Personal Membership - Terms and conditions

Operation of Account

Definitions

Personal Deposit Accounts

Deposits and Credits

Withdrawals, Cheques and Debits

Examining Transaction Information

Information Storage

Errors Discovered by Meridian

Meridian Debit Card Services

Electronic Services

Mobile Payment Services

Deposit Anywhere™

Member Consent to the Collection, Use, and Disclosure of Personal Information

Foreign Account Tax Compliance Act (FATCA) & Common Reporting Standard (CRS)

The Personal Membership Application, which you signed, provides an explanation of Meridian’s
services described below, their use, and important information about our accounts. The
Agreement between you and Meridian is formed by this document and any additional terms for
a particular product or service which are provided to you separately at the time of purchase.

Please review this document. It may cover more products or services than you may be currently
using, and some sections may not apply to you at this time. Meridian reserves the right to
unilaterally amend the terms and conditions of this Agreement and make such amendments
effective upon giving you notice of any such amendments.

If you have any questions about our services, any of your accounts or any of the information in
this document, please contact your branch or the Contact Centre at 1 866 592-2226.

You agree to operate the account by complying with Government Regulations and/or all
applicable Federal, Provincial, and Municipal laws and by-laws while adhering to all policies and
procedures in place at Meridian. Said obligation is transferred throughout any updates, changes
and/or modifications to the aforementioned regulations and laws. Meridian reserves the right to
discontinue the operation of this account should public information come to our attention that
confirms that continued operation of this account may create an impending risk to Meridian
and/or its Members:

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 Operation of Account

Definitions
Access Terminal – means any device used to access any of your Accounts, including, without
limitation, an ATM, a computer, a portable hand held device, or a telephone, including any form
of mobile telephone or Mobile Device.

Account — means any personal account of the Member with Meridian.

Account Agreement — means any and all agreement(s) entered into by the Member and
Meridian, as required by Meridian account opening procedures at the time of account opening.

Autodeposit — an Interac e-Transfer feature that allows users to register to have

incoming Interac e–Transfer funds deposited directly into their bank account without the
requirement for a security question and answer.

Card — A Meridian Debit Card or any other card that is issued to the Member by Meridian. All
references to "Debit Card" in this Agreement include the card(s) registered for use with the
Mobile Payment Service.

Deposit Anywhere™ — means a service offered to approved Members as a part of Meridian's

Electronic Services. This service is available only through the use of Mobile Device, and permits
Members to deposit the face value of cheques that are payable to the Member(s) alone into the
Account by imaging them and transmitting the resulting images to Meridian.

Electronic Services — All of the services made available to the Member, with the prior
approval of Meridian, through the use of Equipment and applicable software, in combination
with a Password or a Passcode, and potentially includes, as of the date of this Account
Agreement, Telephone Services, Internet Services, Mobile Payment Service, Interac e-
Transfers® Services, Interac e-Transfer® for Business Services, and Deposit Anywhere
Services.

Equipment — The equipment, such as a land-line telephone, personal computer, or Mobile

Device, which, when used with software (where applicable) and a Password or a Passcode,
permit access to the Electronic Services.

Instrument — A cheque, order of payment, bill of exchange, promissory note, security note,
electronic debit or credit or other payment instrument.

Interac e-Transfers® Services — is a service provided by Interac® and offered to Members as

a part of Meridian’s Electronic Services. This service allows members to send money to another
person provided they hold a Canadian dollar account with another Canadian financial institution,
and receive money from another person who sends to you an Interac e-Transfer. In order to
receive these services, you must enter into an Electronic Services Agreement with Meridian,
and be receiving either Internet Services or the Mobile Payment Service. Notwithstanding the
definition of Electronic Services, you may receive an Interac e-Transfer from a sender using
your account number as the Interac e-Transfer Contact Information (defined below), even
though you have not entered into an Electronic Services Agreement with Meridian. E-Transfers

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 are not counted towards your monthly self-serve transactions within the respective chequing
package that you hold.

Interac e-Transfer Answer — means the word or phrase created by the sender of a money
transfer and used by the recipient to claim the money transfer using Interac e-Transfer Services.

Interac Contact Information — means the electronic contact information, including, without
limitation, an account number, payment identifier, email address or telephone number, used in
sending and receiving a money transfer using Interac e-Transfer Services.

Interac Notice – means the electronic notice sent to the recipient of a money transfer, when
such money transfer is sent using Interac e-Transfer Services. The Interac e-Transfer Notice
may be read by using an Access Terminal.

Internet Services — means the Electronic Services accessible through the use of Equipment,
other than a land-line telephone or the telephonic function of a Mobile Device.

Limit — The maximum amount that may be withdrawn or received as a cash advance each day
through an Automatic Bank Machine with a Meridian Debit Card. Limits may be established or
changed from time to time without notice.

Meridian, we, us, and our — Refers to Meridian Credit Union Limited.

Member, you, your and yours — A Member is an individual who holds membership shares at
Meridian Credit Union Limited and whose name appears on the Personal Membership
Application. If the Joint Membership Authorization has been completed, Member refers to the
Member on the Personal Membership Application, as well as all the Joint Members.

Mobile Device — means a Mobile Device that permits data and/or text messaging and which
may or may not feature a telephonic function.

Mobile Network Operator — means a telecommunications service provider that supplies

wireless voice and data communication services to its subscribers;

Mobile Payment Service — means the service that allows Meridian Debit Card holders to
perform Point-of-Sale transactions using a Mobile Device.

Outstanding Balance — All overdraft amounts charged to the Account, less all amounts
repaid, plus unpaid accrued interest.

Participating Financial Institution — means a financial institution that participates in the

system that is used to send and receive Interac e-Transfer® Services, and includes Meridian.

Passcode — means a 6-12 digit numeric code chosen by the Member for their sole use, which,
when used in conjunction with the Mobile Payment Service, authenticates the Member's identity
and authorizes transactions.

Password — means an alphanumeric code assigned to or chosen by the Member for their sole
use, which, when used with the software (as applicable) and Equipment, permits access to the

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 Electronic Services, and is used to authenticate the Member's identity and authorize
transactions.

PIN — means a Personal Identification Number, which allows the Member to use the Meridian
Debit Card to conduct transactions on an account.

Signing Authority — means any person authorized to sign on an Account.

Telephone Services — means the Electronic Services made available through the use of the
land-line telephone or the telephonic function of a Mobile Device.

Third Party — For the purpose of Third Party Determination, refers to any individual or entity,
other than the Member(s) establishing the account, who directs how the account is operated or
transactions that will flow through the account. For any other purpose, Third Party refers to any
person, firm, corporation, association, organization or entity other than you, us, or a party that
assists us in supplying any of the services to you.

