Common use of Security Question and Answer Clause in Contracts

Security Question and Answer. The Customer will comply with the requirements prescribed by Royal Bank, other financial institutions, and Interac with respect to security questions and answers, including the security obligations under Section 6 (Security and Electronic Banking) of the Legal Terms and Conditions. The Customer will ensure security questions and answers are unique and not easily guessed, including by not using a birth date, name, telephone number, social insurance number, or sequential numbers, or any other Security Device used by the Customer. The Customer will ensure security questions and answers are known only to the Person the Customer intends to claim the e-Transfer, and not disclosed to any other Person. The Customer will not use the email, text message, or any optional message that may accompany the e-Transfer to send an e-Transfer security question or answer. If the Customer is a Recipient, the Customer will not disclose the e-Transfer security question or answer to anyone.