Atlantic Stewardship Bank
Online Banking Disclosure, Payment Partner, for all Consumer and Business Customers
Activities Covered by These Online Banking Terms
These Online Banking Terms cover banking and related services permitted in Online Banking, including without limitation,
account access, funds transfers, bill payments and other online banking services offered.
These Online Banking Terms are in addition to the terms and conditions described in the Disclosure of Account Terms, Electronic Funds Transfer Disclosure, and any other deposit, loan or credit agreements you have with us, as well as all applicable laws and regulations.
You understand that by accessing our Atlantic Stewardship Bank Online Banking Services (Services) you agree to the terms and conditions described in this agreement and acknowledge your receipt and understanding of this Agreement.
Throughout this Agreement, the following terms will have the meanings set forth.
Authorized User refers to a person who is a common owner of any or all Online Banking Accounts.
Access refers to the ability to obtain account information, electronic messages, and transfer funds between accounts, as described further in the Agreement.
Payment Partner means the ability to perform payments to third parties from your designated account through instructions entered into Online Banking.
Bill Payment Account/Funding Account means your designated Atlantic Stewardship Bank checking account from which bill payments will be made.
Biller/Merchant/Payees means the designated entity where the bill is sent
Description of Online Banking Services
We provide access to services to you through the Atlantic Stewardship Bank Internet web site, www.asbnow.com. The Online Banking services comprise one or both of the following:
With this service you may obtain deposit and loan balances, review transaction histories, review your E-statements and check images, transfer funds between eligible Atlantic Stewardship Bank accounts, make regular loan payments, gain access to your E-Statements, view stock quotes, export to financial software, set up email notifications as well as communicate with us electronically via e-mail. You can also opt in for Text and Mobile Banking.
Pending transactions-This represents transaction that have not posted and cleared to your account. This does affect your balance. The online information provided may not include recent balances or account transactions and may not include funds that are available for immediate withdrawal.
Payment Partner (Online Bill Payment)
This service allows you to make payments to virtually anyone within the United States.
Addition of New Services
Atlantic StewardshipBank may, from time to time, introduce new online services. We will notify you of the existence of these new services when they become available and, if you choose to make use of any new service, you agree to be bound by any terms and conditions regarding the new services that we may send you.
Transfers: You can transfer funds between eligible accounts. Online transfers may be made 24 hours a day, seven days a week and are reflected in your account balance once your requests are processed. All transfers are subject to available funds and will be deducted from your account after we receive your request(s).
Payment and Transfer Limitations
Banking regulations limit the frequency of certain types of transfers and withdrawals, to include online payments and transfers, from savings and money market investment accounts. You may make no more than six (6) telephone, automatic, or pre-authorized transfers from your savings or money market accounts per statement cycle, including those transfers you initiate through the use of Online Banking Services. For money market accounts you may make no more than six (6) transfers, but these six (6) transfers may consist of payments by check to third parties or similar order.
Online Funds Transfer Cutoff Times
Online Funds Transfers can be requested 24 hours a day, seven days a week. However, transfer requests must be received before 7 pm, Eastern Standard Time on a business day to be displayed in the account history on the next business day by 9 am, Eastern Standard Time
System Availability and Business Days
Online Banking Services and Payment Partner are accessible 24 hours a day, seven days a week except when the system is down for maintenance or unforeseeable reasons. The Bank's business days are Monday through Friday except for holidays when we are closed.
Customer Service Support
Call (201) 493-2949 or (201) 444-7100 or
(877) 844-2265 between 8:00 AM and 5:30 PM.
Change in Terms
We may amend this Agreement (including changes in the fees and charges hereunder) by giving notice to you at least 21 days before the effective date of the amendment. Prior notice need not be given where an immediate change in terms or conditions is necessary to maintain or restore the security of the system or account, or otherwise required immediately by law or applicable regulation. However, if such a change is to be made permanent, we are required to provide written notice of the change to you on or with the next regularly scheduled periodic statement or within 30 days, unless disclosure would jeopardize the security of the system or account.
