Security Question and Answer Clause Samples

The Security Question and Answer clause establishes a method for verifying a party's identity by requiring them to provide a predetermined answer to a specific question. In practice, this clause is often used during account recovery, password resets, or when additional authentication is needed to access sensitive information. Its core function is to enhance security by adding an extra layer of identity verification, thereby reducing the risk of unauthorized access.
Security Question and Answer. The Customer will comply with the requirements prescribed by Royal Bank, other financial institutions, and Interac with respect to security questions and answers, including the security obligations under Section 6 (Security and Electronic Banking) of the Legal Terms and Conditions. The Customer will ensure security questions and answers are unique and not easily guessed, including by not using a birth date, name, telephone number, social insurance number, or sequential numbers, or any other Security Device used by the Customer. The Customer will ensure security questions and answers are known only to the Person the Customer intends to claim the e-Transfer, and not disclosed to any other Person. The Customer will not use the email, text message, or any optional message that may accompany the e-Transfer to send an e-Transfer security question or answer. If the Customer is a Recipient, the Customer will not disclose the e-Transfer security question or answer to anyone.
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Security Question and Answer. The Customer will comply with the requirements prescribed by Royal Bank, other financial institutions, and Acxsys with respect to security questions and answers, including the security obligations under Section 6 (Security and Electronic Banking) of the Legal Terms and Conditions. The Customer will ensure security questions and answers are unique and not easily guessed, including by not using a birth date, name, telephone number, social insurance number, or sequential numbers, or any other Security Device used by the Customer. The Customer will ensure security questions and answers are known only to the Person the Customer intends to claim the e-Transfer, and not disclosed to any other Person. The Customer will ensure security answers have leading and trailing white spaces trimmed, are in uppercase, and MD5 hashed and Base64 encoded. The Customer will not use the email, text message, or any optional message that may accompany the e-Transfer to send an e-Transfer security question or answer. Royal Bank, other financial institutions, and Acxsys are entitled to pay an e-Transfer to a Person who correctly responds to the security question and answer, whether or not the Person is the intended Recipient. Acxsys keeps on file only one security question and answer per Recipient. If a security question or answer is changed for a Recipient, it overrides any previously saved security question and answer for that Recipient and applies to all outstanding e- Transfers for the Recipient. The new security question or answer will enable the Recipient to accept any previously sent e-Transfers that have not yet been claimed, expired, or cancelled. If the Customer does not want a Recipient to receive an outstanding e-Transfer, the e-Transfer must be canceled by the Customer before it is claimed.
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Related to Security Question and Answer

  • Questions and Answers Questions must be submitted via email to ▇▇▇▇▇.▇▇▇▇▇@▇▇.▇▇▇▇▇▇▇.tx.us by Wednesday, March 03, 2021 at 5:00 P.M. Responses to submitted questions will be emailed to all participants who obtained their procurement packet directly from ▇▇▇▇▇▇▇ County Purchasing Department by Friday, March 05, 2021. Telephone inquiries will not be accepted.

  • Errors, Questions, and Complaints a. In case of errors or questions about your transactions, you should as soon as possible contact us as set forth in Section 6 of the General Terms above. b. If you think your periodic statement for your account is incorrect or you need more information about a transaction listed in the periodic statement for your account, we must hear from you no later than sixty (60) days after we send you the applicable periodic statement for your account that identifies the error. You must: 1. Tell us your name; 2. Describe the error or the transaction in question, and explain as clearly as possible why you believe it is an error or why you need more information; and, 3. Tell us the dollar amount of the suspected error. c. If you tell us orally, we may require that you send your complaint in writing within ten (10) Business Days after your oral notification. Except as described below, we will determine whether an error occurred within ten (10) Business Days after you notify us of the error. We will tell you the results of our investigation within three (3) Business Days after we complete our investigation of the error, and will correct any error promptly. However, if we require more time to confirm the nature of your complaint or question, we reserve the right to take up to forty-five (45) days to complete our investigation. If we decide to do this, we will provisionally credit your Eligible Transaction Account within ten (10) Business Days for the amount you think is in error. If we ask you to submit your complaint or question in writing and we do not receive it within ten (10) Business Days, we may not provisionally credit your Eligible Transaction Account. If it is determined there was no error we will mail you a written explanation within three (3) Business Days after completion of our investigation. You may ask for copies of documents used in our investigation. We may revoke any provisional credit provided to you if we find an error did not occur.

  • Investor Questionnaire The undersigned represents and warrants to the Company that all information that the undersigned has provided to the Company, including, without limitation, the information in the Investor Questionnaire attached hereto or previously provided to the Company (the “Investor Questionnaire”), is correct and complete as of the date hereof.

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  • Conflict of Interest Questionnaire - Form CIQ No response Do not upload this form unless you have a reportable conflict with TIPS. There is an Attribute entitled “Conflict of Interest Questionnaire Requirement” immediately followed by an Attribute entitled “Conflict of Interest Questionnaire Requirement – Form CIQ – Continued.” Properly respond to those Attributes and only upload this form if applicable/instructed. If upload is required based on your response to those Attributes, the Conflict of Interest Questionnaire – Form CIQ must be downloaded from the “Attachments” section of the IonWave eBid System, reviewed, properly completed, and uploaded at this location.