to FNBT BANK's New Online Home Deposit
FNBT BANK is pleased to announce enhancements
to our Home Deposit and Business Deposit product for your additional security and
protection of your private information.
Prior to submitting your Home Deposit
or Business Deposit, please scan both the front and the back of your deposit slip
and checks being presented for deposit. Please save these items in one of the following
formats, Jpeg, PDF or WORD.
Home Deposit / Business Deposit
Agreement and Disclosure Statement
FNBT BANK [hereinafter referred
to as "the Bank"] has expanded its banking services to allow our customers [hereinafter
referred to as "customer(s)"] to utilize the convenience and efficiency of Internet
technology, and the parties hereto desire to complete deposit transactions via the
bank’s website at www.fnbt.com. Customer understands that the terms, conditions,
instructions and procedures set forth below are in addition to those that apply
to any other accounts that customer currently has with the Bank or any other services
customer obtains hereafter from the Bank.
NOW, THEREFORE, in consideration
of the mutual promises and covenants contained herein, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, FNBT
Bank and customer hereby agree as follows:
1. FNBT BANK HOME DEPOSIT/ BUSINESS DEPOSIT:
Using our encrypted
Home Deposit link posted on our FNBT BANK website you can perform banking transactions
on your computer, by submitting checks via Home Deposit for deposit to your checking
or savings account. You must submit all deposit requests in the format as specified.
DAILY HOME DEPOSIT CUTOFF AND DEPOSIT CONFIRMATIONS:
are subject to verification, authenticity, and FNBT Bank funds availability policy.
Home Deposit cut-off time is 4:00 CST, Monday through Friday. Home Deposits
initiated after 4:00 CST Monday through Friday, will be posted the following business
day. Home Deposits initiated by the customer on a non-business day will be
considered to have been initiated the following business day. The customer
agrees to destroy the original Home Deposit item in an appropriate manner once the
Home Deposit has been processed by the bank and receipt of Home Deposit Confirmation
has been received. The customer also agrees that they will NOT present or
negotiate the original item or a duplicate image of the item for processing to FNBT
BANK or any other financial institution. The Bank reserves all rights to refuse any
Home Deposit for any reason and may request that the original item be presented
to the bank for processing.
LIABILITY FOR FAILURE TO COMPLETE HOME DEPOSIT:
If the bank
not complete a Home Deposit on time or in the correct amount as per
the customer’s request, the Bank will be liable only for the amount of that Home
Deposit and the Bank will not be liable for consequential or punitive damages or
any other losses whatsoever that may be incurred by the Customer. If, and only if,
the Bank willfully or intentionally neglects to complete a Home Deposit as requested
by the Customer, the Bank will reverse any fees or charges assessed by the Bank
against the Customer’s account(s). The bank assumes no liability for any Home
Deposit that it has refused to process.
IN CASE OF ERRORS OR QUESTIONS ABOUT TRANSACTIONS COVERED BY THIS AGREEMENT:
call FNBT BANK at (850)796-2000, Ext 2408 or 2409 or write to FNBT BANK at P.O.
Drawer 1327, Fort Walton Beach, Florida 32549-1327, or email
as soon as
possible if customer needs more information about a Home Deposit covered by this
Agreement which is listed on the customer’s statement. The Bank must hear from the
customer no later than sixty (60) days after the Bank sent the first statement on
which the problem or error appeared. Information to be included in that notification:
Customer’s name and account number; description of the error, Home deposit customer
is unsure of; an explanation, as clearly as customer can relay, as to why customer
believes that an error has occurred; and why the customer requires more information.
Tell the Bank the dollar amount of the suspected error. If the customer tells the
Bank of the suspected error orally, the Bank shall require that the customer send
the Bank the complaint or question in writing within ten (10) business days. The
Bank will tell the customer the results of the Bank’s investigation within ten (10)
business days after the Bank receives the complaint or question and will correct
any error promptly. If the Bank needs more time to investigate, the Bank may take
up to forty-five (45) additional days to investigate customer’s complaint or question.
If the transaction was not initiated in any state, territory or possession of the
United States, the initial investigating period will be ninety (90) business days
instead of forty-five (45) business days and twenty (20) business days instead of
ten (10) business days for an extended investigation. If the Bank decides that there
was no error, the Bank will send the customer a written explanation within three
(3) business days after the investigation is finished. Customer may ask for copies
of the documents the Bank used in its investigation.
Customer’s Home Deposits
will be listed on the monthly statements the Bank provides or makes accessible to
its customer. Customer agrees to notify the Bank within sixty (60) days if customer
LAW THAT APPLIES:
Regardless of where customer
lives or works or where customer accesses the Home Deposit services, the Agreement
is subject to the laws of the State of Florida and the Federal Law of the United
States of America with, in either event, consideration of conflicts of law principles.
If any of the terms of the Agreement cannot be legally enforced, they will be considered
changed to the extent necessary to comply with applicable law.
In the event
any action is filed in relation to this Agreement, the unsuccessful party in the
action shall pay to the successful party in addition to all sums that either party
may be called on to pay, a reasonable sum for the successful party’s attorney fee.
No party to
this Agreement shall be liable to the other for any loss, cost or damages, arising
out of, or resulting from, any failure to perform in accordance with the terms of
this Agreement where such failure shall be beyond the reasonable control of such
party, which, as employed herein, shall be deemed to mean, but will not be limited
to, act of God, strikes, lockouts or other industrial disturbances, wars, whether
declared or undeclared, blockages, insurrections, riots, government actions, explosions,
fires, floods or any other cause not within the reasonable control of either party.
The terms and
conditions governing Home Deposit, including costs and fees, if applicable, may
be amended by FNBT BANK at anytime upon twenty-one (21) days advance notice. Your
continued use of the service is your acceptance of any amendment(s) of the Agreement,
including any instruction on the use of the service as may be amended from time
to time. You agree that any notices given by the Bank regarding the service will
be sent to you at the Bank’s choice, via either electronic mail or standard mail
and will be considered delivered at the time sent by the Bank. FNBT BANK may not
immediately respond to E-mail, so you should not rely on E-mail alone to communicate
with FNBT BANK
in case of emergency.