You may terminate the Services at any time upon giving notice of the termination to us. We may terminate part or all of the Services without notice, cause or liability to you and without affecting your outstanding obligations under this Agreement. We may also terminate your Services for non-usage or inactivity after twelve (12) months, or immediately for suspicious activity. You may reinstate part or all of the Services by contacting our Online Banking Division or one of our branches if the Services were discontinued due to lack of use.
By enrolling for the Services you agree that we may record information and electronic messages (e.g., e-mail) you send to us via website or the Services.
Your right to privacy is important to us. See our Privacy Statement. In general, we will not disclose information about your account or the transfers you make except when disclosure is necessary to complete a transfer; when disclosure is requested in order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant; or when disclosure is required to comply with government agency or court orders or is authorized or permitted by law; or when you give us your permission. If you defraud us in any way we may disclose any information we have about you to third parties, including law enforcement authorities.
ONLINE BANKING with www.asbnow.com (using your computer, mobile phone, text, ipad device)
User ID and Password
When you enroll for the Services, each customer will have their own User ID and Password to access the Services. When you applied online through our website, you established your own password. The account owner who completes the Online Banking Application is responsible for the security and use of the User ID and Password. After we process your enrollment in Online Banking, we will send you an e-mail with instructions on how to access the system
You should establish a password that only you will know using between 6 and 8 characters made up of both letters and numbers. The system is sensitive to lowercase and capital letters. It is important that you keep your password confidential to prevent unauthorized use of the Services. We recommend that you refrain from using such passwords as date of birth or family names that may be easily recognizable. If you forget your password, you may use the Forgotten Password Feature online or contact our Online Banking Division and we will assist you in selecting a new password. You will be required to change your password every 180 days.
We will continue to produce a monthly account statement for your checking account(s) to you, showing your Online Banking transactions and other activity from your account. Your savings account(s) may be sent on a quarterly basis, unless there were electronic transactions, in which case you will receive a monthly statement. If you have accepted E-Statements, you can view them online through your ASB Online Banking Account. It is your responsibility to review your statement(s) for accuracy.
In order to maintain secure communications and reduce fraud, you agree to protect the security of your account numbers, customer number, password, or other means of identification. We reserve the right to block access to the Services to maintain or restore security to our site and systems if we reasonably believe your password has been or may be obtained or is being used or may be used by unauthorized person(s).
TERMS AND CONDITIONS OF PAYMENT PARTNER, ONLINE BILL PAYMENT SERVICE
"Service" means the Payment Partner online bill payment service offered by Atlantic Stewardship Bank, through Services Corporation.
"Agreement" means these terms and conditions of the online bill payment service.
"Biller" is the person or entity to which you wish a bill payment to be directed or is the person or entity from which you receive electronic bills, as the case may be. "Payment Instruction" is the information provided by you to the Service for a bill payment to be made to the Biller (such as, but not limited to, Biller name, Biller account number, and Scheduled Payment Date).
"Payment Account" is the checking account from which bill payments will be debited.
"Billing Account" is the checking account from which all Service fees will be automatically debited.
"Business Day" is every Monday through Friday, excluding Federal Reserve holidays.
"Scheduled Payment Date" is the day you want your Biller to receive your bill payment and is also the day your Payment Account will be debited, unless the Scheduled Payment Date falls on a non-Business Day in which case it will be considered to be the previous Business Day.
"Due Date" is the date reflected on your Biller statement for which the payment is due; it is not the late date or grace period.
"Scheduled Payment" is a payment that has been scheduled through the Service but has not begun processing.
The earliest possible Scheduled Payment Date for each Biller (typically four (4) or fewer Business Days from the current date) will be designated within the application when you are scheduling the payment. Therefore, the application will not permit you to select a Scheduled Payment Date less than the earliest possible Scheduled Payment Date designated for each Biller. When scheduling payments you must select a Scheduled Payment Date that is no later than the actual Due Date reflected on your Biller statement unless the Due Date falls on a non-Business Day. If the actual Due Date falls on a non-Business Day, you must select a Scheduled Payment Date that is at least one (1) Business Day before the actual Due Date. Scheduled Payment Dates must be prior to any late date or grace period.
