Common use of Acceptance of Checks Clause in Contracts

Acceptance of Checks. Checks are not considered received by us until we have confirmed receipt of them in the system, or in your official periodic statement. Receipt of an item does not constitute an acknowledgement by us that the Check will pay, is error-free or that we will be liable for the item. In addition, you acknowledge and agree that we may reject, in our sole discretion, any Check transmitted through the Services for remote deposit without notice to you, and we will not be liable for any such rejection. If we do not accept a Check for remote deposit, you must deposit the original Check by visiting our branch or by mailing the Check to us, pursuant to our procedures.

Appears in 3 contracts

Samples: Avadian Credit Union Online Services Agreement, Avadian Credit Union Online Services Agreement, Avadian Credit Union Online Services Agreement

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Acceptance of Checks. Checks are not considered received by us until we have confirmed receipt of them in the system, or in your official periodic statement. Receipt of an item does not constitute an acknowledgement by us that the Check will pay, is error-error- free or that we will be liable for the item. In addition, you acknowledge and agree that we may reject, in our sole discretion, any Check transmitted through the Services for remote deposit without notice to you, and we will not be liable for any such rejection. If we do not accept a Check for remote deposit, you must deposit the original Check by visiting our branch or by mailing the Check to us, pursuant to our procedures.

Appears in 2 contracts

Samples: Avadian Credit Union Online Services Agreement, Avadian Credit Union Online Services Agreement

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