Check Safekeeping definition

Check Safekeeping or “Check Truncation” means Bank will not return canceled checks in the Account statement.
Sample 1

Examples of Check Safekeeping in a sentence

  • Check Safekeeping is automatic on Your Account and Your cancelled checks will not be returned to You.

  • You may choose either for the Bank to retain checks (Check Safekeeping) or to receive check copies (images) with each periodic statement; neither option includes an additional monthly fee.

  • After transmitting the Electronic Item to us, you will retain the original paper items as discussed in the Check Safekeeping, Record Retention and Destruction section of this document.

  • Check Safekeeping is automatic on Your Account and Your cancelled Checks will not be returned to You.

  • With Check Safekeeping, your canceled Checks will not be returned to you with your statement, and the front and back of all Checks processed against your Account will be imaged and retained by us for seven (7) years.

  • That agreement contains separate provi- sions applicable to EFTs. Check Safekeeping and Images For accounts that can be accessed by check, we will not return your checks to you with your periodic statements.

  • Checking Accounts require “Check Safekeeping.” With Check Safekeeping, we will send or otherwise make available to you (i) Check Images or (ii) information that identifies Checks that have posted to your Account.

  • Check Safekeeping is automatic on Your Account and, unless You specifically request otherwise and agree to pay any associated fees, Your cancelled Checks will not be returned to You.

  • During this time, the paper items should be stored in a secure place (refer to the Check Safekeeping Guidelines, above).

  • Check Safekeeping is automatic on Your Account and, unless You specifically request otherwise and agree to pay any associated fees, Your canceled Checks will not be returned to You.

Related to Check Safekeeping

  • Common Safekeeper means an ICSD in its capacity as common safekeeper or a person nominated by the ICSDs to perform the role of common safekeeper;

  • Community custody means that portion of an offender's

  • Central Repository means the repository responsible for the receipt, consolidation, and retention of all information reported to the CAT pursuant to SEC Rule 613 and the CAT NMS Plan.

  • Physical Safeguards are physical measures, policies, and procedures to protect CONTRACTOR’s electronic information systems and related buildings and equipment, from natural and environmental hazards, and unauthorized intrusion.

  • National Repository means any Nationally Recognized Municipal Securities Information Repository for purposes of the Rule.

  • Electronic Payment System means a payment system that generates any transfer of funds, other than a transaction originated by cash, check, or similar paper instrument, which is initiated through an electronic terminal, telephone, mobile phone, computer, or magnetic tape, for the purpose of ordering, instructing or authorizing a financial institution to debit or credit an account. The term includes debit cards, wire transfers, transfers made at automatic teller machines, and point-of-sale terminals.

  • Consumer account means an account established primarily for personal, family, or household use.

  • Account Records is defined in Section 1(a)(i) of the Administration Agreement.

  • IPN Portal Administrator means the USAID official designated by the Director, M/OAA, who has overall responsibility for managing the USAID Implementing Partner Notices Portal for Assistance.

  • Security Custodian means, with respect to Securities of a series issued in global form, the Trustee for Securities of such series, as custodian with respect to the Securities of such series, or any successor entity thereto.

  • Clearinghouse means the Federal Motor Carrier Safety Administration Commercial Driver's License Drug and Alcohol Clearinghouse.

  • Custody Account means each Securities custody account on Bank's records to which Financial Assets are or may be credited pursuant hereto.

  • Regulations of the U.S. Department of Transportation means the regulations in 49 CFR Parts 100-189.

  • Clearing House means a clearing house recognised by the laws of the jurisdiction in which the Shares (or depositary receipts therefor) are listed or quoted on a stock exchange or interdealer quotation system in such jurisdiction.

  • aerodrome control service means air traffic control service for aerodrome traffic;

  • Commodities Accounts (i) shall mean all “commodity accounts” as defined in Article 9 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4 under the heading “Commodities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Checked Baggage means baggage of which the carrier takes sole custody and for which the carrier issues a baggage identification tag.

  • Clearing means the clearing and removal of vegetation, whether partially or in whole, including trees and shrubs, as specified;

  • Euroclear Sweden means Euroclear Sweden AB, the Swedish central securities depository;

  • Cleared UCAP means the amount of MW (rounded down to the nearest tenth of a MW) that had been subject to an Offer Floor but has cleared in accordance with Section 23.4.5.7.

  • Cash Management System shall have the meaning assigned to such term in Section 9.01.

  • Mobile Banking Service means the EB Services which we enable you to access via the Mobile Banking App or a web browser designed for use on a Mobile Device; and

  • Cash Management Systems has the meaning ascribed to it in Section 1.8.

  • Computer Security Procedures means procedures for prevention of unauthorized computer access and use and administration of computer access and use as provided in writing to the Underwriter.

  • Client Securities Rules means the Securities and Futures (Client Securities) Rules (Cap 571H of the Laws of Hong Kong).

  • Electronic Ledger means the electronic master record of the retail installment sales contracts or installment loans of the Servicer.