Terms & Conditions

BILL PAYING AGREEMENT/TERMS & CONDITIONS

Business e-Pay, Bank of Ocean City's bill paying service is available to Online Advantage users at no charge.

This is your bill paying agreement with Bank of Ocean City. You may use Bank of Ocean
City's bill paying service, Business e-Pay, to direct Bank of Ocean City to make payments
from your designated checking account to the Payees 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 (the Account Rules).

"You" or "your" means each person who is authorized to use the service. "Payee" means
anyone, including the Financial Institution, you designate and the Financial Institution
accepts as a payee.

HOW TO ENROLL

Log into Online Advantage using your existing Access ID and Password and click on the
Business e-Pay Enrollment button. Complete the bill paying enrollment screens. You must
enter the account that is currently billed for Online Advantage as your Primary bill paying
account. After your enrollment has been approved you will have the opportunity to submit
additional bill paying accounts. It is imperative that the required enrollment information
match the Financial Institutions current records. The Financial Institution reserves the right
to modify enrollment information. Your enrollment request will be processed and you will
receive a response within 72 hours. Once your enrollment has been approved you may
begin to use Business e-Pay.

ACCESSING THE SERVICE

When you complete your bill paying enrollment form, you will select a USER I.D. and
Personal Identification Number (PIN). The Financial Institution will make every effort to
accommodate your request. Each time you access the Service, you will be asked to enter
your USER ID AND PIN. Correct responses will give you access to the Service.

SET UP PAYEES/PAYMENTS

Log into Online Advantage using your existing Access ID and Password. Click on the link to
access Business e-Pay and enter your Business e-Pay USER ID and PIN. You will be
launched into a new Business e-Pay session. Choose Add a Payee from the Payee Menu to
create your payee list (companies or people you wish to pay). You may add a new fixed
payment to a Payee, only if the Payee is on your authorized list of payees, and by accessing
the Service and entering the appropriate information. Most other additions, deletions, or
changes can be made in writing or by using the Service. The Financial Institution reserves
the right to refuse the designation of a Payee for any reason. Each Payee accepted by the
Financial Institution will be assigned a payee code. You may pay any payee you wish in the
US. The Financial Institution is not responsible if a Bill Payment can not be made due to
incomplete, incorrect, or outdated information provided by you regarding a Payee or if you
attempt to pay a Payee that is not on your Authorized Payee list.


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 process date, provided the
payment is submitted prior to the daily cut-off time on that date. The daily cut-off time,
which is controlled by the financial institution, is currently 4PM Eastern Time. A single
payment submitted after the cut-off time on the designated process date will be processed
on the following business day. If you designate a non-business date (generally weekends
and certain holidays) as the payment’s process date, the payment will be processed on the
first business day following the designated process 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 process date is calculated
for the next occurrence of the payment. If the calculated process 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 Backward” option is selected, the process date for the new
occurrence of the payment is adjusted to the first business date prior to the calculated
process date.

If the recurring payment’s “Pay Backward” option is not selected (or if the “Pay Backward”
option is not available), the process date for the new occurrence of the payment is adjusted
to the first business date after the calculated process 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 process date, then the last calendar day of that month is used as the calculated
process date.

For Single and Recurring Payments, YOU MUST ALLOW AT LEAST FIVE (5) BUSINESS DAYS,
PRIOR TO THE DUE DATE, for each bill payment to reach the Payee. Any bill payment can
be changed or canceled, provided you access the Bill Pay Service prior to the cut-off time
on the business day prior to the business day the bill payment is going to be initiated.

Transfers and Email Payments

You may transfer funds from your checking account to your checking or savings account at
another bank. You may pay any person you may owe with email payments.

You agree to have available and collected funds on deposit in the account you designate in
amounts sufficient to pay for all bill payments requested, as well as, any other payment
obligations you have to the Financial Institution. The Financial Institution reserves the right,
without liability, to reject or reverse a bill payment if you fail to comply with this
requirement or any other terms of this agreement. If you do not have sufficient funds in
the Account and the Financial Institution has not exercised its right to reverse or reject a bill
payment, you agree to pay for such payment obligations on demand. You further agree the
Financial Institution, at its option, may charge any of your accounts with the Financial
Institution to cover such payment obligations.

The financial institution reserves the right to change the cut-off time. You will receive notice
if it changes.

Dollar Limitations

Bill Payments - $250,000.00 per day

Transfers and Email Payments - $5,000.00 per item $10,000.00 per day

LIABILITY

You are solely responsible for controlling the safekeeping of, and access to, your User ID
and Personal Identification Number (PIN). You are liable for all transactions you make or
that you authorize another person to make even if that person exceeds his or her
authority. If you want to terminate another person's authority, you must notify the Financial
Institution and arrange to change your PIN. You will be responsible for any Bill Payment
request you make that contains an error or is a duplicate of another Bill Payment. The
Financial Institution is not responsible for a Bill Payment that is not made if you did not
properly follow the instructions for making a Bill Payment. The Financial Institution 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. The Financial Institution 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. In any event, the
Financial Institution will not be liable for any special, consequential, incidental, or punitive
losses, damages, or expenses in connection with this Agreement or the Service, even if the
Financial Institution has knowledge of the possibility of them. The Financial Institution is not
liable for any act, failure to act or delay in acting if it is caused, in whole or in part, by any
cause beyond the Financial Institution's reasonable control.

Amendment and Termination

The Financial Institution has the right to change this Agreement at any time by electonic
notice, notice mailed to you at the last address shown for the Account on the Financial
Institution's records, by posting notice in branches of the Financial Institution, or as
otherwise permitted by law.

The Financial Institution has the right to terminate this Agreement at any time. You may
terminate this Agreement by written notice to the Financial Institution. The Financial
Institution 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 the Financial Institution on your behalf.

Fees

Business e-Pay, Bank of Ocean City bill paying service is available to Online Advantage users at no charge.

Additional Charges for Customer requested Services and Other Items

These charges will only be assessed if you request one or more of the services listed here.
There will be NO Charge for any item if needed to correct a Financial Institution error.

Written Correspondence to Payee: $10.00

Per proof of Payment not necessitated by a dispute: $10.00

Payments returned due to customer error: $5.00

Overdraft item fee: $28.00

Returned item fee: $28.00

Collection of overdrawn account - each occurrence: $25.00

Expedited Payment Fees will include:

Overnight Fee: $14.95

2nd Day Fee: $9.95

Reinstate Fee: $50.00

Gift Pay Fees will include:

Gift Check: $2.99

Charitable Donations Fee: $1.99

The Financial Institution reserves the right to charge you for research time involving
payments no longer available in your screen history. You will be informed of any such
charges before they are incurred.