Checks Covered by Service. This Service applies to checks that are presented for payment to us through normal interbank clearings. It does not cover items that are presented in any other manner (e.g., “on-us items,” items presented at a teller window, through an ATM, or by mail).
Checks Covered by Service. This Service applies to presented checks that are presented for payment to us through normal interbank clearings. It is not designed to compare Customer’s Positive Pay File against items that are presented in any other manner (e.g., at a teller window, through an automated teller machine, or by mail). At the Bank’s sole discretion, it may attempt to compare Customer’s Positive Pay File with such items; however, the Bank will not be liable for any failure or refusal to do so. The Bank assumes no duty to compare under paragraph 29.a.i., or otherwise to identify and/or return, checks not able to be processed on an automated basis, duplicate checks, checks with duplicate serial numbers, misencoded items, or checks lacking an encoded serial number. We may pay stale- dated and post-dated checks unless Customer submits timely a stop payment order or notice of post dating for such items.
Checks Covered by Service. This Service applies to Checks that are presented for payment to Bank through normal inter-bank clearings. It is not designed to compare Client’s list of issued Checks against Checks that are presented in any other manner (e.g. at a teller window, through an automated teller machine, or by mail). At Bank’s sole discretion, Bank may attempt to compare Client’s list with such Checks, however, Bank will not be liable for failure or refusal to do so.
Checks Covered by Service. This Service applies to checks that are presented for payment through normal interbank clearing and posted to your account each night. It is not designed to compare your list of issued checks against ACH items or items that have been converted to automated clearinghouse transactions (i.e. RCK, POP, BOC etc.). The Service does not apply to items that have already been presented or finally paid before the effective date of any listing. We will not be obligated to verify signatures on any checks that match the information you provide or that you fail to reject. You understand and agree that we may compare your information on approved checks with information that is encoded on the items presented to us for payment. We will not be required to physically examine matching checks to confirm that they are properly signed, completed and encoded. You agree that we may rely on the process described above and that it will be deemed an acceptable standard of care for this Service and your account. You understand that the Service may not identify counterfeit or duplicate checks which contain the same check serial number and amount as the items described in your Check Issue File. As such, you agree to review promptly all statements, returned checks, reports and other check and transaction information that we make available to you.
Checks Covered by Service. The Positive Pay Service applies only to checks issued by the Company from the Eligible Accounts specifically designated for the Positive Pay service. The Company must provide, and keep up to date, a list (Issued File) of checks issued by the Company on the Positive Pay System, including the check number, issue date and the exact amount. Checks presented prior to being uploaded into the Positive Pay System will be treated as Exception Items if presented for payment before they are posted on the Positive Pay System. * See Item 10 - Violations
Checks Covered by Service. The Service applies to Checks that are presented for payment to Bank through normal inter-bank clearings.