Transaction — means a transaction performed using any of the non-electronic services or the
Electronic Services.

Wrongful Activity — means any use or attempted use of the Interac e-Transfer Services by
You or a Third Party, acting alone or in concert, that is fraudulent, unauthorized, made in bad
faith or otherwise improper, whether for financial gain or otherwise.

Personal Deposit Accounts

This agreement governs all transactions and information, whether completed in person or
through an electronic or other channel.

You will promptly notify us of any change in legal address, occupation, place of employment or
account use status.

You will indemnify us against all claims in relation to the operation or instruments associated
with this account.

Deposits and Credits

You may open any number of personal deposit accounts. You may use your account for
personal banking needs only. If you use your account for the purpose of carrying on a business
or enterprise, we reserve the right to charge you business banking service charges and/or close
your account.

We will accept for you, on your behalf, deposits of cash (including coin but not through
Automated Banking Machines (ABMs)), cheques, money orders, bills of exchange and/or
instruments representing money, whether negotiable or non-negotiable or in any other manner
acceptable to us. You will not hold us responsible if the aforementioned instruments are
returned unpaid or dishonoured for any reason.

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 We may not accept third-party instruments which bear a prior endorsement for deposit if we are
unable to verify that endorsement.

We may, at our option, place a hold on your account for the amount of items deposited until
such items have been verified and/or cleared and/ or honoured. Such amounts held may earn
interest at the applicable rate but are not available for withdrawal.

Returned Instruments
If an Instrument is returned unpaid or dishonoured for any reason, we will reverse the credit or
charge against your account the amount of the instrument. We will reverse any interest paid on
that credit to your account. If the reversal of this credit or charge against your account involves a
currency exchange and/or overdraft to the account, you agree to be responsible for any cost or
loss associated, which will be charged to your account.

You agree that we are not responsible for the collection of such items from the original maker,
drawer or payor, but you may request us to attempt collection of such items, for which service
we may require payment of a fee.

Should any instrument received by us for your account by way of deposit, discount, collection or
otherwise be lost or stolen or otherwise disappear for any cause whatsoever, other than
negligence on our part, we may charge your account with the amount of such Instrument and
you agree to pay the same.

We may use any and all deposits made pursuant to this agreement in the manner set out and
prescribed in the Credit Union and Caisses Populaires Act, 1994, and subsequent
Amendments.

Withdrawals, Cheques and Debits

You acknowledge that digital or electronic representations of cheques and other instruments, or
the relevant information from the cheque or instrument, may be made or captured and used by
financial institutions involved in the exchange and clearing of payments in Canada and a
representation or information for all purposes as if it were the paper item.

You may withdraw credit balances and overdrafts permitted in an account in any of the following
ways:

Cheques
You may draw cheques on any account unless otherwise indicated. Your cheques are encoded
with your account number and may be used for a specific account only. We are not responsible
if a cheque with written account instructions which differ from the account number encoded on it
is processed according to the account number encoded and the cheque may be refused to be
honoured.

You acknowledge that Meridian and other financial institutions may reject any cheque or other
instrument that does not comply in all respects with all applicable laws, regulations, rules and
standards of Meridian and/or the Canadian Payments Association. We may make a reasonable

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 service charge against your account for the operation of the account and may debit the account
with the amount of such charge.

Care and Control of Cheques and Statements

You are responsible for the care and control of cheques and statements. You will maintain
cheques and statements safely at all times. You will notify us immediately upon becoming
aware of cheques or statements that are lost or stolen. You must take reasonable precautions
to protect cheques.

You are responsible for all unauthorized use, including, but not limited to, any forgery, material
alteration, or fraudulent counterfeiting, of cheques or other instruments, and we will have no
responsibility for such use, unless you prove to us that you took reasonable precautions to
prevent such use, whether or not you have given proper notice to us within the 30 day period
referred to in the sections below headed “Account Statements” and “No Statement Option”, as
applicable.

Cheque Hold Periods

When you deposit a cheque (or any other negotiable instrument) through any method (i.e. at a
branch, through an Automated Bank Machine (“ABM”), or via online mobile deposit capture), the
funds from the cheque may not be immediately available. Meridian Credit Union (“Meridian”)
may place a hold on your cheque to facilitate clearing of the item. Learn more about cheque
hold periods

Examining Transaction Information

Account Statements
If you have not entered into an Electronic Services Agreement with Meridian, we may mail a
statement of account to your last known address. We may, in our discretion, change the
frequency or method of distribution of account statements.

You agree to examine carefully all statements of account and other transaction information, as
soon as it is received either physically or electronically. You agree to promptly notify us of any
errors, irregularities or omissions in such statements or information, as soon as you discover it
and, in any event, within 30 days of the date of the statement or information.

If you do not notify us of any such errors, irregularities or omissions prior to the expiry of this
time limit, you agree that, notwithstanding any negligence on our part, the transactions shown
on the statement or information are binding on you, and that the ultimate balance shown on the
statement or information is correct.

You promise to advise us promptly if the Record of Account has not been provided or made
available within five (5) calendar days of the date of deemed Delivery. Absent any complaint
received within such five-day period, Delivery of the records shall be conclusively deemed to
have occurred as provided above.

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 No Statement Option
You acknowledge that it is solely your responsibility to regularly and carefully verify, via
telephone access to the Contact Centre or Online Banking, or by use of such other means that
may be made available by us, that there are no errors, omissions or irregularities with respect to
entries posted to your account. In any event, you agree that if you do not notify us that there is
an error, omission or irregularity with respect to any transaction posted to your account, prior to
the expiry of 30 days after the posting date of the transaction, you agree that, notwithstanding
any negligence on our part, the transaction shown on our electronic records, made available to
you for verification purposes, is binding on you, and the balances shown thereon at the time of
the transaction, are correct.

Stop Payments
If an item has not already been paid, you may ask us to stop payment of a cheque or pre-
authorized payment drawn on any of your accounts. You must give exact details of the amount
of the item, cheque number, if applicable, date of item, payee, and the full account number on
which it is drawn in order for the item to be stopped. If the information that you give is incorrect,
we will not be responsible if unable to effect the stop payment request.

Compliance with Laws

You acknowledge that all Instruments will be issued and paid and all transactions will be
processed in accordance with the applicable laws and regulations, including the rules of the
Canadian Payments Association and any foreign clearing associations, as well as any self-
regulatory codes adopted by us.

NSF Items (cheques/transfers/pre-authorized payments)

When there is not enough money in your account and the appropriate credit has not been
arranged, then the cheque or other item will be returned unpaid and an NSF charge will be
made to your account.

Pre-Authorized Payments
You may arrange with another party to have payments withdrawn from your account and sent
directly to them on a regular basis.

Transfers
You can transfer funds from any of our branches, via telephone service, Online Banking or
ABMs.

