Common use of Check Security Clause in Contracts

Check Security. Company acknowledges Company is responsible for establishing procedures associated with the safeguarding, retention and storage of Checks received from Clients. Company agrees that the information contained on Client Checks (name, address, phone, bank identification, bank account number, etc.) is sensitive and failure to maintain appropriate safeguards may subject the Company and their Clients to significant liability. Company accepts responsibility for the destruction of Client Checks after sixty (60) days from deposit.

Appears in 4 contracts

Samples: Internet Banking Agreement, Internet Banking Agreement, Internet Banking Agreement

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