BBVA Business Money Market Account Disclosure | Alabama

BBVA Business Money Market

Account Disclosure - Alabama

Minimum Opening Deposit $1,000

Monthly Service Charge $13

Requirements to avoid Monthly Service Charge will monthly Service Charge not apply in months when Average Daily Collected Balance is $4,000 or more.

Interest-Bearing Yes Interest is earned on the entire balance in your account. Please consult your account agreement and Relationship Summary Form for additional interest rate and interest calculation information.

Early Account Closing Fee $25 If account closed within 180 days of opening

ACCOUNT OPENING AND Stop Payment Fee $32 Per request made in a branch USAGE or by telephone to stop payment of an item

$25 Per request made online to stop payment on a check

Excess Transaction Fee $10 Excess Transaction Fee will be charged for each withdrawal transaction not made in-person over the monthly limit of 6

Branch Cash Deposit Fees $0.003 Per dollar deposited. For example, if you deposit $1,000, you will be charged a $3.00 Branch Cash Deposit Fee.

Other Service Fees Please consult your Miscellaneous Fee Schedule for a list of additional service fees. Fee to Use BBVA USA ATMs $0 for using BBVA USA ATM to ATM FEES complete any transaction

BBVAUSA Fee to Use $3 per transaction+ Another Bank's ATM +ATM and/or service fees charged by other banks and ATM owners may also apply.

International Service Fee 1% of transaction amount (ATM)

International Service Fee 3% of transaction amount (non-ATM) International Transactions are those transactions using your ATM or Debit Card made outside of the United States, even those in US dollars. A full description of the currency conversion process is contained in your ATM/Debit Card Agreement.

Insufficient Funds Charge $38 Per returned item presented (NSF) - Returned Item against insufficient funds

Deposited Item Returned $12 For each item that you Fee deposit or cash that is rejected by the payor bank ($25 for foreign items)

OVERDRAFT FEES Insufficient Funds Charge $38* Per overdraft item covered (NSF) - Paid Item by the bank

*NSF Charge – Paid Item Fee is not charged on an item that causes the available balance on your account to be overdrawn by $1.00 or less.

Certain withdrawal transactions from savings and money market accounts may result in the account being reclassified as non- interest bearing if limits are exceeded. The following withdrawal transaction types are limited to six (6) per month: transfers to another deposit account with BBVA or to a third party by means of a pre-authorized agreement, telephonic request, check, debit TRANSACTION LIMITS card, draft or similar order (including Online Banking transfers and sweep transfers from a savings or money market account). There is no limit on the number of withdrawal transactions from such accounts when made in person at a BBVA banking office or at an automated teller machine. Withdrawal transactions of any type in excess of the Excess Transaction Fee limit will be subject to a fee.

As required by Federal Law. BBVA reserves the right to require WITHDRAWALS account holders to provide at least seven (7) days' notice prior to withdrawal or transfer of funds. BBVA offers savings and investment accounts with various rate structures to meet your needs. BBVA pays interest on "net usable funds" at variable interest rates set by BBVA management from time to time at its discretion. "Net usable funds" means collected funds less any reserve imposed on that type of account by the INTEREST EARNINGS Federal Reserve and less any reserve imposed by Bank management to cover various costs, such as those associated with deposit insurance. All interest rates and reserves applicable to the accounts described in this schedule are available from BBVA upon request. A taxpayer identification number will be required in accordance with IRS regulations.

Posting Order We process and post transactions - both The order in which withdrawals and credits (including deposits) and debits - deposits are processed throughout the day. This approach allows us to more closely match the posting of transactions on your account with the timing of your actual account activity. Note: Deposits received and posted late in the day will not cover payments and withdrawals posted earlier the same day.

Summary of Our Deposit Hold Policy • Cash deposit with Teller or ATM: When funds deposited to your account same business day as the day of are usually available for deposits less deposit than $5,525 and absent exceptional circumstances - see the Account • Agreement for a detailed description of Direct deposit or wire transfer: same our policy. business day as the day of deposit

• Check deposit with Teller or ATM: PROCESSING POLICIES same business day as the day of deposit

• Remote Deposit Capture: same business day as the day of deposit

• If something causes a longer hold on a deposit, the first $225 of that deposit will generally be made available the same business day as the day of deposit.

A "business day" is a non-holiday weekday. At branches, business days end at closing time and at ATMs business days end no earlier than 1 pm. Remote Deposit Capture business days end at 8 pm CST.

