To help the government combat the financing of terrorism and money laundering, federal law requires all financial institutions to receive, verify and record information identifying each person who opens an account. Therefore, when you open an account, we will ask for a last name, address, date of birth, driver`s license number and/or other information, such as the purpose of the account. B, which will help us identify you and we will also help us understand your financial services needs so that we can better serve you. We may also ask you to provide copies of one or more of your identification documents. Our identity verification procedures require us to ask third parties for certain information about you. You agree that the bank will receive this information requested from third parties as a precondition for opening an account. All transactions between you and the bank regarding your account are governed by the terms and conditions of this Agreement, current disclosure of products and fees, account card, account type, all other documents or records relating to your account, our rules and regulations, and applicable government and federal laws and regulations, as they now exist or may be amended below. In the event of a conflict between this agreement and the terms of your signature card, the terms of this contract apply. If we discover that a cashier`s cheque you claim in your possession has already been paid and you claim that the confirmation on the cheque is fraudulent, you can still claim a right to refund by making an affidavit of forgery. Once we have paid for the initial review, we will conduct an internal investigation to determine if the approval was fraudulent. If the cheque has been paid or deposited by another bank, we will try to return the cheque to the bank that took the cheque into account.
Time Deposit Accounts: If there is no activity initiated by the customer on your CD account, it is considered inactive to determine whether the property is considered abandoned from the first due date. If your account is an IRA TRADITIONAL account, the period after which your account is considered inactive after reaching the age of 701.2 years begins and varies in length according to state law. Roth-IRA are never considered inactive. If your account is an insurance savings account, the period beyond which your account is considered inactive begins after the age of 30 and varies according to state law. If we pour an NSF item into overdrafts, we do so as part of the basic overdraft service we offer to our customers. If you do NOT want us to pay for NSF items, you should contact us by phone at FC DIRECT`s phone number in the “Bank Contacts” section at the end of this agreement.