Flash Deposit Terms and Conditions

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Use of First Kentucky Bank Mobile Deposit (FLASH DEPOSIT) Product

This document contains the terms and conditions for the use of First Kentucky Bank’s Mobile Check Deposit product, named Flash Deposit. Flash Deposit provides you with the option of making electronic deposits to your First Kentucky Bank account without coming into a branch. This agreement acts in addition to any previous agreement made between you and First Kentucky Bank pertaining to your account(s). By accepting this agreement, you acknowledge that First Kentucky may change or discontinue the service at any time; however we will notify you of any material change. You may discontinue use of the product at any time, by contacting us at 1-866-839-6271. Complete copy of Terms and Conditions can be found on our website at www.firstkentucky.com.

Fees: Use of First Kentucky Bank’s Flash Deposit is free. Standard rates and fees may apply from your wireless carrier. Any applicable fees for the service may be charged at our discretion at any time upon at least 30 days prior notice to you.

Eligible Customers: Only First Kentucky Bank demand deposit and savings account owners are eligible for enrollment in Flash Deposit. All mobile banking users are eligible to use Flash Deposit, however we reserve the right to change, suspend, or discontinue use of the product immediately and at any time, without prior notice to you. The abuse of Flash Deposit will result in termination of service.

Eligible Items: Only checks made out directly to the account holder may be deposited. No third party checks or checks from outside of the US. No joint payee checks, unless deposited into an account in the name of all payees. Only personal, business and government checks may be deposited via Mobile Deposit. Proper endorsement is required. All checks deposited through mobile deposit must have “for mobile deposit only” printed under the signature in the endorsement area on the back of the check.

Mobile deposits made without this verbiage may be rejected, resulting in your account not receiving credit. Daily deposit limit of $2,500.00. Increased limit may apply based on eligibility.

Ineligible Items: The following are not eligible for deposit via the mobile channel: third-party checks, money orders, traveler’s checks, checks dated more than 6 months prior to the date of deposit, items drawn on banks outside of the U.S. or payable in currency other than U.S. dollars, non-cash items, savings bonds, substitute checks, items drawn off of the same First Kentucky Bank account or any other item as identified by First Kentucky. We reserve the right to return or refuse all or any part of a deposit to your First Kentucky Bank account using Flash Deposit at any time and will not be held liable for doing so, even in such cases that cause outstanding checks or other debits to your account to be dishonored or returned.

Retention of Original Check: Once your check image has been credited to your account, retain the check for 30 days, securely destroying after 30 days. You may not present the original check or any substitute of the original check for payment again. You must make the original check available to First Kentucky upon our request for review and as necessary for us to facilitate the clearing of the check. Should you fail to produce the original check, you authorize us to debit the amount of the check in question from your account immediately.

Availability of Funds: Deposits made before 3:00pm CST will generally be available the next business day. Weekends and holidays are not business days. Funds may be delayed past the first business day based on First Kentucky Bank hold policy, but are generally available within 2 business days.

Deposit Limits: The Bank reserves the right to establish limits on the dollar amount and/or quantity of items or deposits made via Flash Deposit. If you attempt to initiate a deposit which exceeds these limits, the deposit will be rejected. The current dollar daily limit is $2,500.00 per business day. There is currently no limit on the number of items that may be transmitted. Limits may vary per User based on other services provided by the Bank.

Returns: First Kentucky Bank may charge your account for any and all returned items, including returned check images.

Mobile Deposit Requirements: Use of Flash Deposit requires a qualified camera-enabled device. You must be enrolled in our mobile banking service and have downloaded the latest version of our mobile banking app. Eligibility requirements (mentioned above) must also be met. The image of a check or item transmitted must be legible and have captured all pertinent information from both sides of the check. The image quality of the check must comply with industry standards.

These requirements include, but are not limited to, ensuring the following information can clearly be read by sight review: the amount of the check (both written and numeric); the payee; signature of the maker; date; check number; printed information on the check, including the MICR line and all other information on the check prior to submission.

Service Limitations: When using Flash Deposit, you may experience technical or other difficulties. The Bank does not assume any responsibility for any technical or other difficulties or any resulting damages that you may incur. In the event that Flash Deposit is temporarily unavailable, you may deposit original checks at our branches, via mail or night depository.

Limitation of Liability: You agree that First Kentucky 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 part arising from or related to the use of, inability to use, or the termination of the services, regardless of the form or action or claim, even if the Bank has been informed of the possibility thereof except as otherwise required by law.

Contact us with any questions regarding this or any other service at 1-866-839-6271 or by email at ebanking@firstkentucky.com. Be advised that email transmissions are not secure, as such we discourage you from sending confidential account information via email.

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