OTP Token definition

OTP Token means the hardware that looks like a key ring which provides CLIENTs two-tier security when benefiting from Internet Banking services and is for a single use, which generates a password composed of eight digits.
OTP Token. (Basic OTP Token) means a device generates one-time passwords commonly used in transactions such as login, transfer via Internet/ Mobile Banking system.
OTP Token means the device issued to you for the purpose of generating the One Time Password.

Examples of OTP Token in a sentence

  • Seller shall complete the Boeing Supplier Portal registration and purchase a One Time Password (OTP) Token from Exostar via ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇ within forty-five (45) days of Contract award for each Seller representative requiring access.

  • Seller shall complete the Boeing Supplier Portal registration and purchase a One Time Password (OTP) Token from Exostar via ▇▇▇▇▇://▇▇.▇▇▇▇▇▇▇.▇▇▇/ within forty-five (45) days of Contract award for each Seller representative requiring access.

  • To have the suspension lifted, to apply for a new OTP Token pursuant to paragraph 5 below and/or to register a new mobile device, the Account Holder must do so at the Bank on the strength of his/her/its identification documents and the Authorized Signature Stamp.

  • If an OTP Token or any registered mobile device is lost, destroyed, stolen or otherwise taken by dispossession, the Account Holder shall notify the Bank immediately and complete the loss reporting procedures (including "termination" or "suspension").

  • Each identification number may only be used to activate one dynamic password generator (OTP Token) through Online banking or the Mobile banking App, while each identification number may be used to apply for multiple OTP Tokens and Corporate Mobile Passwords through Global MyB2B; each Corporate Mobile Password may only be activated and used on one App.

  • If the battery runs out for causes other than human damage within two years of the date on which the Account Holder applied for the OTP Token, the Account Holder may apply for a replacement at the branch where he/she/it originally applied for the Token.


More Definitions of OTP Token

OTP Token. (Basic OTP Token) means a specialized OTP code generation device, commonly used in transactions such as login, transfer via Online Banking system.
OTP Token means the software or hardware device or token issued or made available to you for the purpose of generating the One Time Password and for the purpose of your access to CIMB Clicks and use of the Banking Services.