Withdrawals
You may withdraw funds at any of our branches or ABMs. You may be required to present
identification.

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 Withdrawal Notice
You acknowledge that Meridian's Board of Directors may require 30 days' notice of your
intention to make a withdrawal.

You acknowledge that Meridian and other financial institutions may reject any cheque or other
instrument that does not comply in all respects with all applicable laws, regulations, rules and
standards of Meridian and or the Canadian Payments Association.

Information Storage
All information relating to your Account may be recorded or stored by us in such forms and by
means of such devices as we may see fit. We are under no obligation to retain original paper
cheques or vouchers for amounts charged to the account.

We may use the services of any electronic data processing service bureau or organization in
connection with keeping any of your accounts. We shall not be liable to you by reason of any act
or omission of such service bureau or organization in the performance of the services required
of it.

Authority to Charge Accounts

We will charge current service charges for services that we perform at your request. Service
charge details can be obtained from any branch location or the Contact Centre at 1-866-592-
2226. We will debit your account for any applicable services in the currency of the account. If
there is not enough money in the account to cover the service charges, you agree to repay us to
cover the overdrawn amounts either by immediately making a deposit to the account or allowing
us to charge any other account you have with us, either solely or jointly with others. Our service
charges are subject to change from time to time and the changes will be posted in all our
branches.

Costs and Legal Fees

You agree to pay us for any cost to recover amounts that you owe us. These costs include
reasonable counsel fees. If you fail to pay these costs, they will be charged to your account.

Use of Services
You will not use any service for illegal, fraudulent or defamatory purposes, or take steps which
could undermine the security or integrity of any Service.

Joint Accounts

If you authorize a joint account where two or more of you are authorized to operate an account,
agree to the following terms, which apply individually and collectively to all of you:

You may choose any one of you, all of you, or any number of you, to act as signers on the
account, as designated in the Joint Membership Authorization.

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 If applicable, you agree that only one statement will be sent for this account to the address on
record.

You agree that the amounts held in the joint account (other than registered products held under
the account number of this joint account), together with interest and dividends, are owned by the
joint tenants with right of survivorship. Where this has been done, it is your intention that, on
your death, the balance of the joint account shall not be treated by us as an estate asset, and
this shall constitute your irrevocable direction to us to pay the balance of account to the
surviving account holder(s) and to act in accordance with such direction.

Everything in this Agreement shall refer to each and all of the Members on the account,
individually and jointly. You agree to be jointly and severally liable for any debts, liabilities or
other obligation under this agreement or in connection with the joint accounts. Unless you direct
us otherwise, you agree that we may assume that the joint account holders own any balance in
equal shares until the death of one of the joint account holders.

If two signatures or more are required to make a withdrawal, you agree that we may assume
that the joint parties own any balance equally.

Inactive Accounts
You acknowledge and agree that an account will be designated as inactive if you have not
made any contact with us (by way of withdrawal, deposit or online transaction), within a one-
year period. We will attempt to notify you if your account becomes an inactive account by
sending a notice to your last known address. In any event, upon the passage of two years, and
then five years, from the latter of the date of the last transaction you made on the account, and
the date on which a statement of account was last required or acknowledged by you, we send a
notice to your last known address or through secured messaging advising your than deposits in
the account remain unpaid. If there are insufficient funds in your account to cover the service
charges, you shall be deemed to have authorized us to close the account, without further notice
to you.

Meridian Web Site

Your use of our Web site is subject to the current terms of use posted on the Web site. When
you access any portion of our Web site, you are deemed to be bound by such current terms and
conditions.

Changes to Agreement
Meridian can add to or change the terms and conditions of this Agreement from time to time, but
Meridian will give at least 30 days' notice of any such additional or amended terms and
conditions. The 30-day notice will run from the date a notice is mailed or e-mailed to your last
known e-mail address, or is first displayed at the branch or on the sign-on screen when the
Member accesses Online Banking. If you continue to use any service after the effective date,
you will be deemed to have accepted such additional or amended terms and conditions.

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 Execution
This Agreement may be executed in several counterparts or electronically. When executed in
counterparts, each counterpart shall be deemed to be an original and such counterparts
together shall constitute one and the same instrument and notwithstanding the date of execution
shall be deemed to bear date as of the date written below. When executed electronically, use of
any services shall be deemed to be acceptance of the terms and conditions hereof as of the
date of first use.

Errors Discovered by Meridian

We reserve the right to make corrections/adjustments as seen fit at any time to entries and/or
records with supporting documentation.

Meridian Debit Card Services

Nature and Purpose of the Debit Card

You will use the Debit Card only for the purpose of obtaining such services as are agreed upon
between you and Meridian. On 30 days' written notice, we may add to or delete from the types
of use that are permitted, and the issuance of the Debit Card does not amount to a
representation or a warranty that any particular type of service is available or shall be available
at any time in the future. This agreement, and the fact that you have the use of the Debit Card,
does not give you any credit privileges or any entitlement to overdraw your account, except as
provided by separate agreement with us.

Confidentiality and Personal Identification Number (PIN)

You will not select an obvious combination of digits for your PIN (e.g., your name, address,
telephone number, birth date, or Social Insurance Number). You understand that we have only
disclosed the PIN to you and to no one else, and you will never, under any circumstances,
disclose the PIN to any other person. You will not keep a written record of the PIN, unless the
written record is not carried on or next to the Debit Card and is in a form indecipherable to
others. You will always screen the entry of the PIN with your hand or body. Should a breach of
the PIN be discovered, immediately contact your branch or the Contact Centre at 1-866-592-
2226 to have the card deactivated.

Interac Flash®
The Member understands that Interac Flash is a service provided by Interac and offered to
Members as a part of Meridian's Debit Card Services. This service allows you to make
contactless payments within Canada at merchants that have an Interac Flash enabled card
reader at Point of Sale, without being required to swipe or insert your card and enter a PIN. If
you use this service, Interac Flash transactions will be posted automatically to an account
associated with your debit card, pre-selected by you (for example, chequing or savings). Only
one account may be pre-selected by you, which can be changed from time to time, however
your selection cannot be changed at the time you attempt any given transaction.

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 You understand that there are transaction limits for purchases made using Interac Flash
(distinct from those for the regular PIN transactions). When the limit is exceeded, you will be
required to insert your debit card and enter your PIN. For more information on Interac Flash
limits, please refer to the information you received with your Meridian Debit Card, visit a branch,
meridiancu.ca,& or call the Contact Centre at 1-866-592-2226.

You may request to have the Interac Flash feature disabled by contacting any Meridian Credit
Union branch or by calling the Contact Centre at 1-866-592-2226. You may re-enable
the Interac Flash feature using the same methods.

