Destruction of Original Check. Once you have deposited the check successfully, you should store the check in a secure location for 14 days. After 14 days, and after you have confirmed the deposited funds have been applied to your account correctly, you must destroy the check. Shredding it is one way to destroy it. Destroying the check prevents it from being presented for deposit another time. You will be liable for checks that are presented more than once.
Appears in 6 contracts
Samples: Treasury Management Master Agreement, Mobile Deposit Services Agreement, Treasury Management Master Agreement
Destruction of Original Check. Once you have deposited the check successfully, you should store the check in a secure location for 14 30 days. After 14 30 days, and after you have confirmed the deposited funds have been applied to your account correctly, you must destroy the check. Shredding it is one way to destroy it. Destroying the check prevents it from being presented for deposit another time. You will be liable for checks that are presented more than once.
Appears in 2 contracts
Samples: Mobile Banking Services Agreement, State Bank Mobile Deposit Agreement
Destruction of Original Check. Once you have deposited the check successfully, you should store the check in a secure location for 14 15 business days. After 14 15 business days, and after you have confirmed the deposited funds have been applied to your account correctly, you must destroy the check. Shredding it is one way to destroy it. Destroying the check prevents it from being presented for deposit another time. You will be liable for checks that are presented more than once.
Appears in 2 contracts
Samples: Business Online Agreement, Mobile Deposit Service Agreement