| Standard Business Account Advantages |
- This is a non-interest bearing transaction account. As a transaction account you may write an unlimited number of checks to third parties (fees apply) and is subject to Reg. CC - Expedited Funds Availability.
- Best option if maintaining a low balance and writing under 10 checks per month.
- Eligible for alternative 24/7 Access to Funds for Deposit and Withdrawal.
|
| Account-Specific Limitations
|
- Requires timely review of the Account Statement for Unauthorized Use or Errors.
- Drafts or checks and deposit tickets used for this account must contain specific security features that are provided by the Bank's authorized check vendor. We may return unpaid any other form of draft or check or any draft or check incompletely or defectively drawn.
- NSF and Uncollected Funds. If you write drafts or checks for more than you have in your account, these items may be returned for insufficient funds. The same is true if the items are drawn on uncollected funds. We will charge your account a fee for each item presented in accordance with our current schedule of charges.
- Post Dating. If you date a check ahead, that is, post date it, and we inadvertently pay it before its date, we assume no liability for such payment and will return the item unpaid and charge the applicable fee should there be insufficient or uncollected funds when presented for payment.
- Stop Payments. If you do not want us to pay a check or draft that you have written, you can order us to stop payment. You can stop payment on an item by phone, in person or by mail. Your stop order takes effect when we record it on your account record. We will send you a confirmation form by mail. If your stop order is oral, you must confirm it in writing; if you don't, the order will be removed after 14 days. Your written order is good for six months; after six months you must renew it if you want it to continue. Stop orders must include the account number, the number, date and exact amount of the check, and the name of the payee. We are not required to stop payment on your checks or drafts if they are certified or accepted, or if we have otherwise agreed to pay them.
|
| 24/7 Funds Access |
| Telephone Banking - Inquiry and Transfers to other Gibraltar Accounts |
eligible |
| ATM Access - Inquiry and Transfers To/From other Gibraltar Accounts, Non-Cash Deposits may be made at Gibraltar owned ATMs |
FREE at Gibraltar owned ATMs |
| VISA Debit Card Access - Inquiry and Withdrawals |
eligible |
| Interest and the Annual Percentage Yield (APY) |
| This is a non-interest bearing account. You do not earn interest on this account. |
not applicable |
| Account Features |
| Minimum Initial Deposit to Open Account |
50.00 |
| Account-Specific Fees |
Monthly Account Service Fee
Minimum Daily Balance
0.00 - 199.99
200.00 and above |
4.00
2.00 |
Per Transaction Fees
Per Check
Per EFT/ACH Debit
Per Misc. Debit
Per Deposited Item
Per EFT/ACH Credit
Per Misc. Credit | 0.20
0.00 no charge
0.20
0.00 no charge
0.00 no charge
0.00 no charge |
