Truth in Savings Disclosure

TRUTH IN SAVINGS DISCLOSURE

Effective Date: October __, 2021

This disclosure constitutes your Truth In Savings Disclosure for your Globaling demand deposit account provided to you by Sterling National Bank (“we” or “us”) and contains the terms and conditions governing that account. You have entered into a Deposit Account Agreement, and your account is subject to that agreement.

RATE INFORMATION

Your account is a non-interest bearing account.

MINIMUM BALANCE REQUIREMENTS

There is no minimum balance required to open an account.

There is no minimum balance required to avoid the imposition of a fee.

No matter what your balance is, you will be charged $4.95 per month to maintain your account. If you cannot pay a monthly fee because there is less than $4.95 in your account. Your account balance will go negative, and we will continue to charge $4.95 a month, which will take the balance further negative. Transactions will be denied until you deposit enough funds to bring the account positive again. The monthly fee will continue to be charged until the account is closed.

FEES

Monthly Fee: You will be charged a monthly fee in the amount of $4.95 to maintain your account.

Card Replacement Fee: You will be charged $10.00 if your card is lost or stolen, or damaged and you need to replace it.

Sterling National Bank will not charge you any other fees. However, it is possible that an out-of-network ATM operator will charge you fees if you use an ATM that is not part of the Moneypass network. Some merchants may also charge fees for point-of-sale transactions or cash withdrawals. Mastercard may also charge fees associated with purchases made in a foreign currency.

TRANSACTION LIMITS

Transactions into and from your account are subject to limits set forth below:

Transaction Type	Frequency and/or Dollar Limits
Deposits:
Direct Deposits or ACH Transfers initiated from outside financial institution or third-party money transfer service	Maximum of $5,000 for any single deposit or transfer Maximum of $5,000 per day
Mobile Deposits	Maximum of $10,000 in checks per month (on a 30-day rolling basis) Maximum of $5,000 for any deposit Maximum of $5,000 per day Maximum of 10 mobile check deposits in a single day
Withdrawals
ATM Withdrawals	Maximum 5 per day Maximum $500 per withdrawal Maximum $2,500 per day Maximum $5,000 per month (on 30 day rolling basis)
Card Purchases (including cash back at POS)	Maximum 20 transactions per day Maximum $3,000 per transaction Maximum $5,000 per day
ACH Payments	No limit
Person to Person Transfers	Up to $4,000 per day Up to 8 transfers per month to non-Globaling account holders Unlimited number of transfers per month to Globaling account holders

STATEMENTS

As stated in the Electronic Communications Agreement, you have consented to receive electronic statements for your account. If you withdraw your consent to receive electronic statements (or any other electronic communications), your account will be closed. You can access your statement in the Globaling Mobile App or by accessing your account online at www.globaling.io.

ACCOUNT CLOSING BY STERLING NATIONAL BANK

Sterling National Bank reserves the right to terminate your account at any time. If your account is terminated, any proceeds in your account will be returned to you by us by check made payable to the account holder and sent to the address we have on file for your account, or by any other method available to us.