Your primary Online Banking Account will be debited for the amount of the payment you request. You may schedule next day payments, there is a fee for this process; electronic is $10.00 for ACH and overnight check for $25.00), You can also schedule a payment for a future date or on the same date each month. Although you can enter payment information 24 hours a day, 7 days a week, payments will only be initiated on business days. . If payment is made electronically or by check, your account will be debited on the scheduled payment date. If a paper draft is sent on your behalf, your account will not be debited until the vendor cashes the draft.
You can make the following types of online bill payments with the Payment Partner service (limit of $9,999.99 per payment):
- Variable/Single Bill Payment - a one time payment such as a telephone bill where the amount fluctuates each time, or a payment that is not made regularly such as a florist only used occasionally.
- Automated Recurring Payments - payments that have a fixed frequency and amount to be processed on a recurring basis. Once you have sent us the request for a recurring payment your payment will be made automatically by us. If your payment processing date falls on a non-business day, we will process your payment on our preceding business day, excluding holidays.
Consult our General Schedule of Fees for all fees.. You agree to pay promptly all fees and charges for Online Banking and, if applicable Payment Partner and authorize us to charge the Service Fee Accounts, or any other of your ASB accounts for the fees. You agree to be responsible for total charges to the extent that may be incurred through use of Online Banking.
If you wish to close any checking account which is acting as your Service Fee Account and /or your Payment Partner account, you must notify us prior to closing and identify a new checking account which is to serve as your Service Fee account and/or your Payment Partner Account for Online Banking. Failure to notify us may result in termination of Online Banking, and you agree we may charge any account you have with ASB for the amount of any and all outstanding charges you owe. Account Requirements
In order to use our Payment Partner, you must register for Online Banking and you must have a checking account with us. The checking account will be your primary Online Banking Account. If you have more than one checking account with us, you must designate one of them as your primary Online Banking Bill Pay Account. All service fees and bill payments will be deducted from your primary Online Banking Account. You agree to properly maintain any accounts you have with us to comply with the rules governing these accounts, and to pay any fees associated with the use or maintenance of these accounts.
- All accounts must have the same primary Social Security number or business Tax ID number Checking, Savings and Loan accounts are eligible for online access
- Certificate of Deposit and IRA accounts will have "view only" capability
- Only checking accounts are eligible for Payment Partner.
With Payment Partner you may pay any person or organization with an address in the United States. While payments to most payees can be made using online bill payment, we reserve the right to refuse to make payments to certain payees. We recommend that you do not use online bill payment to pay alimony, child support, tax and other court-directed or government payments, fines or penalties. Payments for these payees will be your sole responsibility if delayed or improperly processed or credited.
If your primary Online Banking Account balance does not have sufficient collected funds to cover any payment, we may reject, return or stop the payment or we may, at our sole discretion, accept the payment and overdraw your account. You agree to immediately repay any overdraft without notice or demand from us. You agree we have no liability for rejecting, returning or stopping a payment because of insufficient or uncollected funds. Each account owner is jointly and separately responsible for repaying any overdraft created using the Services, regardless of whether that account owner created the overdraft or received benefit from payment of the item overdrawing the account. We may stop allowing overdrafts at any time without prior notice. We may set off funds in the primary Online Banking Account to satisfy the present or future debts of any owner to us, to the fullest extent of the law
Canceling Payment Partner
You may cancel your online bill payments through Payment Partner up to four business days prior to payment date. If this option is not available, you will need to contact our Payment Partner Service directly at. 800-823-7555
Electronic Mail (E-mail)
You can inquire about a specific payment within Payment Partner and we will provide you a response to your Payment Partner account. You may also send a secure email through your Online Banking account. You can use electronic mail (e-mail) email@example.com to contact us about inquiries, maintenance and/or problem resolution issues. This E-mail is secure method of communication over the Internet and we recommend you do not send or request confidential information, such as account numbers. If the matter of the inquiry is urgent, please call our Online Banking Division at 201-493-2949 or 201-444-7100 or 877-844 BANK (2265).
