Common use of Limits and Fees Clause in Contracts

Limits and Fees. Following is the schedule of standard limits and fees. All limits and fees are subject to change at any time. Account to Account Transfers Using the Transfer Service Standard Transfers Duration: 3-5 Business Days Limits Minimum $20.00 per transfer Maximum $1,000.00 per transfer Maximum 3 transfers per day Maximum $1,000.00 per day Maximum 5 transfers per week Maximum $3,000.00 per week Fees Transfers into Washington Trust account is $0.00 Transfers out of Washington Trust account is $0.00 Failed Transfer fee is $30.00 Restrictions You can only transfer funds into or out of a Washington Trust account. You cannot initiate a transfer directly between two non-Washington Trust accounts. Express Transfers Duration: 1-2 Business Days Limits Minimum $20.00 per transfer Maximum $1,000.00 per transfer Maximum 3 transfers per day Maximum $1,000.00 per day Maximum 5 transfers per week Maximum $3,000.00 per week Fees Transfers into Washington Trust account is $0.00 Transfers out of Washington Trust account is $6.00 Failed Transfer fee is $30.00 Restrictions You can only transfer funds into or out of a Washington Trust account. You cannot initiate a transfer directly between two non-Washington Trust accounts. The source account should have been used within the service, at least once 30 days prior to use the next day service. Your service should be in good standing (i.e. there should not be any failed transfers within the last 90 days). Subject to some limitations based on account type or designation, checking, savings and money market accounts (excluding retirement plans, IRAs and CDs) may be set up with the Transfer Service. Organizations that offer brokerage and/or loan accounts may allow external transfers. Prior to establishing an external transfer between Washington Trust and a brokerage or loan account, we advise you request confirmation that external transfers are permitted. You shall be solely responsible for the accuracy and completeness of transactions processed through this Service. We shall not be responsible for any errors in the instructions or requests for cancellation or amendment of instructions transmitted by you to us or our processor. While you agree to maintain a sufficient balance for all transactions made using the Transfer Service; we may (without prior notice and when permitted by law) set off the funds in any account, including accounts linked to the Service, against any due and payable debt you owe us now or in the future. You agree to hold us harmless from any claim arising as a result of our exercise of our right of offset. We may reject any transaction made using this service should sufficient funds not be available within the account that you hold with us. If you fail to fund the Account as required, then we may refuse you use of the external transfer service. We will make reasonable effort to ensure that all transactions initiated through the Transfer Service on a Business Day are posted to your account on that Business Day. By accepting the terms and conditions of this Agreement, if any account is a joint account, all account owners are bound by the terms and conditions set forth in this Agreement. These activities are limited to the extent noted below and, in the agreements, governing various accounts. You should refer to these agreements for restrictions and service charges or fees. If a transaction has occurred using the Transfer Service that you did not initiate, please contact us within 60 days of the date of the transaction appears on a periodic statement to file a Written Statement of Unauthorized Debit from your account. We can be contacted at 000-000-0000, at xxxx@xxxxxxxxx.xxx or visit a local branch. LOAN PAYMENTS When you use the Service to make payments on your Washington Trust loan, please note that any payment that is more than one current payment amount may be applied to reduce your outstanding principal balance. Any payment less than one current payment amount may not be applied. If you intend to make a specific payment outside of your regular payment amount, contact our Loan Operations Department at 000-000-0000 or at 000-000-0000. Payments made after normal business hours will post on the next business day. EXTERNAL LOAN PAYMENTS The Washington Trust Company External Loan Payment Transfer Service is an electronic, internet-based service that enables you to make payments to your Washington Trust Company Loan using a deposit account that you have at another Financial Institution. You authorize The Washington Trust Company, to electronically debit your designated account, and if necessary, to electronically credit such account in order to make a payment on your Loan as specified. Overview By submitting the payment information, you authorize The Washington Trust Company to originate an ACH transaction from your other Financial Institution, to credit your Loan with us. Charges or Fees We reserve the right to charge a fee for this service. Please refer to our Consumer Fee Schedule for information regarding any fees for this service. You agree to pay such fees and charges and you authorize The Washington Trust Company through the External Loan Payment Transfer service to charge the designated account at your other Financial Institution for these amounts. Any fees and charges associated with your loan will continue to apply per the Terms and Conditions of your Loan Agreement.

