Common use of Security Procedure for Mobile TIB Clause in Contracts

Security Procedure for Mobile TIB. In addition to the provisions stated in this Agreement, you hereby agree that the following is a commercially reasonable security procedure for accessing your Mobile TIB service and authorizing instructions to us (including payment orders): (i) logging in with the Access Credentials of an Authorized User who is enrolled in Mobile TIB, and (ii) not accepting any instruction via Mobile TIB that could not be authorized via TIB using the same Access Credentials. You represent that the foregoing security procedure is commercially reasonable for your particular needs, considering the size, type and frequency of your Accounts and treasury internet banking activities. You acknowledge that your enrollment in Mobile TIB is not a required part of Bank’s TIB service. Any instruction received by us in good faith and in compliance with the foregoing security procedures shall for all purposes be effective as your authorized instruction, even if you did not in fact authorize or send it. (Please see, without limitation, the Section entitled “Security Procedure and User Guides”. If you no longer want a person to be enrolled in Mobile TIB, you are responsible for un-enrolling that person from Mobile TIB. Notify Bank AT ONCE if you have any information that the security of any Access Credentials might be compromised. You acknowledge that Mobile TIB service involves electronic transmission of information across wireless networks that are not under our control. You agree that we are not responsible for the privacy, security, accuracy or availability of your wireless data transmissions.

Appears in 4 contracts

Samples: Ss Agreement, Ss Agreement, Ss Agreement

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