4. Facsimile, Telephone And Email Instructions
4.1 Please note that, in respect of Online Accountholders and Online Customers, instructions may only be given by email and through the Website, unless otherwise agreed by Investec.
4.2 The Accountholder or Customer, as appropriate, authorises Investec to act on facsimile, telephone and email instructions. The instructions communicated may include instructions to pay money or otherwise to debit or credit any Account with any amount, close or otherwise amend an Account, or relate to the disposition of any money, or purport to bind the Accountholder or Customer to any agreement with Investec or with a third party or commit the Accountholder or Customer to any other type of transaction or arrangement whatsoever. Any instructions communicated and transactions completed will be unconditionally binding on the Accountholder or Customer, as appropriate.
4.3 The Accountholder or Customer, as appropriate, will be bound by the terms of any facsimile, telephone and email instruction.
4.4 Investec is authorised and entitled but not obliged to rely upon and act in accordance with any communication which may be from time to time or purport to be, given by telephone, facsimile or email by an Accountholder or Customer, as appropriate, without enquiry on Investec's part as to the authority or identity of the person making or purporting to make such communication.
4.5 The Accountholder will at all times accept the Transactions of Investec on any of its Accounts as conclusive evidence of any instructions.
4.6 Investec can refuse to act upon any notice, demand or instruction sent by facsimile, telephone or email transmission at any time without giving notice to the Accountholder or Customer, as appropriate, if in Investec's opinion the instruction, demand or notice is sent by an unauthorised person or if it is being used for fraudulent purposes.
4.7 Investec will use all reasonable endeavours to ensure that it is capable of receiving and acting upon facsimile, telephone and email instructions so in consideration of Investec agreeing to receive facsimile, telephone and email instructions, the Accountholder or the Customer, as appropriate, undertakes to keep Investec indemnified against all losses, costs, damages, claims, proceedings, actions, demands and expenses which Investec may sustain or incur through acting or failing to act upon any facsimile, telephone and/or email instructions whether that instruction was received by Investec or not. The Accountholder further agrees that Investec may debit the Account with any amounts, which Investec has paid or incurred in acting upon any facsimile, telephone or email instructions.