Dual Sign-Off in this extension means that any cheque payment or electronic money transfer receives prior approval by at least two approved signatories; and that the person reconciling the Insured’s bank statements being a different person to the one that operates those bank accounts.
Dual Sign-Off in this Included Cover means that any cheque payment, cash withdrawal or electronic money transfer receives prior approval by at least two approved signatories and that the person reconciling the Insured’s bank statements is a different person to those allowed to authorise withdrawals on those bank accounts.
Dual Sign-Off in this extension means that any cheque payment or electronic money transfer receives prior approval by at least two approved signatories; and that the person reconciling the Insured’s bank statements is a different person to the one that operates those bank accounts. The cover provided by this extension is not subject to Exclusion 6.15.
Examples of Dual Sign-Off in a sentence
They want to be fully engaged in the process so as to have a fair opportunity to express their concerns.
Agent Carries out OSDC checks Dual Sign-Off During discussions with Professor Chris Dibben and Dr Lee Williamson, an idea was posed that more trust could be placed with the researchers themselves.
A method by which this could be allowed would be a Dual Sign-Off system.