can take action to reduce the potential for fraud, including but not limited to suspending credit privileges. As your profile and transactions change over time, the system updates its files. We reserve the right to identify Transactions as unauthorized or fraudulent and subsequently to decline those Transactions. We are not responsible for any loss or damage arising out of any declined Transaction. TRAVEL ADVISORY: A Transaction in a geographic area where you do not usually use your Card may trigger the credit card fraud detection system. We encourage you to provide us with prior notice of any anticipated Card activity that may be out of your ordinary pattern of Card Transactions, such as high transaction volume and any anticipated transactions outside the U.S. You may provide this notice by calling: MERCHANT FEES: Some merchants, including merchants outside the U.S., may charge you a fee to use your Card for a Purchase. The fee may be either a percentage of the amount of your Purchase or a flat fee, and will be added to the amount of your Purchase. Usually, a merchant will tell you about this fee before you use your Card, but not always. We do not control these fees and we cannot prevent them.
SUSPICIOUS. ACTIVITY USURY SAVING CLAUSE
SUSPICIOUS. ACTIVITY We are required by law to report to the government any transaction conducted by any individual or business or other organization that we suspect is illegal. We report suspected illegal activity without notice to our clients. USURY SAVING CLAUSE It is never our intention to violate any law or regulation that limits the amount we may lawfully charge for any of our services. To the extent that any fee or charge we assess is determined to be in violation of applicable law or regulation, the fee or charge shall be deemed reduced or eliminated to be in compliance and the amount charged in excess of that permitted, if any, will be refunded to you by credit to your account or reduction of future fees.
SUSPICIOUS. ACTIVITY: We are committed to keeping your financial transactions as secure as possible. We use a credit card fraud detection system designed using neural network technology that “learns” your credit card purchase patterns. The system analyzes authorization requests for your Card in real time and compares them to your purchase history as well as current fraud trends. If we detect unusual transaction patterns, we can take action to reduce the potential for fraud, including but not limited to suspending credit TRAVEL ADVISORY: A Transaction in a geographic area where you do not usually use your Card may trigger the credit card fraud detection system. We encourage you to provide us with prior notice of any anticipated Card activity that may be out of your ordinary pattern of Card Transactions, such as high transaction amounts, high transaction volume, any anticipated transactions outside of the geographic areas where you normally use your card, and any anticipated transactions outside the U.S. You may provide this notice by calling: MERCHANT FEES: Some merchants, including merchants outside the U.S., may charge you a fee to use your Card for a Purchase. The fee will be either a percentage of the amount of your Purchase or a flat fee, and will be added to the amount of your Purchase.
SUSPICIOUS. TRANSACTIONS
SUSPICIOUS. ACTIVITY
SUSPICIOUS. ACTIVITY IDENTIFICATION (1) The Bank shall incorporate the remediation of any gaps and deficiencies identified by the Bank’s coverage assessment of its current suspicious activity identification and transaction monitoring controls into the Action Plan required by Article III of this Agreement.
SUSPICIOUS. ACTIVITY We are required by law to report to the government any transaction conducted by any individual, business, or other organization that we suspect is illegal. We report suspected illegal activity without notice to our account owners. TRANSFERRING FUNDS We may transfer funds between your accounts, transfer your accounts to other branches, and take other action on the oral or written instructions of any signer. We may require written authorization for TRANSFERRING OWNERSHIP You may not transfer ownership of an account to another party unless we close the account and open a new account in the name of the new account holder. The same is true if the primary member becomes deceased. UNCLAIMED PROPERTY State law requires us to transfer your account to the state as unclaimed property if you have not done at least one of the following within the time period specified by state law (the timeframe for California is currently three (3) years): USA PATRIOT ACT Important information about procedures for opening a new account: Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. When you open an account, we will ask for your legal name, physical address, date of birth, and other information that will allow us to identify you.
SUSPICIOUS. ACTIVITY AND/OR DISPUTE AMONG OWNERS—In the event we reasonably believe that the signers, owners, or persons acting on behalf of the signers or owners of an account are in dispute concerning any aspect of the account or we believe there is suspicious activity involving the account, we may, in our sole discretion, do any or all of the following things: 1) continue to act as set forth in this Agreement based upon the signature of any authorized signer as shown in our records; 2) freeze the funds in the account pending resolution of the dispute or activity to our satisfaction; or 3) except as expressly limited by law, regulations or our bylaws, deposit the funds from the account into the registry of an appropriate court pending court order establishing the parties who are authorized to withdraw funds from the account or the rights of the parties to the funds and charge you or deduct from the funds deposited the costs of such actions.
SUSPICIOUS. ACTIVITY AND/OR DISPUTE AMONG OWNERS—In the event we reasonably believe