Dispute Resolution Agreement If a dispute arises between us, you or we may require that it be resolved through arbitration, rather than through jury trial. DISPUTE RESOLUTION Please see the arbitration and waiver of jury trial provisions in your Consumer Deposit Account Agreement for additional details. HOW INTEREST IS EARNED ON YOUR ACCOUNT

The daily balance method is used to calculate the interest on the account. This method applies a daily periodic rate to the daily collected balance in the account each day. For tiered rate accounts, the rate corresponding to your daily Collected Balance will be applied to your entire daily Collected Balance. Interest on deposits begins to accrue no later than the business day on which we receive credit for the deposit. Accrued interest that is credited to the balance in the account on the first business day of the following statement cycle. Accrued interest that is credited to the balance in the account begins to earn interest no later than the next business day and compounds with each statement cycle. If you close your account or convert your account to a non-interest earning account before accrued interest, if any, is credited, you will not receive the accrued interest. A taxpayer identification number will be required to earn interest on these accounts.

Collected Balance is your account balance minus any funds you have deposited that have not been collected from the financial institution on which the deposited funds are drawn.

RELATIONSHIP PRICING INFORMATION

Your relationship with BBVA will be reviewed at the end of each calendar month for the application of Relationship Pricing. At that time, the interest rate and APY applied to your account will be determined based on the Relationship Base Rate Chart, the Total Deposit Balance Rate Component chart and the Additional Relationship Rate Component chart (your “Relationship Rate”). Your Relationship Rate will be determined by adding the applicable Relationship Base Rate and the Rate Components together. Please see Relationship Review disclosure below for more information. Each Annual Percentage Yield in the chart below (APY) is current as of July 09, 2021. APY and interest rates are variable and subject to change at any time at our discretion. We may change any Rate Component at any time, which means your interest rate and APY may change.

Relationship Base Rate Chart

DAILY COLLECTED BALANCE INTEREST RATE ANNUAL PERCENTAGE YIELD

Less than $10,000 0.010% 0.01%

$10,000 to $19,999.99 0.010% 0.01%

$20,000 to $49,999.99 0.010% 0.01%

$50,000 to $99,999.99 0.010% 0.01%

$100,000 to $249,999.99 0.010% 0.01%

$250,000 to $999,999.99 0.010% 0.01%

$1,000,000 to $2,499,999.99 0.010% 0.01%

$2,500,000 to $4,999,999.99 0.010% 0.01%

$5,000,000+ 0.010% 0.01%

RELATIONSHIP PRICING COMPONENTS:

Total Deposit Balance Rate Component: Your Total Deposit Balance is determined by adding the Posted Balance in your business checking, business savings, business money market and CD accounts with the Bank at the time of relationship review. Accounts and relationships will be reviewed at the end of each calendar month. See Relationship Review disclosure below for additional information. TOTAL DEPOSIT BALANCE TIERS INTEREST RATE ANNUAL PERCENTAGE YIELD

Less than $250,000 0.000% 0.00%

$250,000 to $999,999.99 0.010% 0.01%

$1,000,000 or more 0.020% 0.02%

Additional Relationship Rate Component: Relationships eligible for the Additional Relationship Rate Component include:

• Checking Account Component: If you have a BBVA business checking account with a minimum end of month Posted Balance of $25,000.00.

• Qualifying Business Lending Component: If you have one or more active Business loans or Business lines of credit with a total end of month outstanding balance of at least$25,000.00; or a BBVA Mortgage Loan (not lines) of any balance. Not all loans qualify; please see the Qualifying Loans note below.

Accounts and relationships will be reviewed at the end of each month. See the Relationship Review note below.

NUMBER OF ADDITIONAL INTEREST RATE ANNUAL PERCENTAGE YIELD RELATIONSHIPS

One Additional Relationship 0.010% 0.01%

Two Additional Relationships 0.020% 0.02%

Miscellaneous Fees and Charges

This Fee Schedule provides additional fees relating to your deposit account. Please see the Non-Consumer Deposit Account Agreement, your Relationship Summary Form and the Non-Consumer Deposit Account Terms & Conditions for your account for more information.

CASH PROCESSING SERVICES

The following service charges apply to cash deposits processed at a branch or night depository. For high volume cash processing, Cash Vault services are available with pricing provided upon request.