Withdrawals and Deposits

Unless you have made other arrangements with us, amounts credited to your account as a
result of deposits using the Debit Card will not be available for withdrawal until the deposits are
verified and negotiable items such as cheques are honoured. Withdrawals or transfers affected
by the use of the Debit Card will be debited to your account as of the time they are made.

You will not deposit any coins, non-negotiable items or anything not acceptable for deposit to
your account into any Automated Banking Machine (ABM), and will pay to us any damages,
costs or losses suffered by us as a result of any such deposit.

Consequences of a Breach of Card Security

Once you have requested and first used the Debit Card service, you will be liable for all
authorized and unauthorized uses of the Debit Card by any person up to your established
withdrawal limit (including funds accessible through a line of credit or overdraft privilege), prior
to the expiry or cancellation of the Debit Card. However, in the event of alteration of your
account balance due to technical problems, card-issuer errors and system malfunctions, you will
be liable only to the extent of any benefit you have received, and will be entitled to recover from
us any direct losses you may have suffered.

We will have the discretion to release you from liability for unauthorized use in a case where you
have inadvertently contributed to the unauthorized use, provided you cooperate in an
investigation or proceeding which leads to a finding of liability on the part of a third party.

We will not be liable to you for any action or failure to act on the part of a Merchant or refusal by
a Merchant to honour the Debit Card, whether or not such failure or refusal is the result of any
error or malfunction of a device used to effect or authorize the use of the Debit Card for a Point-
of-Sale transaction.

You understand that you must not use your Debit Card and PIN for any unlawful purpose,
including fraudulent deposits or transfers, or the purchase of goods and services prohibited by
local law applicable in your jurisdiction.

Lost or Stolen Card or Mobile Device or Compromised PIN and/or

Passcode

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 If you become aware that your Debit Card or Mobile Device used in conjunction with the Mobile
Payment Service is lost or stolen, or that the PIN or Passcode has been made accessible to
another person, you will notify us or our agent immediately, whereupon the Debit Card will be
cancelled, the Mobile Payment Service suspended or the PIN/Passcode changed. The instant
such notice is actually received or when we are satisfied that you became the victim of fraud,
theft, or coercion by trickery, force or intimidation, your liability for further use of the Debit Card
or Mobile Payment Service will terminate, and you will be entitled to recover from us any further
losses suffered by you through the use of the Debit Card or Mobile Payment Service.

In the event of a problem with a Debit Card transaction, other than a matter related to goods or
services provided by Merchants, you will first try to reach a solution with us, and we will not
unreasonably restrict you from the use of any funds subject to dispute. We will provide you with
a written account of how the dispute resolution process works. We will respond to your report of
an unauthorized transaction within 10 business days. A determination regarding reimbursement
will be made in this timeframe based on the balance of probabilities that you contributed to the
unauthorized transaction. A temporary suspension of the 10-day limit may be necessary if we
require you to provide a written statement or affidavit to aid our investigation. If you are not
satisfied, the problem will be referred to either a credit union system dispute resolution service
or external mediator, as agreed between you and us. Neither you nor Meridian will have the
right to start court action until 30 days have passed since the problem was first raised with us.
Any dispute related to goods or services supplied in a Point-of-Sale transaction is strictly
between you and the Merchant, and you will raise no defense or claim against us.

Fees
You acknowledge having been advised of, and will pay, the applicable fees now in effect for
services available under this agreement. New or amended fees will only become effective 30
days after publication by us.

Foreign Currency Transaction

If the Debit Card is used in connection with a transaction in foreign currency, you understand
that the rate of conversion into Canadian currency will be fixed according to the rules of the
electronic network through which the transaction is conducted.

Evidence of Transactions
A paper transaction record dispensed mechanically as a result of the use of the Debit Card
constitutes a record of your instructions. Whether such a transaction record is issued or not, it is
your responsibility to verify that the transaction has been properly executed by checking the
periodic statement entries itemizing transactions. In the absence of evidence to the contrary, our
records are conclusive for all purposes, including litigation, in respect of any instructions given
by you to us through the use of the Debit Card; the contents of any envelope deposited by you
into an ABM; the making of a withdrawal, deposit or transfer through the use of the Debit Card;
and any other matter or thing relating to the state of accounts between you and us in respect of
any electronic transaction.

Scope of Agreement

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 This agreement replaces any prior agreement governing the use of the Debit Card and the PIN,
but does not replace or supersede any agreement or provision of any agreement relating to any
loan, credit facility or the operation of any account. This agreement applies to any account
specified herein and, as well, to any other account designated by you from time to time for use
in connection with the Debit Card or any replacement card. All future modifications, additions or
enhancements to this agreement supercede this document and continue to bind you to its terms
and conditions.

Termination of Agreement
We remain the owner of the Debit Card. We may restrict the use of the Debit Card or terminate
this agreement and your right to use the Debit Card at any time without notice. You will return
the Debit Card to us upon request.

Cardholder Privacy
You acknowledge that we have policies to protect your privacy and that you may obtain
particulars upon request. You hereby consent to the use of your personal information by us and
our affiliates to monitor the use of financial services in order to detect fraud, develop needed
products and services, and offer you needed services. However, if you have given or hereafter
give express consent to the collection, use, and further disclosure of your personal information
by us in a form and content that is more permissive than the consent provided herein, the other
form of consent shall govern the relationship. You may withdraw your consent at any time by
contacting our Contact Centre.

Code of Practice
You understand that we, in concert with the banking industry, have endorsed the voluntary
Canadian Code of Practice for Consumer Debit Card Services, a copy of which is available from
us on request, and we will be guided by the principles of the code in administering the operation
of Debit Card matters.

Interpretation and Definitions

This agreement is intended to be interpreted in accordance with its plain English meaning.
Except where otherwise indicated, capitalized terms are used in accordance with the definitions
set out in the Canadian Code of Practice for Consumer and Debit Card Payment Services. For
the purposes of this agreement, Point-of-Sale Transaction means the use of the Card and its
associated PIN for such of the following purposes as may be permitted from time to time by
Meridian: (a) the transfer of funds from your Account to purchase or lease goods or services
from a seller, lessor or service provider (a Merchant); (b) the transfer of funds from your Account
to obtain a voucher, chit, scrip, token or other thing that may be exchanged for goods, services
or money, or (c) the transfer of funds into your Account from an Account of a Merchant (e.g., a
refund).

Receipt of Copy of Agreement

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 You acknowledge the receipt of a true copy of this agreement signed by you upon initiation of
PIN-based Debit Card service or Mobile Payment Service transaction and acknowledge further
that this agreement does not require a signature by us to be effective and binding on both
parties. You also agree to keep this copy of this agreement for your own records.

