Passive Authorization definition
Passive Authorization means the scope of authorization of the Representative in relation to the provision of Bank Services, allowing depiction/notification of the state of Bank Services and not allowing the creation of Instructions. As regards a minor Client, Passive Authorisation shall mean the scope of authorisation of the Representative in relation to Internet Banking of the Client which allows depiction/notification of the state of Bank Services, but not the creation of Instructions. For a Client who is a minor, the Representative is allowed active access to the Client’s Loyalty System within the framework of the Passive Authorisation, which can be carried out via Internet Banking. For a Client with limited legal capacity, the Passive Authorisation shall mean the scope of the Representative’s authorisation in relation to the Client’s Internet Banking and/or Phone Banking, which enables the display/notification of the status of Bank Services and does not enable the creation of Instructions, while under the Passive Authorisation, the Representative shall be granted active access to the Client’s Loyalty System, which may be performed through Internet Banking and Phone Banking.