Commerce Bank Deposit Account Agreement
You agree that the funds available and collected from the account you have designated are collected in sufficient amounts to pay all bill pay payments requested as well as for any other payment commitments you have to address to WCB. WCB reserves the right to refuse or book a bill payment without liability if you do not meet this or other conditions of this Agreement. If you do not have sufficient resources in your account and WCB has not exercised its right to book or refuse a payment service, you agree to pay these obligations upon request. You also agree that WCB may debit any of your accounts to the financial institution to cover these payment obligations. Emails sent and received via Contact in WCB Online (i.e. once your user ID and password have been accepted by WCB and your browser indicates that a secure connection has been established) are secure. Communications on the public internet are not necessarily safe. We strongly recommend that you never send confidential information or account numbers to third parties via email. They accept that we can take a reasonable amount of time to reply to each email. Correspondence requiring prompt processing, z.B. if you need to report an unauthorized transaction from one of your accounts, or if you need to immediately suspend payment of a cheque you have issued, you will need to call the bank. You agree that WCB may send you e-mail messages about other products or services we offer. We may also terminate the service if we believe that actual or unauthorized use of your user ID, password or account may occur.
WCB reserves the right to terminate your access to the WCB online service or part of it at its sole discretion, without notice and without restriction, unless required by law. If we miss or delay a payment or transfer in accordance with your instructions, or if we make a payment or transfer of less than the amount prescribed by your instructions, our liability is limited, except legal obligation, to interest on the amount we did not pay or transferred on time, calculated from the date on which the payment or transfer should take place on that date to which it was actually made. Accomplished. or you cancelled the instructions. We may pay these interest to either you or the recipient of the payment or transfer, but under no circumstances will we be liable to both parties and our payment to each party will fully fulfill any obligation to the other party. If we make a payment or transfer of an amount that exceeds the amount corresponding to your instructions, or if we allow an unauthorized payment or transfer after having had a reasonable period of time to respond to a notification on your part regarding unauthorized use, as noted above, our liability is limited, except legal obligation, to the repayment of the amount paid or transferred in error. , plus interest from the date of payment or transfer to the day of repayment, but under no circumstances beyond 30 days of interest. If we grant you an interest bonus under this contract or current legislation, that interest is calculated on the basis of the average Federal Reserve rate in the district where the bank is headquartered for each day the interest is due, calculated on the basis of a 360-day year.