Mobile Banking, Online Banking, and Bill Pay Terms and Conditions 4
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Q. How Do I Enroll for Online Banking? A. You May Access Our Website at and in the Top Right Corner There Is an Orange Box for Online Banking
Q. How do I enroll for Online Banking? A. You may access our website at www.guarantystate.com and in the top right corner there is an orange box for Online Banking. Under the User ID box there is a link that says “Enroll for Online Banking”. Clicking the link will open a new webpage where you will be prompted to confirm your identity which must match what we have on file, create your sign-on and review your information. Should you have any problems, don’t hesitate to contact us at any of our locations. Q. Is there a fee for Online Banking? A. No, Online Banking is available free of charge to all Guaranty State Bank & Trust Company customers. Q. Is Online Banking safe? A. Guaranty State Bank & Trust Company uses state-of-the-art firewalls and security to protect client accounts and identities. We do this by: • Using Secured Socket Layer (SSL) data encryption. • Requiring clients to use a browser with 128-bit encryption. • Never displaying Social Security Numbers over the Internet. • Automatically disconnecting Online Banking sessions after 10 minutes of inactivity. • Requiring a unique Online Banking ID and password to be entered before access is granted to account information. • Utilizing a Password Security System. To keep unauthorized individuals from accessing client accounts by guessing their password, we have instituted a password lockout system. If a password is entered incorrectly three consecutive times, the user is “locked out” of the system. • “Out-of-band Authentication” which manages what computer you access your online banking from and should the IP address change, you will be required to enter a 5 digit code that will either be sent by phone call or text message. -
(Automated Teller Machine) and Debit Cards Is Rising. ATM Cards Have A
Consumer Decision Making Contest 2001-2002 Study Guide ATM/Debit Cards The popularity of ATM (automated teller machine) and debit cards is rising. ATM cards have a longer history than debit cards, but the National Consumers League estimates that two-thirds of American households are likely to have debit cards by the end of 2000. It is expected that debit cards will rival cash and checks as a form of payment. In the future, “smart cards” with embedded computer chips may replace ATM, debit and credit cards. Single-purpose smart cards can be used for one purpose, like making a phone call, or riding mass transit. The smart card keeps track of how much value is left on your card. Other smart cards have multiple functions - serve as an ATM card, a debit card, a credit card and an electronic cash card. While this Study Guide will not discuss smart cards, they are on the horizon. Future consumers who understand how to select and use ATM and debit cards will know how to evaluate the features and costs of smart cards. ATM and Debit Cards and How They Work Electronic banking transactions are now a part of the American landscape. ATM cards and debit cards play a major role in these transactions. While ATM cards allow us to withdraw cash to meet our needs, debit cards allow us to by-pass the use of cash in point-of-sale (POS) purchases. Debit cards can also be used to withdraw cash from ATM machines. Both types of plastic cards are tied to a basic transaction account, either a checking account or a savings account. -
Transaction Account Fees Transaction Account Savings Account
TRANSACTION ACCOUNT FEES TRANSACTION ACCOUNT SAVINGS ACCOUNT PREMIUM PACIFIC CHEQUE ELECTRONIC PLUS SAVER FEES DESCRIPTION PACIFIC STANDARD PACIFIC PACKAGE ACCOUNT ACCOUNT ACCOUNT Service Fees Service Fees Service Fees Service Fees Service Fees Account Monthly Account Fee Nil WST 2.50 WST 7.50 WST 5.00 Nil Free Monthly Withdrawal Allowance 8 electronic and 4 branch Free for first 25 Unlimited Nil assisted withdrawals cheques electronic Nil withdrawals Free Monthly Deposit Allowance Free for the first 25 Unlimited Unlimited deposits Unlimited Unlimited Monthly Dormancy Fee Nil Nil Nil Nil Nil Activity Fee-Domestic Branch Staff Assisted Deposit Free Free Free Free Free WST 4.00 per transaction in Branch Staff Assisted Withdrawals WST 4.00 excess of 4 transactions Free WST 4.00 WST 4.00 Instore Banking Withdrawals NA NA NA NA NA Internet Banking WST 0.50 per WST 0.50 per transaction in transaction in excess Transfers (Own Accounts & 3rd Party Accounts) WST 0.50 excess of 8 transactions of 12 transactions Free WST 0.50 WST 0.50 per transaction in BSP ATM WST 0.50 excess of 8 transactions WST 0.50 Free WST 0.50 WST 0.50 per transaction in EFTPOS WST 0.50 excess of 8 transactions WST 0.50 WST 0.50 WST 0.50 WST 0.20 per transaction in excess Cheque Withdrawals NA NA of 25 transactions NA NA WST 0.20 per transaction in excess Cheque Deposits NA NA of 25 transactions NA NA WST 0.20 per transaction in excess Collection Fee for Cheque Deposited NA NA of 10 cheque leaves NA NA Direct Debits WST 0.50 WST 0.50 WST 0.50 WST 0.50 WST 0.50 Unarranged Overdraft -
