if circumstances beyond our control (such as fire or flood or systems failure) prevent the transfer, despite reasonable precautions that we have taken.if the system was not working properly when you started the transfer.if the transfer would go over the credit limit on your overdraft line (if any).if the money in your account is subject to legal process or other encumbrances restricting transfer.if, through no fault of ours, you do not have enough money in your account to make the transfer.If we do not complete a transfer to or from your account on time or in the correct amount according to our agreement with you, we might be liable for some of your losses or damages. Our Liability for Failure to Complete Transactions. Please refer to the CheckFree Terms and Conditions of the Bill Payment Service. Once started, recurring transfers will be made automatically until you tell us to stop or cancel the transfer on-line and we have a reasonable opportunity to react. Recurring transfers are those made for the same amount and are made on a weekly, bi-monthly, monthly basis, etc. Funds will be deducted from your Account on the business day on which a transfer is to be "initiated." This date is referred to in this Agreement as the "Transaction Date." If you direct the initiation of a transfer to occur on a day other than a business day, it will be initiated on the following business day. Although you can enter transfer information through the Service twenty-four (24) hours a day, seven (7) days a week, transfers can be initiated only on business days. You may schedule transfers between your Cornerstone Bank accounts to be initiated on the current business day, on a future date, or on the same date of each month, subject to the restrictions in the Agreement. They should not be based on your name, address or other personal information. You should select a username and password that are hard to guess. Your username and password are sensitive personal data. It is recommended that you change your password periodically to enhance security. For example, if you enter your password as: 1234abc you cannot use 1234ABC. Your password must consist of at least one(1) letter and one (1) numeric character. Your username and password must be a minimum of 8 characters. Your Username and Password.Įach individual who has access to Online Banking, including each individual named on joint accounts, must designate an username and password. PLEASE READ THIS AGREEMENT CAREFULLY AND KEEP A COPY FOR YOUR RECORDS.
By subscribing to the Service or using the Service to make any payments to a third party, you agree to the terms of the Agreement. However, transfers from your savings and Money Market accounts are considered pre-authorized transfers, and pre-authorized transfers are limited to six (6) per monthly statement cycle by federal regulations. You may also use your PC or web based phone to obtain statements on your accounts and to transfer money between your accounts. The Customer agrees as follows: You may use a Personal Computer ("PC") or web based phone through an Internet connection to obtain account balances and transaction information. In the agreement, "Customer" refers to the person(s) subscribing to or using the Service. In consideration of the Online Banking services ("Services") to be provided by Cornerstone Bank ("BANK"), as described from time to time in information distributed by BANK to its customers. Online Banking Disclosure (Internet Agreement) 1.