Common use of Consumer Electronic Check Representment Clause in Contracts

Consumer Electronic Check Representment. Generally, if You write a Check on a personal Account that is returned unpaid because of insufficient or uncollected funds, the depositor of the Check or the depositor’s bank may resend (“represent”) the Check electronically. That is, the depositor or the depositor’s bank may send Bank an electronic instruction (“electronic represented Check”) to charge Your Account in the amount of the Check.

Consumer Electronic Check Representment. Generally, if You a. Generally If I write a Check on a personal Account account that is returned unpaid because of insufficient or uncollected funds, the depositor of the Check or the depositor’s bank may resend (“represent”) the Check electronically. That is, the depositor or the depositor’s bank may send Bank PNC an electronic instruction (“electronic represented Check”) to charge Your my Account in the amount of the Check.

Consumer Electronic Check Representment. Generally, if You you write a Check on a personal Account that is returned unpaid because of insufficient or uncollected funds, the depositor of the Check or the depositor’s bank may resend (“represent”) the Check electronically. That is, the depositor or the depositor’s bank may send Bank an electronic instruction (“electronic represented Check”) to charge Your your Account in the amount of the Check.