Epstein File EFTA01550497: Allowance (DS10)

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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01550497: Allowance (DS10)

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This document is a bank account policy or disclosure statement explaining how JPMorgan Chase Bank calculates monthly fee allowances for non-interest-bearing business accounts. The statement describes the methodology for determining fee allowance rates based on market conditions and how these allowances offset monthly account fees.

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allowance

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Excerpt 1

Each month the noninterest-bearing funds in a business Account will earn a Fee **Allowance** Rate that is based on the current market conditions.

Excerpt 2

The Fee **Allowance** Rate calculates an **allowance** that can be used to offset monthly fees.

Excerpt 3

the result by the Fee **Allowance** Rate determined at JPMorgan Chase Bank, N.A's discretion and by the number of days in the billing cycle divided by the