Common use of Account Reconciliation Clause in Contracts

Account Reconciliation. Account Reconcilement enables you to monitor, track and reconcile activity in your designated deposit account. The reconciliation services available are Full Account Reconciliation, Partial Account Reconciliation and Deposit Reconciliation. (a) Full Account Reconciliation- Includes Positive Pay Service and Statement of Activity based on accounting cycle (b) Partial Account Reconciliation- provides Statement of Activity based on accounting cycle