online banking
AGREEMENT
1. General
Information
This Rider governs the Customer's use of the
Bank's Bill Payment Service (the "Service"). Under this Rider, the Customer
authorizes and directs the Bank to act upon all requests to access certain
information and to effect certain transactions, as set forth below, from the
Customer's checking, savings and money market deposit accounts maintained at
the Bank as from time to time set forth in the Customer's service agreements
with the Bank, as from time to time in effect (the "Accounts").
This Rider is governed by the Online Banking
Agreement and Disclosure between the Customer and the Bank (as from time to
time amended, supplemented and replaced, the "Online Banking
Agreement"). Terms used in this Rider and not otherwise defined herein
shall have their respective meanings as set forth in the Online Banking
Agreement.
2.
Agreement
If you enroll in the online banking Bill Payment
and Presentment ("Bill Payment") service, you may receive and
pay your bills online to payees in the United States. You must have a checking,
savings or money market account with us and be enrolled in online banking in order to use the Bill Payment service. By enrolling in
the Bill Payment service, you authorize us to debit or charge your designated
account for any and all amounts necessary to complete
your scheduled payment. We may remit your payments by paper check, electronic
funds transfer, or other means. You may link multiple accounts to the Bill
Payment service – each time you schedule a payment, you will choose which
account from which to make your payment. By linking an account to the Bill
Payment service and scheduling a payment, you represent and warrant to us that
you are authorized to make withdrawals or transfers from that account. Your
payment will become part of your online banking transaction history after the
amount of the payment has been deducted from your designated account.
3.
SCHEDULING PAYMENTS
You may schedule payments to occur once or on a
recurring basis. In addition, in certain circumstances you may schedule
payments to occur automatically upon receipt of an electronic bill. Payments
may not be scheduled to occur on any day that is not a business day or more
than one year in the future. Generally, any recurring payment scheduled to
occur on a day other than a business day will occur on the next business day.
You should schedule payments to occur at least
four business days prior to the date on which your payment is due to ensure
they reach the payee by the due date. We are not responsible for mail delays or
for any late charges, fees, interest, penalties, or other losses you may incur
because you have not provided a sufficient time – and in any event at least
four business days – for your payment to reach your payee before the payment
due date. It is your responsibility to provide complete and accurate payee
information so that we may direct your payment to the proper payee. It is also
your responsibility to provide the correct account from which the payment is to
be made. We will not be responsible for errors, accidental payments, or
incorrect payments if we delivered the payment in question according to
instructions provided by you.
We will deduct scheduled payments from your
designated payment account within two business days of the scheduled payment
date for payments made electronically. We will deduct payments made by check at
the time the check is presented for payment by the payee. You agree that your payment may not be
completed or delivered if there are insufficient funds in the payment account.
You agree not to schedule any payment unless you have and will have on the
scheduled payment date funds in the payment account sufficient to make the
scheduled payment in full. We may, but are not obligated to, cancel any
scheduled payment if there are insufficient funds in the account on the
scheduled payment date. If we choose to complete the scheduled payment
regardless of insufficient funds, you may have an overdraft and will be liable
for the overdraft and overdraft fees and charges as set forth in the Terms and
Conditions of Your Account and Fee Schedule. We will
notify you if we cancel a scheduled payment because of insufficient funds. We
reserve the right to terminate your access to the Bill Payment service or to the
service, and to cancel all existing and future scheduled payments, if you
schedule or make a payment without sufficient funds in your payment account.
4.
Transactional CUT-OFFS
The cut-off time for submitting payments through
the Bill Payment service is 3:00 p.m. Central Time. Payments submitted prior to
3:00 p.m. Central Time on a business day will be processed on the same business
day. Payments submitted after 3:00 p.m. Central Time on a business day, or on a
Saturday, Sunday, or bank holiday, will be processed the next business day.
5.
Transactional LIMITS
|
|
Transaction Limit |
Daily Limit |
|
MapleMark Checking or Savings |
$5,000 |
$5,000 |
|
Gold Checking or Money Market |
$10,000 |
$10,000 |
|
Platinum Checking or Money Market |
$20,000 |
$20,000 |
No payment made through the Bill Payment service
may exceed $20,000.00. In addition, the total amount of all payments made
through the Bill Payment service in a single day may not exceed $20,000.00.
As well, by federal law,
Savings and Money Market Accounts are limited to a total of six (6) withdrawals
per month by automatic or pre-authorized transfer, telephone, online, or mobile
banking, or wire transfer. You will be subject to the Excess Items Fee shown in
our current Fee Schedule for each transfer in excess
of six (6) per month; charged monthly.
Repeated withdrawals exceeding the six (6) allowed per month may require us to
close the account and re-open it into a checking account that offers unlimited
transactions.
6.
PROHIBITED PAYMENTS
You may not use the Bill Payment service to make
payments to federal, state, or local tax agencies or to pay alimony, child
support, or other governmental taxes, fees, penalties, or court-ordered
payments. You may not use the Bill Payment service to make payments to payees
located outside the United States or to any payee who does not accept checks.
