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The Florida Senate

2010 Florida Statutes

F.S. 670.201

Security procedure.

“Security procedure” means a procedure established by agreement of a customer and a receiving bank for the purpose of:


Verifying that a payment order or communication amending or canceling a payment order is that of the customer; or


Detecting error in the transmission or the content of the payment order or communication.

A security procedure may require the use of algorithms or other codes, identifying words or numbers, encryption, callback procedures, or similar security devices. Comparison of a signature on a payment order or communication with an authorized specimen signature of the customer is not by itself a security procedure.


s. 1, ch. 91-70.