Processing Date and Payment Partner Cutoff
Online bill payment requests prior to 4 pm, Eastern Standard Time and cancellations prior to 4 pm, Eastern Standard Time are processed on the business day of receipt. Any online payment or cancellation request received after these times or on Saturdays, Sundays and holidays are deemed received, and will be processed, on our next business day.
No Signature Required
When the Services generate items to be charged to your account, you agree that we may debit your primary Online Banking Account or any account of yours on which the item is drawn without requiring your signature on the item and without prior notice to you.
Blocking the Service
We may block your Payment Partner Services if an online bill payment request overdraws your account. If this occurs call our Online Banking Division at 201-493-2949 or 201-444-7100 or 877-844-2265.
Authorization to Charge Account
We may charge any item generated using the Services to any account to which it is directed notwithstanding any signature restrictions or multiple signature requirements under the account agreement.
This agreement is governed by the laws of New Jersey and applicable Federal law.
The Service Guarantee
Due to circumstances beyond the control of the Service, particularly delays in handling and posting payments by Billers or financial institutions, some transactions may take longer to be credited to your account. The Service will bear responsibility for any late payment related charges up to $50.00 should a payment post after its Due Date as long as the payment was scheduled in accordance with the guidelines described under "Payment Scheduling" in this Agreement.
Payment Authorization and Payment Remittance
By providing the Service with names and account information of Billers to whom you wish to direct payments, you authorize the Service to follow the Payment Instructions that it receives through the payment system. In order to process payments more efficiently and effectively, the Service may edit or alter payment data or data formats in accordance with Biller directives.
When the Service receives a Payment Instruction, you authorize the Service to debit your Payment Account and remit funds on your behalf so that the funds arrive as close as reasonably possible to the Scheduled Payment Date designated by you. You also authorize the Service to credit your Payment Account for payments returned to the Service by the United States Postal Service or Biller, or payments remitted to you on behalf of another authorized user of the Service.
The Service will use its best efforts to make all your payments properly. However, the Service shall incur no liability and any Service Guarantee shall be void if the Service is unable to complete any payments initiated by you because of the existence of any one or more of the following circumstances:
1. If, through no fault of the Service, your Payment Account does not contain sufficient funds to complete the transaction or the transaction would exceed the credit limit of your overdraft account;
2. The payment processing center is not working properly and you know or have been advised by the Service about the malfunction before you execute the transaction;
3. You have not provided the Service with the correct Payment Account information, or the correct name, address, phone number, or account information for the Biller; and/or,
4. Circumstances beyond control of the Service (such as, but not limited to, fire, flood, or interference from an outside force) prevent the proper execution of the transaction and the Service has taken reasonable precautions to avoid those circumstances.
Provided none of the foregoing exceptions are applicable, if the Service causes an incorrect amount of funds to be removed from your Payment Account or causes funds from your Payment Account to be directed to a Biller which does not comply with your Payment Instructions, the Service shall be responsible for returning the improperly transferred funds to your Payment Account, and for directing to the proper Biller any previously misdirected transactions, and, if applicable, for any late payment related charges.
The Service reserves the right to select the method in which to remit funds on your behalf to your Biller. These payment methods may include, but may not be limited to, an electronic payment, an electronic to check payment, or a laser draft payment (funds remitted to the Biller are deducted from your Payment Account when the laser draft is presented to your financial institution for payment).
Payment Cancellation Requests
You may cancel or edit any Scheduled Payment (including recurring payments) by following the directions within the application. There is no charge for canceling or editing a Scheduled Payment. Once the Service has begun processing a payment it cannot be cancelled or edited, therefore a stop payment request must be submitted.
