Common use of Collection of Items Clause in Contracts

Collection of Items. Even though we may credit your account immediately when you make a deposit, if we agree to accept any item (other than United States currency) for deposit or collection as your collection agent, we assume no responsibility beyond the exercise of due care and we may handle the collection of any such item in accordance with our usual practices. Special instructions for handling an item are effective only if made in a signed writing and given to us along with the item in question. Items and their proceeds may be handled in accordance with applicable Federal Reserve Bank regulations, clearing house association or funds transfer system rules, and contractual arrangements with other financial institutions. All deposited items are provisionally credited to your account subject to final payment and our receipt of proceeds. Without prior notice to you, we may charge back any item to your account (and adjust the interest earned on your account, if any, accordingly) at any time before final payment, whether the item is returned or not (and whether it was deposited or returned by electronic or other means), and we may also charge back any item to your account if, within the normal handling period for such item, the item cannot be honored against the drawer’s account. We are authorized to pursue collection of previously dishonored items and, in so doing, may permit the drawee bank to hold an item beyond the “midnight deadline,” as defined by the Uniform Commercial Code as adopted by the applicable State. If any check or other item deposited in your account is returned to us by the bank on which it was drawn through the Federal Reserve, a clearing house or other normal check return channels, we may accept that return and charge the check or other item back against your account without regard to whether the bank on which the check was drawn returned the check before its midnight deadline, even if doing so results in an overdraft in the account. Furthermore, if, after a check or other item deposited into your account is finally paid, it is returned to us by the bank on which it was drawn because someone has made a claim that the check or other item was altered, forged, unauthorized, or should not have been paid for some other reason, we may debit your account for the amount of the item, even if doing so results in an overdraft in the account.

Collection of Items. Even though we may credit your account immediately when you make a deposit, if we agree to accept any item (other than United States currency) In receiving items for deposit or collection collection, we act as your collection agent, we agent and assume no responsibility beyond the exercise of due care and we may handle the collection of any such item in accordance with our usual practicesordinary care. Special instructions for handling an item are effective only if made in a signed writing and given to us along with the item in question. We will not be liable for default or negligence of our correspondent banks or for loss in transit, and each correspondent bank will only be liable for its own negligence. You are responsible for reconstruction and proof of loss of any items, including checks and other negotiable instruments, included in deposits that are lost or stolen in transit before we have received and accepted the deposit. Further, you agree to fully cooperate and assist in the reconstruction of any items, including checks and other negotiable instruments, included in deposits that are lost or stolen in transit after we have received and accepted the deposit. Items and their proceeds may be handled in accordance with applicable Federal Reserve Bank regulationsregulations and operating circulars, clearing house association Clearing House Association or funds transfer system Funds Transfer System rules, and contractual arrangements with other financial institutions. All deposited items (including those drawn on another account at the Bank) are provisionally credited to your account subject to final payment and our receipt of cash proceeds. If you deposit foreign currency or items that are denominated in a foreign currency into your U.S. Dollar account, the final credit to your U.S. Dollar account will be based on the exchange rate in effect at the time we receive final payment for that item. Without prior notice to you, we may charge back any item to your account (and adjust the interest earned on your account, if any, accordingly) at any time before final payment, whether the item is returned or not (and whether it was deposited or returned by electronic or other means)not, and we may also charge back any item to your account if, within the normal handling period for such item, drawn on us if the item cannot be honored against the drawer’s account. We are authorized to pursue collection of previously dishonored items anditems, and in so doing, doing we may permit the drawee payor bank to hold an item beyond the “midnight deadline,” as defined by . In the Uniform Commercial Code as adopted by event of any conflict between the applicable Stateterms of this Agreement and the terms of any lockbox service description, the terms of such lockbox service description shall govern. If any check or other item deposited in your account is returned to us by the bank on which it was drawn through the Federal Reserve, a clearing house or other normal check return channels, we may accept that return and charge the check or other item back against your account without regard to whether the bank on which the check was drawn returned the check before its midnight deadline, even if doing so results in an overdraft in the account. Furthermore, if, after a check or other item deposited into your account is finally paid, it is returned to us by the bank on which it was drawn because someone has made a claim that the check or other item was altered, forged, forged unauthorized, or should not have been paid for some other reason, we may debit your account for the amount of the item. If you have insufficient funds in your account to cover a returned item, even if doing so results we may overdraw your account in accordance with this Agreement in an overdraft amount equal to such check or other item. You agree to reimburse us for any costs or expenses we incur in connection with any such claim (including, without limitation, attorneys’ reasonable fees and court costs) and agree that we may impose service fees against your account for processing any such claim as reflected in the schedule of fees upon which you and we have mutually agreed in writing. The foregoing sentence shall only apply to claims which you in good faith agree are valid, or in which the bank on which the check is drawn, any collecting or intermediary bank, the drawer, any holder, or the payee is the prevailing party in a litigation or arbitration and the time for appeal, if any, has expired. At your request, we agree that we will attempt to dispute by reasonably available means any return items or warranty claims against us on account of items deposited or credited to your account; provided we shall not be liable to you for our failure to dispute such return item or warranty claim unless such failure directly causes a loss to you. Further, our obligation to dispute any return items or warranty claims shall be limited to taking actions specifically authorized by regulations or clearing house rules (such as returning an item “without entry”) and we shall have no obligation to file any lawsuit or take any action which we deem to be unreasonable or impractical.

