Common use of DIRECT CONNECT SERVICE Clause in Contracts

DIRECT CONNECT SERVICE. The terms of this Section will govern your access and use of the Services offered by us made accessible through the Online Banking Service and your use of Direct Connect with Quicken® and QuickBooks® (the “Direct Connect Service”). The Direct Connect Service is an internet based service that is compatible with Direct Connect with Quicken® and QuickBooks®, and enables you access to your Account(s) and to certain electronic Services online. Your use of the Direct Connect Service to access your Account(s) and to facilitate certain Services is as identified in this Section. We reserve the right, without prior written notice to you, to place limits on your right to use the Direct Connect Service at any time and for any reason. Subject to our prior approval, your Direct Connect Service may include the following: (i) download balances on your linked Accounts; (ii) download Account transaction history; (iii) transfer funds between linked Accounts (limited to Accounts with like vesting); and (iv) initiate domestic Bill Payments. Additional Services may be added to or removed by us from time to time as reflected in the supporting documents or any related agreements for the Direct Connect Service, if any. Client may stop payment on a check by providing Bank with timely, complete and accurate information on the account number, date of the item, item number, payee and the exact amount (in dollars and cents) of the item. If any information is incomplete or incorrect, Bank will not be responsible for failing to stop payment on the item. Requests become effective when Bank has had a reasonable opportunity to confirm their receipt and have verified that the item has not been paid. Client may use the Online Banking Services to stop payment on checks that Client has written against Client’s Accounts. To confirm whether a stop payment has been placed on a check, Client agrees to communicate with Bank by telephone. System messages regarding Bank’s receipt of Client’s stop payment order, or other system communications may not be relied on by Client to confirm whether a stop payment order has been placed. Client may not use this check stop payment service to stop payment on any electronic fund transfer (EFT) transaction, point-of-sale EFT transfer; any cashier’s check, certified check or other official institution check that have purchased from Bank or any check which Bank has guaranteed. Client understands that its stop payment request is conditional and subject to Bank’s verification that the check has not already been paid, or any Online Banking Service not already performed, or that stopping payment may subject Bank to risk of loss or damages under any law or regulation (including clearing house or other processor rules). All Stop Payment orders, renewals and revocations of stop orders will be subject to Bank’s current policy on stop payment orders. From time-to-time, the System may be inoperable. If that occurs, Client’s request can be communicated to Bank by telephone. A check stop payment order is effective for twelve (12) months only and will expire automatically, at which time Client is responsible for any renewal desired by Client for another twelve (12) month term. There will be a fee assessed for each stop payment request processed. By downloading, browsing, accessing or using the Bank’s Business Mobile Banking Application (“Business Mobile Application”) Client agrees to be bound by these Terms and Conditions of Use. Bank reserves the right to amend these terms and conditions at any time without notice. If Client disagrees with any of these Terms and Conditions of Use, Client must immediately discontinue access to and use of the services on the Business Mobile Application.