Check Retention Period. You agree that you will preserve the originals of all checks, processed through the services pursuant to this agreement for thirty-one (31) calendar days after the day of deposit (“Retention Period”). After you receive the “Deposit Successful” message, write “Mobile Deposit” on the check front. The risk of loss due to the unavailability of the original or copy of a check for any reason, during the retention period, shall be exclusively on the member. Destruction of Original Checks You will be fully responsible for the destruction of the checks. You agree to use commercially reasonable method(s) to destroy original checks after the required retention period has expired. You agree to destroy and dispose of the original checks with a high degree of care, including selecting and implementing appropriate destruction and disposal procedures. You are required to implement such procedures to ensure that the original checks are not accessed by unauthorized persons during the storage, destruction and disposal process and, once destroyed, the original checks are no longer readable or capable of being reconstructed (e.g., through the use of competent shredding equipment). The risk of loss associated with the accidental inclusion of a physical check in the check collection process or with a lost, destroyed, stolen or misplaced check shall be exclusively on the member. Member Representations and Warranties You represent and warrant that all checks transmitted through the use of the services are made payable to the member, all signatures and endorsements on each check are authentic and authorized, and each check has not been altered. Prohibited Checks You agree that checks scanned through the use of the services will not; • be payable to any person or entity other than you; • be prohibited by, or received in violation of, any law, rule or regulation; • be known or suspected (or should have known or suspected) as fraudulent or otherwise authorized by the owner of the account on which the check is drawn; • have been previously cashed or deposited; • be post dated or more than six (6) month old; • be payable to cash; • be irregular in any way; • bear a signature of the person on whose account the check is drawn; or • be drawn on financial institutions that are located outside the United States. Endorsement of Checks You agree to properly endorse each check prior to submitting such check through the use of the services. Endorsement Example: "For Deposit Only to Front Royal F...
Check Retention Period. You agree that You will preserve the originals of all Checks, processed through the Services pursuant to this Agreement for twenty (20) calendar days after the day of deposit (“Retention Period”). The risk of loss due to the unavailability of the original copy of a Check for any reason, during the Retention period, shall be exclusively on the Member.
Check Retention Period. When you make a successful mobile deposit, you will be notified by an Application message and subsequent email notification. You agree that you will preserve the originals of all checks processed through the Service pursuant to this Agreement for fifteen (15) calendar days after the day of deposit (“Retention Period”). After you receive a “Deposit Approved Notification” message, write “HFCU Mobile Deposit” on the front of the original check. After 15 calendar days, you may shred or otherwise destroy the original check. You will be fully responsible for the proper destruction of the original check after the retention period has expired. The risk of loss due to the unavailability of the original or copy of a check for any reason during the retention period shall be exclusively on the member.
Check Retention Period. You agree that you will preserve the originals of all checks, processed through the services pursuant to this agreement for fifteen (15) calendar days after the day of deposit (“Retention Period”). After you receive the “Deposit Successful” message, write “
Check Retention Period. You agree that you will preserve the originals of all Checks, processed through the Services pursuant to this agreement for thirty (30) calendar days after the day of deposit (“Retention Period”). After you receive a message indicating the deposit was successful, write “Mobile Deposit” on the Check front. The risk of loss due to the unavailability of the original or copy of a Check for any reason, during the retention period, shall be exclusively on the Account Owner.
Check Retention Period. You agree that You will preserve the originals of all Checks, processed through the Services pursuant to this Agreement for twenty (20) calendar days after the day of deposit (“Retention Period”). The risk of loss due to the unavailability of the original or copy of a Check for any reason, during the Retention Period, shall be exclusively on the Member. Storage and Destruction of Original Checks- You will be fully responsible for the secured storage and destruction of the Checks. You agree to use commercially reasonable method(s) to destroy original Checks after the required Retention Period has expired. You agree to destroy and dispose of the original Checks with a high degree of care, including selecting and implementing appropriate destruction and disposal procedures. You are required to implement such procedures to ensure that the original Checks are not accessed by unauthorized persons during the storage, destruction and disposal process and, once destroyed, the original Checks are no longer readable or capable of being reconstructed (e.g., through the use of competent shredding equipment). The risk of loss associated with the accidental inclusion of a physical Check in the Check collection process or with a lost, destroyed, stolen or misplaced Check shall be exclusively on the Member.
Check Retention Period. You agree that you will preserve the originals of all checks, processed through the services pursuant to this agreement for thirty (30) calendar days after the day of deposit (“Retention Period”). After you receive the “Deposit Successful” message/email, write “Remote Deposit Capture” on the check front along with the date of deposit. The risk of loss due to the unavailability of the original or copy of a check for any reason, during the retention period, shall be exclusively on the member. Storage and Destruction of Original Checks You will be fully responsible for the destruction of the checks. You agree to use commercially reasonable method(s) to destroy original checks after the required retention period has expired. You agree to destroy and dispose of the original checks with a high degree of care, including selecting and implementing appropriate destruction and disposal procedures. We recommend that you use a crosscut shredder. You are required to implement such procedures to ensure that the original checks are not accessed by unauthorized persons during the storage, destruction and disposal process and, once destroyed, the original checks are no longer readable or capable of being reconstructed (e.g., through the use of competent shredding equipment). The risk of loss associated with the accidental inclusion of a physical check in the check collection process or with a lost, destroyed, stolen or misplaced check shall be exclusively on the member. You understand and agree that you are responsible for any loss caused by failure to secure and destroy the original check(s).
Check Retention Period. You agree to retain the originals of any check deposited through the Services for seven (7) business days after receiving confirmation of account credit (“Retention Period”). The risk of loss due to the unavailability of the original or copy of a Check for any reason, during the Retention Period, shall be exclusively on the Member. You are fully responsible for destruction of any Checks deposited after the retention period. This risk of loss associated with the accidental inclusion of a physical Check in the Check collection process or with a lost, destroyed, stolen or misplaced Check shall be exclusively on the Member. When you are ready to discard the item, mark it “VOID” and dispose of it in a way that prevents the item from being presented for payment a second time. Image Quality You are responsible for inspecting and verifying the quality of the images associated with Image Items, thus ensuring that the digitized images of the front and back of original Checks are legible for all posting and clearing purposes by Chartway. Images must comply with the following:
Check Retention Period. You agree that You will preserve the originals of all Checks, processed through the Services pursuant to this Agreement for fifteen (15) calendar days after the day of deposit (“Retention Period”). The risk of loss due to the unavailability of the original or copy of a Check for any reason, during the Retention Period, shall be exclusively on the Member. Destruction of Original Checks- You will be fully responsible for the destruction of the Checks. You agree to use commercially reasonable method(s) to destroy original Checks after the required Retention Period has expired. You agree to destroy and dispose of the original Checks with a high degree of care, including selecting and implementing appropriate destruction and disposal procedures. You are required to implement such procedures to ensure that the original Checks are not accessed by unauthorized persons during the storage, destruction and disposal process and, once destroyed, the original Checks are no longer readable or capable of being reconstructed (e.g., through the use of competent shredding equipment). The risk of loss associated with the accidental inclusion of a physical Check in the Check collection process or with a lost, destroyed, stolen or misplaced Check shall be exclusively on the Member.
