We will notify you of the receipt of an ACH registration on your account in the regular bank statements made available to you for your account. We will not give you (and will not be obliged) the next day to notify you or any other notification. Unless expressly provided for by a separate agreement, we are not required (and will not) be required to verify with you whether an ACH debit station in your account has been authorized (and not) authorized by you prior to taking over. If the stop-payment order for a consumer account replacement check has been completed, the accelerated refinancing rules described in the “replacement notification” of that agreement do not apply unless the initial review was required to determine whether the replacement control was improperly charged to your account. You cannot stop the payment of a cheque converted by a point-of-sale merchant to an ACH debit station (an “electronic cheque conversion”). If you have a problem with an electronic cheque conversion, you must contact us within 60 days of the date of the declaration on which the transaction appeared in accordance with the rules of our e-disclosure regulation, “Your liability for unauthorized transfers,” presented elsewhere in this contract. For more information on electronic cheque conversions, see the “ACH Transactions” section in this agreement. ATMs are comfortable accessing after hours cash from your current account or savings, but it is important to be aware of the fees that may be related to their use. While you are generally aware that when you use an ATM at your own bank, using an ATM from another bank can result in mark-ups from the bank that owns the ATM and your bank. However, ATMs at no extra charge are becoming more and more popular. Some banks offer a special free current account for university students, which remains free until graduation. A common current account is an account where two or more people, usually spouses, are both able to write cheques to the account. All paid current accounts can consist of two sub-accounts: a paid audit sub-account and a paid money market sub-account.

The funds of the two sub-accounts earn interest at the same rate. Non-interest-bearing current accounts consist of two sub-accounts: a non-interest-bearing audit account and a non-interest-bearing savings account. Whether your current account is paid or not, your monthly statement displays your account as a single, integrated account. While we manage separate information for each account for regulatory purposes, all information that is provided to you is consolidated.