Common use of Online Security Clause in Contracts

Online Security. Bank and Customer acknowledge that the use of any banking services via an online channel or through a Mobile Device introduces risks that may not be present in other service channels or using other equipment, requiring additional diligence by each party. Customer warrants that its use of the Service ( and the Mobile Banking Service, if applicable) shall be undertaken with a full understanding of and in compliance with the provisions of the General Terms and Conditions dealing with” Security “and “Computer Based Services,” and Customer agrees by using any Service that the required Credentials and Security Procedures required by Bank, as in effect from time to time, are a commercially reasonable approach to securing the Service from unauthorized use.