Bank Of America Mobile Check Deposit Agreement

The following credit transactions increase your balance used to pay for overnight transactions: cash deposited at an ATM or financial location, and transfers to your account from another Bank of America deposit account made at an ATM, on a financial site, through online banking or through customer service. FDIC insurance covers all types of deposit accounts (checking, savings deposits, monetary savings and CDs) as well as individual bank pension accounts (IRAs). If you are a Bank of America customer with a current account or savings account, you can receive a cash check for $15 (which is cancelled for customers registered with Preferred Rewards; see Personal Schedule of Fees for full details). Don`t have a current account or savings? We`re sorry, but we won`t be able to provide you with cash checks. Find a nearby financial centre We inform you of a deposit deposit in different ways depending on how the deposit is made: we can determine an exchange rate and assign it to your transaction without notice. Exchange rates vary, sometimes significantly, and you recognize all the risks that may result from these fluctuations. If we assign an exchange rate to your exchange rate, this exchange rate will be determined by us at our sole discretion on the basis of factors that we deem relevant, including, but not limited, to market conditions, exchange rates calculated by other parties, our desired price, market risk, credit risk and other market factors. , economic and commercial, and can be modified at any time without notice. They recognize that the exchange rates of private and commercial transactions, as well as transactions based on normal business hours and weekends, are different from exchange rates for large interbank transactions made during the business day, as can be reported in the Wall Street Journal or elsewhere. Exchange rates offered by other merchants or posted to other sources by us or other merchants (including online sources) may differ from our exchange rates. The exchange rate you offer yourself may be different from the exchange rate we pay for the purchase of the underlying currency. We use the right to refuse processing foreign exchange transaction requests.

Deposits are subject to verification and funds are not immediately available. Once the deposit has been received, you can view the current transaction online or on your phone. Checks received from the reference time in effect on a business day are usually available on your account the next business day.