Should the Federal Reserve Issue a Central Bank Digital Currency? by Paul H
Should the Federal Reserve Issue a Central Bank Digital Currency? By Paul H. Kupiec August 2021 During Federal Reserve Chairman Jerome Powell’s July 2021 congressional testimony, several elected members encouraged Powell to fast-track the issuance of a Federal Reserve digital cur- rency. Chairman Powell indicated he is not convinced there is a need for a Fed digital currency. But he also indicated that Fed staff are actively studying the issue and that his opinion could change based on their findings and recommendations. In this report, I explain how a new Fed- eral Reserve digital currency would interface with the existing payment system and review the policy issues associated with introducing a Fed digital currency. The Bank for International Settlements defines Governors of the Federal Reserve System 2021b). “central bank digital currency” as “a digital payment Digital deposits are money recorded in (electronic) instrument, denominated in the national unit of ledger entries with no physical form. Digital Fed- account, that is a direct liability of the central eral Reserve deposits can only be held by financial bank” (BIS 2020). In his semiannual appearance institutions (primarily banks) eligible for master before Congress, Federal Reserve Chairman Jerome accounts at a Federal Reserve bank. Powell indicated that the Fed was studying the idea Most businesses and consumers are not eligible of creating a new dollar-based central bank digital to own Federal Reserve master accounts, so they currency (USCBDC) (Lee 2021). The design of cannot own Federal Reserve digital deposits under USCBDC has important implications for the US finan- current arrangements. They can own central bank cial system. -
Automated Clearing House (ACH) Key Facts & Responsibilities for ACH Originators
Automated Clearing House (ACH) Key Facts & Responsibilities for ACH Originators Originator Guide July 2020 1 Contents Summary ............................................................................................................................................................... 3 ACH Legal Framework .......................................................................................................................................... 3 Your Responsibilities as an ACH Originator.......................................................................................................... 3 Industry Best Practices ......................................................................................................................................... 4 File Delivery Deadlines & Cutoff Times ................................................................................................................ 4 Direct Deposit Payroll Authorizations (Consumer) .............................................................................................. 4 Debit Authorizations (Consumer) ........................................................................................................................ 4 Corporate Authorizations ..................................................................................................................................... 5 Changing Date or Amount of Debits .................................................................................................................... 5 Pre-Notifications ................................................................................................................................................. -
Credit Union Central Bank Handbook
Credit Union Central Bank Handbook TadSalomon sile implausibly. never startle Mervin any sylva nasalizes install her unconsciously, stasidion trickily, is Andreas she devitrifies amorphous it symptomatically. and agelong enough? Multiplicate Please continue interstate banking and any other persons both as near as to receive a prescribed contravention Examples of Interagency Coordination. Make or cause to solution made audits at least annually. All credit union handbook for banking: central bank data. We offer their bank has in central. Any key items are central bank and approval of your account to, you will transfer, we are you need. Once any authorized person withdraws funds from an account, or embody a deduction. The remainder becomes available investigate the secondbusiness day after purchase day of deposit. An Internet protocol based storage networking standard for linking data storage facilities, the lessor, or local agencies. Deposit account you will consider whether or credit union loan default or changes between us on central bank and atm or business day; quarterly frequency as check paid by type. Users of the accounts expect consistency in these respects. Banking union handbook for any overdrafts. ACH payments that occurred sooner than to date you authorized. Patelco credit union handbook and credits to inject capital that you stop payment requests by our required notice to. Impairment Triggers Credit unions should broadcast all loans for objective boundary of impairment based on were available information including current information and events at the drizzle of assessment. During a credit unions are credits or by an interest, banks and you may be put in accounts and business office expires shall not names of cookies. -
