Cheques. 8.1 Cheques may not be drawn on the Bank except on the forms supplied by us and registered for each Account. Applications for new cheque books should be made on the printed application form or in any other way that we may prescribe or permit from time to time. Any new cheque book(s) may be sent to you at the Bank’s discretion by post (whether by ordinary or registered mail), courier or in any other manner we deem appropriate at your cost and risk (including the risk of disclosure of any information concerning the Account arising thereby).
8.2 We may accept foreign currency cheques for clearing in the manner prevailing for the acceptance of such cheques as we may determine from time to time. Your Account will be credited with the proceeds of such cheques only after the cheque is honoured and the Bank has deducted fees, taxes and charges related to the clearing of the cheques and after converting the amount from the currency of the cheque to the currency of the Account. All adjustments based on exchange rates, bank commission, stamp duty and other charges upon clearance of the cheques and all risks connected with the clearing including but not limited to exchange rate movement shall be for your Account.
8.3 Foreign currency cheques and other financial instruments received for collection will only be credited to your Account after we receive payment of the proceeds.
8.4 Cheques drawn on local banks are only cleared on a designated Clearing Day, which must be a Business Day.
8.5 Cheques drawn on local banks are credited when deposited but cannot be drawn against until the proceeds have been received into the Account. We will debit the Account if such cheques are dishonoured.
8.6 Clauses 8.3, 8.4 and 8.5 shall apply to all cheque deposits placed with us whether over the counter or through any other means.
8.7 You hereby authorize the Bank to debit your Account with any amount that was credited in respect of cheques or other instruments that are subsequently dishonoured or returned unpaid.
8.8 Cheques or financial instruments deposited by you and dishonoured or which cannot be processed by us for any reason may be returned by ordinary mail to your account mailing address at your own risk and expense. You will also be notified by ordinary mail of any returned items, where the original cheque or instrument is in the form of an IRD.
8.9 We may refuse to accept any cheque or financial instrument for deposit. This includes any cheque on which the payee’s name is not ...
Cheques. If we issue you with a book of cheques you agree to: • keep them securely in your possession; • notify us if you lose them, or you know or suspect that your cheques have been stolen, forged, or fraudulently altered; • take reasonable care to safeguard your cheques and to write them in a manner least likely to permit a fraud; and • not to allow anyone to sign cheques on your behalf (other than someone duly authorised under a power of attorney registered with us). You agree that: we shall pay cheques presented to us drawn on your Account that appear, upon reasonable inspection, to bear your signature and appear otherwise to be in order; and provided we have acted with reasonable care, we shall have no liability to you for paying a stolen, forged, or fraudulently altered cheque.
Cheques. ATB Financial may provide cheques or other instruments (collectively “Cheques”) to you, which can be used to draw against the Account. You must ensure that the cheques are kept in a secure location and shall immediately notify ATB Financial if the cheques are lost or stolen. You shall be responsible for establishing your own internal procedures of use of the cheques. We will not be required to verify whether any use of a cheque is in accordance with those procedures. ATB financial reserves the right to refuse to honor any cheque and to discontinue providing cheques at any time. All unused cheques shall be returned to atb financial upon demand. You waive presentment, protest and notice of dishonour on all cheques which you have drawn, made, accepted or endorsed and are which are delivered to ATB Financial for deposit. ATB Financial may charge your Account, even if that creates or increases an overdraft, with any Cheque drawn by you, or any instrument, cheque or item cashed or negotiated by ATB Financial for you or credited or deposited to your Account for which payment is not received by ATB Financial or which is subsequently returned by reason of a forged or unauthorized or missing endorsement, or as being fraudulent or materially altered. ATB Financial may charge your Account for any instrument, cheque or item received by ATB Financial for credit or deposit to your Account even if that instrument, cheque or item is lost, stolen or otherwise disappears by any reason other than ATB Financial’s negligence.
Cheques. (a) Cheques issued by the Trustee that are not presented within six Months, or such lesser period as determined by the Trustee, may be cancelled.
(b) Where a cheque which is cancelled was drawn in favour of a Unit Holder, the Trustee may either:
(i) hold the money for the Unit Holder; or
(ii) pay the money in accordance with the legislation relating to unclaimed money.
Cheques. 10.6.1 After disbursement of the USSD LBF refinanced amount, you must within 7 days submit new cheques as per the new loan schedule, failure to which PCUL will repossess the security/asset and the actual cost of repossession will be incurred by you.
10.6.2 In case of default, the normal collections process as per the terms and conditions of the LBF loan facility shall apply.
Cheques. 18.1 Subject to the terms of this agreement, we will accept payment into your account in cheques which are payable as follows:
(a) partnership (excluding limited liability partnerships): to any of the partners or your trading name;
(b) company or limited liability partnership: to the company or limited partnership or its trading name;
(c) unincorporated association: to its own name.
