If dual control does not align with your business’s operational needs, you may opt out by completing and submitting the bank’s required documentation. However, using dual control is a recommended best practice to prevent costly fraud losses.
As part of that process, you will be required to acknowledge that dual control has been offered and recommended by the bank, select the alternative security procedures that will apply to your transactions, and acknowledge and accept the risks and responsibilities associated with declining or failing to use dual control, as provided in the bank’s Business Online and Treasury Management Services Agreement and Disclosures and related documentation.