Depository Services - Safety Features of Speed-e
Axis Bank offers e-Depository services, an internet based service which lets you submit delivery instructions inelectronic formusing a service called Speed-e. Some of the safety features of Speed-e include date and time display, secure password and smart cart with digital signature.
Speed-e displays the date and time when the user had last accessed his account through Speed-e and thus you can keep track of the access to your account.
Password Users can give debit instructions only in favour of three pre-notified settlement (pool) accounts of brokers. The details of the pre-notified accounts can be given at the time of registration. This reduces risk as credits can be restricted only to these accounts. Only alphanumeric combination is allowed as password. Further, as an additional safety measure, User is required to change the Password after every 60 days to avoid prolonged use of same password.
Instruction submitted by Smart Card User is digitally signed by the User, which ensures the integrity of the instruction and authenticity of the User's authentication.