Online Banking User Guide
UBLOCAL.COM 800-753-4343 ONLINE BANKING USER GUIDE Union Bank’s Online Banking with Net Teller brings the “local branch” right to your fi ngertips! Online Banking gives you an easy way to do your banking, frees up time and just makes life simpler. ACCOUNT ACCESS For purposes of this user guide, the following directions and pictures will be presented from the Log on at www.UBLOCAL.COM NetTeller tab, not the customized My NetTeller tab. First-time Login: VIEWING TRANSACTIONS Use the NetTeller ID and Password assigned by the Bank; you will be prompted to choose a new This page displays a list of all account transactions Password after you login. You may also elect to for the selected account. You can change the change your user name by going to the settings tab. transaction display setting to 7, 15 or 30 days, or since the last statement. You can also view available funds from this page, switch between accounts, and view check images. From Accounts, Select Transactions in the drop- down menu next to the account you wish to access. VIEWING ACCOUNTS Transaction Search: Select Search from the Transaction submenu. Once logged-in to the online banking system Search by date, debit, credit, dollar amount, or with NetTeller, you will have the option to use the check number. NetTeller tab or the customized My NetTeller tab. Both views provide you with full details of your accounts and current balances. The My NetTeller view allows you to set this view as your “start page” and is fully customizable to your preferences. -
SNB Product and Services Guide Terms and Conditions
TERMS AND CONDITIONS TERMS AND CONDITIONS OF YOUR ACCOUNT Seaside Bank and Trust is a division of United Community Bank, which operates under the Seaside brand throughout Florida. Seaside Bank and Trust is not a separate legal entity and not separately insured by the FDIC. Agreement. This document, along with any other documents we give you pertaining to your account(s), is a contract that establishes rules that control your account(s) with us. Please read this carefully and retain it for future reference. If you sign the signature card or open or continue to use the account, you agree to these rules. You will receive a separate schedule of rates, qualifying balances and fees if they are not included in this document. If you have any questions, please call us. This agreement is subject to applicable federal laws, the laws of the state of Florida and other applicable rules, such as the operating letters of the Federal Reserve Banks and payment processing system rules (except to the extent that this agreement can and does vary such rules or laws). The body of state and federal law that governs our relationship with you, however, is too large and complex to be reproduced here. The purpose of this document is to: 1. Summarize some laws that apply to common transactions; 2. Establish rules to cover transactions or events, which the law does not regulate; 3. Establish rules for certain transactions or events, which the law regulates but permits variation by agreement; and 4. Give you disclosures of some of our policies to which you may be entitled or in which you may be interested. -
Billing Service Code Consolidation Guide | Effective August 2016
Billing Service Code Consolidation Guide | Effective August 2016 Starting with your August 2016 statement, we are changing some of the service codes and service descriptions displayed on your Treasury Services Billing statement to provide consistent billing standards for all of your Treasury Services accounts. In addition, some services will appear under a different product category. A complete listing of these changes is provided in the table below. Changes are highlighted in red for easier identification. Please share this information with your technical team to determine if system updates are required. Current Effective August 2016 Bank Bank Product Line Service Bank Service Description Product Line Service Bank Service Description Code Code ACH - GIRO 2770 ACHDD MANDATE SETUP(INITIATOR) ACH PAYMENTS 2770 ACHDD MANDATE SETUP(INITIATOR) ACH - GIRO 3971 ZENGIN ACH (LOW) ACH PAYMENTS 3971 ZENGIN ACH (LOW) ACH - GIRO 4093 ZENGIN ACH (HIGH) ACH PAYMENTS 4093 ZENGIN ACH (HIGH) ACH - GIRO 4094 ELECTRONIC TRANSMISSION CHARGE ACH PAYMENTS 4094 ELECTRONIC TRANSMISSION CHARGE ACH - GIRO 4170 OUTWARD PYMT - GIRO (URGENT) 1 ACH PAYMENTS 4170 OUTWARD PYMT - GIRO (URGENT) 1 ACH - GIRO 4171 OUTWARD PYMT - GIRO (URGENT) 2 ACH PAYMENTS 4171 OUTWARD PYMT - GIRO (URGENT) 2 ACH - GIRO 4172 OUTWARD PYMT - GIRO (URGENT) 3 ACH PAYMENTS 4172 OUTWARD PYMT - GIRO (URGENT) 3 ACH - GIRO 4173 OUTWARD PYMT - GIRO (URGENT) 4 ACH PAYMENTS 4173 OUTWARD PYMT - GIRO (URGENT) 4 ACH - GIRO 4174 OUTWARD PYMT - GIRO (URGENT) 5 ACH PAYMENTS 4174 OUTWARD PYMT - GIRO (URGENT) -
An Overview of the Transaction Account Guarantee (TAG) Program and the Potential Impact of Its Expiration Or Extension
