You agree that any information, disclosures, notices, data or supplemental information to or under this Agreement or by law or regulation or any amendments to this Agreement may be sent to you by electronic communication, including E-mail to you or by posting on JD Bank's website.
You acknowledge that you have read and understand and agree to the terms, conditions, provisions, rules and policies disclosed under this Agreement prior to your first attempt to access your online accounts. At the end of this document, you may either "Accept" the agreement and continue with your log on or "Decline" the agreement and return to the online banking page.
You may download and print copies, for personal use only, of any part of the Agreement to keep on file.
This JD Bank Mobile Remote Deposit Capture Service Agreement (the "Agreement") reflects the terms and conditions of the JD Bank Mobile Remote Deposit Capture Service (the "Service") that we have agreed to provide to you. Other agreements that you have entered into with us, including the Deposit Account Agreement and Disclosure, which governs your deposit accounts (the "Account") with us, are incorporated by reference and made a part of this Agreement. In this Agreement, "you" and "your" refer to the Accountholder(s) and authorized signer(s) on the Account who are Service users, and the terms "we," "us" and "Bank" refer to JD Bank.
The Service is designed to increase convenience for our JD Bank Online Banking depositors. It allows you to deposit checks ("original checks") from home or other locations to your JD Bank Accounts that you can access through JD Bank Online Banking (the "Accounts"). In order to utilize the Service, an Accountholder or an authorized signer on the Account must first log onto JD Bank Online Banking and download the Mobile Banking Application (the "App") to your Mobile or Mobile Computing Device. You may then create a digital image by scanning an original check and deliver the digital image and related deposit information ("image") to us via the Service, using your device.
Your use of the Service constitutes your acceptance of this Agreement. We reserve the right, in our sole discretion, to add, modify and/or eliminate Service features. Any change will apply prospectively on the effective date of the change, and will apply only to your future use of the Service. Your continued use of the Service will indicate your acceptance of any such change to the Service and/or this Agreement.
You agree to use the Service exclusively to scan and deposit a "check," as defined by Regulation CC, which includes "a demand draft drawn on … an office of a bank "or other financial institution (12 CFR 229.2(k)), that is payable to an Accountholder or an authorized signer on the Account. When you scan an original check and transmit it to us via the Service for subsequent presentment and collection, it will thereafter be deemed an "item" within the meaning of Articles 3 and 4 of the Uniform Commercial Code.
You may occasionally experience technical or other difficulties when using the Service. We will attempt to promptly post an alert on our website. However, we assume no responsibility for any technical or other difficulties or any resulting damages that you may incur as the result of a service interruption. We also reserve the right to, suspend or discontinue the Service, in whole or in part, or to terminate your use of the Service, in whole or in part, immediately and at any time without prior notice to you.
Deposits made through the Service by all Service users may not exceed an aggregate of $1,000 per calendar day in each Account for all account types, subject to an aggregate limit of $3,000 per calendar month. We may reject your deposit if you attempt to utilize the Service to initiate a deposit in excess of these limits. If we permit you to utilize the Service to make a deposit in excess of these limits, that deposit will still be subject to the terms of this Agreement, and we will not be obligated to accept future deposits made through the Service that exceed these established limits. We may modify these limits at any time without prior notice to you. You may comply with the deposit limits by using the App to monitor all deposits made to your Accounts through the Service over the prior 30 days.
You agree that you will not use the Service to deposit any of the following types of checks, which are considered to be ineligible item for purposes of the Service:
• A check made payable to any person other than an Accountholder or authorized signer on the Account (i.e., a check made payable to another party and then endorsed to an Accountholder).
• A check that has been altered on the front, or which you know, suspect or should know or suspect, is fraudulent or not otherwise authorized by the owner of the account on which the check is drawn;
• A check that is irregular in any way (i.e., mismatched numeric and written amounts), or is incomplete (i.e., does not contain signatures of the maker, endorsement signatures, etc.);
• A check made payable to multiple joint Accountholders (e.g., payable to the order of John and Mary), unless the check is endorsed by and deposited into an account in the name of all payees on the check. (A check made payable to, and endorsed by, a single joint Accountholder is an eligible item for deposit through the Service.)
