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6/ For outgoing international transfers, the money will be debited from your Bank of America bank account on the business day you ask us to initiate the processing of the transfer. Bank of America sends the payment that business day and, with the exception of bank transfers, the recipient`s bank usually receives the money 1-2 business days later and the funds are usually credited to the recipient within 2 business days. See section 5.F for special rules for transfers. This Addendum to the Bank of America Online Banking Agreement (“Agreement”) sets forth the terms of your use of the Services available exclusively to small business customers (“Business Services”) described herein. To access payroll services through online banking, you must have a bank of america current account open for small businesses. If we fail to complete a transaction to or from your account on time or in the correct amount in accordance with our agreement with you, we will be liable for your loss or damage. However, there are a few exceptions. For example, we are not responsible: there is no service charge for the use of the bill payment service. If you are a Bank of America customer with a deposit account, you can use the bill payment service to: 3.
Manage your paperless delivery settingsYou can convert your paperless statements and documents back to mail delivery at any time by visiting the Paperless Settings page in Online Banking. It can take up to two months for your revised delivery settings to take effect. Setting your paperless delivery settings may not be available for all accounts, products, or services. For more information about eligible accounts with paperless options, documents that can currently be viewed online, and how to manage your document delivery settings, see Paperless settings. We may, in our sole discretion, add, modify or remove the features we offer in our paperless statement and document service. We will only use personal information in accordance with our Online Privacy Policy and U.S. Consumer Policy. Further information can be found on our website under www.bankofamerica.com/privacy. 3. Fees There is no charge for sending or receiving a transfer as part of the email/mobile transfer service. Please note that your mobile operator may charge you for text messages.
Details of the applicable charges can be found in your mobile phone contract. For general questions about cancelling payments and transfers or to report unauthorized transactions, please call us at 1.800.933.6262. Business Online Banking customer service is available from 07:00 a.m. .m. to 10:00 p.m. .m. Local time, available seven (7) days a week, except holidays. You can also write to us at the following address: We assume no responsibility for our exchange rates. Any liability for such information and the prices contained herein is excluded, including, but not limited to, direct, indirect or consequential damages, and any liability if our exchange rates differ from the rates offered or reported by third parties or are offered by us at another time, place, for a different transaction amount. or any other means of payment (including, but not limited to, banknotes, cheques, bank transfers, etc.) For bank transfers, the exchange rate to be applied to the transfer will be indicated in the information provided to you for the transfer in accordance with federal law.
You agree that any service provider that assists us in providing you with Cash Flow Monitor may rely on your permission and the grant of a limited power of attorney, disclaimer of warranties and limitation of liability sections in this Addendum above, and that such providers are third party beneficiaries of this Agreement for the purposes of those sections, with the power to: enforce these provisions, as appropriate. This Agreement between you and Bank of America, N.A., governs the use of online banking and transfers outside of Bank of America. These Services allow Bank of America`s customers (consumers, sole proprietors, and other business customers with an account) to perform a number of banking features through the use of a PC or, for certain features, a mobile device (e.B, tablet or smartphone) to accounts connected to the Service, including some with our affiliates, Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”). Unless otherwise specified in context, “Linked Bank of America Accounts” or “Linked Accounts” means any of your Bank of America Accounts that you have linked to online banking or bank transfers outside of Bank of America. “Business” includes sole proprietors, non-consumer businesses and individual owners of the business, unless the context indicates otherwise. If you try to schedule a payment, we will inform you of the earliest available delivery date. To ensure a payment on time and take full advantage of the online banking guarantee, you must schedule payments and your account must be in good condition for at least four (4) banking days before the payment due date. If you do not do so, or if your account is not in good condition for any reason, you are fully responsible for any late fees, interest charges or other actions taken by the beneficiary. If, as part of our online banking guarantee, we do not process a payment in accordance with your completed instructions, we will refund all late payment charges. If we are unable to make the payment due to insufficient funds in your account or for any other reason, we will send you notice to the email address you provided with this Agreement.
We will also notify you if your account is no longer in good condition and cannot be used for bill payments. As stated above, some payments can be made by personal check. As we cannot predict the exact date on which a personal cheque will be presented to us for payment, please ensure that you have sufficient funds in your account a few days before the scheduled delivery date and keep these funds ready until the payment is deducted from your account. This was mentioned yesterday (www.reddit.com/r/Superstonk/comments/q4dns0/bofa_email_changes_to_mobile_and_online_banking/). You further acknowledge and agree that Bank of America may use third party service providers to support the performance of Cash Flow Monitor in its sole discretion. Your use of Cash Flow Monitor constitutes your consent for Bank of America and its service providers to collect, process, use and store third party information and account information as described in this Addendum. Except as otherwise provided in this Agreement or in your applicable account agreements and fee schedules, there is no Service Fee for accessing your accounts related to the Service. Occasionally, a payee may choose not to participate in Bill Pay or to request additional information before accepting payments.
We will work with these beneficiaries to encourage them to accept electronic or cheque payment from the bank. If we fail or determine that the payee is unable to process payments on time, we may refuse future payments to that payee. In the unlikely event that this happens, we will send you a notification immediately. All obligations you wish to pay through online banking with Bill Pay must be payable in U.S. dollars to a beneficiary in the United States. We reserve the right to restrict the categories of beneficiaries to whom payments can be made through the Service. You must not use the Service to: Some of the above services may not be available to certain accounts or customers or if you access online banking through mobile banking applications or the mobile web. Bank of America and/or its affiliates or service providers may receive compensation from third parties for customers` use of its services.
You must have a Bank of America Small Business deposit account and be logged into online banking to use the direct payment service. The following addendum applies if you sign up for one of these additional services. If you try to schedule a payment, we will inform you of the earliest available delivery date. In order to ensure timely payment and to take full advantage of the online banking guarantee described below, you must schedule payments, and your account must be in good condition and have sufficient funds available in the specified deposit account to cover the payment, at least five (5) bank business days before the payment due date, NOT the date, after which late fees may be charged. You have the right to cancel a transfer and receive a refund of all amounts paid to us, including fees, within 30 minutes of your confirmation of the transfer. The best way to cancel a transfer is to log into your account under www.bankofamerica.com and send transfers> money to someone >If they use their account number at another bank to access the right tab for transfer activity. Alternatively, you can call us at 877.337.8357, Monday to Friday from 7:00 am.m to 10:00 pm.m. and Saturday and Sunday from 8:00.m to 17:00.m. Local time. From outside the United States, call us at 302.781.6374.
When you contact us, you must provide us with information that will help us identify the transfer you wish to cancel, including the amount and location to which the money was sent. We will refund your money within three business days of your request to cancel a transfer, as long as the money has not already been collected or deposited into a recipient`s account. In addition to these safeguards, you may at any time choose to restrict our use of aggregated My Wallet information from other institutions and accounts. You can select this option by going to the “Set your privacy settings” page under www.bankofamerica.com on our privacy and security website. .