Who is Governed by this Agreement

This Agreement is binding on us, our successors and assigns. This Agreement is binding on
you, your successors, permitted assigns, and attorneys, and on your heirs and personal
representatives, including your executors and administrators. This agreement is applicable to
the Meridian Debit Card you presently hold and any future replacement cards.

Electronic Services

Use of the Electronic Services

You may use the Electronic Services to access any permitted Account and to conduct
Transactions as may be permitted with respect to any such Account. When using the Electronic
Services, you will not be permitted to pay bills from, or transfer funds out of any Account on
which more than one signature is required to authorize a transaction. You agree to follow our
instructions in effect from time to time with respect to the use of the Electronic Services.

When a Password is used to conduct any Transaction, the authorization given at the time of the
Transaction will be treated as if it was given by you in person, and we agree to be bound by
each such Transaction. You irrevocably authorize and direct us to debit or credit, as the case
may be, the amount of any Transaction to the Account or Accounts designated by you at the
time of the Transaction, in accordance with our normal practices. Our practices respecting the
debiting or crediting of any Transaction under any of the Electronic Services may be revised
from time to time with or without notice to you.

You agree to not conduct or try to conduct any Transaction that would result in a negative
balance in any Account or would exceed the unused balance of any authorized overdraft or line
of credit, if available. You will indemnify us for all liability or loss arising out of any such
Transaction.

You agree that if you use the Telephone Services without using the specified toll-free numbers,
you alone will be responsible for all long distance charges imposed by your telephone service
provider.

You consent to our taping, storing or otherwise recording your sessions using the Electronic
Services. This consent may or may not be confirmed prior to or during each session. We agree
to keep the contents of any such record confidential and confirm that the records will only be
used to verify Transaction and service request details and monitor the performance of our
employees.

You irrevocably authorize and direct us to issue you a replacement Password in the event that
you forget the Password that was originally issued to you or in the event that you forget the
Password chosen by you during your last Password change. To have your Password reissued
or reset, you may contact your branch or the Contact Centre at 1-866-592-2226.

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 Limitations
You agree that the Electronic Services will be available only on an "as is" and "as available"
basis.

We offer Electronic Services in order to improve the accessibility of Meridian to its Members.
However, the provision of the Electronic Services is dependent in part on communication lines
and other third party equipment and services. You agree that you will not hold us liable for any
delay, loss, damage (direct, indirect or consequential) or inconvenience whatsoever caused by
or arising from the provision of or failure to provide services or the malfunction or failure to
operate any software or equipment for any reason whatsoever. In no event will we be liable for
any personal injury, or property damage or any loss of business or profit or other indirect or
consequential damages whatsoever.

Bill Payments Made through the Electronic Services

We will use our best efforts to forward any bill payment Transactions to the merchants specified
by you for credit the next or second business day following the day they are authorized through
the Electronic Services. However, you agree that we are not responsible for delayed credit or
late payments for reasons beyond our control. You alone are responsible for entering and
authorizing the correct payment amounts, merchant account identification, the Account to be
charged, ensuring that each payment is entered and authorized only once, and that there are
sufficient funds available in your Account or available through a line of credit to complete the
transaction. If the Electronic Service tells you that the Transaction failed, you acknowledge that
it remains your sole responsibility to make the bill payment through another channel.

Mobile Payment Services

Eligibility Requirements
In order to use the Mobile Payment Service, I must: (a) be an Authorized User on an Account in
good standing with Meridian; (b) have a Mobile Device; and (c) meet any other requirements for
the access and use of the Mobile Payment Service that are specified by Meridian. “Mobile
Device” means a mobile device that is capable of being used in connection with the Mobile
Payment Service.

Sale or Disposed Mobile Device

If I decide to sell, give away or dispose of my Mobile Device, I promise to delete the Meridian
Mobile Payment/Mobile Banking application from my Mobile Device.

Termination or Suspension of Mobile Payment Service

I may terminate my use of the Mobile Payment Service at any time by contacting Meridian.
Meridian may terminate or suspend my use of the Mobile Payment Service for any reason at
any time without notifying me in advance. I am prohibited from using the Mobile Payment
Service on a Mobile Device that I know or suspect has had its security or integrity compromised
(e.g. where the device has been "rooted" or had its security mechanisms bypassed). I will be

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 solely liable for any losses, damages and expenses incurred as a result of my use of the Mobile
Payment Service on a compromised device.

Confidentiality and Passcode

I agree to treat the Passcode used to authorize any transactions within the Mobile Payment
Service with the same standard of care and confidentiality as my Debit Card PIN. The same
terms of confidentiality and care would also apply for Passcodes used in any third party wallet
applications.

Access to Electronic Services by a Mobile Device

You agree that any data and/or text messaging charges incurred by your wireless carrier for the
use of the Mobile Services are your responsibility.

You understand and accept that text messages exchanged between your Mobile Device and us
are not encrypted and can be accessed by anyone with access to your Mobile Device. Though
account numbers will be masked, information such as transaction amounts and dates of
transactions will be visible to those with access to your Mobile Device. It is your responsibility to
take appropriate steps for keeping your financial information confidential, including locking your
device with a password known only to yourself.

Interac e-Transfers Services

You understand that e-Transfer is a service provided by Interac and offered as a part of
Meridian's Electronic Services. This service allows you to send and receive money to another
person provided they hold a Canadian dollar account with another Canadian financial institution.

If you elect to use the Interac e-Transfer Services, you acknowledge and agree that:

a. the Interac e-Transfer Services are only available in Canadian dollars;

b. the Account will be debited as soon as you initiate a Transaction, and we may hold the
Transaction amount until the recipient successfully claims the Transaction or the
Transaction is cancelled. We have no obligation to and will not pay interest on the
Transaction amount. To the extent permitted at law, we are deemed to have a security
interest in the Transaction amount from the time the Account is debited until the recipient
successfully claims the Transaction or the Transaction is cancelled;
c. Transactions sent and received through the Interac e-Transfer Services are subject to
number and dollar limits that may change from time to time without prior notice to you;
d. we will not be responsible or liable for any losses or damages incurred as a result of
funds held and limits set by us, Interac Corp., or a Participating Financial Institution;
e. an Interac e-Transfer Notice advising the recipient of the Transaction may be generated
within approximately 30 minutes after you originate the Transaction;
f. as the sender, you will keep the Interac e-Transfer Answer confidential and will not
disclose it or share it with anyone but the intended recipient; you will select an Interac e-
Transfer Answer that is known only to the recipient and that cannot be easily determined
via social media or other means; you will not disclose the Interac e-Transfer Answer in
the applicable security question, hint or Transaction details; and you will not provide the

