You are responsible for the full amount of all authorized activity resulting from the use of your Account or Secret ID Code by any person. Careless handling of your Card, mobile device that you registered with us for Electronic Banking Services or Secret ID Code can result in serious financial losses.
You must notify us by telephone within 24 hours of learning of any of the following:
Under our 100% Electronic Banking Guarantee, you will not be liable for any losses from the unauthorized use of your Account or Electronic Banking Services due to circumstances beyond your control. These are situations where you could not have prevented, and did not knowingly contribute to, the unauthorized use of your Account. Such circumstances include any errors we made, technical problems or system malfunctions. You may be liable for all losses from unauthorized use of your Account if you:
In those cases, your liability may exceed the funds in an Account, your credit limit or any daily transaction limits. In other words, your liability will not be limited by your Account balance, your credit limit or any daily transaction limits.
You must co-operate and assist in any investigation that we initiate into the unauthorized use you reported, which is a precondition to being reimbursed for any losses. This cooperation may include filing a report with law enforcement authorities.
You accept the risk that BMO Alerts may be delayed, lost, intercepted, reviewed or altered by third parties.
You will not be liable for losses that occur after you have complied with Your Reporting Obligations.