Terms & Conditions

This is your agreement with New Market Bank for Business Bill Pay.

You may use New Market Bank bill paying service to direct New Market Bank to make payments from your designated checking account to the Payees you choose in accordance with this agreement.

You may use New Market Bank direct deposit service to direct New Market Bank to make automatic payroll deposit into your employee accounts you choose in accordance with this agreement.

You may use New Market Bank electronic invoicing to create, print and/or direct New Market Bank to electronically send business invoices to the customers you choose in accordance with this agreement.

The terms and conditions of this agreement are in addition to the account agreements, disclosures and other documents in effect from time to time governing your account.

SERVICE FEES
By agreeing to New Market Bank Terms and Conditions, you agreeing to the following fee(s):

Business Bill Pay: $0.30 per a transaction or $15 a month.

THE BILL PAYING PROCESS
Single Payments a single payment will be processed on the business day (generally Monday through Friday, except certain holidays) that you designate as the payment's processing date, provided the payment is submitted prior to the daily cut-off time on that date. The daily cut-off time is currently 2pm CST.

A single payment submitted after the cut-off time on the designated process date will be processed on the next business day. If you designate a non-business date (generally weekends and certain holidays) as the payment's processing date, the payment will be processed on the first business day following the designated processing date.

Recurring Payments - When a recurring payment is processed, it is automatically rescheduled by the system. Based upon your selected frequency settings for the payment, a processing date is calculated for the next occurrence of the payment. If the calculated processing date is a non-business date (generally weekends and certain holidays), it is adjusted based upon the following rules:
If the recurring payment's Pay Before option is selected, the processing date for the new occurrence of the payment is adjusted to the first business date prior to the calculated processing date.

If the recurring payment's Pay After option is selected, the processing date for the new occurrence of the payment is adjusted to the first business date after the calculated processing date.

Note: If your frequency settings for the recurring payment specify the 29th, 30th, or 31st as a particular day of the month for processing and that day does not exist in the month of the calculated processing date, then the last calendar day of that month is used as the calculated processing date.

Estimated Arrival Date: The system will calculate the Estimated Arrival Date of your payment. This is only an estimate, so please allow ample time for your payments to reach your Payees?.

Cancelling a Payment: A bill payment can be changed or cancelled anytime prior to the cutoff time on the scheduled processing date. After that cutoff time, a Stop Pay may be placed on check payments where the Stop Pay Fee will apply; a Stop Pay cannot be placed on Electronic payments. You will be responsible for contacting the Payee to cancel the payment.


LIABILITY
You will be responsible for any bill payment request you make that contains an error or is a duplicate of another bill payment.

New Market Bank is not responsible for a bill payment that is not made if you did not properly follow the instructions for making a bill payment.

New Market Bank is not liable for any failure to make a bill payment if you fail to promptly notify the Financial Institution after you learn that you have not received credit from a Payee? for a bill payment.

New Market Bank is not responsible for your acts or omissions or those of any other person, including, without limitation, any transmission or communications facility, and no such party shall be deemed to be the Financial Institution's agent.


AMENDMENT
New Market Bank has the right to change this agreement at any time by notice mailed to you at the last address shown for the account in New Market Bank's records, by posting notice in branches of the Financial Institution, or as otherwise permitted by law.

TERMINATION
New Market Bank has the right to terminate this agreement at any time. You may terminate this agreement by written notice to New Market Bank. New Market Bank is not responsible for any fixed payment made before the Financial Institution has a reasonable opportunity to act on your termination notice. You remain obligated for any payments made by New Market Bank on your behalf.

ORIGINATION AGREEMENT
You authorize New Market Bank to originate entries on your behalf to receivers accounts.

You agree to be bound by the NACHA Operating Rules and Guidelines. You agree that New Market Bank will terminate or suspend your access for breach of these rules and guidelines. You agree to allow New Market Bank to audit your compliance with this agreement and these rules and guidelines.

You agree to not originate entries that violate the laws of the United States.