Remote Deposit definition

Remote Deposit means any check that is deposited to your Account using your Mobile Device to capture an image of a check and send it to the Bank.
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Remote Deposit refers to Our remote deposit service that permits electronic deposit of a check payable to an Account Owner to their eligible deposit Account using digital or other imaging.
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Remote Deposit means to deposit Items to your Account by creating an Image of the Item using a Remote Device, and transmitting that Image to us for deposit.
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Examples of Remote Deposit in a sentence

  • This includes any notice that we provide to you confirming that we have received an Official Image from you after you use the Mobile Remote Deposit Services.

  • We will credit funds to your Account upon our receipt of the Eligible Item but you acknowledge that we may place a "hold" on funds that are sent or received through the Mobile Remote Deposit Services and therefore the availability and access to the funds will be subject to any hold that we place on the funds (as well as any other limits or restrictions described in this Agreement).

  • Unlike traditional check deposits, you retain the original paper check when you use Remote Deposit Capture.

  • You are to notify us right away of any suspected errors regarding items deposited through the Remote Deposit Capture Services, in no event later than 60 days after the applicable the Credit Union account statement is sent.

  • If any item you deposit through the Remote Deposit Capture Services is dishonored or otherwise returned unpaid, we will return the item to you in the form of a Substitute Check and charge back your account for the amount of the item plus any applicable fees in accordance with your the Credit Union Membership Agreement.

  • To use the Remote Deposit Capture Service, you must obtain and maintain an Eligible Device and all other hardware and software it requires, at your own expense.

  • There is currently no charge for the Remote Deposit Capture Services.

  • The following terms and conditions govern the use of the Remote Deposit Capture Services.

  • We make no warranty that the Remote Deposit Capture Services (i) will meet your requirements; (ii) will be uninterrupted, timely, secure or error free; (iii) will yield accurate or reliable results; or (iv) that any errors in the Remote Deposit Capture Services or technology will be corrected.

  • You can use the Remote Deposit Capture Service 24 hours a day, seven days a week, except when they are unavailable due to maintenance or system outages.


More Definitions of Remote Deposit

Remote Deposit or “Remote Deposit Capture” refers to your deposit of Qualifying Items to the authorized Account by endorsing the paper originals, placing our name and the word “scanned” on them, and then scanning both sides of them and sending their accurate images to us, together with deposit instructions, via the Internet, rather than by providing us with the paper originals.
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Remote Deposit means depositing paper checks you receive to your Account with us by electronically transmitting a digital image of the paper checks to us for deposit using a scanning device such as a flatbed scanner. Your Account Card, the Credit Union Membership and Account Agreement, General Fee Schedule, Rate Sheet, the Internet Account Access Agreement, Optional Xxxx Pay Agreement and Disclosure Statement, and individual account disclosures ("Account Documents") are hereby incorporated into and made a part of this Disclosure and Agreement. In the event of a discrepancy between this Disclosure and Agreement and my Account Documents regarding the Services, this Disclosure and Agreement will control. Use of the Services. By using the Services or clicking the electronic signature "acceptance" you agree to the terms and conditions in this Disclosure and Agreement, and any amendments. Following your electronic acceptance of this Disclosure and Agreement, you will be permitted to remotely deposit paper checks as that term is defined in Federal Reserve Regulation CC (Reg. CC"), you receive to your Account with us by electronically transmitting a digital image of the paper checks to us for deposit. You agree to comply with the hardware and software requirements set forth at Exhibit "A," which is attached hereto and incorporated by this reference. Upon receipt of the digital image, we will review the image for acceptability. You understand and agree that receipt of an image does not occur until after we notify you of receipt of the image via the Deposit History feature. You understand that, in the event you receive a notification from us confirming receipt of an image, such notification does not mean that the image contains no errors or that the image is acceptable to us. Following receipt of the image, we will process the item as an image. We will not process the image by preparing a "substitute check". Notwithstanding anything to the contrary, we reserve the right, within our sole and absolute discretion, to accept or reject any item for mobile or remote deposit into your Account. You understand that any amount credited to your Account for items deposited using the Services is a provisional credit. Guarantee Specific to Deposits Received for Credit to a Business Account and Change in Financial Circumstances: Your use of the Services for the purpose of depositing to a Business Account constitutes your understanding and agreement that you will be required to execute the uncond...
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Remote Deposit means the Online Service that permits you to transmit to us for deposit to your Account the image of a Qualified Item that is compliant with the federal Check Clearing for the 21st Century Act (“Check 21 Act”) (12 U.S.C. 5001 et seq.) using the Internet, a Device and Software.
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Remote Deposit allows you to deposit a check via a smart phone, tablet, or computer with a scanner; • “Check Image” allows you to click on a check number to view the front and back image of the cleared check. • “Check Order” enables you to reorder personal checks online;
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Remote Deposit allows You to deposit a check via a smart phone, tablet, or computer with a scanner; • “Shared Access” enables You to delegate Digital Banking Account access to others without sharing login credentials;
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Remote Deposit means a method of accepting checks or items for deposit to Company's Account through the process of Bank receiving an image of the check or item for deposit using a scanner or other similar device.
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Related to Remote Deposit

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.

  • Time Deposits means time deposits, certificates of deposit or similar arrangements with any bank or trust company, including the Trustee or an affiliate thereof, which is a member of the Federal Deposit Insurance Corporation.

  • Public deposit means public funds on deposit with a public

  • Xxxxxxx Money Deposit shall have the meaning set forth in Section 2.5(a).

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Bid Deposit means a financial guarantee to ensure the successful bidder will enter into an agreement.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.