Electronic Funds Transfer Disclosures - Fidelity

			Fidelity Electronic Funds Transfer Disclosures
			Privacy Statement Fees Limitations for EFTs Brokerage Account Minimum Balances Mutual Fund Account Minimum Balances Business Days Documentation Periodic Statement: Direct Deposits Special Disclosure for Covered Transfers Contact Information Privacy Statement: You understand that Fidelity will disclose information to third parties about your account or the transfers you make: Where it is necessary for completing transfers, or In order to verify the existence and condition of your account for a third party, such as a credit bureau or merchant, or In order to comply with a government agency or court order, or If you give Fidelity your written permission, or For other purposes in accordance with Fidelity's privacy statement Top Fees: There is no fee to use the EFT service, although your financial institution may charge transaction fees. Top Limitations for EFTs: There may be a four-day period after Fidelity processes your request to establish EFT, during which the service will be unavailable to transfer funds to or from your bank account. Thereafter, your use of the EFT service is in most cases subject to a maximum transaction amount limit, which will vary based on the type of Fidelity account for which you are establishing the EFT service. Generally speaking, this limit will prevent you from transferring more than $100,000 to or from your bank account in any single transaction. Cumulative daily limits also apply. Finally, there is a required minimum transaction amount, which generally prohibits you from initiating a transfer of less than $10 (or, with respect to a Fidelity mutual fund account, the fund minimum) to or from your bank account. Top Brokerage Account Minimum Balances: There is no minimum account balance to process an EFT transaction; however, your core account must have adequate funds to cover a redemption. Top Mutual Fund Account Minimum Balances: There is no minimum account balance to process an EFT transaction; however, you must have an adequate balance in your mutual fund position to cover a redemption. Top Business Days: For purposes of EFTs, Fidelity's business days are Monday through Friday. Bank and New York Stock Exchange holidays are not included. Top Documentation Periodic Statement: You will receive a monthly account statement from Fidelity, unless there are no transactions in a particular month. In any case, you will receive a statement quarterly. Top Direct Deposits: If you have arranged to have direct deposits made to your Fidelity Account or Fidelity Mutual Fund Account, at least once every sixty (60) days from the same person or company, you can call Fidelity at 1-800-544-6666 to find out whether or not the deposit has been made. Top Special Disclosure for Covered Transfers: In general, your use of the EFT service for transfer of funds electronically other than those for which the primary purpose is the purchase or sale of securities (“Covered Transfers”) is covered under the Electronic Funds Transfer Act and the Bureau of Consumer Financial Protection's Regulation E and related laws and regulations. The following terms and disclosures apply to Covered Transfers: Unauthorized Transfers: You will tell Fidelity promptly if you believe your password has been lost or stolen or may have been used without your permission. Telephoning Fidelity at the number listed below is the best way of keeping your possible losses down. If you believe your password has been lost or stolen, and you tell Fidelity within two (2) business days after you learn of the loss or theft, you can lose not more than $50 for Covered Transfers if someone used your password without your permission. If you do NOT tell Fidelity within two (2) business days after you learn of the loss or theft of your password, and Fidelity can prove Fidelity could have prevented any unauthorized use if you had told Fidelity, you could lose as much as $500. Also, if your statement shows Covered Transfers that you did not make, you will tell Fidelity promptly. If you do not tell Fidelity within sixty (60) days after the first statement was mailed to you, you may not get back any money you lost after sixty (60) days if Fidelity can prove that Fidelity could have stopped someone from taking the money if you had told Fidelity in time. In extenuating circumstances, Fidelity may extend such time periods. Additional protection may be available from Fidelity for specific accounts under certain circumstances. Stop Payment Procedures: If you have told Fidelity in advance to make regular Covered Transfers out of your Fidelity account, you can stop any of these payments. Here's how: you can call or write to Fidelity using the contact information listed below. Your notice must be made in time for Fidelity to receive your request at least three (3) business days or more before the payment is scheduled to be made. If you call, Fidelity may, as an additional measure, require you to put your request in writing and get it to Fidelity within fourteen (14) days after you call. Unless otherwise provided, you may not stop payment of electronic funds transfers; therefore, you should not employ electronic access for purchases or services unless you are satisfied that you will not need to stop payment. Fidelity's Liability for Failure to Make Covered Transfers: If Fidelity does not complete a Covered Transfer to or from your Fidelity account on time or in the correct amount according to Fidelity's agreement with you, Fidelity may be liable for your losses or damages. However, there are some exceptions. Fidelity will not be liable for instance: If, through no fault of Fidelity's, you do not have enough money in your Fidelity account to make the Covered Transfer. If the money in your Fidelity account is subject to legal process or other claim restricting such transfer. If the transfer would exceed your margin availability, if any. If the bank account information you provided to Fidelity when you established the EFT service was incorrect or has subsequently become incorrect. If circumstances beyond Fidelity's control (such as fire or flood) prevent the transaction, despite reasonable precautions taken by Fidelity. If there was a technical malfunction which was known to you at the time you attempted to initiate a Covered Transfer or, in the case of a preauthorized Covered Transfer, at the time the transfer should have occurred. There may be other exceptions stated in our agreement with you. Error Resolution In the case of errors or questions about your Covered Transfers, you will call or write Fidelity using the contact information listed below, promptly. You will call or write Fidelity if you think your statement is wrong or if you need more information about a Covered Transfer on the statement. Fidelity must hear from you no later than sixty (60) days after Fidelity sent the FIRST statement on which the problem or error appeared. You will: Tell Fidelity your name and account number. Describe the error or the Covered Transfer that you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information. Tell Fidelity the dollar amount of the suspected error. If you notify Fidelity orally, Fidelity may require that you send your complaint or question in writing within ten (10) business days. Fidelity will tell you the results of its investigation within ten (10) business days after Fidelity hears from you and will correct any error promptly. If Fidelity needs more time, however, it may take up to forty-five (45) days to investigate your complaint or question. If Fidelity decides to do this, it will credit your account within ten (10) business days for the amount that you think is in error, so that you will have the use of the money during the time it takes Fidelity to complete its investigation. If Fidelity asks you to put your request or question in writing and it does not receive it within ten (10) business days, or if your account is a brokerage account subject to Regulation T of the Board of Governors of the Federal Reserve System (Credit By Brokers and Dealers, 12 CFR 220), Fidelity may not credit your account. For questions involving new accounts, point of sale or foreign initiated transactions, we may take up to ninety (90) days to investigate your complaint or question. With respect to new accounts, we may take up to twenty (20) business days to credit your account for the amount you think is in error. Fidelity will inform you of the results of its investigation within three (3) business days of its completion. If Fidelity decides that there was no error, Fidelity will send you a written explanation. You may ask for copies of the documents that Fidelity used in the investigation. Top Contact Information Fidelity Investments P.O. Box 770001 Cincinnati, OH 45277 Phone: 1-800-544-6666 Representatives are available 24 hours per day, seven days per week, to take your call. Top 699940.2.0