Bank of America, "Small business resources"

Summary

The Bank of America "Small business resources" text here is a set of numbered footnotes and disclosures for the bank's small business digital tools. They set conditions for ERICA, Mobile Banking and the Business Advantage 360 tool, which requires enrollment in Online Banking or Mobile Banking and an eligible small business deposit account, and say the bank is not responsible for third-party services such as ADP, QuickBooks and Google. Remote Deposit Online carries a monthly service fee of $15 and a two-year contractual agreement with a $250 early termination fee. The Zelle note says recipients have 14 days to enroll and that neither Bank of America nor Zelle offers a protection program for authorized payments made with Zelle.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Full text

Bank of America and the Bank of America logo are registered trademarks of the Bank of America Corporation.

ERICA: The mobile feature, ERICA, is only available in the English language. The feature requires that you download the latest version of the Mobile Banking app and is only available for select mobile devices. Message and data rates may apply.

Mobile Banking: Mobile Banking requires that you download the Mobile Banking app and is only available for select mobile devices. Message and data rates may apply.

Business Advantage 360: You must be enrolled in Online Banking or Mobile Banking to use the Business Advantage 360 tool and have an eligible Bank of America® small business deposit account. Mobile Banking requires that you download the Mobile Banking app and is only available for select mobile devices. Message and data rates may apply. Bank of America and/or its affiliates or service providers may receive compensation from third parties for clients’ use of their services.

When you use Business Advantage 360 to access services or information from third parties (“Third-Party Account Information”), you will be subject to any terms and conditions established by those third parties, in addition to Business Advantage 360 Terms and Conditions .

Bank of America, N.A. provides access to third-party websites and Third-Party Account Information only as a convenience, and is not responsible for, does not guarantee or endorse the services offered, and does not monitor or review such information for accuracy, completeness or otherwise. Information displayed through Business Advantage 360 may be more up-to-date when obtained directly from relevant third-party web sites. Neither Bank of America, its affiliates, nor their employees provide legal, accounting and tax advice.

ADP, the ADP logo, Run Powered by ADP and Always Designing for People are trademarks of ADP, LLC and its affiliates, used under license.

QuickBooks is a trademark of Intuit, Inc. used under license.

Google, Google Analytics, Google G Suite and their respective logos are trademarks of Google, LLC, used under license.

All other marks belong to their respective owners. Bank of America does not deliver and is not responsible for the products, services or performance of ADP, LLC, Intuit Inc., or Google, LLC. Third party website providers are solely responsible for their website content, information collection and use, sharing practices and level of security. Bank of America does not require you to obtain any service or product from a third-party website provider, and you doing so has no bearing on the availability or terms of any product or service offered by Bank of America.

Business Advantage Small Business Community: Bank of America is not responsible for user posts and other user content appearing on this website and does not endorse or guarantee the perspectives, the advice, the users, the businesses, or the products or services sold by any users or businesses that appear on this website.

Mobile Check Deposit: Mobile Check Deposits are subject to verification and not available for immediate withdrawal. In the Mobile Banking app, select Help & Support , then Mobile Check Deposit for details, including funds availability, deposit limits, proper disposal of checks, restrictions and terms and conditions. Requires at least a 2-megapixel camera. Data connection required. Wireless carrier fees may apply.

Remote Deposit Online: Remote Deposit Online is subject to approval and availability in your area. A monthly service fee of $15 will be assessed for this service. You must be enrolled in Online Banking to use the Remote Deposit Online service and have an open Bank of America small business deposit account to apply and be approved for enrollment in Remote Deposit Online, and fees will be billed to that account. In addition to monthly service fees, other bank fees associated with your checking account and/or for additional services may apply. See the Business Schedule of Fees available at bankofamerica.com/businessfeesataglance for details. Please also refer to the Deposit Agreement and Disclosures brochure for additional information.

Remote Deposit Online requires a two-year contractual agreement with a $250 early termination fee if canceled after initial 30-day trial or prior to expiration of the two-year agreement period.

Internet access may be required. Internet service provider fees may apply.

You may only transmit checks using the service from a Bank-approved capture device that is located within the United States.

Zelle: To send to or receive money with a small business, a consumer must be enrolled with Zelle with a linked domestic deposit account at a U.S. financial institution that offers Zelle . Small businesses are not able to enroll in the Zelle app with a debit card, and cannot send or receive payments from consumers enrolled in the Zelle app using a debit card.

Zelle should only be used to send money to friends, family or others you trust.

We recommend that you do not use Zelle to send money to those you do not know. Transfers require enrollment in the service and must be made from an eligible Bank of America consumer or business deposit account to a domestic bank account or consumer debit card. Recipients have 14 days to enroll to receive money or the transfer will be canceled. Transactions typically occur in minutes when the recipient’s email address or U.S. mobile number is already enrolled with Zelle . We will send you an email alert with transaction details after you send money using Zelle . Dollar and frequency limits apply. See the Online Banking Service Agreement at bankofamerica.com/serviceagreement for further details. Payment requests to others not already enrolled in Zelle must be sent to an email address. Data connection required. Message and data rates may apply. Neither Bank of America nor Zelle offers a protection program for any authorized payments made with Zelle .

To receive money from a small business, a vendor must be enrolled with Zelle with a linked domestic deposit account at a U.S. financial institution that offers Zelle .

Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC, and are used herein under license.

File and source

File: WB406.html
Size: 36,537 bytes
SHA-256: 634f81530911d12541483db898eedc364500f5f588f4b5320f13d4866b37e3d8
Our copy: WB406.html
Original: web.archive.org