Check Verification. You authorize us to disclose information about funds availability to individuals and firms who represent to us that they have received a check from you in a particular amount. In such a situation, we will tell the caller whether a check in that amount would clear at that time.
Check Verification. We typically process checks on an automated basis, based on the information encoded on the items (the check’s magnetic ink character recognition [MICR] line). This means that we may not visually examine each, or any, of your checks to determine if they are properly completed, signed or endorsed, and we assume no duty to identify and/or return duplicate checks, checks with duplicate serial numbers, mis-encoded items or checks lacking an encoded serial number. We have no duty to review any check that you deposit or cash to determine if it is altered, forged, fraudulent or counterfeit. Although we may review checks from time to time, you understand and agree that reasonable banking and commercial standards do not require us to do so.
Check Verification. Description of Item/Unit of Measure Frequency Fee
Check Verification. You shall not use the Card for the purpose of verifying check cashing history, verifying the funds available in your Bank Account, or for any other purpose, which aids the negotiation of a check if you know that the check will be dishonored when presented for payment. You agree that if any check, drawn or endorsed by you and verified by use of the Card, is purchased by us, or is duly endorsed or assigned to us by the payee or endorsee thereof, and is thereafter dishonored, you will pay the amount of the check to us upon demand. If you refuse to pay the amount of the check to us upon demand, we may
Check Verification. CSG’s Check Verification Service provides service in routing transactions to and from the third party Check Verification Provider. Four levels of service are available:
Level 1: Bank Routing and Account Number Verification Level 2: Negative Account Verification
Check Verification. (Note 3)
1. CSG Level 1 Check Verification Service Transaction Fee (base service level) (per transaction) (Note 1) ******* $******
2. CSG Level 2 Check Verification Service Transaction Fee (optional) (per transaction) (Note 1) ******* $******
3. CSG Level 3 Check Verification Service Transaction Fee (optional) (per transaction) (Note 1) Level 3 Positive Account Verification includes Level 1 Check Verification and Level 2 Check Verification Service and the Transaction Fees are cumulative. ******* $******
4. CSG Level 4 Check Verification Service Transaction Fee up to 500,000 transactions per month (optional) (per transaction) (Note 1) ******* $******
5. CSG Level 4 Check Verification Service Transaction Fee greater than 500,000 transactions per month (optional) (per transaction) (Note 1) ******* $****** 6. Setup and Implementation (Note 2) *** **** $********* 7. Additional Consulting/Custom Development *** ******* *****
Check Verification. 1. Customer desires to use, and CSG agrees to provide, CSG’s Check Verification Service in accordance with the terms of this Amendment.
(a) Schedule C of the Agreement, entitled “Recurring Services,” is amended by adding the following to the list of Services: “Check Verification…………………………………………………..…………………Exhibit C-28 (b) Additionally, Schedule C entitled “Recurring Services,” of the Agreement is further amended by adding thereto the attached Exhibit C-28.
3. Schedule F, Fees, CSG Services, Section III. Payment Procurement, shall be amended to add a new Subsection I. entitled “Check Verification” as follows:
I. Check Verification EXHIBIT 10.22 A
Check Verification. Process - The member is responsible to make sure that each draft item is completed and endorsed correctly. Jordan Credit Union is not responsible for the verification of check deposits via mobile deposit. We will not be held responsible for any mistakes that arise due to Remote Deposit services. We reserve the right to perform an audit on any account and may require documentation in relation to the findings on that account. If the documentation is not provided, restrictions or revocation of the Remote Deposit service may occur. You are responsible for making sure all check images are legible when using the Remote Deposit capture system. We are under no obligation to post a draft image that is unclear, illegible or otherwise damaged in any way.
Check Verification. Description of Item/Unit of Measure Frequency Fee
a) Service Option 1 (per ***********) (Note 1) ******* $******
b) Service Option 2 (per ***********) (Note 2) ******* $******
c) Service Option 3, volumes less than ******* for service option 3 only (per ***********) (Note 3) ******* $******
d) Service Option 3, volumes higher than ******* for service option 3 only (per ***********) (Note 3) ******* $****** e)Setup and Implementation Per ************** *****
Check Verification. You shall not use the CheckCard for the purpose of verifying check cashing history, verifying the funds available in your Bank Account, or for any other purpose, which aids the negotiation of a check if you know that the check will be dishonored when presented for payment. You agree that if any check, drawn or endorsed by you and verified by use of the CheckCard, is purchased by us, or is duly endorsed or assigned to us by the payee
