Internet Business Banking Service Agreement - Union Bank

More documents

Recommendations

Info

electronic bills. The time for notification may vary from Payee to Payee. You are responsible for ensuring timelypayment of all bills.v. Cancellation of electronic bill notification. The electronic Payee reserves the right to cancel thepresentment of electronic bills at any time. You may cancel electronic bill presentment at any time. Thetimeframe for cancellation of your electronic bill presentment may vary from Payee to Payee. It may take up tosixty (60) days, depending on the billing cycle of each Payee. The Service will notify your electronic Payee(s) asto the change in status of your account and it is your sole responsibility to make arrangements for analternative form of bill delivery. The Service will not be responsible for presenting any electronic bills that arealready in process at the time of cancellation.vi. Non-Delivery of electronic bill(s). You agree to hold the Service harmless should the Payee fail todeliver your statement(s). You are responsible for ensuring timely payment of all bills. Copies of previouslydelivered bills must be requested from the Payee directly.vii. Accuracy and dispute of electronic bill. The Service is not responsible for the accuracy of yourelectronic bill(s). The Service is only responsible for presenting the information we receive from the Payee. Anydiscrepancies or disputes regarding the accuracy of your electronic bill summary or detail must be addressedwith the Payee directly.This Agreement does not alter your liability or obligations that currently exist between you and your Payees.15. TRANSFERS. The following types of transfers are available with the Service:For Personal Accounts Only:(a) Transfers between an Activated Account and an account owned by you at another financialinstitution. You may transfer funds between (to or from) your Activated Account with us and any otheraccount owned by you (or your business) at another U.S. financial institution that supports and permitssuch transfers. Such transfers settle within three Business Days.(b) Transfers from an Activated Account to an account at another financial institution that you do notown or that we have not verified or an account at Union Bank not owned by you (“Unverified Account”).You may make transfers from an Activated Account to an Unverified Account at another U.S. financialinstitution that supports and permits such transfers. Such transfers settle within two Business Days.For both Personal and Business Accounts:(c) Wire Transfers. You may initiate a wire transfer from an Activated Account to a destination within theUnited States. Transaction limits apply. For security reasons, we may require additional verification of youridentity prior to authorizing the wire transfer. All wire transfers are subject to the terms and conditions of theUnion Bank Master Funds Transfer Agreement. A wire transfer fee will be imposed for a completed wiretransfer. Refer to the applicable Account Agreement for more information.(d) Transfers between Activated Accounts (CONSUMER AND BUSINESS). You may transfer the amount ofavailable funds from anActivated Account owned by you to another Activated Account. Transfers to and from your UnionBank Activated Accounts are usually effective immediately if the “from” account has adequate funds andsecurity controls are met.
To make transfers of the type described in paragraph (a) or (b) above, you must follow procedures in theService to verify your ownership of an account at another financial institution or follow setupprocedures to establish an Unverified Account to receive the transfer. You agree that you will notattempt to add accounts to your Service that you do not have the authority on which to transfer funds.At our discretion, we may establish customer eligibility requirements for transfers. We may further establishlimits on amount and frequency of transfers. We may change such eligibility requirements and transfer limitswithout prior notice to you. If a transfer exceeds current limits, it will not be processed. Funds availability andcutoff times are set forth in Section 22 of this Agreement. If there are insufficient available funds in an accountyou designate to make a transfer, or if making a transfer would cause your line of credit account to exceed yourcredit limit, we may refuse or reverse the transfer. If we choose, we may complete the transfer by overdrawingyour account or by making an advance on your line of credit in excess of your credit limit. We may charge a feefor each transfer request that would overdraw your account (or exceed your credit limit), whether or not wecomplete the transfer. Each transfer made from a line of credit account will be treated as a loan advance.16. MOBILE BANKING. Your enrollment in the Service enables you to access certain features and functionalityof the Service by use of an electronic wireless device, such as mobile telephones or tablet devices (“MobileBanking”). Mobile Banking requires you to have a mobile device with Internet capability.(a) The following types of account transactions may be completed by using Mobile Banking: 1) View accountbalance; 2) View transaction history; 3) Initiate a single (not recurring) bill Payment to an established bill payee;4) Perform a funds transfer between Union Bank accounts owned by you; 5) View pending bill Payments; and 6)View pending transfers. Additional Mobile Banking services may be available for mobile devices with certaintechnical capabilities. See Section 18 of this Agreement regarding Mobile Check Deposit.(b) No fees are assessed to enroll in Mobile Banking, to access Mobile Banking, or to complete the types oftransactions described immediately above. You may, however, incur charges from your telecommunicationscarrier when sending or receiving messages to your wireless device. You may also incur charges to receiveInternet service on your mobile device. Union Bank will not be responsible for any such charges that you mayincur.(c) You acknowledge and agree that the Mobile Banking service is dependent upon the functionality of thetelecommunications or Internet service provider that supports your mobile device. Union Bank is notresponsible for the unavailability or temporary interruption of Mobile Banking due to service interruptions orfailure of the device or telecommunications service provider.(d) Information you provide in connection with Mobile Banking service will be stored on Union Bank’s secureservers and protected by advanced encryption techniques. As with all electronic banking, security is contingentupon your responsible behavior in protecting your User ID and password and your mobile device. You shouldavoid conducting any Mobile Banking transaction in view of others and should never abandon your devicebefore your transaction is completed.17. TRANSACTION ALERTS AND NOTIFICATIONS. Your enrollment in the Service allows you to elect to receivetransaction alerts and notifications (“Alerts”). Alerts are electronic notices from us that contain transactionalinformation about the Union Bank account(s) you have designated (“Designated Account”). For example, Alertsmay include information about the receipt of wire transfers or other credits to an account, about withdrawalsthat exceed a certain dollar amount, or the status of Payments.
Page 1 and 2: Online Banking and Online Banking f
Page 3 and 4: Notice sent to any account owner sh
Page 5 and 6: Web Administrator.Each Web Administ
Page 7 and 8: your Activated Accounts at any time
Page 9 and 10: (d) Payment Authorization and Remit
Page 14 and 15: (a) By subscribing to the Alerts fe
Page 16: are not responsible for any loss or
Page 19 and 20: and are credited to the receiving a
Page 21 and 22: 26. YOUR LIABILITY FOR UNAUTHORIZED
Page 23 and 24: Business Days after we complete our

Internet Business Banking Service Agreement - Union Bank

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?