Common use of Security Protocol Clause in Contracts

Security Protocol. Bank and Customer shall agree to Security Protocols that must be used in connection with authorized Service(s). The specific Security Protocol for each Service is described in the Business Online Banking Terms or the applicable Service Terms in Article IV of this Agreement. Customer acknowledges and agrees that it has been informed of and understands Bank’s Security Protocol and that such Security Protocol is commercially reasonable. Customer agrees to be bound by any Payment Order, transaction or service change Order that is acted upon by Bank in accordance with such Security Protocol.

Security Protocol. Bank and Customer shall agree to Security Protocols that must be used in connection with authorized Service(s). The specific Security Protocol for each Service is described in the Business Online Digital Banking Terms or the applicable Service Terms in Article IV of this Agreement. Customer acknowledges and agrees that it has been informed of and understands Bank’s Security Protocol and that such Security Protocol is commercially reasonable. Customer agrees to be bound by any Payment Order, transaction or service change Order that is acted upon by Bank in accordance with such Security Protocol.