Collection of Items. Even though we may credit your account immediately when you make a deposit, if we agree to accept any item (other than United States currency) for deposit or collection as your collection agent, we assume no responsibility beyond the exercise of due ordinary care and we may handle the collection of any such item in accordance with our usual practices. Special instructions for handling an item are effective only if made in a signed writing and given to us along with the item in question. Items and their proceeds may be handled in accordance with applicable Federal Reserve Bank regulations, clearing house association or funds transfer system rules, and contractual arrangements with other financial institutions. All deposited items are provisionally credited to your account subject to final payment and our receipt of proceeds. Without prior notice to you, we may charge back any item to your account (and adjust the interest earned on your account, if any, accordingly) at any time before final payment, whether the item is returned or not (and whether it was deposited or returned by electronic or other means), and we may also charge back any item to your account if, within the normal handling period for such item, the item cannot be honored against the drawer’s account. We are authorized to pursue collection of previously dishonored items and, in so doing, may permit the drawee bank to hold an item beyond the “midnight deadline,” as defined by the Uniform Commercial Code as adopted by the applicable Statestate. If any check or other item deposited in your account is returned to us by the bank on which it was drawn through the Federal Reserve, a clearing house or other normal check return channels, we may accept that return and charge the check or other item back against your account without regard to whether the bank on which the check was drawn returned the check before its midnight deadline, even if doing so results in an overdraft in the account. Furthermore, if, after a check or other item deposited into your account is finally paid, it is returned to us by the bank on which it was drawn because someone has made a claim that the check or other item was altered, forged, unauthorized, unauthorized or should not have been paid for some other reason, we may debit your account for the amount of the item, even if doing so results in an overdraft in the account.

Collection of Items. Even though We act only as your agent and we may credit your account immediately when you make a deposit, if we agree to accept any item (other than United States currency) are not responsible for handling items for deposit or collection as your collection agent, we assume no responsibility beyond the exercise of due care ordinary care. We are not liable for the negligence of anyone outside of our control or for loss in transit, and we may handle the collection of any such item in accordance with our usual practices. Special instructions for each person handling an item are effective only if made in a signed writing and given to us along with the item in questionwill only be liable for its own negligence. We may send any item for collection. Items and their proceeds may be drawn on an institution located outside the United States are handled in accordance with applicable Federal Reserve Bank regulationson a collection basis only. You waive any notice of nonpayment, clearing house association dishonor, or funds transfer system rules, and contractual arrangements with other financial institutions. All deposited protest regarding items are provisionally credited we purchase or receive for credit or collection to your account subject to final payment and our receipt of proceeds. Without prior notice to you, we may charge back any item to your account (and adjust the interest earned on your account, if any, accordingly) at any time before final payment, whether the item is returned or not (and whether it was deposited or returned by electronic or other means), and we may also charge back any item to your account if, within the normal handling period for such item, the item cannot be honored against the drawer’s account. We are authorized reserve the right to pursue collection of previously dishonored items andat any time, in so doingincluding giving a payor financial institution extra time beyond any midnight deadline limits. You will agree to sign as your signature appears on the Membership Application/Signature Card when executing documents and drawing checks or other items. We may accept transfers or checks for deposit into any of your accounts if they are made payable to, may permit or to the drawee bank order of, one (1) or more account owners, even if they are not endorsed by all payees. You authorize us to hold an item beyond the “midnight deadline,” as defined by the Uniform Commercial Code as adopted by the applicable Statesupply missing endorsements of any owners if we choose. If any a check or other item deposited in your account that is returned payable to us by the bank on which two (2) or more persons is ambiguous as to whether it was drawn through the Federal Reserve, a clearing house is payable to either or other normal check return channelsboth, we may accept that return and charge process the check or item as though it is payable to either person. If an insurance, government, or other item back against check requires an endorsement, we may require endorsement as set forth on the item. Any loss we incur from a delay or processing error resulting from an irregular endorsement or other markings by you, or any prior endorser, will be your responsibility. We will not be liable if, in good faith, we believe your signature is not genuine, and we will refuse to honor any instruction or to pay any check drawn on your account. We may also refuse to honor any check that is not on a form acceptable to us. You