AR HB1641

Allows Arkansas state banks operating out-of-state full-service branches to charge customer-bank communication terminal usage fees up to the maximum permitted by law in those states, instead of being limited to $2.00 or 2% of the transaction amount.

Maintains the $2.00 or 2% of gross transaction amount cap for Arkansas state banks operating only within Arkansas.

Requires that usage fee charges be disclosed to users at a time and manner allowing them to terminate or cancel the transaction without incurring the fee.

Addresses the competitive disadvantage of Arkansas state banks compared to out-of-state banks, which face no usage fee limitations under Arkansas law.