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eBanking Disclosures in hard copy?

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Question: 
Currently, the bank I work for, [removed for purposes of confidentiality], does not mail a hard copy Online Banking Agreement and Disclosure when a customer signs up for online banking. We have an online disclosure that says to read before filling out and mailing in the online banking application. There is not an "I agree" or "I accept" button on the web site and customers must mail the application to us. Do we need to mail a hard copy agreement and disclosure?
Answer: 

No regulations are triggered by "signing up for online banking." Your only consideration is the enforceability of the provisions of this unsigned contract. Contact the bank's attorney for help with your state's contract laws.

First published on BankersOnline.com 11/15/04

First published on 11/15/2004

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