Common use of Accepting Deposits Clause in Contracts

Accepting Deposits. All items deposited will be handled by us as agent for you. If an item is sent by mail to the Bank for deposit, we will not consider it received until we have the actual item in our possession. For checks sent via mobile deposit (if available), the check shall not be considered to have been received by the Bank until the Bank receives the valid electronic check image file. We have the right to refuse any deposit. We may not accept deposits in foreign funds or checks drawn on banks located outside of the United States. If we do accept a foreign deposit it may take up to 45 days to receive credit in your account. If we choose to accept foreign checks, the items are subject to collection prior to being credited to your account. We may disregard any information written or printed on a check other than the signature of the drawer, the identification of the bank on which the check is drawn, the name of the payee, the written and numeric dollar amounts and the electronically encoded routing information on the check. The Bank reserves the right to reject a deposit if it is made payable to the Bank and contains no means to identify the account to which it should be credited. Receipt of Deposits For all transactions received in our Operations Center before 3:00 PM Eastern Time on a business day or 7:00 PM Eastern Time on a business day for mobile or remote scanned deposits (if available), we will consider that day to be the day of your deposit. Any deposits received by us after these times or received on a day on which we are not open for business, will be treated and recorded as if received on the next business day we are open. Saturday, Sunday and federal holidays are not considered business days. All checks, drafts and other items are conditionally credited to your account in U.S. dollars and are subject to our receipt of final payment for each item. We assume no responsibility for collections beyond the exercise of reasonable care. For deposited items, we are not responsible for the negligence of our correspondent banks or for the loss of items in transit. The Bank is not liable for any deposits lost in the mail, lost in transit or otherwise not received by the Bank. Cash Deposits We do NOT accept cash for deposit. Any cash you send will be returned to you through the U.S. Mail. The Bank is not liable for any cash lost in the mail, lost in transit or not received by us or you. Direct Deposits If we deposit any amount into your account which should have been returned to the Federal Government for any reason, you authorize us to deduct the amount of our liability to the Federal Government from the account or from any other account you have with us, without prior notice and at any time, except as prohibited by law. We may also use any other legal remedy to recover the amount of our liability. If a direct deposit posts to your account and is later found to be made payable to someone other than yourself or another account owner listed in our records, the amount of the deposit will be deducted from your account and returned to the originator without prior notice to you.

Accepting Deposits. All items deposited will be handled by You authorize us as agent to deposit to your Account Direct Deposits and any other amounts received for you. If an item is sent by mail to the Bank for deposit, we will not consider it received until we have the actual item in our possession. For checks sent via mobile deposit (if available), the check shall not be considered to have been received by the Bank until the Bank receives the valid electronic check image fileyour benefit. We shall have the right to refuse forward Items to correspondents including all Federal Reserve Banks, and we shall not be liable for default or neglect of said correspondents for loss in transit, nor shall any depositcorrespondent be liable except for its own negligence. We may not accept deposits You specifically authorize us or our correspondents to utilize Federal Reserve Banks to handle such Items in foreign funds accordance with provisions of Regulation J (12 CFR Part 210), as revised or checks drawn on banks located outside of amended from time to time by the United StatesFederal Reserve Board. If In the event we do accept a foreign deposit it may take up to 45 days to receive credit in your account. If we choose to accept foreign checks, the items are subject to collection prior local clearing house rules, you specifically authorize us to being credited to your account. We may disregard any information written or printed on a check other than handle such Items in accordance with the signature rules and regulations of the drawerclearing house. No other person can deposit money into your Account on your behalf, the identification of the bank on which the check is drawn, the name of the payee, the written and numeric dollar amounts and the electronically encoded routing information on the check. The Bank reserves we reserve the right to reject a deposit if it is made payable to the Bank and contains no means to identify the account to which it should be credited. Receipt of Deposits For all transactions received in our Operations Center before 3:00 PM Eastern Time on a business day or 7:00 PM Eastern Time on a business day for mobile or remote scanned deposits (if available), we will consider that day to be the day of your any such deposit. Any deposits received by We will not accept any checks, money orders or cash mailed to us after these times for deposit, or received on a day on which we any inbound wire transfers to your Account. We are not open liable for businessany checks, will be treated and recorded as if received on the next business day we are open. Saturday, Sunday and federal holidays are not considered business daysmoney orders or cash mailed to us. All checksdeposits are received electronically and processed at our processing facility. All Items sent to us for deposit are payable only in U.S. dollars. FEDERAL PAYMENTS: THE ONLY FEDERAL PAYMENTS THAT MAY BE DEPOSITED TO YOUR ACCOUNT VIA AN ACH CREDIT ARE FEDERAL PAYMENTS FOR THE BENEFIT OF THE ACCOUNTHOLDER. IF YOU HAVE QUESTIONS ABOUT THIS REQUIREMENT, drafts and other items PLEASE CALL CUSTOMER SERVICE. All deposits are conditionally credited posted to your account in U.S. dollars and are designated Account conditionally, subject to our receipt of final payment. If final payment for each item. We assume no responsibility for collections beyond the exercise of reasonable care. For deposited items, we are not responsible for the negligence of our correspondent banks or for the loss of items in transit. The Bank is not liable for received on any deposits lost in the mailItem you deposited to your Account, lost in transit or otherwise not received if any Direct Deposit, ACH credit or EFT to your Account is reversed by the Bank. Cash Deposits We do NOT accept cash for deposit. Any cash you send will be returned to you through the U.S. Mail. The Bank is not liable for any cash lost in the mail, lost in transit or not received by us or you. Direct Deposits If we deposit any amount into your account which should have been returned to the Federal Government originating financial institution for any reason, you agree to pay us the amount of the reversed deposit, and you authorize us to deduct the amount debit any Account with us of our liability to the Federal Government from the account or from any other account which you have with usare an owner, without prior notice and at any time, except as prohibited for the amount of the reversed deposit and any returned Item. You also authorize us to debit your Account for any applicable fee assessed by lawus, any interest paid on the deposit, and any other fee we pay or loss we incur. We may also use any other legal remedy to recover the amount you owe us. We are not responsible for any transactions until we actually receive and post the transaction to your Account. We are not liable for the default or negligence of our liabilityduly selected agents or correspondents, nor for losses in transit. If a direct We may, at our discretion, refuse to accept funds for deposit posts to your account Account for any reason and is later found to be made payable to someone other than yourself or another account owner listed in we may, at our recordsdiscretion, the amount of the deposit will be deducted from your account and returned return such funds to the originator without prior notice to youoriginator.