• A check previously converted to a substitute check or a non-negotiable item.
• A check drawn on a financial institution located outside the United States (foreign item) or not payable in United States currency
• A check dated more than 6 months prior to the date of deposit (stale dated check) or a check dated after the date of deposit (postdated check)
• A check with any endorsement other than one authorized in the opening document for that Account
• A JD Bank check drawn on the same JD Bank account
• (Business Accounts Only) A check drawn on the Accountholder's personal account at JD Bank
• A money order
• A traveler's check
• An official or cashier's check that is not an "on us" check
• A HELOC access or credit card advance check
• A Comdata check
• A Savings Bond
• Cash, including foreign currency
• A Starter Kit check or temporary check
• A US Treasury check
• A Bank draft
• A check that was previously submitted through the Service or another remote deposit capture service at another bank
• A remotely created check
You agree to endorse each check deposited into a consumer account transmitted through the Service with the following endorsement:
Front of check:
JD Bank Mobile (In or above "Memo" field)
Back of check:
For Deposit Only
Your account number
You agree to endorse each check deposited into a non-consumer account transmitted through the Service with the following endorsement:
Front of check:
JD Bank Mobile (In or above "Memo" field)
Back of check:
For Deposit Only
Your account number
You agree to follow any and all other procedures and instructions for use of the Service that we may establish from time to time. You will be liable for any loss we incur from a delay or processing error resulting from an irregular endorsement or other markings by you or the maker on the original check.
Each image must provide us with all of the information that appears on the front and back of the original check at the time it is given to you by the drawer, including, but not limited to, information about the drawer and the paying bank that is preprinted on the original check, MICR information, signature(s), any required identification written on the front of the original check and any endorsements applied to the back of the original check. The image quality of an item transmitted using the Service must be legible, as determined in the sole discretion of the Bank. Without limiting the foregoing, an item's image quality must comply with the requirements established by the Bank, American National Standards Institute, the Board of Governors of the Federal Reserve Board, or any other regulatory agency, clearinghouse or association.
We reserve the right to reject any image transmitted through the Service, at our discretion, without liability to the Bank. We are not responsible for images we do not receive, such as an image that is dropped during transmission. An image will be deemed received when you receive our confirmation of receipt, as reflected by the "Delivered" icon located directly to the left of the "Deposit History" details on the App. Receipt of such confirmation does not mean that the transmission was error-free, complete or that it will be considered a deposit and credited to your Account. We reserve the right to charge back to your Account at any time any image that is subsequently returned to us or that we subsequently determine is not an eligible item. You agree and accept the responsibility for monitoring your Account statement for unaccepted or charged back mobile deposit items. You agree that the Bank is not liable for any loss, costs, or fees you may incur as a result of our chargeback of an image that is returned to us or is otherwise deemed to be an ineligible item.
You agree that items deposited using the Service are not subject to the funds availability requirements of Regulation CC. In general, if we receive and accept an image that you transmit through the Service before 5:30 p.m. Central Time on a business day, we consider that day to be the day of your deposit. If we receive your transmitted image after that time, we will consider that the deposit was made on the next business day. Funds deposited using the Service will generally be made available for withdrawal two (2) business days after the day of deposit. For purposes of funds availability, a business day is Monday through Friday, excluding all federal holidays.
In some cases, we may not make funds deposited using the Service available in accordance with this general availability policy. If this occurs, we will send you a notice informing you when your funds will be available for withdrawal. If you transmit through the Service an image of an item that we have reason to doubt is collectible, we may delay the availability of those funds for a reasonable period of time until the item is either paid or returned. We will notify you of any such action.
The manner in which any item transmitted as an image through the Service is cleared, presented for payment, and collected shall be in the Bank's sole discretion, subject to the Deposit Account Agreement and Disclosure governing the Account into which the item is deposited. Any credit to your Account for checks deposited using this Service is provisional. If an item transmitted as an image through this Service is dishonored, rejected or otherwise returned unpaid by the drawee bank, or is rejected or returned by a clearing agent or collecting bank, for any reason, including, but not limited to, issues relating to the quality of the image, we will charge back to your Account the amount of the original check. The original check will not be returned to you, but we will provide you with an image or paper reproduction of the original check or a substitute check. You will reimburse us for all loss, cost, damage or expense caused by or related to processing the returned item. Without our approval, you will not attempt to deposit or otherwise negotiate an original check if it has been charged back to you or denied through the Service.
