OTP code definition

OTP code means one-time password sent to Your verified e-mail address or phone number with Us which is used for the two-factor authentication in Our System, as detailed in Clause 7.1 below;
OTP code means one-time password provided to Client and sent by system of Lender/Lender’s partner to the Registered Phone when Client performs Request for Loan. Client hereby agrees that, entering the OTP code into system means that Client has agreed with the terms and conditions of this Agreement as Request for Loan.

Examples of OTP code in a sentence

  • Without entering the OTP code, the internet purchase cannot be completed at 3D-enabled Merchants.

  • BCR provides Clients with access to these components through Client identification based on Username (or Alias) and Token/eToken (OTP code).

  • In case the OTP code is entered incorrectly three consecutive times the Client will not be able to proceed with the purchase.

  • The Client will be asked to sign the order by entering the OTP code and clicking 'Submit' to proceed with the purchase.

  • If the Client does not receive the OTP code automatically the Client can send us a request for the OTP code to be sent again.

  • The Internet Banking service with access based on User Name and Token/eToken BCR (OTP code) for persons of age allows additionally to the ones above the following operations: (i) intra/interbank transfers in ▇▇▇ and foreign currency for all types of Accounts; (ii) scheduled payments without cyclicality; (iii) Standing Order payments; (iv) managing own trading limits.

  • BCR assures its Clients the access to these components by two identification option according to the relevant Convention: (i) the Client’s identification by User Name and Password and/or (ii) the Client’s identification by User Name and OTP code.

  • The Customer agrees that the OTP code is equivalent to his signature.

  • You will then be requested to enter the SMS (OTP) code you receive on your mobile device for further authentication and to obtain access to your account and your account details.

  • You will be asked to sign the order by entering your OTP code and clicking 'Submit' to proceed with the purchase.