1. Online banking transactions are conducted through the PKI system.
ABC has provided a secure PKI system for online banking transactions to be conducted in an encrypted tunnel (a secure channel where the transactions are carried out between the customers and ABC on the internet).
2. The ID authentication of both parties towards the transactions is based on digital certificates.
Online transactions through the secure tunnel are based on the check of these digital certificates between the customers and ABC (a two-way check of the "electronic ID cards" of the customers and ABC).
3. The results of the transactions shall be signed electronically.
The results of the transactions between the customers and ABC shall be signed digitally by the customers using a private key (as if the customers sign it with an "electronic stamp").