Common use of Client identification Clause in Contracts

Client identification. 6.2.1 In case of registering as an internet banking service user at the Bank, the client shall be assigned a USERNAME to use the internet banking service. A PASSWORD (identification data) shall be provided to the client at the mobile telephone number registered at the Bank, by means of which the client is identified when accessing the bank’s internet page. The client must, after receiving the identification data from the Bank, enter the internet banking service web page and change the password provided by the Bank. 6.2.2 In case of remote registration of the user of the internet bank, the client is identified on the web page of the Bank with the personal number and the single code sent via SMS to the mobile phone number registered at the Bank, subsequent to which the client chooses their own identification data (username and password) and enters them in the respective fields. 6.2.3 The client acknowledges that for the purpose of securing the client’s information and transactions, also for receiving/approving the bank products offered by the Bank to the client via internet banking (among them, credit/deposit products), the Bank is authorized to establish additional mechanisms/requirements for identification of the client. Among them, for providing particular type of services, the Bank may request use of codes created (generated) by means of devices (Digipass, etc.) issued by the Bank to the client and/or other kinds of codes, without which the client will not be able to accept/approve bank products offered (among them credit/deposit). 6.2.4 The Bank and the client are committed to secure the confidentiality of the identification data.

Appears in 18 contracts

Samples: General Agreement for Rendering Banking Services to Individuals, General Agreement for Rendering Banking Services to Individuals, General Agreement for Rendering Banking Services to Individuals

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!