Limits and Fees. Following is the schedule of standard limits and fees. All limits and fees are subject to change at any time. Account to Account Transfers Using the Transfer Service Standard Transfers Duration: 3-5 Business Days Limits Minimum $20.00 per transfer Maximum $1,000.00 per transfer Maximum 3 transfers per day Maximum $1,000.00 per day Maximum 5 transfers per week Maximum $3,000.00 per week Fees Transfers Transf ers into Washington Trust account is $0.00 Transfers Transf ers out of Washington Trust account is $0.00 Failed Transfer Transf er fee is $30.00 Restrictions You can only transfer funds into or out of a Washington Trust account. You cannot initiate a transfer directly between two non-Washington Trust accounts. Express Transfers Duration: 1-2 Business Days Limits Minimum $20.00 per transfer Maximum $1,000.00 per transfer Maximum 3 transfers per day Maximum $1,000.00 per day Maximum 5 transfers per week Maximum $3,000.00 per week Fees Transfers Transf ers into Washington Trust account is $0.00 Transfers Transf ers out of Washington Trust account is $6.00 Failed Transfer Transf er fee is $30.00 Restrictions You can only transfer funds into or out of a Washington Trust account. You cannot initiate a transfer directly between two non-Washington Trust accounts. The source account should have been used within the service, at least once 30 days prior to use the next day service. Your service should be in good standing (i.e. there should not be any failed transfers within the last 90 days). Subject to some limitations based on account type or designation, checkingChecking, savings and money market accounts (excluding retirement plans, IRAs and CDs) may be set up with the Transfer Transf er Service. Organizations that offer brokerage and/or loan accounts may allow external transferstransf ers. Prior to establishing an external transfer between Washington Trust and a brokerage or loan account, we advise you request confirmation that external transfers are permitted. You shall be solely responsible for the accuracy and completeness of transactions processed through this Service. We shall not be responsible for any errors in the instructions or requests for cancellation or amendment of instructions transmitted by you to us or our processor. While you agree to maintain a sufficient balance for all transactions made using the Transfer Service; we may (without prior notice and when permitted by law) set off the funds in any account, including accounts linked to the Service, against any due and payable debt you owe us now or in the future. You agree to hold us harmless from any claim arising as a result of our exercise of our right of offset. We may reject any transaction made using this service should sufficient funds not be available within the account that you hold with us. If you fail to fund the Account as required, then we may refuse you use of the external transfer transf er service. We will make reasonable effort to ensure that all transactions initiated through the Transfer Service on a Business Day are posted to your account on that Business Day. By accepting the terms and conditions of this Agreement, if any account is a joint account, all account owners are bound by the terms and conditions set forth in this Agreement. These activities are limited to the extent noted below and, in the agreements, governing various accounts. You should refer to these agreements for restrictions and service charges or fees. If a transaction has occurred using the Transfer Service that you did not initiate, please contact us within 60 days of the date of the transaction appears on a periodic statement to file a Written Statement of Unauthorized Debit from your account. We can be contacted at 000-000-0000, at xxxx@xxxxxxxxx.xxx or visit a local branch. LOAN PAYMENTS When you use the Service to make payments on your Washington Trust loan, please note that any payment that is more than one current payment amount may be applied to reduce your outstanding principal balance. Any payment less than one current payment amount may not be applied. If you intend to make a specific payment outside of your regular payment amount, contact our Loan Operations Department at 000-000-0000 or at 000-000-0000. Payments made after normal business hours will post on the next business day. EXTERNAL LOAN PAYMENTS The Washington Trust Company External Loan Payment Transfer Service is an electronic, internet-based service that enables you to make payments to your Washington Trust Company Loan using a deposit account that you have at another Financial Institution. You authorize The Washington Trust Company, to electronically debit your designated account, and if necessary, to electronically credit such account in order to make a payment on your Loan as specified. Overview By submitting the payment information, you authorize The Washington Trust Company to originate an ACH transaction from your other Financial Institution, to credit your Loan with us. Charges or Fees We reserve the right to charge a fee for this service. Please refer to our Consumer Fee Schedule for information inf ormation regarding any fees for this service. You agree to pay such fees and charges and you authorize The Washington Trust Company through the External Loan Payment Transfer service to charge the designated account at your other Financial Institution for these amounts. Any fees and charges associated with your loan will continue to apply per the Terms and Conditions of your Loan Agreement.