We may debit any of your Accounts (excluding Tax-favored Accounts) to obtain payment for any item transmitted as an image through the Service that has been rejected or returned, for any adjustment related to such item or for any warranty claim related to such item, whether or not the rejection, return, adjustment or warranty claim was made timely.
After you receive confirmation that we have received and accepted an item that you transmitted as an image through the Service, as reflected by the "Delivered" icon located directly to the left of the "Deposit History" details on the App, you must securely store the original check for 5 business days after transmitting the image to us. During that time, you must make the original check accessible to us at our request. If we request and you fail to provide the original check promptly during this 5-day period, we will deduct the amount of the requested original check from your Account. You agree that, while you retain the original check, you will safeguard it and that, promptly after the 5-day period expires, you will destroy the original check by first marking it "VOID" and then destroying it by cross-cut shredding or another commercially acceptable means of destruction. After destruction of an original check, the image will be the sole evidence of the original check.
You agree that you will never re-present an original check that has been transmitted as an image through the Service. You understand that you are responsible if anyone is asked to make a payment based on an original check that you imaged and transmitted as an image through the Service that has already been paid.
You agree to notify us of any suspected error regarding an item deposited as an image and transmitted through the Service but and in no event later than 60 days after the Account statement that reflects the suspicious transaction is sent to you. Unless you notify us of an error within 60 days after receiving the statement on which it appears, all deposits made through the Service that are reflected on the statement will be deemed correct, and you will be prohibited from bringing a claim against the Bank for any alleged error appearing on that statement.
By using the Service, you accept the risk that an item that you transmit as an image through the Service may be intercepted or misdirected during transmission. The Bank bears no liability to you or others for any such intercepted or misdirected images or information disclosed through such errors.
You warrant to us that, with respect to each original check that you transmit to us as an image through the Service:
• The amount, payee(s), signature(s), and endorsement(s) on the image and on the original check are legible, genuine, and accurate.
• You will not transmit duplicate items and there are no duplicate images of the check.
• You will not transmit through the Service an image of any item if you are aware of any facts or circumstances that may impair the collectability of that item.
• The digital image of the check transmitted to us through the Service is a true and correct image of the original check and was authorized by the drawer in the amount stated on the original check and has not been altered in any manner by you or any third party acting on your behalf.
• You have reviewed and confirmed that the image captured is identical in all respects, including its amount to the original check.
• You will not re-deposit or re-present the original check.
• You are authorized to enforce and obtain payment of the original check, you have possession of the original check, and no party will submit the original check for payment.
• You will not deposit or otherwise endorse the original check to a third party and no person will receive a transfer, presentment, or return of, or otherwise be charged for the original check or a paper or electronic representation of the original check such that the person will be asked to make payment based on an item that was transmitted to us as an image through the Service and has already been paid.
• All information that you provide to us is accurate and true.
• You will comply with this Agreement and all applicable rules, laws and regulations applicable to using this Service.
With respect to each image, you make to us all representations and warranties that we make or are deemed to make to any party pursuant to law, regulation or clearinghouse rule. You agree that files and images transmitted to us through the service will contain no viruses or any other disabling features that may have an adverse impact on our network, data, or related systems. You agree to indemnify and hold harmless the Bank from any loss resulting from your breach of these warranties.
You are solely responsible for the quality, completeness, accuracy, validity and integrity of the image of the original check transmitted through the Service. You are solely responsible if you, intentionally or unintentionally, submit fraudulent, incorrect or illegible images to us or if the Service is used by authorized or unauthorized persons to submit fraudulent, unauthorized, inaccurate, incorrect or otherwise improper or unusable images to us.
In addition you agree that you will not modify, change, alter, translate, create derivative works from, reverse engineer, disassemble or decompile the technology or Service, copy or reproduce all or any part of the technology or Service; or interfere, or attempt to interfere, with the technology or Service.
