FNB Bank, Inc.
101 East Broadway
Mayfield, KY 42066
Bill Paying Agreement / Disclosure
This is your Bill Paying Agreement / Disclosure with The FNB Bank, Inc. here after referred to as FNB Bank. You may use FNB Bank's Electronic Bill Pay service to direct FNB Bank to make payments from your designated checking account to the Merchants you choose in accordance with this agreement. The terms and conditions of this Agreement are in addition to the Account Disclosure / Agreements and other documents in effect from time to time governing your Account (the account rules) with FNB Bank.
"You" or "your" means each person who signs the bill paying enrollment form or is otherwise authorized to use the Service. "Merchant" means anyone, (including the Bank), you designate and the Bank accepts as an approved payee.
The Bill Paying Process
FNB Bank (through a third party processor) will process variable payments on the business day (generally Monday through Friday, except holidays) you designate the bill to be processed, provided the payment request is received prior to the cutoff time, or at any time on the non-business processing day will be processed on the next business day. FNB Bank reserves the right to change the cutoff time by giving you notice a change is made.
FOR RECURRING PAYMENT REQUESTS, IF YOU DESIGNATE A PROCESSING DATE OF THE 28TH THROUGH THE 31ST OF A MONTH, PROCESSING WILL BE INITIATED ON THE LAST CALENDAR DAY OF THE MONTH. Otherwise, recurring payment requests will be processed on the dates you have designated, unless such date falls on a non-business day resulting in your payment being processed on the next business day.
YOU MUST ALLOW AT LEAST FIVE (5) BUSINESS DAYS FOR EACH BILL PAYMENT (RECURRING OR VARIABLE) TO REACH THE MERCHANT. (IT IS THE RESPONSIBILITY OF THE SUBSCRIBER TO SCHEDULE/ACTIVATE RECURRING PAYMENTS). You agree to have available and collected funds on deposit in the account you designate in amounts sufficient to pay all Bill Payments requested, as well as, any other payment obligations you have with FNB Bank.
FNB Bank reserves the right, without liability, to reject or reverse a bill payment if you fail to comply with this requirement. If you do not have sufficient collected funds in the account and FNB Bank has not exercised its rights to reserve or reject a Bill Payment, you agree to pay for such payment (s) on demand and any additional fees may be imposed by FNB Bank. You further agree FNB Bank may at its option charge your account for these fees as well as the payment obligations. Any Bill Payment can be changed or canceled, provided you access the service prior to the cutoff time on the business day prior to the business day the Bill Payment is going to be initiated.
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 FNB Bank 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. FNB Bank IS NOT RESPONSIBLE FOR A BILL PAYMENT THAT IS NOT MADE IF YOU DID NOT FOLLOW THE INSTRUCTIONS FOR MAKING A BILL PAYMENT.
FNB Bank is not liable for any failure to make a Bill Payment if you fail to properly notify FNB Bank after you learn that you have not received credit from a Merchant for a Bill Payment. FNB Bank is not responsible for your acts or omissions of those of any other person, including without limitation, any transmission or communication facility and no such party shall be deemed to be FNB Bank's agent. In any event, FNB Bank will not be liable for any special, consequential, incidental, or punitive loses, damages or expenses in connection with this agreement or the Service, even if FNB Bank has knowledge of the possibility of them. The Bank 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 FNB Bank's reasonable control.
Amendment or Termination
FNB Bank has the right to change this agreement at any time By notice mailed to you at the last address shown for the account on FNB Bank's records, by posting on our branches, or otherwise permitted by law.
FNB Bank has the right to terminate this Agreement at any time. You may terminate this agreement by written notice to:
FNB Bank, Inc.
Attention: Bookkeeping
P.O. Box 369
Mayfield, KY 42066-0029.
FNB Bank is not responsible for any fixed payment made before the bank has a reasonable opportunity to act on your termination notice. You remain obligated for any payments made by FNB Bank on your behalf.
Fees
· Online Bill Paying Service is free. Please keep in mind that some payees make charge for this feature.
· The following charges will 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 Bank error.
· Written Correspondence to Merchant $15.00
· Per item proof of payment not necessitated by a dispute $15.00
· Per payment canceled after cutoff time and prior to disbursement $15.00
· Payments returned due to customer error $15.00
· Non-Sufficient Funds Charge (per item) $60.00
· FNB Bank 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.