BRANCH/NIGHT DROP CASH PROCESSING

Unprocessed Bags $1.00/ bag

Deposit Adjustments $5.00 each

Full Bag $2.50 each

Partial/Mixed Bag $5.00 each

Bag of Unstrapped Bills $5.00 each BRANCH OUTGOING CURRENCY

Change Order $4.00 each

Full Strapped Currency $0.45 each

Partial Strapped Currency $0.50 each

Box of Rolled Coins $3.50/ box

Rolled Coin $0.15/ roll

Supplies: (includes Deposit Bags, Currency Straps, Coin At cost Wrappers, Coin Tags, Coin Seals)

COLLECTION SERVICES

Collection Item

Incoming (Customer) $20.00

Outgoing (Customer) $20.00 (all states except NM) $25.00 (NM only)

International $20.00 + costs

STATEMENT AND RESEARCH SERVICES

Reconcile Statement $25.00/hour

Research $25.00/hour

Copy or Fax $3.00/each

Special Statement* $7.00

*A special statement may include but not be exclusive to the following: daily statement, duplicate statements, hold statements and statement printouts.

RETURNED ITEMS AND NOTIFICATIONS

Special Notification - Telephone $8.00 ($11.00 for BBVA Business Savings accounts)

Special Notification - Overnight $4.50 + courier charges (FedEx, etc.)

Special Notification - Fax $10.00

Rerun Deposited Item $12.00

Notice of Postdated Item Fee $25.00/item (all states except NM) $28.25 (NM only) OTHER SERVICE CHARGES

Business Personalized Debit Card Fee $10.00/card

Deposit Correction Fee $2.50/item

Frozen Account Status Fee $50.00/month

Garnishments/Levies $150.00 + attorney fees

1 Inter-Account Transfer Fee $12.00/day in which there is a transfer (all states except CA) $9.00/day in which there is a transfer (CA only)

Overdraft Protection Line of Credit Transfer Fee $12.00/transfer

Reject Item >1.5% $.50/item

Telephone Transfer Fee $3.00 each

WIRE SERVICES 2

Incoming Domestic Wire $15.00

Incoming Domestic Wire with confirmation $18.00

Outgoing (Non-Repetitive) Domestic Wire $30.00

Outgoing (Repetitive) Domestic Wire $25.00

Outgoing Domestic Wire with confirmation $35.00

Manual BRS Wire Surcharge $10.00

Incoming International Wire $15.75

Outgoing International Wire $50.00

Intra-BBVA USA Transfer $5.00

Internal Book Transfer via Fed wire system Debit Fee $4.50

Internal Book Transfer Fee $3.00

Manual BRS Inter-Account Transfer $6.00

1 The Inter-Account Transfer Fee will be posted to your primary account at the end of the day on which any transfer(s) occurred.

2 Fees may apply for wires initiated manually with Business Relationship Services (BRS).

Additional Details about Relationship Pricing Additional Details about Relationship Pricing

*Relationship Review: Accounts and balances are reviewed on the last calendar day of each month to determine your Total Deposit Balance Rate Component and Additional Relationship Rate Component. Any Relationship Rate changes will be made on the 20th calendar day after your relationship is reviewed. When the 20th day falls on a non-Business Day, changes to your Relationship Rate will be made on the next Business Day. For accounts opened without a promotional rate, your relationship will be reviewed at the end of the calendar month that your account is opened. For accounts opened with a promotional rate, your relationship will initially be reviewed at the end of the promotional period (based on your relationship at the end of the most recent evaluation month) and then at the end of each calendar month thereafter.

Qualifying Loans: Qualifying loans are business loans and business lines of credit, except for overdraft protection lines of credit (ODP LOC), Commercial Agriculture Loans, and Business Letters of Credit which are excluded from the relationship pricing calculator. Additionally, business credit cards might take up to 90 days to be evaluated for Relationship Pricing, however, no retroactive interest will be credited or applied for Business Credit Cards.

Rev. 7/2021

© BBVA USA has been acquired by The PNC Financial Services Group, Inc., and is operating as an affiliate of PNC Bank, N.A. (“PNC”) until BBVA USA is merged into PNC, which is anticipated to happen later this year. Until then, BBVA USA will continue to offer independent products and services, which may include different product features, underwriting guidelines, terms, fees, and pricing. If you would like to learn more about PNC’s products, you can do so by visiting PNC. com.