Common use of Deposit Requirements Clause in Contracts

Deposit Requirements. You agree that you will only use the Service to deposit checks payable to you, drawn on financial institutions within the United States, excluding its territories. You are limited to making deposits of up to $3,000 per item and up to $5,000 per day. For checks not falling within this requirement, including but not limited to: checks payable to others or made payable to a business, traveler’s checks, money orders, foreign checks, substitute checks or returned checks, postdated or stale dated checks (more than 6 months old) you must deposit those checks in person, using a night drop facility or by U.S. Mail. You agree that each check you deposit through the Service will meet the image quality standards directed in the application.

Deposit Requirements. You agree that you will only use the Service to deposit checks payable to you, drawn on financial institutions within the United States, excluding its territories. You are limited to making deposits of up to $3,000 3000 per item and up to $5,000 per day. For checks not falling within this requirement, including but not limited to: checks payable to others or made payable to a business, traveler’s checks, money orders, foreign checks, substitute checks or returned checks, postdated or stale dated checks (more than 6 months old) you must deposit those checks in person, using a night drop facility or by U.S. Mail. You agree that each check you deposit through the Service will meet the image quality standards directed in the application.