Strict customer definition

Strict customer authentication" shall mean the authentication that is based on the use of two or several elements included under the category of knowledge held (something only the user knows), possession (something only the user owns) and inherence (something representing the user), which are independent, and the compromising of one element does not lead to the reliability of the other elements being compromised, and which are designed so as to protect the confidentiality of authentication data.

Examples of Strict customer in a sentence

  • FinCEN further encourages MSBs to adopt policies and procedures that incorporate the Basel Committee Statement of Principles on Money Laundering, which urges: Establish Customer Relationships Strict customer identification and verifica- tion polices and procedures can be a financial institution’s most effective weap- on against money laundering.

  • Strict customer protection in favor of the client and neutrality are considered agreed.

  • As the housing market recovers there may be periods of sharp increases in prices over a short period.

  • Strict customer deposits performed particularly well, increasing by 718 million euros, while funds managed off- balance-sheet were up 4.3%.

Related to Strict customer

  • DMA Customer means a Customer of a Sponsoring Broker where representatives of the Customer that are natural persons are designated by the Sponsoring Broker to have Trading Access to the SEF Platform using the Participant ID of the Sponsoring Broker and where such Customer signs the DMA Customer Documentation.

  • Host Customer means the customer account directly connected to a Customer-Generator Facility or Community Energy Facility, or, for a stand-alone Community Energy Facility, the customer account as designated by the Subscribers who share the energy production of the Community Energy Facility.

  • Indigent Customer means the head of an indigent household:-

  • End-Use Customer means a person or entity in Delaware that purchases electrical energy at retail prices from a Retail Electricity Supplier.

  • End Customer means any party that is licensed to receive the Data either directly or via a Redistributor or group of Redistributors.

  • Network Customer means an entity receiving transmission service pursuant to the terms of the Transmission Provider’s Network Integration Transmission Service under Tariff, Part III. Network External Designated Transmission Service:

  • New Customer has the meaning set forth in Section 17.3(b).

  • Customer means the State agency or other entity identified in a contract as the party to receive commodities or contractual services pursuant to a contract or that orders commodities or contractual services via purchase order or other contractual instrument from the Contractor under the Contract. The “Customer” may also be the “Buyer” as defined in the PUR 1001 if it meets the definition of both terms.

  • Business Customer means a customer who is not a residential customer.

  • Retail customer means any person that purchases retail electric energy for its own consumption at

  • Relevant Customer means a person, firm or company who during the period of twelve months immediately preceding the Termination Date conducted a business relationship (including, without limitation, the provision of services and the negotiation for the same) with the Company or any Group Company and with whom the Executive had significant contact as an employee of the Company;

  • TCP Customers We will not impose Credit Management Charges unless the Charges are a reimbursement of our costs and you are advised of their amount or method of calculation.

  • End User Customer means a third party retail Customer that subscribes to a Telecommunications Service provided by either of the Parties or by another Carrier or by two (2) or more Carriers.

  • household customer means a customer purchasing electricity for his own household consumption, excluding commercial or professional activities;

  • Significant Customer has the meaning set forth in Section 5.22(a).

  • Small customer means a retail customer that has an individual load with an average monthly demand of less than 5,000 kilowatts.

  • Supplier means the successful bidder who is awarded the contract to maintain and administer the required and specified service(s) to the State.

  • Customer relationship means a continuing relationship between a consumer and a licensee under which the licensee provides one or more insurance products or services to the consumer that are to be used primarily for personal, family or household purposes.

  • service supplier means any person that supplies a service;

  • wholesale customer means a natural or legal person purchasing electricity for the purpose of resale inside or outside the system where he is established;

  • Joint custody means (i) joint legal custody where both parents retain joint responsibility for the

  • Prospective Customer means any individual, corporation, trust or other business entity which has either (a) entered into a nondisclosure agreement with the Company or any Company subsidiary or affiliate or (b) has within the preceding 12 months received a currently pending and not rejected written proposal in reasonable detail from the Company or any of the Company’s subsidiary or affiliate.

  • Major Customer has the meaning set forth in Section 3.22.

  • active customer means a customer or a group of jointly acting customers who consume, store or sell electricity generated on their premises, including through aggregators, or participate in demand response or energy efficiency schemes provided that these activities do not constitute their primary commercial or professional activity;

  • Supplier/Contractor means the individual, firm or company with whom the contract has been concluded for supplying the Goods and Services under the Contract. The Supplier/Contractor shall be deemed to include its successors (approved by the purchaser), representatives, heirs, executors, administrators and permitted;

  • financial service supplier means any natural or juridical person of a Party wishing to supply or supplying financial services but the term “financial service supplier” does not include a public entity;