authorize us to honor transactions initiated by a third person to whom you have given your account without regard to whether the bank on which the check was drawn returned the check before its midnight deadlineinformation, even if doing so results you do not authorize a particular transaction. Some checks contain restrictive endorsements, restrictive legends or similar limitations on the item. Examples of restrictive endorsements include “For Deposit Only.” Examples of restrictive legends include “Two Signatures Required,” “Void After 60 Days,” and “Not Valid over $500.00.” We are not liable for payment of any check contrary to a restrictive legend, restrictive endorsement or other limitation contained in or on the item. Withdrawals and transfers have to be by written paper or such other means as approved by Wings. We will subtract withdrawals from collected funds first. We may at any time refuse any withdrawal request against uncollected funds, even if our general practice is to the contrary. We reserve the right to refuse any withdrawal or transfer request which is for an overdraft in amount less than any minimum withdrawal or which exceeds any frequency limitation. Repeated abuse of the stated limitations (if any) may force us to close the account. Furthermore, if, after a check or other item deposited into your account We will use the date the transaction is finally paid, it is returned completed by us (as opposed to us by the bank on which it was drawn because someone has made a claim that the check or other item was altered, forged, unauthorized, or should not have been paid for some other reason, we may debit your account for the amount of the item, even if doing so results in an overdraft in the accountday you initiate it) to apply any frequency limitations.

Collection of Items. Even though we may credit your account immediately when you make a When receiving items for deposit, if we agree to accept any item (other than United States currency) for deposit or collection act as your collection agent, we agent and assume no responsibility beyond the exercise of due care and we may handle the collection of any such item in accordance with our usual practicesordinary care. Special instructions for handling an item are effective only if made in a signed writing and given to us along with the item in question. We will not be liable for default or negligence of our correspondent banks or loss in transit and each correspondent bank will only be liable for its own negligence. You are responsible for reconstruction and proof of loss of any items, including checks and other negotiable instruments, included in deposits which are lost or stolen in transit before we have received and accepted the deposit. Further, you agree to fully cooperate and assist in the reconstruction and proof of loss of any items, including checks and other negotiable instruments, included in deposits that are lost or stolen in transit after we have received and accepted the deposit. Items and their proceeds may be handled in accordance with applicable Federal Reserve Bank regulationsregulations and operating circulars, clearing house association Clearinghouse Association or funds transfer system rules, Funds Transfer Systems rules and contractual arrangements with other financial institutions. All deposited items (including those drawn on another account at the Credit Union) are provisionally credited to your account subject to final payment and our receipt of proceeds. Without prior notice to you, we may charge back any item to your account (and adjust the interest earned drawn on your account, us if any, accordingly) at any time before final payment, whether the item is returned or not (and whether it was deposited or returned by electronic or other means), and we may also charge back any item to your account if, within the normal handling period for such item, the item cannot be honored against the drawer’s account. If you have insufficient funds in your account to cover a returned item, we may overdraw your account in accordance with this Agreement. We are authorized to pursue collection of previously dishonored items anditems, and in so doing, we may permit the drawee payer bank to hold an item beyond the “midnight deadline,” as defined by the Uniform Commercial Code as adopted by the applicable State. At our discretion, you authorize us to convert any checks that you deposit into your account and that are returned for uncollected or insufficient funds to an electronic transaction. If any check or other item deposited in your account is returned to us by the bank on which it was drawn through the Federal Reserve, a clearing house clearinghouse or other normal check return channels, we may accept that return and charge the check or other item back against your account without regard to whether the bank on which the check was drawn returned the check before its midnight deadline, even if doing so results in an overdraft in the account. Furthermore, if, after a check or other item deposited into your account is finally paid, it is returned to us by the bank on which it was is drawn because someone has made a claim that the check or other item was altered, forged, unauthorized, unauthorized or should not have been paid for some other reason, we may debit your account for the amount of the item. If you have insufficient funds in your account to cover a returned item, even if doing so results we may overdraw your account in accordance with this Agreement in an overdraft amount equal to such check or other item. You agree to reimburse us for any cost or expenses we incur in the accountconnection with any such claim (including, without limitation, attorney’s reasonable fees and court costs) and agree that we may impose service fees against your account for processing any such claim as reflected in our Rate and Fee Schedule from time to time.

