Db 17 00346 Dec2017 Bank Natl-AcntAgrmnts dm
Yüklə 7,06 Mb. Pdf görüntüsü
|
- Bu səhifədəki naviqasiya:
- Deposit Account Agreement
- This Agreement, together with any amendments or addendums to these terms and conditions or other agreements with respect to
- You may reject the Arbitration of Disputes provision, as set forth in Section 35(i), including the waiver of your
- (2) CUSTOMER INFORMATION AND ELIGIBILITY (a) Customer Information
- What this means for you
| 1 Thank you for choosing Discover Bank. This Deposit Account Agreement includes the terms and conditions you need to know about your Discover Bank deposit accounts. You can always call our knowledgeable Customer Service Representatives anytime at 1-800-347-7000. There’s always someone right here in the U.S. to answer your questions, explain things in straightforward language and take the time to help you find ways to make the most of your money. Deposit Account Agreement Effective August 8, 2018 Table of Contents 1 DEFINITIONS/INTRODUCTION 2 2 CUSTOMER INFORMATION AND ELIGIBILITY 3 3 AGREEMENT ACCEPTANCE / W-9 CERTIFICATION 4 4 FDIC INSURANCE 6 5 INTEREST 6 6 ACCOUNT OWNERSHIP 8 7 DISCOVER STUDENT DEPOSITS PROGRAM 12 8 INCOME TAX REPORTING AND WITHHOLDING 13 9 CHECKS 14 10
DEPOSITS 15 11
WITHDRAWALS 17 12 CHECKING REWARDS AND INCENTIVES 21 13 DEBIT CARDS 23 14 FUND TRANSFERS 25 15 FUNDS AVAILABILITY (HOLDS) 26 16 STOP PAYMENT ON CHECKS 31 17 ACCOUNT TRANSFER OR ASSIGNMENT 32 18 STATEMENTS AND ERROR RESOLUTION 32 19 CD RENEWAL OPTIONS 33 20 RIGHT OF SET-OFF 34 21 OVERDRAFT PROTECTION SERVICE 34 34 23 PRIVACY AND DISCLOSURE OF ACCOUNT INFORMATION 35 24 ACCOUNT CLOSURE 35 25
RESERVED 36 26 AMENDMENTS, ACCOUNT CHANGES AND NOTICES 36 27 ELECTRONIC FUND TRANSFER (EFT) 36 28 ERROR RESOLUTION – ELECTRONIC FUND TRANSFERS 38 32 29
WAIVERS 39 30 LEGAL PROCEEDINGS 39 31 ABANDONED ACCOUNTS 39 32
SEVERABILITY 40 33 TELEPHONE COMMUNICATIONS 40 34 LIMITATION OF LIABILITY 40 35 ARBITRATION OF DISPUTES 40 36 EARLY WITHDRAWAL PENALTIES; FEE SCHEDULE AND MINIMUM REQUIREMENTS 42 44 3 2
Effective August 8, 2018
The following is a list of terms used throughout this Deposit Account Agreement (“Agreement”): “Account” means your Discover Certificate of Deposit (“Non- IRA CD”), Discover Individual Retirement Account Certificate of Deposit (“IRA” or “IRA CD”), Discover Cashback Debit Account (“Checking Account”), Discover Money Market Account (“Money Market Account”), Discover Premium Savings Account, and/or Discover Online Savings Account, as applicable. “Branch” means the Discover Bank branch in Greenwood, Delaware; “Business Days” are Monday through Friday, excluding Federal Reserve Bank holidays; “CD” includes both Non-IRA CD and IRA CD, unless otherwise specified; “Discover Student Deposits Program” means Cashback Debit Accounts opened through the RefundSelect SM and eRefunds PLUS TM Program; “EFT” means Electronic Fund Transfer; “new customer” means an Accountholder who has not had another Checking Account, Money Market Account, or Savings Account open for at least 30 days prior to the opening of the new Account; “Savings Account” includes both Discover Premium Savings Account and Discover Online Savings Account; “we”, “us”, “our”, and “Discover” refer to Discover Bank, a Delaware-chartered bank; “you”, “your”, and “Accountholder” refer to each person or entity in whose name an Account is held or who has authority to operate the Account, as well as any permitted assignee or successor in interest to the Account.
Agreement supersedes any prior agreements or communications that you may have had with us. The headings contained herein are provided for convenience only and are not substantive terms. Except where noted, your Account and this Agreement are governed by Delaware and Federal law. If Delaware and Federal law are inconsistent, or if Delaware law is preempted by Federal law, then Federal law governs. You may reject the Arbitration of Disputes provision, as set forth in Section 35(i), including the waiver of your right to a jury trial. You must follow the procedures set forth in Section 35 if you want to reject the arbitration provision. (2) CUSTOMER INFORMATION AND ELIGIBILITY (a) Customer Information To help the government fight the funding of terrorism and money laundering activities, Federal law requires financial institutions to obtain, verify and record information that identifies each individual and entity that opens an account.
When opening an Account, we will ask you to provide your name, U.S. physical address (no P.O. Boxes), Social Security Number (“SSN”) or other Taxpayer Identification Number (“TIN”), and other information that will help us to identify you. You may also be asked to provide a copy of your driver’s license, state ID card or other identifying documents. It is your responsibility to maintain and promptly update any changes in the identifying information you provided to us at Account opening or during the time your Account is open. Some identifying information, such as physical address, mailing address, phone number, and email address, can be updated online through the Account Center or you can update this information by calling us at 1-800-347-7000. (b) Eligibility To open an Account, each Account owner must be a U.S. citizen, U.S. resident alien or other U.S. person, at least 18 years old, and have a valid TIN and a valid physical U.S. address. To open an Account under the Delaware Uniform Transfer to Minors Act, you must be at least 21 years old. You (for joint Accounts, the Primary Accountholder) are required to be Account Center registered to maintain your Cashback Debit Account. Failure to register in the Account Center will result in closure of your Cashback Debit Account. There are additional eligibility requirements for the Discover Student Deposits Program, please see Section 7 for more details. We may obtain information about you from third parties, including, credit or other consumer reporting agencies that will help us determine if we will open the Account you have requested. There may be additional eligibility requirements imposed at our discretion. This may include verification of employment and credit or other consumer reports or other reports from account information services and credit or other consumer reporting agencies. These inquiries may delay Account opening. If you apply for an Account and we decline to open one as the result of information from a consumer report or another report from a consumer reporting agency, we will tell you the name, address and phone number of the consumer reporting agency. We reserve the right to decline to open an Account for you for any reason. We do not open or maintain Accounts for customers with foreign tax status (e.g., W-8 filing status). We only open Yüklə 7,06 Mb. Dostları ilə paylaş:
|