Depositing Remotely Created Checks. A remotely created Check is a Check created by or at the direction of the payee that is not signed by the Account owner. It states that the Account owner authorized the Check. If you deposit a remotely created check, you guarantee it was properly authorized by the Account owner. If we suffer a loss, cost or expense, we have the right to recover the amount from any Account you keep with us.
Appears in 2 contracts
Samples: Account Agreement, Account Agreement
Depositing Remotely Created Checks. A remotely created Check check is a Check check created by or at the direction of the payee that is not signed by the Account owner. It states that the Account owner authorized the Checkcheck. If you deposit a remotely created check, you guarantee it was properly authorized by the Account owner. If we suffer a loss, cost or expense, we have the right to recover the amount from any Account you keep with us.
Appears in 1 contract
Samples: Account Agreement
Depositing Remotely Created Checks. A remotely created Check is a Check created by or at the direction of the payee that is not signed by the Account ownerowner/ authorized person. It states that the Account owner owner/authorized person authorized the Check. We may refuse to honor such Items without cause or prior notice, even if we have honored similar Items in the past. If you deposit a remotely created checkCheck, you guarantee it was properly authorized by the Account ownerowner/ authorized person. If we suffer a loss, cost or expense, we have the right to recover the amount from any Account Accounts under the same ownership you keep with us.
Appears in 1 contract
Samples: Account Agreement
Depositing Remotely Created Checks. A remotely created Check is a Check created by or at the direction of the payee that is not signed by the Account owner/authorized person. It states that the Account owner owner/authorized person authorized the Check. We may refuse to honor such Items without cause or prior notice, even if we have honored similar Items in the past. If you deposit a remotely created checkCheck, you guarantee it was properly authorized by the Account owner/authorized person. If we suffer a loss, cost or expense, we have the right to recover the amount from any Account Accounts under the same ownership you keep with us.
Appears in 1 contract
Samples: Account Agreement