Stop Payment Requests
The Service's ability to process a stop payment request will depend on the payment method and whether or not a check has cleared. The Service may also not have a reasonable opportunity to act on any stop payment request after a payment has been processed. If you desire to stop any payment that has already been processed, you must contact Atlantic Stewardship Bank. Although the Atlantic Stewardship Bank and the Service will make every effort to accommodate your request, Atlantic Stewardship Bank and the Service will have no liability for failing to do so. Atlantic Stewardship Bank and the Service may also require you to present your request in writing within fourteen (14) days. The charge for each stop payment request will be the current charge for such service as set out in the applicable fee schedule.
Payments to Billers outside of the United States or its territories are prohibited through the Service.
Tax payments and court ordered payments may be scheduled through the Service; however such payments are discouraged and must be scheduled at your own risk. In no event shall the Service be liable for any claims or damages resulting from your scheduling of these types of payments. The Service Guarantee as it applies to any late payment related changes is void when these types of payments are scheduled and/or processed by the Service. The Service has no obligation to research or resolve any claim resulting from an exception payment. All research and resolution for any misapplied, mis-posted or misdirected payments will be the sole responsibility of you and not of the Service.
Password and Security
You agree not to give or make available your password or other means to access your account to any unauthorized individuals. You are responsible for all payments you authorize using the Service. If you permit other persons to use the Service or your password or other means to access your account, you are responsible for any transactions they authorize. If you believe that your password or other means to access your account has been lost or stolen or that someone may attempt to use the Service without your consent or has transferred money without your permission, you must notify Atlantic Stewardship Bank at once by calling 201-493-2949 or 201-444-7100 or 877-844-2265 during regular business hours, or the Service at 800-823-7555 outside regular business hours.
Errors and Questions
In case of errors or questions about your transactions, you should as soon as possible notify us via one of the following: (see EFT resolution on back of statement or EFT Disclosure provided when account was opened)
1. Email the Bank via secure email through Online Banking;
2. Telephone the Bank's Online Banking Division at 201-493-2949 or 201-444-7100 or 877-844-2265 during regular business hours;
3. Bill Pay Customer Service at 800-823-7555; and/or
4. Write to us at:
Atlantic Stewardship Bank
360 Godwin Avenue
Midland Park, NJ 07432
Disclosure of Account Information to Third Parties
It is our general policy to treat your account information as confidential. However, we will disclose information to third parties about your account or the transactions you make ONLY in the following situations:
• Where it is necessary for completing transactions;
• Where it is necessary for activating additional services;
• In order to verify the existence and condition of your account to a third party, such as a credit bureau or Biller.
• To a consumer reporting agency for research purposes only;
• In order to comply with a governmental agency or court orders; or,
• If you give us your written permission.
Service Fees and Additional Charges
Any applicable fees will be charged regardless of whether the Service was used during the billing cycle. There may be a charge for additional transactions and other optional services. You agree to pay such charges and authorize the Service to deduct the calculated amount from your designated Billing Account for these amounts and any additional charges that may be incurred by you. Any financial fees associated with your standard deposit accounts will continue to apply. You are responsible for any and all telephone access fees and/or Internet service fees that may be assessed by your telephone and/or Internet service provider.
Failed or Returned Transactions
In using the Service, you are requesting the Service to make payments for you from your Payment Account. If we are unable to complete the transaction for any reason associated with your Payment Account (for example, there are insufficient funds in your Payment Account to cover the transaction), the transaction will not be completed. In some instances, you will receive a return notice from the Service. In such case, you agree that:
1. You will reimburse the Service immediately upon demand the transaction amount that has been returned to the Service;
2. For any amount not reimbursed to the Service within fifteen (15) days of the initial notification, a late charge equal to 1.5% monthly interest or the legal maximum, whichever rate is lower, for any unpaid amounts may be imposed
3. You will reimburse the Service for any fees imposed by your financial institution as a result of the return
4. You will reimburse the Service for any fees it incurs in attempting to collect the amount of the return from you
5. The Service is authorized to report the facts concerning the return to any credit reporting agency.
Alterations and Amendments
This Agreement, applicable fees and service charges may be altered or amended by the Service from time to time. In such event, the Service shall provide notice to you. Any use of the Service after the Service provides you a notice of change will constitute your agreement to such change(s). Further, the Service may, from time to time, revise or update the applications, services, and/or related material, which may render all such prior versions obsolete. Consequently, the Service reserves the right to terminate this Agreement as to all such prior versions of the applications, services, and/or related material and limit access to only the Service's more recent revisions and updates. In addition, as part of the Service, you agree to receive all legally required notifications via electronic means.