Collection of Items. Even though we may credit your account immediately when you make a When receiving items for deposit, if we agree to accept any item (other than United States currency) for deposit or collection act as your collection agent, we agent and assume no responsibility beyond the exercise of due care and we may handle the collection of any such item in accordance with our usual practicesordinary care. Special instructions for handling an item are effective only if made in a signed writing and given to us along with the item in question. We will not be liable for default or negligence of our correspondent banks or loss in transit and each correspondent bank will only be liable for its own negligence. You are responsible for reconstruction and proof of loss of any items, including checks and other negotiable instruments, included in deposits which are lost or stolen in transit before we have received and accepted the deposit. Further, you agree to fully cooperate and assist in the reconstruction and proof of loss of any items, including checks and other negotiable instruments, included in deposits that are lost or stolen in transit after we have received and accepted the deposit. Items and their proceeds may be handled in accordance with applicable Federal Reserve Bank regulationsregulations and operating circulars, clearing house association Clearinghouse Association or funds transfer system rules, Funds Transfer Systems rules and contractual arrangements with other financial institutions. All deposited items (including those drawn on another account at the Credit Union) are provisionally credited to your account subject to final payment and our receipt of proceeds. Without prior notice to you, we may charge back any item to your account (and adjust the interest earned drawn on your account, us if any, accordingly) at any time before final payment, whether the item is returned or not (and whether it was deposited or returned by electronic or other means), and we may also charge back any item to your account if, within the normal handling period for such item, the item cannot be honored against the drawer’s account. If you have insufficient funds in your account to cover a returned item, we may overdraw your account in accordance with this Agreement. We are authorized to pursue collection of previously dishonored items anditems, and in so doing, we may permit the drawee payer bank to hold an item beyond the “midnight deadline,” as defined by the Uniform Commercial Code as adopted by the applicable State. At our discretion, you authorize us to convert any checks that you deposit into your account and that are returned for uncollected or insufficient funds to an electronic transaction. If any check or other item deposited in your account is returned to us by the bank on which it was drawn through the Federal Reserve, a clearing house clearinghouse or other normal check return channels, we may accept that return and charge the check or other item back against your account without regard to whether the bank on which the check was drawn returned the check before its midnight deadline, even if doing so results in an overdraft in the account. Furthermore, if, after a check or other item deposited into your account is finally paid, it is returned to us by the bank on which it was is drawn because someone has made a claim that the check or other item was altered, forged, unauthorized, unauthorized or should not have been paid for some other reason, we may debit your account for the amount of the item. If you have insufficient funds in your account to cover a returned item, even if doing so results we may overdraw your account in accordance with this Agreement in an overdraft amount equal to such check or other item. You agree to reimburse us for any cost or expenses we incur in the accountconnection with any such claim (including, without limitation, attorneys’ reasonable fees and court costs) and agree that we may impose service fees against your account for processing any such claim as reflected in our Rate & Fee Schedule from time to time.

