NetCode SMS is a highly effective yet convenient authentication system requiring single-use passwords to authorise certain NetBank activities and transactions. The single-use password is sent to your mobile phone via an SMS message and only remains valid for 2 minutes. A NetCode may be sent via CommBank app instead of SMS if you have installed and registered the CommBank app (on a compatible iOS or Android device) with notifications enabled. View the video below to see how CommBank app NetCode notifications work.
Traditional authentication relies on ‘something you know’ such as a password or security questions. Adding a second layer of security requiring ‘something you have’ such as a mobile phone protects you from evolving online threats such as financial crimeware and identity theft. As the NetCode SMS single-use password is sent directly to your mobile phone, cyber criminals are unable to authorise fraudulent transactions.
You can register for your free NetCode security upgrade via the ‘SMS Security’ page, accessed from the ‘Security’ menu in NetBank.