Common use of Dual Control Clause in Contracts

Dual Control. You agree that to try to prevent possible bank fraud, to the extent possible, you will maintain dual control over monitoring banking activity in reviewing the periodic statements. For example, if the Account has two or more authorized signers or is a non- consumer Account, you agree to have two different people reviewing the information and prior banking transactions to verify the authenticity of same.

Dual Control. You agree that to try to prevent possible bank fraud, to the extent possible, you will maintain dual control over monitoring banking activity in reviewing the periodic statements. For example, if the Account has two or more authorized signers or is a non- non-consumer Account, you agree to have two different people reviewing the information and prior banking transactions to verify the authenticity of same.. The bank may also offer dual control products or services such as sending wires, ACHs, and making initiating other transactions. You may contact us at ▇▇▇-▇▇▇-▇▇▇▇ for assistance on establishing dual controls. The customer understands that