Common use of Non-Bank Financial Institution Accounts Clause in Contracts

Non-Bank Financial Institution Accounts. We do not accept Non-Bank Financial Institutions (NBFI) offering financial services. Examples of NBFIs include but are not limited to: securities, investments, pawn brokers, seller/exchanger of precious metals including gold and silver, finance or loan companies. We do not service the following: (i) used car lots that accept payments directly, also known as “Buy Here/Pay Here” (ii) used car lots using floor plans (iii) dealership accounts. • Marijuana/Cannabis Related Businesses. We do not accept, service or process transactions, personal or business, for marijuana/cannabis/hemp related activity. If transactions are detected during account monitoring, the account will be restricted or closed depending on the circumstances. • Privately Owned ATMs. We do not accept businesses or personal accounts servicing privately owned ATMs. Servicing refers to the following: (i) replenishments (ii) ACH transactions directly related to servicing an ATM.