Accepting Deposits. All items deposited will be handled by us as agent for you. If an item is sent by mail to the Bank for deposit, we will not consider it received until we have the actual item in our possession. For checks sent via mobile deposit (if available), the check shall not be considered to have been received by the Bank until the Bank receives the valid electronic check image file. We have the right to refuse any deposit. We may not accept deposits in foreign funds or checks drawn on banks located outside of the United States. If we do accept a foreign deposit it may take up to 45 days to receive credit in your account. If we choose to accept foreign checks, the items are subject to collection prior to being credited to your account. We may disregard any information written or printed on a check other than the signature of the drawer, the identification of the bank on which the check is drawn, the name of the payee, the written and numeric dollar amounts amounts, and the electronically encoded routing information on the check. The Bank reserves the right to reject a deposit if it is made payable to the Bank and contains no means to identify the account to which it should be credited. Receipt of Deposits For all transactions received in our Operations Center before 3:00 PM Eastern Time on a business day or 7:00 PM Eastern Time on a business day for mobile or remote scanned deposits (if available), we will consider that day to be the day of your deposit. Any deposits received by us after these times or received on a day on which we are not open for business, business will be treated and recorded as if received on the next business day we are open. Saturday, Sunday Sunday, and federal holidays are not considered business days. All checks, drafts drafts, and other items are conditionally credited to your account in U.S. dollars and are subject to our receipt of final payment for each item. We assume no responsibility for collections beyond the exercise of reasonable care. For deposited items, we are not responsible for the negligence of our correspondent banks or for the loss of items in transit. The Bank is not liable for any deposits lost in the mail, lost in transit transit, or otherwise not received by the Bank. Cash Deposits We do NOT accept cash for deposit. Any cash you send will be returned to you through the U.S. Mail. The Bank is not liable for any cash lost in the mail, lost in transit transit, or not received by us or you. Direct Deposits If we deposit any amount into your account which should have been returned to the Federal Government for any reason, you authorize us to deduct the amount of our liability to the Federal Government from the account or from any other account you have with us, without prior notice and at any time, except as prohibited by law. We may also use any other legal remedy to recover the amount of our liability. If a direct deposit posts to your account and is later found to be made payable to someone other than yourself or the owner of another account owner listed in our records, the amount of the deposit will be deducted from your account and returned to the originator without prior notice to you.