You will use the Service for lawful purposes and in compliance with all applicable laws, rules and regulations. You warrant that you will only use the Service to transmit acceptable items for deposit and have handled the original checks in accordance with applicable laws, rules and regulations.
You agree to cooperate with us in investigating unusual transactions or poor quality transmissions, and in the resolution of claims related to items transmitted as images through the Service, including by providing, upon request and without further cost, any originals or copies of items deposited through the Service that are in your possession and your records relating to such items and transmissions.
We and you, as the Service user, represent, warrant and covenant that (i) the Bank or the Service user, as applicable, will comply with all applicable laws, rules, regulations and prevalent industry standards in use of the Service software, including compliance with applicable requirements under state and federal laws and regulations related to data security and nonpublic personal information, as defined or used in such applicable law or regulation; and (ii) we will provide any and all necessary and appropriate notices and obtain all necessary and appropriate consents with respect to its customers.
The Service may be temporarily unavailable due to system maintenance or technical difficulties, including those of the Internet service provider, cellular service provider and Internet software. In the event that the Service is unavailable, you may deposit original checks at our branches or mail the original checks to us at: 1611 Elton Rd Jennings, LA 70546; Administration Bookkeeping.
You must promptly complete each image transmission made through the Service. If you are unable to complete your transmission promptly, you will ensure that your Mobile and/or Mobile Computing Device remains securely in your possession until the deposit has been completed. It is your responsibility to establish and maintain procedures to safeguard against unauthorized deposits made using the Service. If you learn of any loss or theft of original checks, you must notify us immediately by telephone at (800) 789-5159 or (337) 824-1422 or in writing to 1611 Elton Rd Jennings, LA 70546; Administration Bookkeeping. You must ensure the safety and integrity of original checks from the time of receipt until the time of destruction. If warranted in our reasonable judgment, we may audit and monitor you, and you agree to cooperate with us to permit such monitoring, to confirm that you have satisfied your obligations under this Agreement.
You understand and agree that you are required to indemnify us and hold us harmless against any and all claims, actions, damages, liabilities, costs, and expenses, including reasonable attorneys' fees and expenses arising from your use of the Service and/or breach of this Agreement.
We may waive enforcement of any provision of this Agreement; however, no waiver of a breach of this Agreement will constitute a waiver of any prior or subsequent breach of the Agreement. Any such waiver will not affect our rights with respect to any other transaction or to modify the terms of this Agreement. If provision of this Agreement is deemed to be invalid, illegal, or unenforceable to any extent, the remainder of the Agreement will not be impaired or otherwise affected and will continue to be valid and enforceable to the fullest extent permitted by law.
You understand and agree that you are required to indemnify our technology partners and hold harmless their affiliates, officers, employees and agents from and against any third party claims, suits, proceedings, actions or demands, including to claims of another financial institution, business entity or governmental authority, and all losses, liabilities, damages, fines, penalties, costs and expenses, including court costs and reasonable attorney fees and expenses, arising from such claims, to the extent such claim is related to FI or End User's use of the Services, unless such claim directly results from an action or omission made in bad faith by our technology partners.
You agree that we retain all ownership and proprietary rights in the Service, associated content, technology, and website(s). Your use of the Service is subject to and conditioned upon your complete compliance with this Agreement. Without limiting the effect of the foregoing, your breach of this Agreement immediately terminates your right to use the Service. Without limiting the restriction of the foregoing, you may not use the Service (i) in any anti-competitive manner, (ii) for any purpose which would be contrary to our business interests, or (iii) to our actual or potential economic disadvantage in any aspect. You may not copy, reproduce, distribute or create derivative works from the content and agree not to reverse engineer or reverse compile any of the technology used to provide the Service.
YOU AGREE THAT YOUR USE OF THE SERVICE AND ALL INFORMATION AND CONTENT (INCLUDING THAT OF THIRD PARTIES) IS AT YOUR RISK AND IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. WE DISCLAIM ALL WARRANTIES OF ANY KIND AS TO THE USE THE SERVICE, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. WE MAKE NO WARRANTY THAT THE SERVICE WILL MEET YOUR REQUIREMENTS OR WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE. WE MAKE NO WARRANTY THAT THE RESULTS THAT MAY BE OBTAINED WILL BE ACCURATE OR RELIABLE OR THAT ANY ERRORS IN THE SERVICE OR TECHNOLOGY WILL BE CORRECTED.
