Security Question & Answer definition

Security Question & Answer means the security question and answer that is created by the Sender and used by the Recipient to claim or decline an INTERAC e- Transfer;
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Security Question & Answer means the word or phrase created by the sender of an Interac e-Transfer and used by the recipient to claim or decline the transfer using Interac e-Transfer Services.
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Security Question & Answer means an answer used to verify the identity of a User when the User resets the User’s Compliant Password.
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Examples of Security Question & Answer in a sentence

  • The answer to the Security Question & Answer should be something that is known only to you and the Recipient to help prevent unauthorized access to the e-Transfer.

  • The Security Question & Answer should not be revealed in any optional message that accompanies the e-Transfer.

  • We will not be liable for any costs, expenses, losses or inconvenience that you may incur: (i) if a person other than the intended Recipient provides the correct Security Question & Answer and receives the transfer amount, (ii) as a result of the improper confirmation of an Autodeposit Recipient or the improper completion of a Request Money Transfer, or (iii) as a result of any act or omission of a third-party, including a Participating Financial Institution or CertaPay.

  • Except in the case of an Autodeposit Transfer, if you are a Recipient, you must provide the correct Security Question & Answer to claim or decline an e-Transfer.

  • If you are the Sender of an e-Transfer, you agree to create a Security Question & Answer and to keep it confidential.

  • If you are a Recipient, you agree not to disclose the Security Question & Answer to anyone.