What is a one time password?

What is a one time password?

A one-time password is a six digit number sent to your mobile phone via SMS or via a security token, required when making certain transactions in online banking. A different password is generated each time you use one-time password security.

If I have a security token, can I also use SMS for one-time password?

Yes, you can be registered to use both SMS and a security token to generate a one-time password. Each time you conduct a secure transaction, you will be given a choice of which one-time password method you would like to use to generate your one-time password.