YOU AGREE THAT WE WILL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES, INCLUDING, BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA OR OTHER LOSSES INCURRED BY YOU OR ANY THIRD PARTY ARISING FROM OR RELATED TO THE USE OF, INABILITY TO USE, OR THE TERMINATION OF THE USE OF THE SERVICE, REGARDLESS OF THE FORM OF ACTION OR CLAIM (WHETHER CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE), EVEN IF WE HAVE BEEN INFORMED OF THE POSSIBILITY THEREOF, EXCEPT AS OTHERWISE REQUIRED BY LAW.
JD Bank Bill Pay service allows you to schedule your bill payments automatically through JD Bank Online Banking. You can schedule, at your option, the payment of current, future and recurring bills from your checking account at JD Bank. The Bank will debit your account, ON THE DATE YOU SPECIFY, and send by mail a check to your payee the next business day. The details of restrictions, your responsibilities and JD Bank's responsibilities are outlined in detail below.
You must have a checking account with JD Bank to use bill pay. If "two signatures" or more are required to withdraw funds from your checking account, all signers on the account are prohibited from using bill pay.
There is no limit to the number of bill payments that you may authorize. However, the types of payees of your payments are limited and exclude the types indicated in the notice below. If you set up Pay to a prohibited payee we will not be liable for any fees or charges incurred as a result of the prohibited payee transaction(s).
By initiating a Bill Pay scheduled transaction and furnishing us with the names of your payees/merchants and their addresses, you authorize us to follow the payment instruction to these payees/merchants that you provide us via JD Bank Online Banking. When we receive a payment instruction for a current or future date we will remit the funds to the payee on your behalf from the funds in your selected checking account on the day you have instructed the payment to be sent ("Payment Date"). The amount you indicate for payment is charged against your account's "Available Balance". If your account does not have "Sufficient Funds" in the available balance, the payment will not be processed. Our system will attempt to process the payment for seven (7) consecutive business days. A written notice, informing you of the insufficient funds status, will be sent to you after the second day's payment attempt and after the seventh day's payment attempt. After the seventh attempt, the scheduled payment will be cancelled. In this event we will also not be liable for fees or charges incurred.
Funds for all bill payments (whether these payments are made by us electronically or mailed by check) will be withdrawn from your account's "Available Balance" ON THE DAY that the payment is scheduled to be sent to the payee.
Your Available Balance is the balance according to our funds availability schedule of processing your deposits. You must be certain that there are adequate available funds in your account on the date your bill payment is scheduled.
The account to be charged against a bill payment must have enough money (sufficient funds) to cover the charge on the day the payment is scheduled.
Any payments made with JD Bank Bill Pay require sufficient time for your payee to receive the payment and credit your account properly. To avoid incurring a finance charge with your payee, you must schedule a payment sufficiently in advance of the due date of your payment. When you schedule payments: YOU MUST SCHEDULE THE PAYMENT AT LEAST SEVEN (7) FULL BUSINESS DAYS PRIOR TO THE DATE THE PAYMENT IS DUE AT YOUR PAYEE. We recommend seven (7) to ten (10) days for most vendors. Our experience with large national companies (ex: credit card, mortgage) is that they take even longer to process. Please allow ample time in order to prevent any late fees or penalties.
Example: Mr. Thibodeaux has a monthly telephone service payment due on the 15th of each month. He knows that the minimum advance time to schedule a bill payment is at least 7 and up to 10 business days prior to the due date. Mr. Thibodeaux's telephone service billing address is in Louisiana so he schedules his payment for the 6th of the month (7 business days in advance of the due date). He also has a credit card payment due on the 20th of each month. This credit card company is a national company with an out of state billing address. Therefore, he schedules his payment for the 6th of the month (10 business days in advance of the due date). This way he is allowing ample time for processing and mailing.
You have the right to stop or change any scheduled payment. You must contact us no later than 2:00 PM (Central Standard Time) on the preceding day for which the applicable payment is scheduled. Calling on the day of a scheduled payment is too late.
