As used in this subchapter, unless the context otherwise requires: (1) (A) “Customer-bank communication terminal”, or “CBCT”, means any electronic device or facility, other than a point-of-sale terminal, together with all associated equipment, structures, and systems, through or by means of which a customer and a bank may engage in any banking transaction, whether transmitted […]
A bank, individually or jointly with one (1) or more other banks in the state, may establish, maintain, and use one (1) or more customer-bank communication terminals anywhere in this state and in any location in any one (1) or more other states if permitted by the applicable law of the other state.
(a) As to any and each customer-bank communication terminal which a state bank proposes to establish, the state bank shall notify the Bank Commissioner of the establishment and location of the terminal. (b) No notice need be given for any device or machine which: (1) Is used solely to verify a customer’s credit for purposes […]
(a) Any out-of-state bank may establish, maintain, and operate a customer-bank communication terminal anywhere in this state. (b) (1) Out-of-state state-chartered banks other than registered out-of-state banks shall file the notice set forth in § 23-48-803 with the Bank Commissioner. (2) Registered out-of-state banks shall satisfy all filing requirements under the regulations of their home […]
A point-of-sale terminal, as defined in this subchapter, shall not be subject to the regulation or supervision of the Bank Commissioner.
(a) In order to permit the transaction of any banking function authorized under this subchapter between a bank and its customers, any bank, pursuant to the provisions of this subchapter, may be interconnected with: (1) One (1) or more customer-bank communication terminals, including out-of-state customer-bank communication terminals, established by one (1) or more other banks; […]
(a) (1) Except for customer-bank communication terminals located on the premises of the main office or a branch of a bank, a customer-bank communication terminal shall be unattended or attended by persons not employed by the bank utilizing the customer-bank communication terminal. (2) However, employees or agents of the bank or its agents may install, […]
A bank using customer-bank communication terminals shall establish and maintain reasonable safeguards designed to protect the privacy and confidentiality of account information.
At such time as national banks having their main offices in this state are permitted to establish and use customer-bank communication terminals in places or for transactions not permitted under this subchapter, all state banks shall have the powers permitted national banks with respect to the establishment and use of customer-bank communication terminals, provided that […]
(a) (1) An agreement to share a customer-bank communication terminal shall not prohibit, limit, or restrict the right of a bank from charging a customer-bank communication terminal usage fee. (2) The usage fee may be imposed only if imposition of the usage fee is disclosed at a time and in a manner that allows a […]
