Common use of Identity Confirmation Clause in Contracts

Identity Confirmation. (1) When using the Service, the User is required to enter a 10-digit number consisting of the 3-digit branch code and the 7-digit account number (hereinafter the "Account Number"), the 4-digit PIN, the Power Direct Password, and letters or figures in the cells, which the Bank designates at each login, of the random grid coordinate printed on the reverse side of the Security Card (hereinafter referred to as the “Security Card Value”) on the Shinsei Power Direct screen on a computer terminal. When the Bank confirms the entered Account Number, Personal Identification Number, Power Direct Password, and Security Card Value to be correct, the Bank will deem that the individual who has entered those numbers or letters is the User him/herself and shall provide the Service and effect transactions.