Common use of Deposited Items Returned Clause in Contracts

Deposited Items Returned. If final payment is not received on any item you deposited to your account, or if any direct deposit, ACH deposit or electronic fund transfer to your account is returned to us for any reason, you agree to pay us the amount of the returned item(s). We may charge any account of which you are an owner, or re-present any item you deposit with us that is returned to us unpaid without prior notice to you. We may adjust any accrued interest on your account, and we may charge a fee for returned deposited items in accordance with our Schedule of Fees. You authorize us to attempt collection of previously returned items you deposited. In our attempts to collect these items, you agree that we may allow the payor bank (the bank on which the item is drawn) to hold the item beyond its midnight deadline. If an item you deposit is returned unpaid, you waive the requirement for notice of this return. If a claim is made on any item subsequent to final payment on the grounds that the item was altered, bears a forged or unauthorized endorsement, or was not otherwise properly payable, we may withhold credit for the item from your account until final determination of the claim. In addition, we will not be liable for a check, draft or other item you deposit that has been forged or altered in such a way that a reasonable person could not discover the forgery. The Bank may return or refuse to accept all or any part of a deposit or credit to an account at any time, and will not be liable to you for doing so, even if such action causes outstanding items to be dishonored and returned, or payment orders to be rejected. Refused deposits will be returned to you.

Deposited Items Returned. If final payment is not received on any item you deposited to your accountBank Account, or if any direct deposit, ACH deposit or electronic fund transfer Electronic Fund Transfer to your account Bank Account is returned to us for any reason, you agree to pay us the amount of the returned item(s)return. We may charge any account of which you are an owner, owner or re-present any item you deposit with us that is returned to us unpaid without prior notice to you. We may adjust any accrued interest on your account, and we may charge a fee for returned deposited items in accordance with our Schedule of FeesFees below. You authorize us to attempt collection of previously returned items that you deposited. In our attempts to collect these items, you agree that we may allow the payor bank (the bank on which the item is drawn) to hold the item beyond its midnight deadline. If an item you deposit is returned unpaid, you waive the requirement for notice of this return. If a claim is made on any item subsequent to final payment on the grounds that the item was altered, bears a forged or unauthorized endorsement, or was not otherwise properly payable, we may withhold credit for the item from your account Bank Account until final determination of the claim. In addition, we will not be liable for a check, draft or other item that you deposit that has been forged or altered in such a way that a reasonable person could not discover the forgery. The Bank may return or refuse to accept all or any part of a deposit or credit to an account at any time, and will not be liable to you for doing so, even if such action causes outstanding items to be dishonored and returned, or payment orders to be rejected. Refused deposits will be returned to you.

Deposited Items Returned. If final payment is not received on any item you deposited to your accountBank Account, or if any direct deposit, ACH deposit or electronic fund transfer Electronic Fund Transfer to your account Bank Account is returned to us for any reason, you agree to pay us the amount of the returned item(s)return. We may charge any account of which you are an owner, owner or re-present any item you deposit with us that is returned to us unpaid without prior notice to you. We may adjust any accrued interest on your account, and we may charge a fee for returned deposited items in accordance with our Schedule of FeesFees below. You authorize us to attempt collection of previously returned items that you deposited. In our attempts to collect these items, you agree that we may allow the payor bank (the bank on which the item is drawn) to hold the item beyond its midnight deadline. If an item you deposit is returned unpaid, you waive the requirement for notice of this return. If a claim is made on any item subsequent to final payment on the grounds that the item was altered, bears a forged or unauthorized endorsement, or was not otherwise properly payable, we may withhold credit for the item from your account Bank Account until final determination of the claim. In addition, we will not be liable for a check, draft or other item that you deposit that has been forged or altered in such a way that a reasonable person could not discover the forgery. FUNDS AVAILABILITY POLICY Information contained in this section is to assist you in understanding our Funds Availability Policy. The Bank may return does not accept in-person or refuse to accept all or any part of a deposit or credit to an account at any time, and will not be liable to you for doing so, even if such action causes outstanding items to be dishonored and returned, or payment orders to be rejected. Refused deposits will be returned to youmailed deposits.

Deposited Items Returned. If final payment is not received on any item you deposited to your account, or if any direct deposit, ACH deposit or electronic fund transfer Electronic Fund Transfer to your account is returned to us for any reason, you agree to pay us the amount of the returned item(s)return. We may charge any account of which you are an owner, or re-present any item you deposit with us that is returned to us unpaid without prior notice to you. We may adjust any accrued interest on your account, and we may charge a fee for returned deposited items in accordance with our Schedule of Fees. You authorize us to attempt collection of previously returned items that you deposited. In our attempts to collect these items, you agree that we may allow the payor bank (the bank on which the item is drawn) to hold the item beyond its midnight deadline. If an item you deposit is returned unpaid, you waive the requirement for notice of this return. If a claim is made on any item subsequent to final payment on the grounds that the item was altered, bears a forged or unauthorized endorsement, or was not otherwise properly payable, we may withhold credit for the item from your account until final determination of the claim. In addition, we will not be liable for a check, draft or other item that you deposit that has been forged or altered in such a way that a reasonable person could not discover the forgery. The Bank may return or refuse to accept all or any part of a deposit or credit to an account at any time, and will not be liable to you for doing so, even if such action causes outstanding items to be dishonored and returned, or payment orders to be rejected. Refused deposits will be returned to you.

