$5.99/month for Online Bill Pay (waived with $500 in direct deposits per calendar month) on the Pure Checking account from First Hawaiian Bank What does that mean?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter13: Long-term Liabilities
Section: Chapter Questions
Problem 1PB: Sub-Cinema Inc. borrowed $10,000 on Jan. 1 and will repay the loan with 12 equal payments made at...
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$5.99/month for Online Bill Pay (waived with $500 in direct deposits per calendar month) on the Pure Checking account from First Hawaiian Bank What does that mean?
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It means that the service provider ( First Hawaiian Bank ) charges $5.99 per month for the services of secure online bill payment facility to their checking account customers. 

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