Internet Banking System definition
Examples of Internet Banking System in a sentence
Data transferred via the Internet Banking System is encrypted in an effort to provide transmission security and the Internet Banking System utilizes identification technology to verify that the sender and receiver of the Internet Banking System transmissions can be appropriately identified by each other.
Notwithstanding our efforts to insure that the Internet Banking System is secure, you acknowledge that the internet is inherently insecure and that all data transfers, including electronic mail, occur openly on the internet and potentially can be monitored and read by others.
If the change would result in increased fees for any Internet Banking System, increased liability for you, or stricter limitations on the frequency or dollar amount of transfers, we agree to give you notice at least thirty (30) days before the effective date of any such change, unless an immediate change is necessary to maintain the security of an account or electronic funds transfer system.
We make no warranty of any kind, expressed or implied, including any implied warranty of merchantability or fitness for a particular purpose, in connection with the Internet Banking System provided to you under this Agreement.
You understand the importance of your role in preventing misuse of your accounts through the Internet Banking System and you agree to promptly examine your paper statement of each of your Cornerstone Bank accounts as soon as you receive it.
Internet Banking System or the System – a set of technologies for remote banking services and execution of transactions by the Bank through software, hardware and telecommunication systems that enable interaction between the Bank and the Client by means of remote banking solutions.
You agree that we may terminate this Agreement and your use of Cornerstone Bank’s Internet Banking System at any time without cause or prior notice.
Further, in no event shall the liability of Cornerstone Bank and its affiliates exceed the amounts paid by you for the services provided to you through the Internet Banking System.
We reserve the right to temporarily suspend the Internet Banking System in a situation deemed appropriate by us, in our sole and absolute discretion, including when we believe a breach of system security has occurred or is being attempted.
We do not and cannot warrant that the Internet Banking System will operate without errors, or that any or all the services will be available and operational at all times.