Online Banking Password Definition | Law Insider (2024)

  • Online Banking is the internet-based service providing access to your Bank account(s);

  • Mobile Banking Service means the EB Services which we enable you to access via the Mobile Banking App or a web browser designed for use on a Mobile Device; and

  • Digital Banking (a) means our present and future online banking services which can be accessed through 365 Online, Business Online, Bank of Ireland Mobile Banking, and services available on www.bankofireland.com; and

  • Internet Banking means the service we offer by which you can access and transact on a nominated account by using a personal computer and accessing via our website. This includes transactions processed through the mobile banking facility as well as the smartphone app facility.

  • Telephone Banking Service or “TBS” means any banking service operated over the telephone (by whatever name it may be known as) offered by the Bank, in connection with the Service Instructions and includes but is not limited to such services respectively known as Self Service Phone Banking and CitiPhone Banking; and

  • Mobile Banking means the banking services accessible from the Device you have registered with us for Mobile Banking.

  • Telephone Banking means banking services available from time to time by telephone;

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • BC Bid Website means www.bcbid.gov.bc.ca;

  • Password is the customer-generated code selected by you for use during the initial sign-on, or the codes you select after the initial sign-on, that establishes your connection to the Service;

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • NYFRB’s Website means the website of the NYFRB at xxxx://xxx.xxxxxxxxxx.xxx, or any successor source.

  • Customer Account Information means personally identifiable information including Personal Data and Consumption Data. Customer Account Information also includes information received by the Company from the customer for purposes of participating in regulated utility programs, including, but not limited to bill pay assistance, shutoff protection, renewable energy, demand-side management, load management, or energy efficiency.

  • account information service means an online service to provide consolidated information on one or more payment accounts held by the payment service user with either another payment service provider or with more than one payment service provider;

  • Data Services The Customer will receive a discount equal to 25% for the following Data Services: Access: Standard VBS2 Guide local loop charges for DS-1 Access and DS-3 Access Service.

  • Username means an alphanumeric login identification used by the Client for accessing the Service.

  • Corporate Services Provider means Computershare Trust Company of Canada, a trust company formed under the laws of Canada, as corporate services provider to the Liquidation GP under the Corporate Services Agreement, together with any successor corporate services provider appointed from time to time;

  • Relationship Manager means the individual who is appointed by us from time to time and notified to you in writing as your relationship manager in relation to the relevant services provided to you under these Terms and/or provided by our Associate;

  • Financial Management Manual means the Financial Management Manual, referred to in paragraph B of Schedule 4 to this Agreement, that sets out the financial and accounting arrangements for Implementing Partners and the Recipient’s entities, in form and substance satisfactory to the Association;

  • Account Information Service Provider means a payment service provider pursuing business activities as referred to in point (8) of Annex I;

  • Financial Services Provider means any Lender and any other provider of financial services or products;

  • FRBNY’s Website means the website of the FRBNY at xxxx://xxx.xxxxxxxxxx.xxx, or any successor source.

  • Subscriber Management System means a system or device which stores the subscriber records and details with respect to name, address and other information regarding the hardware being utilized by the subscriber, channels or bouquets of channels subscribed by the subscriber, price of such channels or bouquets of channels as defined in the system, the activation or deactivation dates and time for any channel or bouquets of channels, a log of all actions performed on a subscriber’s record, invoices raised on each subscriber and the amounts paid or discount allowed to the subscriber for each billing period;

  • Online Services means Microsoft-hosted services to which Customer subscribes under this Agreement. It does not include software and services provided under separate license terms.

  • SOFR Administrator’s Website means the website of the Federal Reserve Bank of New York, currently at xxxx://xxx.xxxxxxxxxx.xxx, or any successor source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time.

  • Information processing system means an electronic system for creating, generating, sending, receiving, storing, displaying, or processing information.

