Acknowledgement of Commercially Reasonable Security Procedures Sample Clauses

Acknowledgement of Commercially Reasonable Security Procedures. By using Online Banking, you acknowledge and agree that this Agreement sets forth security procedures for electronic banking transactions that are commercially reasonable. You agree to be bound by instructions, whether authorized or unauthorized, which we implement in compliance with these procedures, unless you have given us prior notice of possible unauthorized use as described above (and we had a reasonable opportunity to act on such notice).
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Acknowledgement of Commercially Reasonable Security Procedures. By using the GoIPO Portal, you acknowledge and agree that you are satisfied that NCB has put in place commercially reasonable system security procedures for electronic banking transactions identity verification, protecting against unauthorized access by third parties, and protection against undisclosed programmes or extraneous code or data that may be reasonably expected to damage data, software, systems or operations. You agree to be bound by instructions, whether authorized or unauthorized, which we implement in furtherance of these procedures.
Acknowledgement of Commercially Reasonable Security Procedures. By submitting a funds transfer request using online banking, you represent that you have reviewed your requirements and you acknowledge and agree that you have determined that this security procedure is a satisfactory method of verifying the authenticity of funds transfer requests. You acknowledge that such security procedures are for your protection and are confidential, and are to be held and maintained by you securely. You will assume all losses should the security procedures be breached by you in any way or should you not respond to them in a timely manner.‌
Acknowledgement of Commercially Reasonable Security Procedures. By using the eBanking service you acknowledge and agree that this Agreement sets forth security procedures for electronic banking transactions which are commercially reasonable. You agree to be bound by instructions, whether authorized or unauthorized, which we implement in compliance with these procedures, unless you have given us prior notice of possible unauthorized use as described above (and we had a reasonable opportunity to act on such notice).
Acknowledgement of Commercially Reasonable Security Procedures. BAC Community Bank (“BAC”) is committed to safeguarding the security of your Cash Management transactions by providing commercially reasonable security procedures offering multiple layers of security. You acknowledge and agree that this Agreement sets forth security procedures for electronic banking transactions that are commercially reasonable. You agree to be bound by instructions, whether authorized or unauthorized, which we implement in compliance with these procedures, unless you have given us prior notice of possible unauthorized use (and we had a reasonable opportunity to act on such notice). In addition to our security controls, the bank strongly recommends that you take an active part in preventing and mitigating your risk of online fraud by implementing additional recommended security controls. BAC shall from time to time establish one or more security procedures to be used by BAC and you in connection with certain services. You agree to be bound by any payment order, transaction or Service change order that is acted upon by BAC in accordance with such security procedures. You understand that the security procedures are not for the purpose of detecting errors in the transmission or content of information controlled by you. If you select certain security procedures to use in connection with a Service and those security procedures provide less protection against unauthorized transactions or activity than other security procedures offered by BAC in connection with such Service: (i) the security procedures selected by you shall be deemed commercially reasonable to the same extent as the security procedures offered by BAC that provide greater protection;, and (ii) you shall indemnify and hold BAC harmless from and against all Losses and Liabilities relating directly or indirectly to your use of such security procedures. BAC reserves the right to issue new security procedures and/or to cancel or change any security procedures from time to time.
Acknowledgement of Commercially Reasonable Security Procedures. By submitting a Funds Transfer Request using the EC*Web service, you represent that you have reviewed your requirements and you acknowledge and agree that you have determined that this Security Procedure is a satisfactory method of verifying the authenticity of Funds Transfer Requests. If you do not change your access code on a regular basis, you agree that the security procedure you have chosen is a commercially reasonable security procedure.
Acknowledgement of Commercially Reasonable Security Procedures. By using Digital Banking Services, the Business acknowledges and agrees that the Digital Banking Documentation sets forth Security Procedures for Digital Banking transactions which are commercially reasonable. Access to Service All Digital Banking Transactions or inquiries must be initiated by the use of a Digital Banking Username and Password. User sessions are automatically ended after 15 minutes of inactivity. Transaction limits may be assigned by the Credit Union and amended from time to time at the Credit Union’s discretion. Passwords • Authorized Users will be required to change their Password the first time they access the Digital Banking Service. • Passwords are encrypted in databases and neither the Credit Union nor its Service Providers have access to this information. • Users may change their Password at any time through the Service. • Access to the Service will automatically be disabled after three (3) consecutive unsuccessful login attempts. • Authorized Users with Administrator access can re-set another Authorized User’s Password. • All Authorized Users are strongly encouraged to change their Password at least every 180 days. • Multiple users should not share a profile; each user should have their own Username and Password. Administrator Role The Business is required to designate a Primary Administrator on their Business Digital Banking Enrollment form. Primary Administrators receive automatic access to all new Accounts and Services as they are added. They must add the Accounts and Services to other Authorized Users within the company via the Administration function of the Service. Primary Administrators can designate some or all Authorized Users as Administrators. Users with Administrator privileges have the highest level of access to the Accounts and Services including, but not limited to, the ability to perform loan advances, transfers, and transmit Wires and ACH Entries if those privileges apply. They have the authority to set limits, Account access, and security levels for any other Authorized User, including their own limits or those of other Administrators. Dual Control Authorized Users can be granted the ability to create transfers, wire transfers, and ACH Entries and/or transmit them to the Credit Union. THE BUSINESS IS STRONGLY ENCOURAGED TO ESTABLISH INTERNAL CONTROLS TO REQUIRE DUAL CONTROL WHEN SUBMITTING TRANSFERS, WIRE TRANSFERS, AND ACH ENTRIES VIA DIGITAL BANKING. Opting for sole control decreases the amount of security provi...
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Acknowledgement of Commercially Reasonable Security Procedures. By using Digital Banking, you represent that you have reviewed your requirements and you acknowledge and agree that you have determined that this Security Procedure is a satisfactory method of verifying the authenticity of funds transfer instructions including ACH Requests and Wire Transfer Requests.
Acknowledgement of Commercially Reasonable Security Procedures. By using Internet Banking to access the Wire Services or the ACH Services, you agree that the security procedure described in this Agreement and in Bank’s Funds Transfer Agreement with respect to Wires and Bank’s Standard ACH Agreement with respect to ACH Transactions are commercially reasonable for the size, type, and frequency of the Wires or ACH Transactions that you expect to initiate. You agree to be bound by instructions, whether authorized or unauthorized, which Bank processes in compliance with these security procedures, unless you have given Bank prior notice of possible unauthorized use as described herein and Bank has had a reasonable opportunity to act on such notice.
Acknowledgement of Commercially Reasonable Security Procedures. By using myb@nk, you acknowledge and agree that this Agreement sets forth security procedures for electronic banking transactions that are commercially reasonable. You agree to be bound by instructions, whether authorized or unauthorized, which we implement in compliance with these procedures, unless you have given us prior notice of possible unauthorized use as described above (and we have had a reasonable opportunity to act on such notice).
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