Common use of User Management Definitions Clause in Contracts

User Management Definitions. The Bank sets Group Level categories for assigning the first layer of rights and limits for Users. At the Customer Level, there are two classifications, Household or Commercial, and beneath that tier level there are Users. Rights and limits are passed down from the Group Level. User permissions and authority for OB Services, within those tiers, are prescribed, granted and set in accordance with these Management definitions and may be limited. Dual approval controls are available (e.g., for Commercial customers).

User Management Definitions. The Bank sets Group Level categories for assigning the first layer of rights and limits for Users. At the Customer Level, there are two classifications, Household or Commercial, and beneath that tier level there are Users. Rights and limits are passed down from the Group Level. User permissions and authority for OB Services, within those tiers, are prescribed, granted and set in accordance with these Management definitions and may be limited. Dual approval controls are available (e.g., for Commercial Commerical customers).. Transaction Security