Deposited Items Returned. If final payment is not received on any item you deposited to your accountAccount, or if any direct deposit, ACH deposit deposit, or electronic fund transfer Electronic Fund Transfer to your account Account is returned to us for any reason, you agree to pay us the amount of the returned item(s)return and we may set off against your Account balance. We may charge any account Account of which you are an owner, owner or re-present any item you deposit with us that is returned to us unpaid without prior notice to you. We may adjust any accrued interest on your account, and we may charge a fee for returned deposited items in accordance with our Schedule of Fees. You authorize us to attempt a collection of previously returned items that you deposited. In our attempts to collect these items, you agree that we may allow the payor bank (the bank on which the item is drawn) to hold the item beyond its midnight deadline. If an item you deposit is returned unpaid, you waive the requirement for notice of this return. If a claim is made on any item subsequent to final payment on the grounds that the item was altered, bears a forged or unauthorized endorsement, or was not otherwise properly payable, we may withhold credit for the item from your account Account until final determination of the claim. In addition, we will not be liable for a check, draft draft, or other item that you deposit that has been forged or altered in such a way that a reasonable person could not discover the forgery. The Bank Funds Availability Policy This policy statement applies to all deposit accounts. Your Ability to Withdraw Funds – Your ability to withdraw funds that you have deposited to your Account will be determined by this policy. This policy may return or refuse be amended upon notice to accept you as required by law. This policy governs deposits into all or deposit accounts with BFF Prime held at Bangor Savings Bank. Our policy is to delay the availability of funds that you deposit in your account except for those that require same day availability – see below. During the delay, you may not withdraw the funds in cash, you may not be able to use your BFF Prime Debit Mastercard® for purchases, and we may not use the funds to pay checks that you have written. Please remember that even after we have made funds available to you and you have withdrawn the funds, you are still responsible for checks you deposit that are returned to us unpaid and for any part other problems involving your deposit. Certain deposit and withdrawal features described in this Funds Availability Policy may not be available on all Accounts. Business Days – Our business days are Monday through Friday. Holidays are not included. Determining the Availability of a Deposit – The length of the delay is counted in business days from the day of your deposit. If you make a deposit on a business day that we are open, we will consider that day to be the business day of your deposit. However, if you make a deposit on a business day we are not open for reasons outside of our control, such as an interruption or credit communications or computer or other equipment facilities; a suspension of payments by another bank; a war; or an emergency condition beyond the control of the Bank, we will consider that the deposit was made on the next business day we are open. The length of the delay in availability varies depending on the type of deposit as explained below. Electronic payments are available one business day after the bank receives (1) payment in actuality and finally collected funds; and (2) information on the account and amount to be credited. **NOTE: In an ACH debit transfer, the originator orders another account at any timeto be debited and the originator’s account to be credited. ACH debit transfers are not electronic payments under Regulation CC; therefore, they are not subject to this Funds Availability Policy, and will not availability may be liable to you delayed for doing soa reasonable time. Same Day Availability – Funds from the following deposits are available for the payment of checks, even if BFF Prime Debit Mastercard® purchases and for cash withdrawal on the same business day we receive the deposit: ● Electronic direct deposit payments, such action causes outstanding items to be dishonored as Social Security benefits and returned, or payment orders to be rejectedautomatic payroll deposits. Refused deposits will be returned to you● Funds from wire transfers.

Deposited Items Returned. If final payment is not received on any item you deposited to your account, or if any direct deposit, ACH deposit deposit, or electronic fund transfer to your account is returned to us for any reason, you agree to pay us the amount of the returned item(s). We may charge any Bank account of which you are an owner, owner or re-present any item you deposit with us that is returned to us unpaid without prior notice to you. We may adjust any accrued interest on your account, and we may charge a fee for returned deposited items in accordance with our Schedule of Fees. You authorize us to attempt collection of previously returned items you deposited. In our attempts to collect these items, you agree that we may allow the payor bank (the bank on which the item is drawn) to hold the item beyond its midnight deadline. If an item you deposit is returned unpaid, you waive the requirement for notice of this return. If a claim is made on any item subsequent to final payment on the grounds that the item was altered, bears a forged or unauthorized endorsement, or was not otherwise properly payable, we may withhold credit for the item from your account until final determination of the claim. In addition, we will not be liable for a check, draft draft, or other item you deposit that has been forged or altered in such a way that a reasonable person could not discover the forgery. The Bank may return or refuse to accept all or any part of a deposit or credit to an account at any time, time and will not be liable to you for doing so, even if such action causes outstanding items to be dishonored and returned, or payment orders to be rejected. Refused deposits will be returned to you.