  • Online Banking Password Definition | Law Insider (2024)

    FAQs

    Online Banking Password Definition | Law Insider? ›

    Online Banking Password means the password chosen by you in respect of an Account for access to Online Banking which must be used, together with any other Verification Mechanism, every time Online Banking is used.

    What does online banking password mean? ›

    Genie Definition 1

    Online Banking Password means a unique sequence of alphanumeric characters chosen or received for confidential use to gain access to Online Banking.

    What is the meaning of online password? ›

    A password is a string of characters used to verify the identity of a user during the authentication process. Passwords are typically used in tandem with a username; they are designed to be known only to the user and allow that user to gain access to a device, application or website.

    What should the password be for online banking? ›

    Passwords should be at least eight characters long and include a combination of letters, numbers and symbols. As a general rule, the longer the password, the stronger it becomes.

    What is User ID and password in online banking? ›

    In simple terms, a User ID is a unique identifier that links your banking profile to you. It is what tells the bank's system that it's indeed you who's trying to access your account. But it does more than just identify you: It personalises your net banking experience: Your User ID is not just a string of characters.

    What is the difference between profile password and password in internet banking? ›

    The Profile password must be different from the login password. Ensure that you set a profile password that consists of a combination or numbers, letters and special characters / images so that it remains difficult to crack. You will be asked to select a hint question and give an answer to the same.

    Is mobile banking password the same as online banking? ›

    If you know what is Internet Banking and use this facility, you might already have a username and password to log in to your bank's online banking portal. However, your online banking credentials cannot be used to log in to your bank's mobile app. You will have to apply for Mobile Banking separately.

    What is the simple definition of password? ›

    A Password is a word, phrase, or string of characters intended to differentiate an authorized user or process (for the purpose of permitting access) from an unauthorized user, or put another way, a password is used to prove one's identity, or authorize access to a resource.

    How do online passwords work? ›

    Password hashing turns your password (or any other piece of data) into a short string of letters and/or numbers using an encryption algorithm. If a website is hacked, password hashing helps prevent cybercriminals from getting access to your passwords.

    Why a pin is better than an online password? ›

    A PIN is local to the device -- it isn't transmitted anywhere and it isn't stored on the server. When the PIN is created, it establishes a trusted relationship with the identity provider and creates an asymmetric key pair that is used for authentication.

    Does net banking require password? ›

    For the first time you login to your internet banking account, you will need to use the password provided by the bank. However, you need to change this password in order to keep your account safe. In addition, keep changing your password at regular intervals.

    How do I find my net banking password? ›

    You can generate Net Banking password online by following the below mentioned steps:
    1. Click on Need Help option on login screen and then click on “I want to generate my password”
    2. On the next screen you will be prompted to enter the CRN/username or Card number.

    How do I find out my bank account password? ›

    To reset your password, complete the following steps:
    1. Click on the Visit My Bank Online button to access the main login screen.
    2. Enter your User ID and click Continue.
    3. Complete the added security layer by clicking on the 'Continue with Security Code' button, then choose to have the code sent via text or phone.

    Why do I need a user ID and password? ›

    To prevent other people from using your account via your userid, you are required to have a password. A password allows you and only you to access the computer system through your userid. It basically proves to the computer system that you are who you say you are.

    How do I find out my bank password? ›

    Forgot Password?
    1. Click on the Visit My Bank Online button to access the main login screen.
    2. Enter your User ID and click Continue.
    3. Complete the added security layer by clicking on the 'Continue with Security Code' button, then choose to have the code sent via text or phone.

    How do I create an online banking password? ›

    Strong passwords help protect your online banking accounts.
    1. Use phrases that are easy to remember. Instead of combining one or two shorter words, use phrases or short sentences that contain letters, numbers, and symbols. ...
    2. Implement a combination of letters, numbers, and symbols. ...
    3. Test your password. ...
    4. Change your password.

    What happens if I forgot my online banking password? ›

    Go to your bank's net banking website and click on the 'Forgot Password' or 'Reset Password' option. Enter your user ID or account number and other required details.

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