Eligible Deposit Items. You agree to scan and deposit only “checks” as that term is defined in Regulation CC, and only those checks or other items that we in our sole discretion elect to include as eligible for mobile deposit under this Agreement. You agree that it will be a material breach of this Agreement to deposit checks that have been submitted previously through Mobile Check Deposit or through any remote deposit capture service offered at the Credit Union or by any other financial institution. Any breach of this Agreement may result in the termination of your ability to use Mobile Check Deposit and/or Online Services. You acknowledge and agree that the image of each check you transmit to us will be converted to an IRD (“Image Replacement Document” or “substitute check”) for subsequent presentment, and upon conversion it shall be deemed an “item” within the meaning of Articles 3 and 4 of the Uniform Commercial Code. You also agree that you will not scan and deposit any of the following types of checks or other items, which are considered “ineligible items.” Checks payable to any person or entity other than the person who owns the account into which each check is being deposited. Checks containing an alteration on the front of the check, or checks you know or suspect, or should know or suspect, are fraudulent or otherwise not authorized by the owner of the account on which the check is drawn. Checks that are incomplete. Checks payable jointly, unless deposited into an account in the name of all the payees. Checks drawn on a financial institution located outside of the United States. Checks not payable in United States currency. “Remotely created checks,” as that term is defined in Regulation CC and in Section I - Definitions of Terms Used. Post-dated checks, and checks dated more than 6 months before the date of deposit (stale-dated checks). Checks with any restrictive endorsement on the back (other than the restrictive endorsement “For Mobile Deposit Only – LGFCU,” as required by the Credit Union). Checks previously converted to a “substitute check,” as that term is defined in Regulation CC and in Section I - Definitions of Terms Used in This Agreement, and which have previously been submitted through Mobile Check Deposit or through any remote deposit capture service offered at the Credit Union or any other financial institution. Checks that require authorization. Checks payable on sight (“sight drafts”) or “payable-through-drafts,” as these terms ar...
