Alert Options Clause Samples
The "Alert Options" clause defines the procedures and requirements for notifying relevant parties about specific events or conditions under the agreement. Typically, this clause outlines the methods of communication (such as email or written notice), the timeframe within which alerts must be sent, and the types of situations that trigger an alert, such as breaches, delays, or changes in circumstances. Its core practical function is to ensure timely and effective communication between parties, thereby reducing misunderstandings and enabling prompt responses to important developments.
Alert Options. FSB Digital Banking offers both automated security Alerts and general Alerts.
a. Security Alerts are set to keep your Accounts safe and alert you when certain changes to your Account occur, such as your password is changed, your login ID is changed, or a change was made to your user profile.
b. General Alerts include Account Alerts, History Alerts, Online Transaction Alerts and Reminders based on criteria conditions set by you. You can select which delivery method you would like to receive your Alerts;
i. Email – An email notification is sent when the criteria conditions you set are triggered.