An Overview of the Transaction Account Guarantee (TAG) Program and the Potential Impact of Its Expiration or Extension Sean M. Hoskins Analyst in Financial Economics November 27, 2012 Congressional Research Service 7-5700 www.crs.gov R42787 CRS Report for Congress Prepared for Members and Committees of Congress Overview of the TAG Program and the Potential Impact of Its Expiration or Extension Summary The Federal Deposit Insurance Corporation’s (FDIC’s) initial Transaction Account Guarantee (TAG) program provided unlimited deposit insurance for noninterest-bearing transaction accounts (NIBTAs). A NIBTA is an account in which interest is neither accrued nor paid and the depositor is permitted to make withdrawals at will. NIBTAs are frequently used by businesses, local governments, and other entities as a cash management tool, often for payroll transactions. In spite of a loss of confidence in other parts of the financial system, the insured banking sector saw few bank runs during the financial crisis. The establishment of TAG in addition to the existing deposit insurance may have helped bolster depositors’ confidence in banks as reliable counterparties and prevented them from suddenly withdrawing their deposits. The second TAG program, which was established by the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203), was a temporary extension of the original program with some changes. This TAG program is set to expire on December 31, 2012. If the program expires, the $1.4 trillion currently insured by TAG in NIBTAs would no longer have unlimited deposit insurance but would have the $250,000 standard maximum deposit insurance amount. -
Mobile Banking! Mobile Banking Allows You to Easily Access Your Centinel Bank Accounts Via an App Designed for Your Iphone®, Ipad®, Or Android® Device
Welcome to Mobile Banking! Mobile Banking allows you to easily access your Centinel Bank accounts via an app designed for your iPhone®, iPad®, or Android® device. With Mobile Banking you can… View Account Balances and Recent Transaction History Transfer Funds between Accounts Pay Bills to Existing Payees View Alerts Deposit a Check (You must apply and be approved for this service) Find a Branch Location Manage your debit/ATM card Download For an all-inclusive Mobile Banking experience, download the Centinel Bank of Taos Mobile Banking Application through iTunes® or Google play®. Login Login using your existing Online Banking ID and Password. (You must be enrolled in Online Banking to utilize Mobile Banking. To enroll in Online Banking, Contact a Centinel Bank Representative) Terms and Conditions Accept the Terms and conditions to utilize the Mobile Banking Application. You may also obtain a copy of the Terms and Conditions through your Online Banking Account or by contacting a Centinel Bank Representative at (575)758-6700. Enroll Complete your enrollment with a few steps…….. Turn ON or OFF Text Message Alerts Input your Mobile Number Select your Wireless Provider Select Enroll to complete your enrollment! (000)000-0000 Home Home is the initial screen for Mobile Banking and allows quick access to all application options. Options Include: Accounts Transfers Bill Payments Remote Deposit Manage Cards Alerts Locations My Accounts Accounts lists all of the accounts your have selected to view through Mobile Banking. Select an account to view specific transactions for that account. Select a transaction to see details about that specific transaction. -
Payment Services Guide
CitiDirect® Online Banking Payments Services Guide March 2004 Proprietary and Confidential These materials are proprietary and confidential to Citibank, N.A., and are intended for the exclusive use of CitiDirect ® Online Banking customers. The foregoing statement shall appear on all copies of these materials made by you in whatever form and by whatever means, electronic or mechanical, including photocopying or in any information storage system. In addition, no copy of these materials shall be disclosed to third parties without express written authorization of Citibank, N.A. Table of Contents Overview .......................................................................................................................................1 Payments Services....................................................................................................................1 Creating Service Requests From Transaction Lookup..............................................................2 Creating Service Requests From Transaction Details ..............................................................9 Modifying Service Requests....................................................................................................14 Authorizing or Deleting Service Requests...............................................................................16 Viewing Service Request Transactions...................................................................................18 Disclaimer ...................................................................................................................................20