With the Account Management Service, you can set up individual account access levels (including individual access to Bill Pay) in online banking. There is a monthly account management fee of $15.00, which is waived for the first three (3) calendar months after registration for the Service. The monthly account management fee is eliminated if you have Business Advantage Checking. 6/ For outgoing international transfers, the money will be debited from your Bank of America bank account on the business day you ask us to initiate the processing of the transfer. Bank of America sends the payment that business day and, with the exception of bank transfers, the recipient`s bank usually receives the money 1-2 business days later and the funds are usually credited to the recipient within 2 business days. See section 5.F for special rules for transfers. You agree that we may send notices and other communications, including access code confirmations, to the current address specified in our records, whether or not that address contains a designation for delivery to a specific person. You further agree that Bank of America will not be liable to you in any way if any information is intercepted by an unauthorized person, whether during transmission or at your place of business. You agree to: 1) keep your password secure and strictly confidential and make it available only to the authorized signatories of your account(s); 2) tell anyone you give your password to that they cannot disclose it to unauthorized persons; and 3) notify us immediately and choose a new password if you believe that your password has been brought to the attention of an unauthorized person. Bank of America will not be liable to you for any unauthorized payment or transfer using your password made before you have notified us of any possible unauthorized use and we have had a reasonable opportunity to respond to such notice. We may suspend or cancel your password even without receiving such notice from you if we suspect that your password is being used in an unauthorized or fraudulent manner. For businesses that use the additional services described in the Business Services Addendum, this section applies to all online banking access codes, including those assigned to users or administrators. You are responsible for all transactions made by you and all named users, including administrators, whether or not you expressly authorize the transactions.
If you inform us that the person is no longer authorized, only transactions that they make after the time you notify us will be considered unauthorized. Payroll services include self-service options (“Intuit ® online Payroll”) and expert help (“Intuit Full Service Payroll ®”). There are two levels of Intuit online ® payroll self-service options: Basic and Enhanced. Basic supports direct deposit. Enhanced supports direct deposit and also provides government and multi-state tax services. In the future, we may remove Intuit`s® payroll services or add new ones. Send us a secure online email or call us at 800.432.1000, you agree that any service provider that helps us provide Cash Flow Monitor may rely on your approval and issuance of a limited power of attorney, the disclaimer and limitation of liability sections in this addendum above, and such providers are third party beneficiaries of this Agreement for the purposes of these sections. Power to apply these provisions, if any. Let us know immediately if you believe your online banking password has been compromised or if anyone has transferred or may transfer money from your account without your permission.
The best way to minimize your loss is to call us immediately. Unauthorized use of your online banking services can cause you to lose all your money in your accounts, as well as all the amounts available under your overdraft protection plan. This Agreement does not apply to transfers that you may make at any of our branches, through an ATM or individual voice answering system over the phone (an “IVR”). This Agreement also does not apply to online transactions for commercial, non-profit or public customers. We provide to you and are subject to this Agreement in accordance with applicable law. 4/ You will be charged $25 for each transfer tracking you ask us to do for you. International transfers may incur additional fees charged by intermediary banks, receivers and beneficiaries. 22. Hyperlinks. We may choose to display one or more hyperlinks on the Service`s website from time to time. A hyperlink is a highlighted word or phrase in a document that you can use to click another section of the same document or to another document on the Internet. A hyperlink may allow you to click on a Third Party site over which we have no control.
We expressly disclaim all liability for the content, products and services provided on the linked third-party websites. The Bank is not responsible for the failure of products or services advertised on third-party websites. You should be aware that third-party websites may have privacy policies that differ from our privacy policy. It is your responsibility to review the privacy policies on linked third-party websites to determine whether those policies are acceptable to you. Linked third-party websites may offer less security than the Bank`s website. b. If there is a delay or interruption in the provision of the Service or in the execution of the online transactions you request due to the actions of so-called hackers or crackers, viruses or denial-of-service attacks; I. Internal Transfers Section 2A of your Service Agreement will be revised so that the following limits and cut-off times apply to transfers between your Bank of America and Merrill accounts. Transfer of transfer to $Limit 1 and deadline Your chequing/savings account Your chequing/savings account $9,999,999.99 22:45 ET2 Your chequing/savings account Your investment account $9,999,999.99.99 16:45 AND Your investment account Your chequing/savings or loan account $100,000.00 per calendar day; $250,000 per week 16:45 Et2.3 Your chequing/savings account Your loan account $9,999,999.99 22:45 ET3 Your credit card/business line/home equity line of credit Your chequing/savings or loan account $9,999,999.99 $22:45 ET2.3 There are no receipt limits for internal transfers between your own accounts. 1 Bank of America Private Bank, Merrill, or Small Business accounts may have higher limits.
2 Transfers to a Bank of America checking or savings account made after the deadline specified above, but before 11:59 p.m. .m .m. on a business day in the state where the checking or savings account was opened, it will be recorded in your transaction history from the next business day, but will be included in the balance we use to pay for transactions that night. This process can have an impact if fees apply to your account. 3 Funds transferred as payment to an eligible credit card, business line of credit, home equity line of credit during the draw period (“HOME EQUITY LINE”), installment loan or mortgage (collectively, “Loan Accounts”) after the applicable deadline specified above, but before 11:59 p.m.m..m. AND will be credited from the date the payment is submitted. It may take up to 2 business days for these updates to be reflected in your account balances, availability of funds, and transaction booking. II. Section 5B of your Service Agreement will be revised so that the following limits, fees and cut-off times apply to ACH and bank transfers. .