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 recipient the Interac e-Transfer Answer via the email or phone number that was used to
send the Interac e-Transfer Notice;
g. if applicable, the recipient must correctly provide the Interac e-Transfer Answer to claim
the Transaction;
h. we, the other Participating Financial Institution, and Interac Corp. or Interac Corp’s
agents are entitled to pay the Transaction amount to anyone who, using the Interac e-
Transfer Services, claims to be the recipient and successfully provides the Interac e-
Transfer Answer;
i. we will not be liable for any cost, expense, loss, damage, or inconvenience of any nature
or kind whatsoever incurred as a result of a Third Party, other than the intended recipient
to the Transaction, guessing or obtaining the Interac e-Transfer Answer through any
means other than in the event of a Wrongful Activity; however, notwithstanding the
foregoing, in the event of an intercepted transaction from your Account where the funds
did not reach the intended recipient, we may provide reimbursement to you provided that
you did not participate in the Wrongful Activity, you fully cooperate in the investigation of
such event, and that you have satisfied and remain in compliance with all of the
applicable terms and conditions in this Agreement;
j. as the recipient, you will not disclose the Interac e-Transfer Answer except as required
to claim the transfer;
k. the recipient may claim a Transaction using our online banking services or those of
another Participating Financial Institution; and Transactions sent via account number,
payment identifier, Autodeposit or Request Money may be automatically deposited into
the account of the recipient/requestor;
l. if the recipient declines a Transaction that you initiated, the Transaction will be returned
to You;
m. while the Interac e-Transfer Notice is usually delivered to the recipient within 30 minutes,
we do not guarantee the time of deposit;
n. as the sender, the Transaction will be returned to you if the recipient does not claim the
transaction within 30 days of the date the transfer is initiated, if the Transaction cannot
be successfully sent to the recipient’s Interac e-Transfer Contact information as provide
by you, or if the recipient declines the Transaction;
o. as the sender, you are responsible for providing the recipient’s correct Interac e-Transfer
Contact Information and further agree that the recipient has consented to your use of
the Interac e-Transfer Contact Information for Interac e-Transfer Services purposes,
including its provision to us, the other Participating Financial Institution,
and Interac Corp.;
p. we may cancel a Transaction if we have reason to believe that a mistake has occurred
or if we believe that the Transaction is a product of unlawful or fraudulent activity;
q. you are responsible for providing valid Interac e-Transfer Contact Information and we will
immediately update it with our supplier of the services if there are any changes to
the Interac e-Transfer Contact Information;
r. as the sender, you may cancel a Transaction up to the time before the recipient
successfully claims the Transaction. As the recipient, you acknowledge that a
Transaction may be cancelled up to the time you successfully claim the Transaction;
s. all disputes will be handled directly between the sender and the recipient without our
participation or that of any other party;
t. we may refuse to provide Interac e-Transfer Services to you;
u. we will not be liable for any cost, expense, loss, damage, or inconvenience of any nature
or kind whatsoever arising as a result of a delay in processing a Transaction;

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 v. you are responsible for charges, if any, or data rates that your applicable service
provider may apply for transmitting and receiving data (including but not limited to data
roaming charges);
w. as the recipient, if you have activated the Autodeposit feature for the email address used
by the sender who sent you funds, or by other means that may become available, such
as mobile number, then the money you receive via Interac e-Transfer Services is
automatically deposited into your Account and you will not have to provide the Interac e-
Transfer Answer, notwithstanding that the Autodeposit feature is subject to support by
the sender’s financial institution;
x. if you are the requestor of funds through Interac e-Transfer Services, you must provide
the email address or mobile number of the recipient of your request. You further agree
that the recipient of such request has consented to your use of the Interac e-Transfer
Contact Information for Interac e-Transfer Services purposes, including the provision to
us, the other Participating Financial Institution, and Interac Corp. You must also provide
the eligible account into which you want us to deposit the money you receive if your
recipient accepts your request; and
y. you agree that it is your responsibility, as a sender of a request for funds, to provide to
us complete and accurate information about the recipient and, as the recipient of any
such request, to respond only to requests that you are expecting and ensure that you
have consented to the requestor of funds receiving funds from you.

Confidentiality of Password
The Password is for your use alone and may not be assigned or transferred. You agree to keep
the Password confidential and not to disclose it to any person other than to a Signing Authority
on the Account. You agree not to record the Password in any manner or on any media, whether
in writing or otherwise, including, without limitation, in electronic form, or by voicemail or e-mail.
For security reasons, we recommend that you change your Password on a regular basis, such
as every 90 to 120 days. If the Password becomes known to any person other than a Signing
Authority on the Account, confidential information about your Account may be accessed. You
understand that we have only disclosed the Password to you and to no one else, and should a
breach of the Password be discovered, you are to immediately contact your branch or the
Contact Centre at 1-866-592-2226 to have the Password reset.

Transaction Verification and Records

All Transactions are subject to verification and acceptance by us, and if not accepted will be
reversed from the Account. Verification may take place on a date later than the date you
authorized the Transaction, which may affect the Transaction date.

Our record of each Transaction, and our accounting records, will be deemed to be correct, and
will be conclusive and binding upon you. Any record of a Transaction generated by the Software
will be for your convenience only. If you believe that our records contain an error or omission,
you must give written notice of the suspected error or omission to us within the time provided in
the Personal Membership Operating Terms and Agreement between you and us for the relevant
Account or Accounts.

If we do make an error or omission for any reason, with respect to the recording of any
transaction, our liability will be limited to the amount of the error or omission in recording, plus
any applicable service charges that may have been charged to you by us. Specifically, you

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 agree that we will not be liable for any other loss, or any loss of business or profit or any other
damage (direct or indirect or consequential) or delay or inconvenience whatsoever caused by or
arising from any such error or omission.

Tax-Free Savings Accounts (TFSA) and Registered Retirement

Savings Plans (RRSPs)
The annual contribution limits for RRSPs and TFSAs can vary by individual. Amounts are
determined by a variety of factors including unused room from previous years, contributions
throughout the year, and any distributions. To ensure you do not over-contribute to your RRSP
or TFSA, it is your responsibility to monitor your contributions and distributions throughout the
year.

Service Fees
We will establish service fees for use of the Electronic Services and/or for conducting
Transactions and may change these service fees from time to time. You authorize us to deduct
any applicable service fees from any Account.

Transaction Processing
When the Password is used by you to conduct a Transaction by accessing the Electronic
Services you may not revoke or stop any such Transaction once the Transaction request has
been processed.

Member's Liability
You agree to notify us immediately, in writing, if you Password becomes known to anyone other
than you.

You are liable for all unauthorized use of the Password until such notification is made and
acknowledged, in writing, by us. Until our acknowledgment is received by you, notification is not
deemed to be received by us.

