BILL PAYING AGREEMENT/TERMS & CONDITIONS
Earlham Savings Bank (EBank) is excited to offer our eTRAN Business bill payment
option to all our commercial customers.
Subscribers of eTRAN Business benefit from up to 20 monthly bill payments for only $14.95
per month. Bill Payments exceeding 20 in a month are $.50 each. The calendar month
during which you enroll for eTRAN Business and the subsequent month are both free. See
your account disclosure for your specific checking account details and fees that may apply if
the minimum or compensating balance is not maintained, or if the transaction limits are
exceeded. For your convenience a summary has been included in the fees section of this
disclosure.
This is your bill paying agreement with EBank. You may use EBank's bill paying service,
eTRAN Business, to direct EBank 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. See your account
disclosures for specific maintenance and per debit fees that may apply based on your
business checking account type.
"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.
CONTACT INFORMATION
For your convenience we have established three separate contact methods to assist you
with your bill pay transactions.
Live Chat: By clicking on the live chat link, you will be immediately connected to a
Subscriber Services Respresentative with the Bill Payment Service. This connection is
secure and can be used to get assistance with scheduling payments, requesting payment
research and answering just about any question you may have regarding your bill payment
account.
Email: You can also use email to get your questions answered. Contact us at
subsriberservices@billpaysite.com. Please do not send passwords, security words, or social
security numbers by email.
Telephone: Phone us at 1-877-285-4286. This phone number connects you to a Subsriber
Services Representatiave within the call center. You can get assistance with any question
you may have regarding your bill payment account. This service is available from 7:30 AM -
5:30 PM Eastern Time (in come cases, until 11:00 PM Eastern Time).
HOW TO SET UP PAYEES/PAYMENTS
Complete a bill paying enrollment form. IF YOU WANT TO ADD A NEW PAYEE, USE “SET UP
ACCOUNTS/PAYEE” ON THE INTERNET OR SPEAK TO A SERVICE REPRESENTATIVE. 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.
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.
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 the closing time of a business day
that the bank is open. 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 (7) 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.
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.
LIABILITY
You are solely responsible for controlling the safekeeping of, and access to, your 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 notice mailed
to you at the last address shown for the Account on the financial institution's records, by e-
mail to the last address shown on our 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
eTRAN Business is being offered for only $14.95 per month which includes up to 20 bill
payments. Payments in excess of 20 during a month are 50 cents each. Below is a listing of
of your minimum balance and debit fees specific to your account type. Please see your
account disclosure for a complete review of the terms and conditions associated with your
account type:
Small Business Checking: $5.00 maintenance fee will apply if the account balance falls
below $1,000 any day of the statement cycle. A debit fee of $.25 will be charged for each
debit in excess of 30 per month. A credit fee of $.25 will be charged for each credit in
excess of 30 per month. A deposit item fee of $.15 will be charged for each deposit item in
excess of 15 per month not drawn on our bank and for each deposit item in excess of 15
per month drawn on our bank.
Business Checking: $10.00 monthly account maintance fee. Activity fees are $.20 for each
debit entry, $.20 for each credit entry, and $.07 for each deposited item. These fees are
reduced by an earnings credit that is applied to the average collected balance less a 10%
reserve requirement. This earnings credit is computed on the average 91-Day Treasury Bill
Auction Rate from the last auction of the previous month, as found in the Wall Street
Journal.
Remote Desktop Checking: $100.00 monthly account maintance fee. Activity fees are $.20
for each debit entry, $.20 for each credit entry, and $.07 for each deposited item. These
fees are reduced by an earnings credit that is applied to the average collected balance less
a 10% reserve requirement. This earnings credit is computed on the average 91-Day
Treasury Bill Auction Rate from the last auction of the previous month, as found in the Wall
Street Journal.
State and local sales tax may apply to the maintenance and per debit fees listed above.
ADDITIONAL CHARGES FOR CUTOMER 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: $20.00; $35.00 maximum/day
Return Non-Sufficient Funds (NSF): $20.00 each; $60.00 maximum/day
Paid Non-Sufficient Funds (NSF): $20.00 each; $60.00 maximum/day
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.
Bill payments are processed by Electronic Fund Transfers (EFT). Please see the Electronic
Fund Transfers Disclosure Statement included, or, received when you opened your account,
which discloses important information concerning your rights and obligations.
