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AgdaPkt 2015-08-24 Joint SA and PAF
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AgdaPkt 2015-08-24 Joint SA and PAF
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Last modified
9/8/2015 9:02:17 AM
Creation date
8/20/2015 7:19:56 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
8/24/2015
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TM-1440 Wire Transfer Service Description Page 3 of 5 <br />Revised 04-30-2014 <br />transmission of SWIFT messages between them as SWIFT requires from time to time. <br /> <br />5.3. Voice Initiation Method. <br />Bank's voice initiation security procedure consists of confirming (a) the personal <br />identification number ("PIN") accompanying a Payment Order corresponds with a valid PIN <br />assigned to Company for voice-initiated Payment Orders and (b) the voice print provided <br />when placing a Payment Order matches the voice print registered for the PIN holder. <br /> <br />5.4. SWIFT® (FIN) Initiation Method. <br />SWIFT has established procedures for controlling access to SWIFT messaging services <br />that may include access codes, message authentication codes, secure card readers, digital <br />signatures, and Hardware Security Modules. In addition, SWIFT authenticates certain <br />messages including without limitation Files based on SWIFT message type prior to <br />accepting them for routing as SWIFT messages. This authentication may include <br />confirming that the sender and recipient of the message have exchanged bilateral keys <br />(“BKE”), entered into a relationship management application (“RMA”) agreement, or taken <br />other steps to secure the transmission of SWIFT messages between them as SWIFT <br />requires from time to time. <br />6.1.D. - Page 114
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