Check Retention and Destruction. Upon your receipt of a confirmation from us that we have received the image of an item, you agree to prominently xxxx the item as “Electronically Presented” or “VOID” to ensure that it is not represented for payment. You agree to securely store each original check that you deposit using the Service for a period of sixty (60) days after transmission to us in order to verify settlement and credit or to balance periodic statements. After such period expires, you will destroy the original check. You understand and agree that you are responsible for any loss caused by your failure to secure the original checks. You agree never to represent the check. During the retention period, you will promptly provide any retained check, or a sufficient copy of the front and back of the check, to us as requested to aid in the clearing and collection process, to resolve claims by third parties with respect to any check, or for our audit purposes. If you are unable to provide a sufficient copy of the front and back of the check you will be liable for any unresolved claims by third parties.
Appears in 2 contracts
Samples: Deposit Capture Agreement, Business Mobile Remote Deposit Capture Agreement
Check Retention and Destruction. Upon your receipt of a confirmation from us that we have received the image of an item, you agree to prominently xxxx the item items as “Electronically Presented” or “VOIDDeposited via Mobile and the date” to ensure that it is not represented for payment. You agree to securely store each original check that you deposit using the Service Mobile Deposit for a period of at least sixty (60) days after transmission to us to in order to verify settlement and credit or to balance periodic statementsyour account. After such period expires, you will safely destroy the original check. You understand and agree that you are responsible for any loss caused by your failure to secure the original checkscheck. You agree to never to represent resubmit the checkcheck for deposit. During the retention period, you will promptly provide any retained check, or a sufficient copy of the front and back of the check, to us as requested to aid in the clearing and collection process, to resolve claims by third parties with respect to any check, or for our audit purposes. If you are unable to provide a sufficient copy of the front and back of the check you will be liable for any unresolved claims by third partiesclaims.
Appears in 2 contracts
Samples: Mobile Deposit Terms and Conditions, Mobile Deposit Terms and Conditions
Check Retention and Destruction. Upon your receipt of a confirmation from us that we have received the image of an item, you agree to prominently xxxx the item as “Electronically Presented” or “VOID” to ensure that it is not represented for payment. You agree to securely store each original check that you deposit using the Service Services for a period of sixty (60) days after transmission to us in order to verify settlement and credit or to balance periodic statements. After such period expires, you will destroy the original check. You understand and agree that you are responsible for any loss caused by your failure to secure the original checks. You agree never to represent the check. During the retention period, you will promptly provide any retained check, or a sufficient copy of the front and back of the check, to us as requested to aid in the clearing and collection process, to resolve claims by third parties with respect to any check, or for our audit purposes. If you are unable to provide a sufficient copy of the front and back of the check you will be liable for any unresolved claims by third parties.
Appears in 2 contracts
Samples: Business Electronic Services Agreement and Disclosure, Remote Deposit Capture User Agreement
Check Retention and Destruction. Upon your receipt of a confirmation from us that we have received the image of an item, you agree to prominently xxxx mark the item as “Electronically Presented” or “VOID” to ensure that it is not represented for payment. You agree to securely store each original check that you deposit using the Service Remote Deposit Capture Services for a period of sixty (60) days after transmission to us in order to verify settlement and credit or to balance periodic statements. After such period expires, you will destroy the original check. You understand and agree that you are responsible for any loss caused by your failure to secure the original checks. You agree never to represent the check. During the retention period, you will promptly provide any retained check, or a sufficient copy of the front and back of the check, to us as requested to aid in the clearing and collection process, to resolve claims by third parties with respect to any check, or for our audit purposes. If you are unable to provide a sufficient copy of the front and back of the check check, you will be liable for any unresolved claims by third parties.
