Terms of Service

Agreement to Terms

These Terms of Service ("Terms") constitute a legally binding agreement between you and Securebank Bank Ltd. ("Summit Trust Bank," "we," "our," or "us") governing your access to and use of our banking services, website, and mobile application.

By opening an account or using our services, you agree to be bound by these Terms. If you do not agree to these Terms, you may not use our services.

Eligibility

To use our services, you must:

• Be at least 18 years of age
• Be a legal resident of the United States
• Have a valid Social Security Number or Individual Taxpayer Identification Number
• Have a valid email address and phone number
• Not be prohibited from using financial services under applicable law

Account Opening and Verification

To open an account, you must provide accurate and complete information. We will verify your identity in accordance with applicable laws and regulations, including the USA PATRIOT Act.

You agree to:

• Provide truthful, accurate, and complete information
• Update your information promptly if it changes
• Cooperate with our identity verification processes
• Not open accounts for fraudulent purposes

We reserve the right to refuse to open an account or close an existing account at our discretion, subject to applicable law.

Account Security

You are responsible for:

• Maintaining the confidentiality of your login credentials
• All activities that occur under your account
• Notifying us immediately of any unauthorized access
• Using strong, unique passwords and enabling two-factor authentication

We will never ask for your password via email, phone, or text message. Report any suspicious communications to us immediately.

Banking Services

Deposit Accounts

Your deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor, per insured bank, for each account ownership category.

Transactions

You authorize us to process transactions you initiate through our services. You agree to maintain sufficient funds for all transactions. We may refuse to process transactions that would overdraw your account.

Transfers

Transfer limits and processing times may vary. We are not responsible for delays caused by third parties, including other financial institutions.

Fees and Charges

Our current fee schedule is available on our website and in the mobile app. We may change our fees with 30 days' notice, except where prohibited by law.

You authorize us to deduct applicable fees from your account. If your account has insufficient funds, we may decline transactions or close your account.

Prohibited Activities

You may not use our services for:

• Illegal activities, including money laundering or terrorist financing
• Fraudulent transactions or identity theft
• Gambling or adult entertainment (where prohibited)
• Purchasing illegal goods or services
• Circumventing our security measures
• Interfering with our services or other users
• Violating any applicable laws or regulations

Intellectual Property

All content, trademarks, logos, and intellectual property related to our services are owned by Securebank Bank Ltd. or our licensors. You may not use, copy, or distribute our intellectual property without our written permission.

Disclaimers

OUR SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. WE DO NOT WARRANT THAT OUR SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE.

We are not responsible for any loss or damage arising from your use of our services, except as required by applicable law.

Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, SECUREBANK BANK LTD. SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, REGARDLESS OF THE CAUSE OF ACTION OR WHETHER WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Dispute Resolution

Any disputes arising from these Terms or your use of our services will be resolved through binding arbitration in accordance with the rules of the American Arbitration Association, except where prohibited by law.

You agree to waive your right to participate in class action lawsuits or class-wide arbitration, to the extent permitted by law.

Termination

You may close your account at any time by contacting us. We may suspend or terminate your account if you violate these Terms, engage in suspicious activity, or as required by law.

Upon termination, you remain responsible for any outstanding obligations, and certain provisions of these Terms will survive.

Changes to Terms

We may modify these Terms at any time. We will provide notice of material changes through our website, app, or email. Your continued use of our services after changes take effect constitutes acceptance of the new Terms.

Governing Law

These Terms are governed by the laws of the State of New York, without regard to conflict of law principles. Federal law, including the Electronic Fund Transfer Act and related regulations, also applies.

Contact Us

If you have questions about these Terms, please contact us: