Common use of Deposit of Check Images Clause in Contracts

Deposit of Check Images. (i) You are responsible for determining whether an original check is eligible for deposit as a check image in accordance with this Agreement and the Documentation. Without limiting the foregoing, you shall not deposit (x) a check image created from any check or item that is not eligible for conversion to a Substitute Check, including but not limited to non-US dollar denominated checks, checks drawn on foreign banks, forward or return items in carrier documents, or photocopies in lieu or mutilated items, or (y) an electronically created image that did not actually originate from a paper item.