Common use of Identity Confirmation Clause in Contracts

Identity Confirmation. (1) When using the Service, Users shall call the telephone number designated by the Bank and input a 3-digit branch code, a 7-digit account number (hereinafter collectively referred to as "Account Number") and a personal identification number in accordance with the method designated by the Bank. When the Bank confirms the input Account Number and personal identification number with the Account Number and the personal identification number registered with the Bank, the Bank will deem that such caller is the User him/herself and shall provide Services and effect transactions. (2) If the Bank has provided Services after confirming that the Account Number and personal identification number of the User Account inputted from a telephone in the method prescribed by the Bank are the same as the Account Number and personal identification number registered with the Bank for such User Account, the Bank shall not be held responsible for any damages caused by unlawful use of such numbers or any other accidents. (3) Personal identification numbers are very important for confirming the identity of the User in receiving the Services. Therefore, Users shall treat them with care so that they will not be disclosed to third parties. (4) If the wrong personal identification number is input for a prescribed number of times, transactions will be suspended. In such case, please contact the branch you are dealing with or the Bank Call Center.

Appears in 2 contracts

Sources: Customer Agreement, Customer Agreement