Collection of Items. Even though we may credit your account immediately when you make a deposit, if we agree to accept any item (other than United States currency) for deposit or collection collec- tion as your collection agent, we assume no responsibility beyond the exercise of due care and we may handle the collection of any such item in accordance with our usual practices. Special instructions for handling an item are effective only if made in a signed writing and given to us along with the item in question. Items and their proceeds may be handled in accordance with applicable Federal Reserve Bank regulations, clearing house association or funds transfer system rules, and contractual arrangements arrange- ments with other financial institutions. All deposited items are provisionally credited to your account subject to final payment and our receipt of proceedspro- ceeds. Without prior notice to you, we may charge back any item to your account (and adjust the interest earned on your account, if any, accordingly) at any time before final payment, whether the item is returned or not (and whether it was deposited or returned by electronic or other means), and we may also charge back any item to your account if, within the normal handling period for such item, the item cannot be honored against the drawer’s account. We are authorized to pursue collection of previously pre- viously dishonored items and, in so doing, may permit the drawee bank to hold an item beyond the “midnight deadline,” as defined by the Uniform Commercial Code as adopted by the applicable State. If any check or other item deposited in your account is returned to us by the bank on which it was drawn through the Federal Reserve, a clearing house or other normal check return channels, we may accept that return and charge the check or other item back against your account without regard to whether the bank on which the check was drawn returned the check before its midnight deadline, even if doing so results in an overdraft in the account. Furthermore, if, after a check or other item deposited into your account is finally paid, it is returned to us by the bank on which it was drawn because someone some- one has made a claim that the check or other item was altered, forged, unauthorized, or should not have been paid for some other reason, we may debit your account for the amount of the item, even if doing so results in an overdraft in the account.

Collection of Items. Even though we may credit your account immediately when you make a deposit, if we agree to accept any item (other than United States currency) In receiving items for deposit or collection collection, we act as your collection agent, we agent and assume no responsibility beyond the exercise of due care and we may handle the collection of any such item in accordance with our usual practicesordinary care. Special instructions for handling an item are effective only if made in a signed writing and given to us along with the item in question. We will not be liable for default or negligence of our correspondent banks or for loss in transit, and each correspondent bank will only be liable for its own negligence. You are responsible for reconstruction and proof of loss of any items, including checks and other negotiable instruments, included in deposits that are lost or stolen in transit before we have received and accepted the deposit. Further, you agree to fully cooperate and assist in the reconstruction of any items, including checks and other negotiable instruments, included in deposits that are lost or stolen in transit after we have received and accepted the deposit. Items and their proceeds may be handled in accordance with applicable Federal Reserve Bank regulationsregulations and operating circulars, clearing house association Clearing House Association or funds transfer system Funds Transfer System rules, and contractual arrangements with other financial institutions. All deposited items (including those drawn on another account at the Bank) are provisionally credited to your account subject to final payment and our receipt of cash proceeds. If you deposit foreign currency or items that are denominated in a foreign currency into your U.S. Dollar account, the final credit to your U.S. Dollar account will be based on the exchange rate in effect at the time we receive final payment for that item. Without prior notice to you, we may charge back any item to your account (and adjust the interest earned on your account, if any, accordingly) at any time before final payment, whether the item is returned or not (and whether it was deposited or returned by electronic or other means)not, and we may also charge back any item to your account if, within the normal handling period for such item, drawn on us if the item cannot be honored against the drawer’s 's account. We are authorized to pursue collection of previously dishonored items anditems, and in so doing, doing we may permit the drawee payor bank to hold an item beyond the “midnight deadline,” as defined by . In the Uniform Commercial Code as adopted by event of any conflict between the applicable Stateterms of this Agreement and the terms of any lockbox service description, the terms of such lockbox service description shall govern. If any check or other item deposited in your account is returned to us by the bank on which it was drawn through the Federal Reserve, a clearing house or other normal check return channels, we may accept that return and charge the check or other item back against your account without regard to whether the bank on which the check was drawn returned the check before its midnight deadline, even if doing so results in an overdraft in the account. Furthermore, if, after a check or other item deposited into your account is finally paid, it is returned to us by the bank on which it was drawn because someone has made a claim that the check or other item was altered, forged, forged unauthorized, or should not have been paid for some other reason, we may debit your account for the amount of the item. If you have insufficient funds in your account to cover a returned item, even if doing so results we may overdraw your account in accordance with this Agreement in an overdraft amount equal to such check or other item. You agree to reimburse us for any costs or expenses we incur in connection with any such claim (including, without limitation, attorneys' reasonable fees and court costs) and agree that we may impose service fees against your account for processing any such claim as reflected in the schedule of fees upon which you and we have mutually agreed in writing. The foregoing sentence shall only apply to claims which you in good faith agree are valid, or in which the bank on which the check is drawn, any collecting or intermediary bank, the drawer, any holder, or the payee is the prevailing party in a litigation or arbitration and the time for appeal, if any, has expired. At your request, we agree that we will attempt to dispute by reasonably available means any return items or warranty claims against us on account of items deposited or credited to your account; provided we shall not be liable to you for our failure to dispute such return item or warranty claim unless such failure directly causes a loss to you. Further, our obligation to dispute any return items or warranty claims shall be limited to taking actions specifically authorized by regulations or clearing house rules (such as returning an item "without entry") and we shall have no obligation to file any lawsuit or take any action which we deem to be unreasonable or impractical.