If you have scheduled a bill payment in a timely manner (as described above) to an accepted payee and the payment is not paid on time, or in the correct amount, JD Bank will bear responsibility for late charges subject to the eight (8) exceptions stated below.
It is the policy of JD Bank to put forth our best efforts to make sure all your payments are processed accurately and timely. However, JD Bank shall incur no liability if it is unable to complete any payments initiated by you via Online Banking because of the existence of one or more of the following circumstances:
The fee for using Bill Pay is $4.00 per month for up to 15 transactions and $0.40 for each additional transaction. Your account will be charged the scheduled fee monthly*.
*The Bill Pay fee will be charged to your account on the last business day of the month. This fee will be charged each month regardless of your bill payment scheduling activity. The Bill Pay fee will continue even if you do not use Bill Pay once you have established the service. If you decide to stop using the service, you must notify us to cancel your bill payment monthly fee via email or see the Communicating With Us and Email section above.
The Bill Pay fee is accessed on a per user basis. In regards to joint accounts, each registered Bill Pay user will be charged the monthly fee.
The JD Bank Online Banking Agreement definition of "You" means each signer on an account. The terms of the Agreement extend to all signers on the account(s) you are accessing on Online Banking. The same applies to the Bill Payment responsibilities. Each Bill Pay member can consist of single or joint signers of an account. Joint owners (members) share the same payee list (when using Bill Pay), and are subject to the joint tenancy rules contained in the "Account Terms and Conditions" disclosure agreement for that checking account. Any account owner may close the JD Bank Bill Pay service and any owner may authorize transfers to or from the joint account.
Each member (signer on account) is assigned a unique (individual) JD Bank Online Banking password. Since joint signers on an account share the responsibilities with all signers on the account, the terms and conditions of this Agreement apply to all signers.
Passwords are unique to each user accessing Online Banking. For joint and multiple signer accounts, each signer is assigned a unique access ID and password and is responsible for the confidentiality of their individual access ID and password. Access IDs and Passwords must never be compromised or shared with any other person or signer on an account.
The Online Banking Security system is equipped with state of the art hardware and software engineered by a leading bank vendor.
JD Bank has implemented firewalls with intrusion detection 24 hours a day 365 days a year.
JD Bank is set up through a Secure Server ID and uses128-bit SSL encryption to protect our customers' information.
By using a Secure Server ID, available from as part of its Secure Site and Secure Site Plus solution package, along with 128-bit SSL encryption:
JD Bank is enabling our Online Banking site to conduct authenticated, encrypted on-line commerce.
Users visiting our Site are able to submit account numbers and other personal information, with assurance that they are really doing business with us (and not an impostor).
The information that you are sending and receiving while on line with us cannot be intercepted or decrypted by anyone other than the intended recipient.
Clicking on the VeriSign Seal at the bottom of our Online Banking web pages should bring up the following. If not, do not continue, contact us @ (800)789-4490.
Security remains the primary concern of on-line consumers. The VeriSign Secure Site Program allows you to learn more about web sites you visit before you submit any confidential information. To verify this site, please click the VeriSign Secure Site Seal below.
If the information is correct, you may submit sensitive data (e.g., credit card numbers) to this site with the assurance that:
This site has a VeriSign Secure Server ID.
VeriSign has verified the organizational name and that JD BANK has the proof of right to use it.
This site legitimately runs under the auspices of JD BANK.
All information sent to this site, if in an SSL session, is encrypted, protecting against disclosure to third parties.
To ensure that this is a legitimate VeriSign Secure Site, make sure that:
We reserve the right to change the fees or other terms described in the Agreement at any time. This does not include any changes to your "Account Terms and Conditions" you received when opening your account. Changes in Account Terms will always be mailed to you at least 30 days in advance of the change. Any charges, fees or other terms changed that affect this Site will be posted at this Site.
NOTICE: All transactions conducted over Online Banking are considered by the federal government as electronic "telephonic" transfers and considered "third party transfers" and are limited in number per statement cycle (month) for certain accounts under the Federal Reserve Act (Reg. D). Refer to the disclosure that details the transactions allowed under Reg D that you were provided upon opening a savings, money market or tiered interest account.