In addition, we reserve the right to refuse to make a payment to any payee and
to cancel your enrollment in the Bill Payment service at any time for any
reason.
We reserve the right from time to time to place
new or different restrictions on payments submitted through the Bill Payment
service and to change any other requirements of the Bill Payment service.
7.
CANCELLATION OF PAYMENTS
You may cancel a scheduled payment any time
before 3:00 p.m. Central Time on the day the payment is submitted to us. Future
scheduled payments may be cancelled prior to 3:00 p.m. Central Time on the date
prior to the payment processing date.
When you cancel a bill
payment, you are responsible for any necessary notification or changes with the
payee. Stopping a payment for a bill that we automatically pay has no effect on
future bills from the same payee. If you want to cancel automatic or recurring
payment for all future bills, you must cancel the payment rule for the payee
In addition, as described in the Online Banking
Agreement’s section entitled "Your Right to Stop Preauthorized
Transfers," you have a right to cancel regularly recurring scheduled
payments at least five business days prior to the scheduled payment date. To
cancel a scheduled payment, log on to the service through the online banking
website and follow the instructions on the Pay Bills screen of the Bill Payment
menu.
8.
FEES
The Bill Payment service is free; however, there
is a fee for expedited payments. This
fee, dependent on the method of payment, will be disclosed to you at the time
of transaction for your review and approval.
9. E-Bill
RECEIPT
You may be eligible to receive bills from some
payees electronically through the Bill Payment service. We do not control the
electronic bills provided to you – the payee decides whether to provide
electronic bills, what information they need to provide them, and when they
will make your electronic bills available. It is your responsibility to contact
the payee if you do not receive an electronic bill. We are not responsible in
the event you or a payee does not timely provide us the information required to
access your electronic bills. All questions regarding your electronic bills
should be directed to the payee.
In order to access a payee's website to obtain an electronic bill, we may ask
you for identifying information such as your user identification number,
password, and login information. By providing this information, you authorize
us to access the payee's web site to retrieve your account information on your
behalf and appoint us your agent for that purpose.
If you wish to stop receiving electronic bills
for a particular payee, you may do so by changing your
electronic bill preferences in the Bill Payment section of the online banking
website or by calling our Customer Service Center at 1-866-698-5760.
For
an additional fee, as part of the Bill Payment service, you may schedule a bill
payment to process on an expedited basis.
Availability – Expedited
payments are available for a limited number of payees - based on biller capabilities,
time of day, delivery mechanisms and other factors. In some cases, expedited processing will not
be available for the bill payment you wish to schedule; if expedited processing
is not available for a payment, the expedited processing option will not appear
on the screen. We do not process paper checks on an overnight basis to payees
with P.O. boxes or payees located in Alaska, Hawaii, or any address outside of
the contiguous 48 states or the District of Columbia.
Processing – An
expedited payment will be processed overnight either by electronic or paper
check and in most cases will be delivered to your
payee account the next day.
Fees – In addition to normal
expedited payment fees, you may be assessed an additional fee in the event we process
your expedited payment by check.
Limits – Generally, limits for expedited payments are the same as
regular payments. Please refer to the
table above for account-type specific limits.
Exceptions may apply.
Responsibilities – You are responsible for entering and
verifying any address for overnight check payments to
ensure it is correct and is specified as a valid overnight packaged address by
the biller. The Bank is not responsible
for late delivery where you have entered an undeliverable address for an
overnight check.
Cancelling Payments – Due
to the inherent need to expedite the payment, payment instructions will be
completed immediately upon submission of a request by you. You will not have the ability to edit or
cancel the payment instruction after you have confirmed the payment
request.
Additional Terms – In
addition, all expedited payments are subject to all other restrictions
applicable to the Bill Payment service.
11. Service
Termination and Changes in Dollar Limits
You agree we may cancel your access to the Bill
Payment service, without prior notice, upon the occurrence of any of the
following events, or any other event that creates an unanticipated liability
for this Institution:
§ Any of your accounts with us are not current or
are not in good standing.
§ You have had an overdraft, an over-limit item,
or an item returned for insufficient funds with respect to any account during
the current or three prior calendar months.
§ You have had any prior Bill Payments canceled,
revoked, or not completed due to insufficient funds, revoked authorization,
stopped payments, frozen accounts, or any similar reason.
Furthermore, we may change the dollar limits for
Bill Payments at any time. Any decrease will be subject to notice, as required
by law, but you agree that we may reduce your limits without prior notice upon
occurrence of any of the events listed in this section of the Agreement.
12.
Governing Law and Relation to Other
Agreements
Accounts and services provided by the Bank may
also be governed by separate agreements with you. This Agreement supplements
any other agreement(s) and/or disclosures related to your account(s) and
provided to you separately.
This Agreement shall be governed by and
construed in accordance with federal laws and the laws of the States of Texas
and Oklahoma, without regard to its conflicts of laws
provisions.
REVISED 2018.04