Common use of AVAILABILITY OF CHECKS DEPOSITED USING THE SERVICE Clause in Contracts

AVAILABILITY OF CHECKS DEPOSITED USING THE SERVICE. If you deposit a check using the Mobile Deposit Service before 6:00 p.m. HST on a business day, the amount of the check or $200 (whichever is less) will be made immediately available for you to use. The remainder of your deposit may be available as early as the business day following the business day of your deposit. Your deposit is subject to verification, and we may not make the funds available for you to use until we complete our verification. If we cannot verify your check, we will reverse the deposit from your account. We will notify you by U.S. Mail if we decide to delay your use of the deposited funds or decide not to accept your check for deposit. Before using funds that you deposit through Mobile Banking Services, you should confirm that your deposit has been credited to your account or is available for you to use by reviewing your account. Once you confirm that your deposit has been processed, you should write “Void” or “Electronically Deposited” on your check. You may not deposit this check again anywhere.

Appears in 5 contracts

Samples: Banking Agreement, Ebanking Agreement and Disclosure – Business Please Print and Save, Banking Agreement

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AVAILABILITY OF CHECKS DEPOSITED USING THE SERVICE. If you deposit a check using the Mobile Deposit Service before 6:00 p.m. HST on a business day, the amount of the check or a minimum of $200 225, or amount required by law, (whichever is less) will be made immediately available for you to use. The remainder of your deposit may be available as early as the business day following the business day of your deposit. Your deposit is subject to verification, and we may not make the funds available for you to use until we complete our verification. If we cannot verify your check, we will reverse the deposit from your account. We will notify you by U.S. Mail if we decide to delay your use of the deposited funds or decide not to accept your check for deposit. Before using funds that you deposit through Mobile Banking Services, you should confirm that your deposit has been credited to your account or is available for you to use by reviewing your account. Once you confirm that your deposit has been processed, you should write “Void” or “Electronically Deposited” on your check. You may not deposit this check again anywhere.

Appears in 2 contracts

Samples: Online Banking Agreement, Online Banking Agreement

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