Deposit Reconciliation Sample Clauses
Deposit Reconciliation. It is our policy to investigate and resolve any deposit discrepancies in the amount of $1.01 and over. Any errors in calculation will result in a debit or credit to the customer, as applicable. Discrepancies in the amount of $1.00 or under will not be investigated and the customer’s listed deposit amount will stand. Exceptions to this rule occur if the difference involves a cash discrepancy, at which time the deposit will be flagged for follow-up by Aspiration for the following business Day.
Deposit Reconciliation. The amount of your deposit is based on your deposit slip or the amount provided to us when the deposit is made. We may verify the accuracy of your deposit amount, but we reserve the right not to do so in every case. If we determine that the deposit amount is incorrect, we may adjust (credit or debit) your Account for any discrepancy, but we reserve the right not to do so if the discrepancy is less than our standard adjustment amount. We may change our standard adjustment amount from time to time without notice to you. In the event we identify a discrepancy and adjust your Account, the adjustment may not occur on the same Business Day. Adjustments will be reflected on your Account statement and we may also notify you separately.
Deposit Reconciliation. Reconciliation of deposits is based on serial numbers placed on the MICR line of a deposit ticket to designate distinctions (such as location) per deposit. At the end of each reconciliation period, Bank will provide reports in standard paper format by mail in accordance with the Service Documentation.
Deposit Reconciliation. With Deposit Reconciliation, if Company has multiple business locations depositing checks to a single account, the Bank will segregate the deposits by location. Company is required to use pre-encoded deposit tickets when making check deposits to the Account. The Bank will report the deposit information by location and in the aggregate within five
Deposit Reconciliation. Reconciliation by lot, by payment type, starting from certified revenue to certified deposits per bank reconciliations. Include list of deposits by lot.
Deposit Reconciliation. Deposit Reconciliation allows the Company to report on deposits made into eligible Accounts enrolled in Deposit Reconciliation based on the location code in the Auxiliary field of Customer provided deposit slips. It is the Customer’s responsibility to procure and utilize deposit slips with location code information to use Deposit Reconciliation via the Service.
Deposit Reconciliation. The amount of your deposit is based on the information provided by you on your deposit slip or the information provided with your deposit. We may verify the accuracy of your deposit amount, but we reserve the right not to do so in every case. If we determine that you deposited an amount that is higher or lower than the amount stated on your deposit slip, we may adjust (credit or debit) your Account for any discrepancy, but we reserve the right not to do so if the discrepancy is less than our standard adjustment amount. We may change our standard adjustment amount from time to time without notice to you. In the event we identify a discrepancy and adjust your Account, the adjustment may not occur on the same Business Day. Adjustments will be reflected on your Account statement and we may also notify you separately.
Deposit Reconciliation. All deposits are subject to verification by the Bank. The amount of your deposit receipt is based on the information provided by you on your deposit slip or the information provided with your deposit. If you deposit an amount that is higher or lower than the amount on your deposit receipt, your deposit may be subject to adjustment and the adjustment may not occur on the same Business Day. Adjustments will be reflected on your Account statement and we may also notify you separately of any adjustment.
Deposit Reconciliation. A listing of deposits posted to your Account during the reporting period based on location specific deposit ticket codes are available to you for viewing or can be downloaded electronically for use in Account reconcilement. Customer Responsibilities
a. Quality Check Assurance. Customer must provide and maintain quality checks for any and all reconciliation services. Customer must submit a sample voided check for verification on Bank’s systems. Rejects due to check quality MAY NOT will be assessed a “Reject Quality Surcharge”. The “Surcharge” will commence 30 days after notification if the quality issue is not completely resolved. Service may be discontinued should these rejects continue for a period of 90 days or more, following notification and fee assessment by Bank.
b. Download/Email Disclaimer. Customer agrees that once Customer has downloaded a check image from Bank’s secured Website, or has been provided a CD/DVD, or after Customer has requested that Bank forward a check image to the Customer, Customer is solely responsible for preserving the confidentiality of any such information retrieved or sent and Customer assumes all risks involved in forwarding the check image to the internet destination or other destination of Customer’s choice.
c. Updated List. For all reconcilement services the Customer is responsible for providing and maintaining an updated list of Customer personnel authorized to make pay/no pay decisions on items to Bank. Information provided on the set up will remain in effect until an appropriate Customer representative otherwise notifies Bank in writing.
Deposit Reconciliation. Company has store or location numbers printed on their deposit slips. The Bank has a table to record the locations by location number. The Bank provides the Customer a report of all deposits sorted by location.