Deposited Items Returned. If final payment is not received on any item you deposited to your accountAccount, or if any direct deposit, ACH deposit or electronic fund transfer Electronic Fund Transfer to your account Account is returned to us for any reason, you agree to pay us the amount of the returned item(s)return. We may charge any account Account of which you are an owner, owner or re-present any item you deposit with us that is returned to us unpaid without prior notice to you. We may adjust any accrued interest on your account, and we may charge a fee for returned deposited items in accordance with our Schedule of Fees. You authorize us to attempt a collection of previously returned items that you deposited. In our attempts to collect these items, you agree that we may allow the payor bank (the bank on which the item is drawn) to hold the item beyond its midnight deadline. If an item you deposit is returned unpaid, you waive the requirement for notice of this return. If a claim is made on any item subsequent to final payment on the grounds that the item was altered, bears a forged or unauthorized endorsement, or was not otherwise properly payable, we may withhold credit for the item from your account Account until final determination of the claim. In addition, we will not be liable for a check, draft draft, or other item that you deposit that has been forged or altered in such a way that a reasonable person could not discover the forgery. The Bank Funds Availability Policy Information contained in this section is to assist you in understanding our Funds Availability Policy. Accrue Savings does not accept in-person or mailed deposits. It is our policy to review each deposit and determine how the funds are being deposited. We make the funds available to you according to the deposit type and when the funds are applied to your Account. Some deposit types may return not be available for immediate use. When we delay the availability of funds or refuse to accept all or any part of place a hold on a deposit or credit made to an account at any timeyour Account, you may not withdraw those funds, and we will not be liable use them to pay bills or other debits, such as ACH withdrawals or wire transfers, during the hold period. We reserve the right to refuse any deposit. If final payment is not received on any item you for doing so, even if such action causes outstanding items deposited to be dishonored and returnedyour Account, or payment orders if any direct deposit, ACH deposit or Electronic Fund Transfer to be rejected. Refused deposits will be your Account is returned to youus for any reason, you agree to pay us the amount of the return, plus any fee in accordance with our Schedule of Fees and Charges.

Deposited Items Returned. If final payment is not received on any item you deposited to your account, or if any direct deposit, ACH deposit deposit, or electronic fund transfer to your account is returned to us for any reason, you agree to pay us the amount of the returned item(s). We may charge any Bank account of which you are an owner, owner or re-present any item you deposit with us that is returned to us unpaid without prior notice to you. We may adjust any accrued interest on your account, and we may charge a fee for returned deposited items in accordance with our Schedule of Fees. You authorize us to attempt collection of previously returned items you deposited. In our attempts to collect these items, you agree that we may allow the payor bank (the bank on which the item is drawn) to hold the item beyond its midnight deadline. If an item you deposit is returned unpaid, you waive the requirement for notice of this return. If a claim is made on any item subsequent to final payment on the grounds that the item was altered, bears a forged or unauthorized endorsement, or was not otherwise properly payable, we may withhold credit for the item from your account until final determination of the claim. In addition, we will not be liable for a check, draft draft, or other item you deposit that has been forged or altered in such a way that a reasonable person could not discover the forgery. The Bank may return or refuse to accept all or any part of a deposit or credit to an account at any time, and will not be liable to you for doing so, even if such action causes outstanding items to be dishonored and returned, or payment orders to be rejected. Refused deposits will be returned to you.

Deposited Items Returned. If final payment is not received on any item you deposited to your account, or if any direct deposit, ACH deposit or electronic fund transfer to your account is returned to us for any reason, you agree to pay us the amount of the returned item(s). We may charge any Bank account of which you are an owner, owner or re-present any item you deposit with us that is returned to us unpaid without prior notice to you. We may adjust any accrued interest on your account, and we may charge a fee for returned deposited items in accordance with our Schedule of Fees. You authorize us to attempt collection of previously returned items you deposited. In our attempts to collect these items, you agree that we may allow the payor bank (the bank on which the item is drawn) to hold the item beyond its midnight deadline. If an item you deposit is returned unpaid, you waive the requirement for notice of this return. If a claim is made on any item subsequent to final payment on the grounds that the item was altered, bears a forged or unauthorized endorsement, or was not otherwise properly payable, we may withhold credit for the item from your account until final determination of the claim. In addition, we will not be liable for a check, draft draft, or other item you deposit that has been forged or altered in such a way that a reasonable person could not discover the forgery. The Bank may return or refuse to accept all or any part of a deposit or credit to an account at any time, and will not be liable to you for doing so, even if such action causes outstanding items to be dishonored and returned, or payment orders to be rejected. Refused deposits will be returned to you.