Common use of Electronic Authorizations Clause in Contracts

Electronic Authorizations. Depending on specific Services used by Company where the transfer of funds occur, security tokens are required to electronically authorize the transfer of funds by requiring an Individual to enter a OTP provided by security token at the time of approval and processing for the transfer of funds. For Services that require electronic authorizations via security tokens, fees are disclosed within the fee schedule or any other fee proposal provided in writing for Services.

Appears in 2 contracts

Sources: Treasury Management Master Services Agreement, Treasury Management Master Services Agreement