Common use of Eligible Checks Clause in Contracts

Eligible Checks. You can only scan and deposit original paper checks (as defined in the Expedited Funds Availability Act/Regulation CC) that are drawn on or payable through U.S. financial institutions. We are not obligated to accept for deposit any check image that we determine to be ineligible for Mobile RDC including but not limited to: o Checks payable to a third party; o Demand drafts or remotely created checks (i.e., checks lacking the original signature of the drawer); o Checks drawn on the same account; o Checks that are altered, incomplete, damaged or irregular in any way ( e.g., where the numerical and written amounts are different; checks that are postdated or more than six-months old; o Checks drawn on a foreign bank or payable in a foreign currency; o Checks payable to Cash; o Registered government warrants; o Monetary instruments such as travelers checks, US Savings Bonds, etc.: o Any check that you suspect is fraudulent or not properly authorized; or o Any check or checks that exceed the transaction limitation(s) that we establish from time totime.

Eligible Checks. You can only scan and deposit original paper checks (as defined in the Expedited Funds Availability Act/Regulation CC) that are drawn on or payable through U.S. financial institutions. We are not obligated to accept for deposit any check image that we determine to be ineligible for Mobile RDC including but not limited to: o Checks payable to a third party; o Demand drafts or remotely created checks (i.e., checks lacking the original signature of the drawer); o Checks drawn on the same account; o Checks that are altered, incomplete, damaged or irregular in any way ( e.g., where the numerical and written amounts are different; checks that are postdated or more than six-six- months old; o Checks drawn on a foreign bank or payable in a foreign currency; o Checks payable to Cash; o Registered government warrants; o Monetary instruments such as travelers checks, US Savings Bonds, etc.: o Any check that you suspect is fraudulent or not properly authorized; or o Any check or checks that exceed the transaction limitation(s) that we establish from time totimeto time.

Eligible Checks. You can only scan and deposit original paper checks (as defined in the Expedited Funds Availability Act/Regulation CC) that are drawn on or payable through U.S. financial institutions. We are not obligated to accept for deposit any check image that we determine to be ineligible for Mobile RDC including but not limited to: o Checks payable to a third party; o Demand drafts or remotely created checks (i.e., checks lacking the original signature of the drawer); o Checks drawn on the same account; o Checks that are altered, incomplete, damaged or irregular in any way ( e.g., where the numerical and written amounts are different; checks that are postdated or more than six-months old; o Checks drawn on a foreign bank or payable in a foreign currency; o Checks payable to Cash; o Registered government warrants; o Monetary instruments such as travelers checks, US Savings Bonds, etc.: o Any check that you suspect is fraudulent or not properly authorized; or o Any check or checks that exceed the transaction limitation(s) that we establish from time totimeto time.

Eligible Checks. You can only scan and deposit original paper checks (as defined in the Expedited Funds Availability Act/Regulation CC) that are drawn on or payable through U.S. financial institutions. We are not obligated to accept for deposit any check image that we determine to be ineligible for Mobile RDC including but not limited to: o Checks payable to a third party; o Demand drafts or remotely created checks (i.e., checks lacking the original signature of the drawer); o Checks drawn on the same account; o Checks that are altered, incomplete, damaged or irregular in any way ( e.g., where the wherethe numerical and written amounts are different; checks that are postdated or more than six-months old; o Checks drawn on a foreign bank or payable in a foreign currency; o Checks payable to Cash; o Registered government warrants; o Monetary instruments such as travelers checks, US Savings Bonds, etc.: o Any check that you suspect is fraudulent or not properly authorized; or o Any check or checks that exceed the transaction limitation(s) that we establish from time totimeto time.