Check Cashing. If we cash a check for you that is drawn on another bank, we may withhold the availability of a corresponding amount of funds that are already in your account. Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it.
Check Cashing. We may charge a fee for anyone that does not have an Account with us who is cashing a check, draft or other instrument written on your Account. We may also require reasonable identification to cash such a check, draft or other instrument. We can decide what identification is reasonable under the circumstances and such identification may be documentary or physical and may include collecting a thumbprint or fingerprint.
Check Cashing. We may charge a fee for anyone that does not have an account with us who is cashing a check, draft, or other instrument written on your account. We may also require reasonable identification to cash such a check, draft, or other instrument. We can decide what identification is reasonable under the circumstances and such identification may be documentary or physical and may include collecting a thumbprint or fingerprint. TRUNCATION, SUBSTITUTE CHECKS, & OTHER CHECK IMAGES. If you truncate an original check and create a substitute check, or other paper or electronic image of the original check, you warrant that no one will be asked to make payment on the original check, a substitute check, or any other electronic or paper image, if the payment obligation relating to the original check has already been paid. You also warrant that any substitute check you create conforms to the legal requirements and generally accepted specifications for substitute checks. You agree to retain the original check in conformance with our internal policy for retaining original checks. You agree to indemnify us for any loss we may incur as a result of any truncated check transaction you initiate. We can refuse to accept substitute checks that have not previously been warranted by a bank or other financial institution in conformance with the Check 21 Act. Unless specifically stated in a separate agreement between you and us, we do not have to accept any other electronic or paper image of an original check. REMOTELY CREATED CHECKS. Like any standard check or draft, a remotely created check (sometimes called a telecheck, preauthorized check, or demand check) is a check that can be used to withdraw money from an account. Unlike a typical check, however, a remotely created check is not issued by the paying bank and does not contain the signature of the account owner (or a signature purported to be the signature of the account owner). In place of a signature, the check usually has a statement that the owner authorized the check or has the owner's name typed or printed on the signature line. For example, if a person provides an account number in response to a telephone solicitation, the telephone solicitor can use the account number to issue a remotely created check to withdraw money from that account.
Check Cashing. For anyone cashing a check, member or non-member, we will require that you provide proper identification (which may include a current photo ID) at the time of the transaction. If you refuse to provide identification or are unable to do so, we may decline to complete the transaction. Closing Your Account The owner on an Account may close the Account at any time. Your right to close an Account is subject to any statutory or contractual lien existing in our favor and any legal process levied against any such Account. We are not required to close your account at your request if you have pending transactions, the account is overdrawn, your account is subject to legal process (such as a garnishment, attachment, execution or levy) or any type of holds (such as collateral hold, decedent hold or deposit hold). In those cases, we will limit the types of transactions that you can make until pending transactions are paid or returned, the balance is no longer negative, and any legal restriction/hold has been released. The Credit Union may close an account if the balance drops below par value for a period of 90 days. The Credit Union may close an account due to inactivity in which the account no longer maintains a balance. A new account that is not properly funded within a 60-day period will be closed. After we restrict your account in preparation for closing, we will not pay any additional dividends on the account. We will have no liability for refusing to honor any check drawn on a closed account. We have the right to advise consumer reporting agencies and other third-party reporting agencies of accounts closed for misuse, such as overdrafts. After your account is closed, we have no obligation to accept deposits, but we may reopen your account if we receive a deposit. Generally, a closed account cannot be reopened. However, we may reopen your account after closing in certain instances, including, but not limited to, receipt of a dishonored/returned item or a preauthorized debit card transaction initiated on your account and not canceled prior to account closure. In these instances, you will be liable for any negative balance arising from these transactions as well as any associated fees incurred. Members closing out all accounts or accounts closed by the Credit Union will require members to requalify for membership and follow all required processes to open a new account. We will close your account when suspicious activity is detected during monitoring of transactions....
Check Cashing. A fee is assessed for anyone that does not have an account with RBFCU who is cashing a check, draft or other instrument drawn on RBFCU including exchanges for a cashier’s check. For anyone cashing a check, member or non-member, we will require that you provide identification at the time of the transaction. If you refuse to do so, the transaction will be declined.
Check Cashing. If a person who is not our deposit or loan customer tries to cash your check at any of our branches, we may charge them a fee or refuse to cash it. We may also require that they provide us identification we deem acceptable.
Check Cashing. We may charge a fee for anyone that does not have an account with us who is cashing a check, draft or other instrument written on your account. We may also require reasonable identification to cash such a check, draft or other instrument. We can decide what identification is reasonable under the circumstances and such identification may be documentary or physical and may include collecting a thumbprint or fingerprint. Truncation, Substitute Checks, and Other Check Images. If you truncate an original check and create a substitute check, or other paper or electronic image of the original check, you warrant that no one will be asked to make payment on the original check, a substitute check or any other electronic or paper image, if the payment obligation relating to the original check has already been paid. You also warrant that any substitute check you create conforms to the legal requirements and generally accepted specifications for substitute checks. You agree to retain the original check in conformance with our internal policy for retaining original checks. You agree to indemnify us for any loss we may incur as a result of any truncated check transaction you initiate. We can refuse to accept substitute checks that have not previously been warranted by a bank or other financial institution in conformance with the Check 21 Act. Unless specifically stated in a separate agreement between you and us, we do not have to accept any other electronic or paper image of an original check. You warrant and agree to the following for every remotely created check we receive from you for deposit or collection: (1) you have received express and verifiable authorization to create the check in the amount and to the payee that appears on the check; (2) you will maintain proof of the authorization for at least 2 years from the date of the authorization, and supply us the proof if we ask; and (3) if a check is returned you owe us the amount of the check, regardless of when the check is returned. We may take funds from your account to pay the amount you owe us, and if there are insufficient funds in your account, you still owe us the remaining balance. or drafts are knowingly accepted by gambling businesses in connection with the participation by others in unlawful Internet gambling. You must notify us at once if you suspect that your facsimile signature is being or has been misused.
Check Cashing. We may charge a fee to anyone that does not have an Account with us who presents a Check written on your Account to be cashed at one of our branches as provided in our Fee Schedule for Consumer Accounts. We may refuse to cash the Check or may require reasonable identification, including fingerprints. You agree that our refusal to cash a Check will not be considered wrongful dishonor if the person presenting the Check refuses to pay the fee or provide sufficient identification.
Check Cashing. A fee may be assessed for anyone that does not have an account with us who is cashing a check, draft or other item drawn on us. For anyone cashing a check, member or non-member, we will require that you provide identification at the time of the transaction. If you refuse to do so, the transaction will be declined. If a non-member requests to cash a check drawn on your Account, we may require the non-member to present acceptable identification and, at our option, place a fingerprint on the check. If the non-member refuses to comply with our requirements, we may refuse to accept the check, and you agree that we will not be liable for wrongful dishonor.
Check Cashing. We will not cash checks payable to business Accounts. We may also refuse, and you agree it will not be a wrongful dishonor to refuse, to cash a check, draft or other order for the payment of money drawn on your Account payable to a non-Bank client. If we cash such an Item, we may charge a fee to the non-Bank client and require them to provide us with identification acceptable to us.
