Transfer of Account Features. You hereby authorize NFS to obtain information from its affiliates, Fidelity Distributors Corporation and FBS, about the existing Account features you have indicated in Section 2 of the Fidelity Portfolio Advisory Service® application or the Fidelity Portfolio Advisory Service XXX application and to establish comparable features for your Account. You understand the features may differ in certain ways, including the imposition of fees, when implemented in your Account, versus how they operate in the mutual fund or brokerage Account(s) from which such features are being transferred. Fidelity Electronic Funds Transfer (EFT) enables you to electronically transfer money between your bank Account and your Account. To use this service, at least one common name must match exactly on your PAS Account and your bank Account. Once established on your Account, EFT transactions may be initiated over the phone or in writing. EFT is processed through the Automated Clearing House Network (ACH) and your bank must be an ACH member to utilize this service. The minimum EFT transaction is $10; the maximum is $100,000. EFT can take up to two weeks to establish with your bank. Once EFT is established, transfers are normally completed within three business days. EFT purchases are subject to a seven-business-day collection process. We and our affiliates do not charge a fee for EFT transactions, although your bank may charge transaction fees. In the case of PAS nonretirement and XXX Accounts, you hereby authorize and request NFS or FMTC to make payment of amounts representing redemption(s) made by you or to secure payments of amounts to be invested by you by initiating credit or debit entries to your bank Account associated with the Account feature instructions specified in Section 2 of your Account Application, and you authorize and request the bank to accept any such credit or debit entries initiated by NFS or FMTC to such bank Account and to credit or debit, as requested, the same to such bank Account, without responsibility for the correctness thereof or for the existence of any further authorization relating thereto. You hereby ratify any telephone instructions given pursuant to this authorization and agree that neither a fund nor NFS, FMTC, any of their agents, affiliates, or successors, as applicable, will be liable for loss, liability, cost, or expense for acting upon such instructions. It is understood that this authorization may be terminated by you at any time by written ...