Address or Banking Changes
It is your sole responsibility to ensure that the contact information in your user profile is current and accurate. This includes, but is not limited to, name, address, phone numbers and email addresses. Changes can be made either within the application or by contacting Customer Service. Any changes in your Payment Account should also be made in accordance with the procedures outlined within the application's Help files. All changes made are effective immediately for scheduled and future payments paid from the updated Payment Account information. The Service is not responsible for any payment processing errors or fees incurred if you do not provide accurate Payment Account or contact information.
Service Termination, Cancellation, or Suspension
In the event you wish to cancel the Service, you may contact us via one of the following:
1. Email the Bank via secure email through Online Banking;
2. Telephone the Bank's Online Banking Division at 201-493-2949 or 201-444-7100 or 877-844-2265 during regular business hours;
3. Bill Pay Customer Service at 800-823-7555; and/or
4. Write to us at:
Atlantic Stewardship Bank
360 Godwin Avenue
Midland Park, NJ 07432
Any payment(s) the Service has already processed before the requested cancellation date will be completed by the Service. All Scheduled Payments including recurring payments will not be processed once the Service is cancelled. The Service may terminate or suspend Service to you at any time. Neither termination nor suspension shall affect your liability or obligations under this Agreement.
The Service reserves the right to refuse to pay any Biller to whom you may direct a payment. The Service will notify you promptly if it decides to refuse to pay a Biller designated by you. This notification is not required if you attempt to make a prohibited payment or an exception payment under this Agreement.
In using the Service, you understand that Billers and/or the United States Postal Service may return payments to the Service for various reasons such as, but not limited to, Biller's forwarding address expired; Biller account number is not valid; Biller is unable to locate account; or Biller account is paid in full. The Service will use its best efforts to research and correct the returned payment and return it to your Biller, or void the payment and credit your Payment Account. You may receive notification from the Service.
Your enrollment in the Service may not be fulfilled if the Service cannot verify your identity or other necessary information. If your account was added online the Service may issue offsetting debits and credits to the Payment Account(s) and/or Billing Account, and require confirmation of such from you in order to verify ownership of the Payment Account(s) and/or Billing Account. Through your enrollment in the Service, you agree that the Service reserves the right to request a review of your credit rating at its own expense through an authorized bureau. In addition, you agree that the Service reserves the right to obtain financial information regarding your account from a Biller or your financial institution (for example, to resolve payment posting problems or for verification).
In the event of a dispute regarding the Service, you and the Service agree to resolve the dispute by looking to this Agreement. You agree that this Agreement is the complete and exclusive statement of the agreement between you and the Service which supersedes any proposal or prior agreement, oral or written, and any other communications between you and the Service relating to the subject matter of this Agreement. If there is a conflict between what an employee of the Service or Customer Service Department says and the terms of this Agreement, the terms of this Agreement will prevail.
Termination of Services or Privileges
We may at any time, at our sole discretion, limit, suspend or modify electronic funds transfer services we provide, including those that can be accessed through your Online Banking Account, and may at any time revoke your access to the Service or terminate your Account. In the event such action is taken by us, we will notify you in writing within 30 days of the date we take such action.
You may not assign this Agreement to any other party. The Service may assign this Agreement to any future, directly or indirectly, affiliated company. The Service may also assign or delegate certain of its rights and responsibilities under this Agreement to independent contractors or other third parties.
The Service shall not be deemed to have waived any of its rights or remedies hereunder unless such waiver is in writing and signed by the Service. No delay or omission on the part of the Service in exercising any rights or remedies shall operate as a waiver of such rights or remedies or any other rights or remedies. A waiver on any one occasion shall not be construed as a bar or waiver of any rights or remedies on future occasions.