Deposit Anywhere™

The Nature of this Service

If you are approved for Deposit Anywhere, we will allow you to deposit to your credit, in an
eligible deposit Account, the face value of cheques that you receive from others that are made
payable to only one or more of the Members named on the Account without having to hand over
the paper cheques themselves to a human teller or insert them into an ABM. In order to use this
service, you need a Mobile Device. You use your Mobile Device to image the cheque and
transmit the resulting image to us, in accordance with our specific instructions. Once we receive
the cheque image and confirm to you that we have accepted it for clearing, we will present the
cheque to the financial institution on which it was drawn for payment, using a process
determined by us in our sole discretion. You retain and then eventually destroy the paper

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 cheque. We reserve the right to change any feature or aspect of this service at any time, with or
without notice to you.

Eligibility
You agree that Meridian has the sole and unfettered discretion to determine, from time to time,
whether or not you are eligible to use Deposit Anywhere. We may suspend or terminate your
access to these services at any time and without prior notice to you. If you do not comply with
our instructions on how to properly use these services, we may rely upon your failure to comply
with these instructions as sufficient grounds to withdraw all of the services we make available to
you as a Member.

Limits
We may set daily or monthly limits on the total dollar amount or the number of deposits you
make remotely with your Mobile Device and such limits will be advised to you every time you
attempt to access these services. We may change such limits at any time, at our sole and
unfettered discretion.

Technical Requirements
You agree that in order to make remote deposits of cheques, your Mobile Device and its
software must meet our technical requirements, as specified by us from time to time, and you
must have access to the Internet through your Mobile Device. Each image of a paper cheque
you attempt to deposit must be legible, according to standards determined by us, in our sole,
unfettered and unreviewable discretion. If the imaging feature of your Mobile Device produces
cheque images that we determine are not of acceptable quality, we may reject your deposit.

Paper Cheques that you may NOT deposit using this Service
We may refuse to accept any image of a paper cheque you transmit to us in our sole, unfettered
and unreviewable discretion. Without limiting that discretion, you agree that you will attempt to
deposit only those cheques that are collectible through remote deposit capture, as defined in the
Canadian Payments Association Rules. You agree that you will not attempt to image, transmit,
and deposit to the Account any of the following:

• paper cheques made payable to any person or entity that is not a named owner of the
Account to which they are directed for deposit;
• paper cheques containing alterations to any of the fields on the front of the cheque;
• forged, fraudulent or counterfeit paper cheques, or paper cheques that you should have
known were forged, fraudulent or counterfeit;
• paper cheques that have been previously deposited either at Meridian or another
financial institution in any method permitted under the Canadian Payments Association
Rules;
• paper cheques drawn on financial institutions located outside of Canada;
• paper cheques that are not payable in Canadian dollars;
• paper cheques that are more than six (6) months old;
• images, image printouts, clearing replacement documents, or return replacement
documents, as defined under Canadian Payments Association Rule A10;

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 • travellers cheques, savings bonds or postal money orders
• non-negotiable instruments such as promissory notes; or
• paper cheques drawn by you on any Meridian account other than the Account to which
they are directed for deposit.

Your Representations and Warranties

Each time you scan a paper cheque and attempt to transmit to us the images of the front and
back of the cheque for deposit through this service, you agree that you are conclusively deemed
to have represented and warranted to us that, in so doing:

• you have agreed to act on Meridian’s behalf, as its duly authorized agent, for the
purpose of creating an official image of the cheque, as defined under Canadian law;
• you have created the image of the cheque in accordance with all applicable Canadian
Payments Association bylaws, rules and standards;
• each cheque image is a complete and accurate representation of the front of a
negotiable cheque;
• each cheque image is a complete and accurate representation of the back of a
negotiable cheque;
• Meridian has effectively communicated to you its image quality standards, as specified
from time to time, and you fully understand them;
• each cheque image satisfies Meridian's image quality standards;
• each cheque used to create the image transmitted to us has not been previously
deposited, duplicated or used to create another image or electronic funds transfer;
• no subsequent transferees of your cheque image, or any substitute cheque created from
your cheque image, including, but not limited to, Meridian, a collecting and returning
bank, drawer, drawee, payee or endorser, shall suffer a loss as a result of the fact that
an image of the cheque or a substitute cheque, instead of the original paper cheque,
was presented for payment or returned through the clearing; and
• all information you have provided to us is complete, accurate and true.

Your Covenants
Each time you image a paper cheque and attempt to transmit to us the images of the front and
back of the cheque for deposit through this service, you agree that you are conclusively deemed
to have covenanted in favour of Meridian, as follows:

• to comply with all the terms of this Agreement that relate to this service, all applicable
law, and the applicable Bylaws, Rules and Standards of the Canadian Payments
Association;
• to, in addition to the other indemnification provisions of this Agreement, indemnify and
save Meridian harmless from and against all claims, demands, damages, liabilities,
expenses (including reasonable lawyers’ fees and disbursements, on a full indemnity
basis) or other loss that arises from or relates to your use of this service or your breach
of the representations, warranties or covenants set forth in the terms and conditions for
this service, including, without limitation, your attempt to duplicate the presentation of a
cheque image via presentation of the original cheque or an image or substitute cheque
derived from the original paper cheque and any liability that we may incur for processing
an image or substitute cheque rather than the original paper cheque;

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 • to keep the original paper cheque in a safe and secure place for a period of 90 days
following the day of the attempted deposit;
• to make the original paper cheque available to us for inspection and further use for
collection purposes, on request, during the 90-day period described above. In the event
that you fail to make the cheque available to us for inspection, you shall be deemed to
have authorized us to deduct the amount of the cheque in question from your Account
balance, even if such deduction may cause your account to be overdrawn, and to debit
the Account for any associated overdraft fees and interest; and
• immediately destroy the original paper cheque after the 90-day period expires.

Receipt by Meridian of Cheque Image

You acknowledge that Meridian is not responsible to you for any consequences you may suffer
because a cheque image that you attempted to transmit to us was not received by us or that
was dropped during transmission. A cheque image will be deemed to have been received by us
when we present a Deposit Confirmation within the mobile application, or through an optional e-
mail confirmation receipt. You further acknowledge that, notwithstanding your receipt of our e-
mail confirmation receipt, the cheque image will be subject to further evaluation by us before we
make a decision to enter it into the clearing system for collection, or reject it. At our sole,
unfettered, and unreviewable discretion, we may still reject the cheque image for any reason.
Therefore, you use this service with the clear understanding that the e-mail confirmation receipt
from us is not a representation, warranty or undertaking that the cheque will be entered into the
clearing system for collection or will be paid by any collecting or paying financial institution. If we
reject a cheque image received from you through the use of Deposit Anywhere, you still have
the alternative of physically depositing the original paper cheque through other methods (in
branch, or by Meridian ABM), provided that the paper cheque otherwise meets our clearing
standards for paper items.

