Secure tokens. Remote access to applications containing Customer Confidential Information shall require the use of security codes that are made available to users via a key fob or other token device issued by Computershare to each user.
Secure tokens. Secure tokens provide our clients with an additional layer of Online Banking security. We may at any time require you to use Secure Token(s) as a condition to access our Online Banking service. We reserve the right to suspend or limit your access to our Online Banking service until such Secure Tokens are being used. You and Your administrator(s) have the responsibility to ensure all appropriate users obtain a Secure Token. You agree to notify the Bank immediately of each loss or theft of a Secure Token, any unauthorized use of the Token, or any other breach of security. The Bank reserves the right to prevent your access to Online Banking should the Bank have reason to believe the confidentiality of your Token has been compromised. Spring Bank reserves the right to charge a fee for the replacement of a lost or stolen Token, as defined in the Service Fee Summary for Business Accounts We may dishonor or disable any Secure Token at any time and will inform you if we decide to do so. We may also issue additional or replacement Tokens from time to time and the Company, its Administrators and users shall follow the Bank’s instructions regarding the distribution, installation and use thereof.
Secure tokens. Customer acknowledges that the use of Secure Tokens are required to conduct the requested Online Banking services. Secure Tokens add an additional layer of security to the login process for each user. A separate Secure Token Request Form must be completed. Limits and Transactions. The Bank offers additional security procedures under Online Banking whereby the Customer and the Bank may establish dollar limits for transactions. The Bank and Customer agree that the aforementioned Security Procedures for the Online Banking Service are commercially reasonable, and the parties further agree that transactions conducted shall be deemed to be authentic payment orders binding on the Customer. Customer is responsible for all transactions made through Online Banking, regardless of whether such transaction was authorized. FEES 8 | DO NOT COPY OR DISTRIBUTE WITHOUT THE EXPRESS WRITTEN CONSENT OF SKOWHEGAN SAVINGS. The Customer authorizes the Bank to debit the following fees from the Customer’s approved offset account. • ACH Setup Fee (One-Time) $ 75.00 • ACH Monthly Access Fee $ 5.00 • Returned/Rejected Item Fee $ 30.00 Any other service fees will be charged according to Skowhegan Savings’ Service Charges and Common Fees brochure. LIMITS, DELIVERY AND PROCESSING SPECIFICATIONS Files will NOT be transmitted if established maximum dollar amounts stated below are exceeded except as may otherwise be prescribed in this Agreement. DAILY LIMITS Approved Offset Account(s) Enter the offset account(s). Maximum Daily Limit $Enter the maximum daily limit. Approved File (Transaction Type) Prearranged Payment & Deposit Entry – Direct Deposit Credit Only Delivery Method. This Agreement permits the Bank to accept ACH orders via Skowhegan Savings’ Online Banking. In the event that Online Banking is unavailable, the approved backup method of ACH requests includes a delivery of disk or file to a local branch with fees equivalent to those associated with Online Banking transmission. Standard ACH fees apply as outlined in Skowhegan Savings’ Service Charges and Common Fees brochure if the backup method of transmission is selected when Online Banking is functional. Returns and NOC will be delivered to the Customer via phone, electronic file, secure online message, fax or mail. Confirmation of Receipt. After the Bank accepts a file via internet transmission, the ACH batch status will change from “Initiated” to “Processed” on the batch viewing page of the Customer’s Online Banking.