18.2 The clearing cycle (normally 6 working days) is the time taken for money paid from or into your account to be deducted or added. This section applies to our normal clearing cycles for sterling cash and cheques drawn in sterling or paid into our UK branches. For foreign cheques the clearing cycle may take longer. When you pay a cheque into your account, you will normally have to wait six (6) working days including the day it was paid in, before you can withdraw the money. For example, the proceeds of a cheque paid in on a Monday will normally be available for withdrawal on the next Monday. We may extend this time period if there are actual or potential credit or fraud prevention reasons to do so. When we refer to the day you pay a cheque in to your account, we mean the first day that we deal with and start processing your cheque. If you pay in a cheque after 3:00pm in the afternoon, we will not process your cheque until the following working day. The cheque amount must be included in your cleared balance before you can withdraw the money.
18.3 We treat cheques as being cleared for interest calculation purposes (if applicable) six (6) working days after they have been paid in. Day Cheque Paid In (before 3:00 pm GMT) Day Interest Earned (the following week) Day Funds Available (the following week) Monday Monday Monday Tuesday Tuesday Tuesday Wednesday Wednesday Wednesday Thursday Thursday Thursday Friday Friday Friday
Cheques. Cheque collection in relation to cheques you pay into your account and which are drawn on a foreign bank or in a foreign currency 0.25% of the value of cheque subject to a minimum charge of £10 or a maximum charge of £40 Cheques paid into your account and returned unpaid by the drawer’s bank £7.50 for every cheque returned Special presentation of a cheque £10 per cheque If the cheque was lost or stolen, there is no charge Free Returned payments Refusing a payment due to lack of funds £20 per refused payment plus £15 for the letter advising you of the refused payment Copy of a statement £5 for each statement To provide a reference if you or another bank request this £10 plus VAT per reference If your account becomes overdrawn, we will charge you interest on the overdrawn balance at the rate of 15% per annum above the Bank of England Base Rate (as that rate varies from time to time). Interest will be charged daily and applied monthly until you repay all amounts due to us. Additional Conditions for the Currency Access Account These additional conditions should be read together with the Investec Bank plc Banking Relationship Agreement. If these conditions are inconsistent with the terms set out in the Relationship Agreement, these conditions will apply. Words with capital letters which are not defined in these additional conditions have the meaning given to them in the Relationship Agreement. The Currency Access Account is a Transaction Account.
Cheques. If we provide Cheques, it’s your job to keep them in a safe place. If any Cheques are ever lost or stolen, you must let us know right away by calling us at 0-000-000-0000. Don’t forget that if you use a Cheque to withdraw an amount from the Card Account, it’s a Cash Advance. We cannot stop payment on any Cheque you write. We have the right to refuse to honour any Cheque and to refuse any request to give you Cheques at any time. All unused Cheques must be returned to us when we ask.
Cheques. At your request ATB may provide Cheques to you which can be used to draw against the Card Account. You must ensure that the Cheques are kept in a secure location and shall immediately notify ATB if the Cheques are lost or stolen. Each amount drawn against the Card Account by using a Cheque will be treated as a Cash Advance. A stop payment on a Cheque is not permitted. ATB reserves the right to refuse to honor any Cheque and to refuse any request to provide Cheques at any time. All unused Cheques shall be returned to ATB upon demand.
Cheques. If you are an Accountholder, the following provisions apply in respect of cheques:
(a) Payments from your Account
(i) Cheques issued by you on your Account will normally be received by us two or three Business Days after they are lodged at the recipient’s bank. Such cheques will usually be processed on the day they are received by us. However, if your cheques are presented for payment through a Post Office, funds will be taken from your Account on the day they are received by us;
(ii) Cheques will not normally be returned to you. Cheques issued by you, or copies of the cheques, will normally be held by us for six years following payment. We will provide details of them on request. The charge for this will be detailed in our Brochures;
(iii) If a cheque issued by you is post-dated when presented to us, or if it is more than six months old, or if the money amount in words differs from the amount in figures, we may return the cheque unpaid. However, we do not undertake to do so, and may pay the cheque instead, debiting your account. We may pay either the amount in words or the amount in figures, if they differ;
(iv) If you issue a cheque you can stop payment of it, if it has not already been paid out of your Account You must inform us of the date it was written, the number of the cheque, who it was made payable to and for what amount. This must be confirmed in writing. We will then take the necessary action to comply with your instructions. There is normally a charge for this service;
(v) You are responsible for costs incurred due to incorrectly written cheques. You must exercise care when making out cheques and we will not be liable for any losses arising from alterations which cannot be detected readily. You must ensure that you write cheques carefully, in order to prevent alterations and forgeries;
(vi) Cheques from your euro cheque book should be written in euro only and normally for use within Ireland. A cheque presented for payment from outside of Ireland will take longer to process and may attract higher clearing charges;
(vii) We must be advised as soon as possible if you realise your cheques have been lost or stolen or you think someone has issued one of your cheques without your authority;
(viii) If you draw cheques, authorise or make payments without sufficient money available in the Account from which payment is to be made, allowing for any overdraft limit and for uncleared cheques and other effects, we may return the payments and make a charge fo...
