Changes to Terms and Conditions of Your Account Notice dtd 1/11/12
No action is required by you.
Stops Pays – You have the right to stop payment on checks you have
written and electronic payments
even though you did not sign the item.
Your Duty to Report Other Errors – You agree to examine your
statements in a timely manner and to
report those errors (encoding, alterations, etc) to UB ASAP.
Temporary Account Agreement – We may at some time in the future
restrict or prohibit further use of
this account if you fail to comply with the requirements or to obtain signatures within a
reasonable time
frame.
Check Processing – We process all items automatically and therefore
do not inspect items individually
for endorsement, signature and properly completion ,therefore helping to keep costs down for
accountholders.
Check Cashing – We reserve the right to charge a fee for cashing a
check for a non-accountholder and
require identification to do so.
Remotely Created Checks – Checks created in a remote circumstance
(Over the phone or by authorization
by customer includes credit cards, utilities, cell phone bill, student loan, etc) require the
following—you
must have received express and verifiable authorization to create the check in the amount and
to the payee that appears on the check. You must maintain proof of the authorization for at
least 2
years from the date of the authorization. You must be able to supply us the proof if we ask.
If a check is
returned you owe us the amount of the check, regardless of when the check is returned. We may
take
funds from your account to pay the amount you owe us, and if there are NSF funds in your
account, you
still owe us the remaining balance.
Commercial Accounts Only
Commercial accounts are prohibited by law to open an account for the purpose of an internet
gambling
site.
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