Common use of Online Security Clause in Contracts

Online Security. Bank and Customer acknowledge that the use of any banking services via an online channel introduces risks that may not be present in other service channels, requiring additional diligence by each party. Customer warrants that its use of the Service shall be undertaken with a full understanding of and in compliance with the provisions of the General Terms and Conditions dealing with ”Security“ and “Computer Based Services,” and agree that those terms and conditions describe a commercially reasonable approach to securing the Service from unauthorized use.

Online Security. Bank and Customer acknowledge that the use of any banking services via an online channel introduces risks that may not be present in other service channels, requiring additional diligence by each party. Customer warrants that its use of the Service shall be undertaken with a full understanding of and in compliance with the provisions of the General Terms and Conditions dealing with ”Security“ and “Computer Based Services,” and agree agrees that those terms and conditions describe a commercially reasonable approach to securing the Service from unauthorized use.

Online Security. Bank and Customer acknowledge that the use of any banking services via an online channel introduces risks that may not be present in other service channels, requiring additional diligence by each party. Customer warrants that its use of the Service shall be undertaken with a full understanding of and in compliance with the provisions of the General Terms and Conditions dealing with ”“Security“ ” and “Computer Based Services,” and agree agrees that those terms and conditions describe a commercially reasonable approach to securing the Service from unauthorized use.