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Internet Bill Pay Agreement

I authorize my financial institution to post payment transactions generated by personal computer from the Internet Bill Paying Service to the account indicated on this agreement. I understand that I am in full control of my account. If at any time I decide to discontinue service, I will provide written notification to COTTONPORT BANK. My use of internet bill paying signifies that I have read and accepted all the terms and conditions of internet bill pay.

I understand that payments may take up to 10 days to reach the vendor and that they will be sent either electronically or by check. COTTONPORT BANK is not liable for any service fees or late charges levied against me. I also understand that I am responsible for any loss or penalty that I may incur due to a lack of insufficient funds or other conditions that may prevent the withdrawal of funds from my account.

Bill Pay Fees:

All account types except Cash Back Checking: $3.00 a month plus $.30 after your first 10 transactions. Exceeding limited check allowances on certain account types can accrue a check fee of .10 per check per statement cycle.

Cashback Checking Account: Does not have monthly or transactions fees. Exceeding limited check allowances will accrue a check fee of .10 per check per statement cycle.

If you have questions regarding Bill Pay please contact the Internet Banking Department by calling your local branch and pressing option 4.



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