Accepting Deposits. All items deposited will be handled by us as agent for you. If an item is sent by mail to the Bank for deposit, we will not consider it received until we have the actual item in our possession. For checks sent via mobile deposit (if available), the check shall not be considered to have been received by the Bank until the Bank receives the valid electronic check image file. We have the right to refuse any deposit. We may not accept deposits in foreign funds or checks drawn on banks located outside of the United States. If we do accept a foreign deposit it may take up to 45 days to receive credit in your account. If we choose to accept foreign checks, the items are subject to collection prior to being credited to your account. We may disregard any information written or printed on a check other than the signature of the drawer, the identification of the bank on which the check is drawn, the name of the payee, the written and numeric dollar amounts amounts, and the electronically encoded routing information on the check. The Bank reserves the right to reject a deposit if it is made payable to the Bank and contains no means to identify the account to which it should be credited. Receipt of Deposits For all transactions received in our Operations Center before 3:00 PM Eastern Time on a business day or 7:00 PM Eastern Time on a business day for mobile or remote scanned deposits (if available), we will consider that day to be the day of your deposit. Any deposits received by us after these times or received on a day on which we are not open for business, business will be treated and recorded as if received on the next business day we are open. Saturday, Sunday Sunday, and federal holidays are not considered business days. All checks, drafts drafts, and other items are conditionally credited to your account in U.S. dollars and are subject to our receipt of final payment for each item. We assume no responsibility for collections beyond the exercise of reasonable care. For deposited items, we are not responsible for the negligence of our correspondent banks or for the loss of items in transit. The Bank is not liable for any deposits lost in the mail, lost in transit or otherwise not received by the Bank. Cash Deposits We do NOT accept cash for deposit. Any cash you send will be returned to you through the U.S. Mail. The Bank is not liable for any cash lost in the mail, lost in transit or not received by us or you. Direct Deposits If we deposit any amount into your account which should have been returned to the Federal Government for any reason, you authorize us to deduct the amount of our liability to the Federal Government from the account or from any other account you have with us, without prior notice and at any time, except as prohibited by law. We may also use any other legal remedy to recover the amount of our liability. If a direct deposit posts to your account and is later found to be made payable to someone other than yourself or the owner of another account owner listed in our records, the amount of the deposit will be deducted from your account and returned to the originator without prior notice to you.

Accepting Deposits. All items deposited will be handled by us as agent for you. If an item is sent by mail to the Bank for deposit, we will not consider it received until we have the actual item in our possession. For checks sent via mobile deposit (if available), the check shall not be considered to have been received by the Bank until the Bank receives the valid electronic check image file. We have the right to refuse any deposit. We may not accept deposits in foreign funds or checks drawn on banks located outside of the United States. If we do accept a foreign deposit it may take up to 45 days to receive credit in your account. If we choose to accept foreign checks, the items are subject to collection prior to being credited to your account. We may disregard any information written or printed on a check other than the signature of the drawer, the identification of the bank on which the check is drawn, the name of the payee, the written and numeric dollar amounts amounts, and the electronically encoded routing information on the check. The Bank reserves the right to reject a deposit if it is made payable to the Bank and contains no means to identify the account to which it should be credited. Receipt of Deposits For all transactions received in our Operations Center before 3:00 PM Eastern Time on a business day or 7:00 PM Eastern Time on a business day for mobile or remote scanned deposits (if available), we will consider that day to be the day of your deposit. Any deposits received by us after these times or received on a day on which we are not open for business, business will be treated and recorded as if received on the next business day we are open. Saturday, Sunday Sunday, and federal holidays are not considered business days. All checks, drafts drafts, and other items are conditionally credited to your account in U.S. dollars and are subject to our receipt of final payment for each item. We assume no responsibility for collections beyond the exercise of reasonable care. For deposited items, we are not responsible for the negligence of our correspondent banks or for the loss of items in transit. The Bank is not liable for any deposits lost in the mail, lost in transit transit, or otherwise not received by the Bank. Cash Deposits We do NOT accept cash for deposit. Any cash you send will be returned to you through the U.S. Mail. The Bank is not liable for any cash lost in the mail, lost in transit or not received by us or you. Direct Deposits If we deposit any amount into your account which should have been returned to the Federal Government for any reason, you authorize us to deduct the amount of our liability to the Federal Government from the account or from any other account you have with us, without prior notice and at any time, except as prohibited by law. We may also use any other legal remedy to recover the amount of our liability. If a direct deposit posts to your account and is later found to be made payable to someone other than yourself or the owner of another account owner listed in our records, the amount of the deposit will be deducted from your account and returned to the originator without prior notice to you.