Common use of Disposal of Transmitted Checks Clause in Contracts

Disposal of Transmitted Checks. Upon proper clearing of funds and confirmation of your deposit from the Bank, you agree to prominently mark the check as “Electronically Presented” and to properly store the check to ensure that it is not presented again for payment. You agree that you will never represent the check to the Bank or any other financial institution. You agree to retain all checks you have deposited through the Service for at least 14 business days and, following the 14-day retention period, you agree to dispose of your check in a manner, which will ensure the check will not be presented again.

Disposal of Transmitted Checks. Upon proper clearing of funds and confirmation of your deposit from the Bank, you agree to prominently mark xxxx the check as “Electronically Presented” and to properly store the check to ensure that it is not presented again for payment. You agree that you will never represent the check to the Bank or any other financial institution. You agree to retain all checks you have deposited through the Service for at least 14 60 business days and, following the 14-60 day retention period, you agree to dispose of your check in a manner, manner which will ensure the check will not be presented again.

Disposal of Transmitted Checks. Upon proper clearing of funds and confirmation of your deposit from the Bank, you agree to prominently mark the check as “Electronically Presented” and to properly store the check to ensure that it is not presented again for payment. You agree that you will never represent the check to the Bank or any other financial institution. You agree to retain all checks you have deposited through the Service for at least 14 60 business days and, following the 14-60 day retention period, you agree to dispose of your check in a manner, manner which will ensure the check will not be presented again.