Return Items
You acknowledge that we may convert cheque images you deposit through these services into
images, image printouts, clearing replacement documents, or return replacement documents, as
specified in Canadian Payments Association Rule A10. In the event that your cheque is
returned, unpaid by the financial institution on which it was drawn, you will receive only a copy
of the image or return replacement document.

Funds Availability
All the same "holds" that apply in case of deposited paper cheques also generally apply to
cheques deposited using Deposit Anywhere. However, in addition to these standard restrictions,
you acknowledge that we may further delay giving you access to funds deposited in this way at
any time, for any reason, in our sole, unfettered and unreviewable discretion, including, but not
limited to, any concern we may have about our ability to collect on the cheque image from the
issuing financial institution.

Acceptable Use of Deposit Anywhere

Meridian's approval of your use of Deposit Anywhere is always conditional upon your strict
compliance with these terms and conditions, the other provisions of this Agreement, all

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 applicable law, and the by-laws, Rules, and standards of the Canadian Payments Association. If
you fail to fully comply with these conditions, you agree that we may immediately terminate your
authority to use Deposit Anywhere.

Member Consent to the Collection, Use, and Disclosure of Personal

Information
1. You acknowledge and understand that, from time to time,

a) We may collect credit and other financially-related information about you (“Personal
Information”), including information related to your transactions, from you; from service
arrangements you have made with us or through us with our Networking Affiliates; from credit
reporting agencies and other financial institutions; and from references you have provided to us.

In this Agreement, our “Networking Affiliates” include any company or business with which we
have a business relationship and which is engaged in the business of providing any one or more
of the following services to the public in Canada: deposits, loans, and other financial services;
credit, charge, and payment card services; trust and custodial services; securities and
brokerage services; and insurance services.

b) We may use this Personal Information as follows:

(i) to give it to credit reporting agencies and other financial institutions and, with your
consent, to other parties;

(ii) to determine your financial situation;

(iii) generate and actively maintain your file for the purpose of administrating the account(s),
reporting, reviewing and maintaining accurate records;

(iv) to determine your suitability for initial and/or continued membership in the Credit Union;

(v) to promote any other product or service of the Credit Union or of anyone else (including its
affiliates and networking agents or principals), that we believe may be of interest to you

(vi) to provide you with the services requested from us; and

(vii) give it to anyone who works with or for us, but only as needed for providing the services you
requested from us.

c) We may also use this Personal Information for the following purposes:

(i) to share it with our Networking Affiliates (where it is not prohibited by law) so that they may
promote their services to you

(ii) to share it with Network Affiliates for the purpose of completing our initiated research.

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 We may use your social insurance number as an aid to identify you with credit reporting
agencies and other financial institutions for credit history file-matching purposes. You
acknowledge that you are not required to provide that number to us for these purposes.

We may also use your social insurance number for income tax reporting purposes, if you have
given that number to us.

We acknowledge that the use of Personal Information in the ways described in subsection 1(c)
is at your option and that you will not be refused credit or other services just because they have
told us to stop using it in those ways.

2. You may tell us to stop using your Personal Information in the ways described in subsection
1(c) at any time by contacting the Contact Centre at 1-866-592-2226.

3. If you cease to be a Member of Meridian or any Account Agreement you may have with us
terminates, we may keep the Personal Information in our records so long as it is needed for the
purposes described in subsection 1(b) above.

4. You consent to our obtaining an initial credit report or other Personal Information
about you for the purposes outlined above and accept this document as prior written
notice to you of our intention to obtain subsequent credit reports and other Personal
Information thereafter from time to time to update information obtained earlier, to
monitor your compliance with ongoing conditions for credit granted to you, and for
collection purposes.

5. You understand that if you submit a credit application to us, a Personal Information file
containing credit and other personal information will be created to evaluate your credit
application, and to continue monitoring your credit status, and for the purposes you have
consented to above. Only those employees of Meridian and its Networking Affiliates whose job
functions involve assessment of creditworthiness, credit applications, monitoring, profiling,
processing of payments, and matters related to the purposes consented to above, will have
access to your file. If you wish to consult your file or make corrections to it, you may do so by
written request at the following address: Meridian Credit Union Contact Centre, 531 Lake Street,
2nd Floor St. Catharines ON L2N 4H6.

You consent to and authorize us, our Networking Affiliates, service providers, and others we
may designate, to monitor and/or record your telephone conversations with us or any of our
representatives, but only for the purpose of helping us to ensure quality service to you and to
verify any transactions that may have taken place.

Foreign Account Tax Compliance Act (FATCA) & Common Reporting

Standard (CRS)

Individual
Canadian financial institutions are required under Part XVIII and Part XIX of the Income Tax Act
Canada to collect information on account holders tax residency and in the case of the U.S.,
citizenship, to determine if they need to report your account to the Canada Revenue Agency

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 (CRA). The CRA may share the information with a foreign jurisdiction that you are a resident of
for tax purposes.

You can ask us if we reported your financial account to the CRA and what information we gave.

You agree to provide us all information or documentation with respect to your tax status. If you
do not provide all such information or documentation within the requested period, your financial
account may be reported to the CRA.

If there is evidence of U.S. or other jurisdiction indicia (i.e. mailing address or residence,
telephone number), you may be asked to complete a self-certification to declare your tax
residence. You understand and agree that information or documentation may expire and you
may be asked to provide updated information or documentation at that time.

Change in Circumstances
You agree to provide us with new tax information within 30 days of any change in circumstances
that causes your tax resident status to change.

Note: For more information on tax residency, talk to your tax adviser.

Entity
Canadian financial institutions are required under Part XVIII and Part XIX of the Income Tax Act
Canada to collect information to determine if they have to report your financial account to the
Canada Revenue Agency (CRA). The CRA may share that information with the government of a
foreign jurisdiction that a person identified on this form is a resident of for tax purposes. In the
case of the U.S., the CRA may also share the information with that country’s government if the
person is a U.S. citizen.

As an authorized signing officer, you agree to provide us all information or documentation with
respect to your tax status. If you do not provide all such information or documentation within the
requested period, your financial account may be reported to the CRA.

If there is evidence of U.S. or other foreign jurisdiction indicia (i.e. mailing address or residence,
telephone number), you may be asked to complete a self-certification to declare your tax
residence. You understand and agree that information or documentation may expire and you
may be asked to provide updated information or documentation at that time.

Change in Circumstances
You agree to provide us with new tax information within 30 days of any change in circumstances
that causes the entity’s tax resident status to change. You can ask us if we reported your
financial account to the CRA and what information we gave.

Note: For more information on tax residency, talk to your tax adviser.

Interac e-Transfer® and Interac Flash® Trade-marks of Interac Corp. Used under license.

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