Dear Valued Customer,
Standard Chartered Bank will make following adjustment in Online Banking Terms & Conditions:
Section Content of VIII. Risk Warning and Liability Provisions, add point 12
Section Content of XIV. Miscellaneous, amend point 5 and point 7
7.The Terms are amended and published on our official website www.sc.com/cn in July 2020, and the Terms, as amended, will take effect as of 1st August 2020. As of the date of effectiveness, unless otherwise notified by us, the Terms will supersede all previous terms (if any) in respect of these Services.
The above terms & conditions will take effect from 2020/08/01 and will be published on the official 31website of Standard Chartered Bank on 2020/07/31.
Standard Chartered Bank (China) Ltd
July 31th, 2020
Attachment: < Online Banking Terms & Conditions>
We hereby formulate the Terms and Conditions of Online Banking Services (the “Terms”) in order to provide you with better Online Banking Services, prevent risks inherent in the Online Banking, and specify the rights and obligations of the parties in the Online Banking. Please read the Terms carefully before you use any of our Online Banking Services. If you have any questions, please feel free to contact us, and you can browse our official website www.sc.com/cn for the nearest branch and the most up-to-date contact information.
Terms and Conditions of Online Banking Services
I. Scope of Application
II. Provision of Services
III. Content of Services
IV. Recipient of Services
These Services are made available to:
V. Function, Operation, Suspension and Termination of these Services
VI. Identity Verification
We may add, delete or change identity verification methods from time to time.
VII. Authorization and Operation of Instructions
THE CUSTOMER SHALL UNDERSTAND AND AGREE THAT WE TAKE THE FOREGOING ACTIONS FOR THE SAKE OF TRANSACTION SECURITY, AND ACCEPT ANY INCONVENIENCE, DELAY OR LOSS ARISING THEREFROM.
VIII. Risk Warning and Liability Provisions
CUSTOMERS UNDERSTAND AND AGREE THAT, WE WILL NOT MAKE ANY REPRESENTATION OR WARRANTY REGARDING THE RELIABILITY OF ANY INSTRUCTION OR NOTICE UNDER THESE SERVICES, OR ASSUME LIABILITY FOR ANY ERROR, LACK OF RELIABILITY OR SECRET LEAKAGE IN ANY SUCH INSTRUCTION OR NOTICE. NEVERTHELESS, CUSTOMERS ARE WILLING TO ACCEPT RELEVANT RISKS AND BE BOUND BY SUCH INSTRUCTIONS OR NOTICES. WE SHALL NOT BE HELD LIABLE FOR THE LOSSES OR DAMAGES SUFFERED BY CUSTOMERS OR ANY THIRD PARTY, EXCEPT DUE TO OUR WILLFUL MISCONDUCT OR GROSS NEGLIGENCE.
FOR PURPOSES OF THIS ARTICLE, THE CUSTOMER AUTHORISEAUTHORISES US TO DEDUCT ANY SUM FROM ANY ACCOUNT OPENED BY THE CUSTOMER WITH US TO PAY THE SUMS REQUIRED TO INDEMNIFY US AS MENTIONED ABOVE.
IX. Security Guarantee
x. Service Software and Ownership
XI. Online Banking Service Records
XIII. Applicable Law and Dispute Resolution