Collection of Items. Even though We act only as your agent and we may credit your account immediately when you make a deposit, if we agree to accept any item (other than United States currency) are not responsible for handling items for deposit or collection as your collection agent, we assume no responsibility beyond the exercise of due care and ordinary care. Deposits made by mail or at unstaffed facilities are not our responsibility until we may handle receive them. We are not liable for the collection negligence of any such correspondent or for loss in transit, and each correspondent will only be liable for its own negligence. We may send any item in accordance with our usual practices. Special instructions for handling an item are effective only if made in a signed writing and given to us along with the item in questioncollection. Items and their proceeds drawn on an institution located outside the United States are handled on a collection basis only. You waive any notice of nonpayment, dishonor, or protest regarding items we purchase or receive for credit or collection to your account. DEPOSITS AND FINAL PAYMENT. Even though funds may be handled in accordance with applicable Federal Reserve Bank regulationsmade available at an earlier time, clearing house association or funds transfer system rulesany items, other than cash, accepted for deposit (including items drawn “on us” and contractual arrangements with other financial institutionsAutomated Clearing House [ACH] transfers) will be given provisional credit only until collection is final. All deposited items are provisionally credited to your account subject to If final payment and our receipt of proceeds. Without prior notice to youis not received, we may charge back your account for the amount of such items or ACH transfers and impose a return item charge on your account. Any collection fees we incur may be charged to your account. We reserve the right to refuse or return any item or funds transfer. We are not responsible for transactions initiated by mail or outside depository until we actually record them. If any item is returned to us for any reason or at any time, you authorize us to charge that item back to your account (and adjust refund the interest earned on amount of the item to the payor financial institution and you waive any requirement that we give you notice of the return. In the case of a deposit made electronically into your account, if anywe receive a request by an originating financial institution to cancel, accordingly) amend, or recall the deposit for any reason or at any time before final paymenttime, whether you authorize us to charge the item is returned or not (and whether it was deposited or returned by electronic or other means), and we may also charge amount of that deposit back any item to your account if, within and refund the normal handling period for such item, amount of the item cannot be honored against deposit to the drawer’s accountoriginating financial institution. We are authorized reserve the right to pursue collection of previously dishonored items andat any time, including giving a payor financial institution extra time beyond any midnight deadline limits. WITHDRAWAL RESTRICTIONS. We permit withdrawals only if your account has sufficient available funds to cover the full amount of the withdrawal or you have an established overdraft protection plan. Drafts or other transfer or payment orders which are drawn against insufficient funds may be subject to a service charge set forth in so doing, may permit the drawee bank to hold an item beyond the “midnight deadline,” as defined by the Uniform Commercial Code as adopted by the applicable StateRate and Fee Schedule. If any check or other item deposited in there are sufficient funds to cover some, but not all, of your account is returned to us by the bank on which it was drawn through the Federal Reserve, a clearing house or other normal check return channelswithdrawal, we may accept that return allow those withdrawals for which there are sufficient funds in any order at our discretion. We may refuse to allow a withdrawal in some situations, and charge will advise you accordingly, for example: (1) a dispute between account owners (unless a court has allowed the check Credit Union to allow the withdrawal); (2) a legal garnishment or other item back against your attachment is served, (3) the account without regard secures any obligation to whether the bank us; (4) required documentation has not been presented; (5) you fail to repay a Credit Union loan on which the check was drawn returned the check time. We may require you to give written notice of seven (7) days to sixty (60) days before its midnight deadline, even if doing so results in an overdraft in the account. Furthermore, if, after a check or other item deposited into your account is finally paid, it is returned to us by the bank on which it was drawn because someone has made a claim that the check or other item was altered, forged, unauthorized, or should not have been paid for some other reason, we may debit your account for the amount of the item, even if doing so results in an overdraft in the accountany intended withdrawals.