The captions of sections hereof are for convenience only and shall not control or affect the meaning or construction of any of the provisions of this Agreement.
This Agreement shall be governed by and construed in accordance with the laws of the State of New Jersey, without regard to its conflicts of laws provisions. To the extent that the terms of this Agreement conflict with applicable state or federal law, such state or federal law shall replace such conflicting terms only to the extent required by law. Unless expressly stated otherwise, all other terms of this Agreement shall remain in full force and effect.
THE FOREGOING SHALL CONSTITUTE THE SERVICE'S ENTIRE LIABILITY AND YOUR EXCLUSIVE REMEDY. IN NO EVENT SHALL THE SERVICE BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES, INCLUDING LOST PROFITS (EVEN IF ADVISED OF THE POSSIBILITY THEREOF) ARISING IN ANY WAY OUT OF THE INSTALLATION, USE, OR MAINTENANCE OF THE EQUIPMENT, SOFTWARE, AND/OR THE SERVICE.
ADDITIONAL TERMS AND CONDITIONS OF PAYMENT PARTNER, ONLINE BILL PAYMENT SERVICE FOR SMALL BUSINESS
This agreement describes the Payment Partner Online Bill Payment for Small Business (hereinafter referred to as Services) currently offered by Atlantic Stewardship Bank and makes disclosures required by law as to such Services involving electronic funds transfers. The Agreement also contains the terms under which you as a Depositor ("you" or "your", singularly or collectively) may use the Internet to access Payment Partner Online Bill Payment for Small Business.
If you request such Services and satisfy our requirements applicable to users of our Payment Partner Online Bill Payment Services, the Bank will provide you with access to the Services for your business checking account ("Account") specified in this agreement. By requesting, using, or authorizing another to use this Service, you and any authorized signer on your Account agree to be bound by the following rules and regulations.
I hereby apply for Payment Partner Online Bill Payment for Small Business access at Atlantic Stewardship Bank. I certify that the written business name is the complete and correct name of the Depositor. I represent and warrant that I am acting with full authority for the applying entity, and that I am duly authorized to execute this Agreement on behalf of the applying entity. I further agree that the Depositor is bound by the terms and conditions of this Agreement and responsible for all Payment Partner Online Bill Payment transactions initiated by any authorized signatory to this Account.
You are responsible and liable for all transactions made using the Payment Partner Online Bill Payment for Small Business account. All such transactions are subject to all applicable agreements, rules and regulations of the Bank relating to the type of Account on which the Service is authorized, now or in the future, as said agreements, rules and regulations are now in effect or as they may hereafter be amended, modified, or adopted. You authorize us to charge your Account for all transactions resulting from the use of the Service and you assume all responsibility and liability for all such Payment Partner Online Bill Payment for Small Business use.
Liability for Debit Balances
You will be liable for any debit balances in the Account specified in this Agreement, including without limitation overdrafts and account charges, whether or not the debit balance was caused by use of the Service, and promise to pay, upon demand, any and all debit balances, all fees and charges and our reasonable attorney's fees and costs and expenses of collections, including but not limited to those incurred at trial and on any appeal.
Your Liability for Unauthorized Use of Your Service
You agree to be solely responsible for the use of the Service and any transactions performed using the Service. Tell us AT ONCE if you believe your Online Banking Account password has been compromised. Telephoning is the best way to of keeping your losses down. You could lose all of the money in your Account. If your statement shows transactions that you did not make, tell us at once.
How to Notify Us
If you believe that your Online Banking Account has been compromised, call us at 201-493-2949 or 201-444-7100 or 877-844-2265, or write Atlantic Stewardship Bank, Attention Online Banking Division, 630 Godwin Avenue, Midland Park, NJ 07432. You may also give us notice in person by coming to the above address. The Bank's business days are Monday through Friday except for holidays when we are closed.
Consult our Service Fee Brochure
You warrant and agree that the Accounts are for business purposes only and shall not be used for personal, household, or family transactions.
This agreement shall be governed by the laws of the State of New Jersey and applicable federal law.