BANKING

Internet Bill Payment

Service Terms and Conditions (Consumer Accounts Only)

Service Definitions

Bill payment service may be available on your State Farm Bank account, and is subject to daily transaction limits.

The following definitions apply to the bill payment service available on your State Farm Bank® account: Service means the bill payment service offered by STATE FARM BANK — BILL PAY, through Fidelity National Information Services, Inc.

Agreement means these terms and conditions of the bill payment service. Biller is the person or entity to which You wish a bill payment to be directed or is the person or entity from which You receive electronic bills, as the case may be. Payment Instruction is the information provided by You to the Service for a bill payment to be made to the Biller (such as, but not limited to, Biller name, Biller account number, and Send On date). Payment Account is the account from which bill payments will be debited. Billing Account is the account from which all Service fees will be automatically debited.

Business Day is every Monday through Friday, excluding Federal Reserve holidays. When making payments, the Send On date is the date your payment will be generated. The Deliver by date is the date payment is received by Your Biller. For your convenience, the Send On date and the Deliver by date are displayed within the Smart Calendar function when making a payment. Due Date is the date reflected on your Biller statement for which the payment is due; it is not the late date or Grace Period. Scheduled Payment is a payment that has been scheduled through the Service but has not begun processing.

The Send Money Online feature allows You to transfer money to another recipient. The funds will be sent to the recipient no later than 1 – 2 business days, depending on the option You select. The funds will be debited from your payment account immediately.

We may refuse to honor bill payment transactions for IRA Money Market accounts, even though the service for these transactions is not restricted by the system.