Common use of Deposit Records and Receipts Clause in Contracts

Deposit Records and Receipts. We may rely on the account number on any deposit slip or similar record we receive, even if that account number is associated with a name that is different from the name you have provided. It is not the Bank’s responsibility to detect any inconsistency between the account number you provide and the name. If you make a deposit, we may provide a receipt. However, the amount on your deposit receipt is based only on the deposit slip you complete. We may confirm the funds you deposit and, after review, may adjust your account for any errors – including any errors on your deposit slip. If we issue you a Time Deposit (“TD”) receipt and you then decide not to open the TD, or if we issue you a deposit receipt and you then cancel the deposit, the receipt is void and you may not claim those funds.

Appears in 2 contracts

Samples: www.idbny.com, www.idbny.com

AutoNDA by SimpleDocs

Deposit Records and Receipts. We may rely on relyon the account number on any deposit onanydeposit slip or similar record we recordwe receive, even if that account number is associated with a name that is different from the name you have provided. It is not the Bank’s responsibility to detect any inconsistency anyinconsistency between the account number you provide and the name. If you make a deposit, we may provide a receipt. However, the amount on your deposit receipt is based only basedonly on the deposit slip you slipyou complete. We may confirm the funds you deposit and, after review, may adjust your account for any errors – including any includingany errors on your deposit slip. If we issue you a Time Deposit (“TD”) receipt and you xxxxxx then decide not to open the TD, or if we issue you a deposit receipt and you then cancel the deposit, the receipt is void and you may not voidandyou maynot claim those funds.

Appears in 1 contract

Samples: www.idbny.com

AutoNDA by SimpleDocs

Deposit Records and Receipts. We may rely on the account number on any deposit slip or similar record we receive, even if that account number is associated with a name that is different from the name you have provided. It is not the Bank’s responsibility to detect any inconsistency between the account number you provide and the name. If you make a deposit, we may provide a receipt. However, the amount on your deposit receipt is based only on the deposit slip you complete. We may confirm the funds you deposit and, after review, may adjust your account for any errors – including any errors on your deposit slip. If we issue you a Time Deposit (“TD”) receipt and you then decide not to open the TD, or if we issue you a deposit receipt and you then cancel the deposit, the receipt is void and you may not claim those funds.

Appears in 1 contract

Samples: www.idbny.com

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!