Appears in 2 contracts
Samples: Cash Management Master Agreement, Cash Management Master Agreement
Check Retention and Destruction. You must securely store each original check. Upon your receipt of a confirmation from us that we have received the image of an item, you agree to prominently xxxx mark the item as “Electronically Presented” or “VOID” to ensure that it is not represented re-presented for payment. You agree to securely store each original check that you deposit using the Service Mobile Deposit Services for a period of sixty (60) days after transmission to us in order to verify settlement and credit or to balance periodic statements. After such period expires, you will destroy the original check. You understand and agree that you are responsible for any loss caused by your failure to secure the original checks. You agree never to represent re-present the check. During the retention period, you will promptly provide any retained check, or a sufficient copy of the front and back of the check, to us as requested to aid in the clearing and collection process, to resolve claims by third parties with respect to any check, or for our audit purposes. If you are unable to provide a sufficient copy of the front and back of the check you will be liable for any unresolved claims by third parties.
Appears in 1 contract
Samples: Hawaiiusa Federal Credit Union Online Services Agreement
Check Retention and Destruction. Upon your receipt of a confirmation from us that we have received the image of an item, you agree to prominently xxxx the item as “Electronically Presented” or “VOID” to ensure that it is not represented for payment. You agree to securely store each original check that you deposit using the Service for a period of sixty ninety (6090) days after transmission to us in order to verify settlement and credit or to balance periodic statements. After such period expires, you will destroy the original check. You understand and agree that you are responsible for any loss caused by your failure to secure the original checks. You agree never to represent the check. During the retention period, you will promptly provide any retained check, or a sufficient copy of the front and back of the check, to us as requested to aid in the clearing and collection process, to resolve claims by third parties with respect to any check, or for our audit purposes. If you are unable to provide a sufficient copy of the front and back of the check you will be liable for any unresolved claims by third parties.
Appears in 1 contract
Check Retention and Destruction. You must securely store each original check. Upon your receipt of a confirmation from us that we have received the image of an item, you agree to prominently xxxx mark the item as “Electronically Presented” or “VOID” to ensure that it is not represented re-presented for payment. You agree to securely store each original check that you deposit using the Service Services for a period of sixty (60) days after transmission to us in order to verify settlement and credit or to balance periodic statements. After such period expires, you will destroy the original check. You understand and agree that you are responsible for any loss caused by your failure to secure the original checks. You agree never to represent re-present the check. During the retention period, you will promptly provide any retained check, or a sufficient copy of the front and back of the check, to us as requested to aid in the clearing and collection process, to resolve claims by third parties with respect to any check, or for our audit purposes. If you are unable to provide a sufficient copy of the front and back of the check you will be liable for any unresolved claims by third parties.
Appears in 1 contract
Samples: Disclosure and Agreement
Check Retention and Destruction. You must securely store each original check. Upon your receipt of a confirmation from us that we have received the image of an item, you agree to prominently xxxx the item as “Electronically Presented” or “VOID” to ensure that it is not represented re-presented for payment. You agree to securely store each original check that you deposit using the Service Services for a period of sixty (60) days after transmission to us in order to verify settlement and credit or to balance periodic statements. After such period expires, you will destroy the original check. You understand and agree that you are responsible for any loss caused by your failure to secure the original checks. You agree never to represent re-present the check. During the retention period, you will promptly provide any retained check, or a sufficient copy of the front and back of the check, to us as requested to aid in the clearing and collection process, to resolve claims by third parties with respect to any check, or for our audit purposes. If you are unable to provide a sufficient copy of the front and back of the check you will be liable for any unresolved claims by third parties.
Appears in 1 contract
Samples: Disclosure and Agreement
Check Retention and Destruction. Upon your receipt of a confirmation from us that we have received the image of an item, you agree to prominently xxxx mark the item as “Electronically Presented” or “VOID” to ensure that it is not represented for payment. You agree to securely store each original check that you deposit using the Service Services for a period of sixty (60) days after transmission to us in order to verify settlement and credit or to balance periodic statements. After such period expires, you will destroy the original check. You understand and agree that you are responsible for any loss caused by your failure to secure the original checks. You agree never to represent the check. During the retention period, you will promptly provide any retained check, or a sufficient copy of the front and back of the check, to us as requested to aid in the clearing and collection process, to resolve claims by third parties with respect to any check, or for our audit purposes. If you are unable to provide a sufficient copy of the front and back of the check you will be liable for any unresolved claims by third parties.
Appears in 1 contract