Common use of Disposal of Transmitted Checks Clause in Contracts

Disposal of Transmitted Checks. You agree to safeguard and keep the original check for 14 Business Days after you have transmitted the check. After that period, once you have verified that the check has been credited to your account, you agree to indelibly xxxx the check as “VOID” or to dispose of it in a manner that will prevent anyone from presenting it for deposit. If we determine that we require the original paper check, you will promptly provide any check you have not destroyed to us to aid us in the clearing and collection process, to resolve claims by third parties with respect to any item, or for our audit purposes.

Appears in 3 contracts

Samples: Personal Online and Mobile Banking Service Agreement, Personal Online and Mobile Banking Service Agreement, Personal Online and Mobile Banking Service Agreement

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Disposal of Transmitted Checks. You agree to safeguard and keep the original check for 14 Business Days after you have transmitted the check. After that period, once you have verified that the check has been credited to your accountEligible Deposit Account, you agree to indelibly xxxx mark the check as “VOID” or to dispose of it in a manner that will prevent anyone from presenting it for deposit. If we determine that we require the original paper check, you will promptly provide any check you have not destroyed to us to aid us in the clearing and collection process, to resolve claims by third parties with respect to any item, or for our audit purposes.will

Appears in 1 contract

Samples: Personal Online and Mobile Banking Service Agreement

Disposal of Transmitted Checks. You agree to safeguard and keep the original check for 14 Business Days after you have transmitted the check. After that period, once you have verified that the check has been credited to your account, you agree to indelibly xxxx the check as “VOID” or to dispose of it in a manner that will prevent anyone from presenting it for deposit. If we determine that we require the original paper check, you will promptly provide any check you have not destroyed to us to aid us in the clearing and collection process, to resolve claims by third parties with respect to any itemItem, or for our audit purposes.

Appears in 1 contract

Samples: Personal Online and Mobile Banking Service Agreement

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Disposal of Transmitted Checks. You agree to safeguard and keep the original check for 14 Business Days after you have transmitted the check. After that period, once you have verified that the check has been credited to your account, you agree to indelibly xxxx mark the check as “VOID” or to dispose of it in a manner that will prevent anyone from presenting it for deposit. If we determine that we require the original paper check, you will promptly provide any check you have not destroyed to us to aid us in the clearing and collection process, to resolve claims by third parties with respect to any item, or for our audit purposes.

Appears in 1 contract

Samples: Personal Online and Mobile Banking Service Agreement

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