Common use of Eligible Items and Security Interest Clause in Contracts

Eligible Items and Security Interest. You agree to scan and deposit only “checks” as that term is defined in Federal Reserve Regulation CC (“Reg. CC”). You agree that the Image of the check that is transmitted to Bank (each such check and other item a “Check” and, if more than one, “Checks”) shall be deemed an “item” within the meaning of Articles 3 and 4 of the Uniform Commercial Code (1990 Official Text). You agree you will not use this Service to scan and deposit any of the following checks or other items (each a “Prohibited Check” and, collectively, “Prohibited Checks”), which shall be considered ineligible:  Checks or items payable to any person or entity other than the person or entity that owns the account in which the check is being deposited.  Checks or items that are drawn, or otherwise issued, by you on any account you maintain at another financial institution.  Checks or items containing an alteration to any of the fields on the front of the check or item, or which 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 or items payable jointly, unless deposited into an account in the name of all payees.  Checks or items previously converted to a substitute check, as defined in Reg. CC or are “image replacement documents” that purport to be substitute checks.  Checks or items drawn on a financial institution located outside the United States.  Checks or items that are remotely created checks, as defined in Reg. CC.  Checks or items not payable in United States currency.  Checks or items dated more than six (6) months prior to the date of deposit.  Checks or items prohibited by the Bank’s current procedures related to this Service or which are otherwise not acceptable under the Terms and Conditions of your Viking Bank account.  Checks or items payable on sight or payable through Drafts, as defined in Reg. CC.  Checks or items with any endorsement on the back other than that specified in this Agreement.  Checks or items that have previously been submitted through this Service or through a remote deposit capture service offered at this financial institution or any other financial institution.

Eligible Items and Security Interest. You agree to scan and deposit only “checks” as that term is defined in Federal Reserve Regulation CC (“Reg. CC”). You agree that the Image of the check that is transmitted to Bank (each such check and other item a “Check” and, if more than one, “Checks”) shall be deemed an “item” within the meaning of Articles 3 and 4 of the Uniform Commercial Code (1990 Official Text). You agree you will not use this Service to scan and deposit any of the following checks or other items (each a “Prohibited Check” and, collectively, “Prohibited Checks”), which shall be considered ineligible:  • Checks or items payable to any person or entity other than the person or entity that owns the account in which the check is being deposited.  • Checks or items that are drawn, or otherwise issued, by you on any account you maintain at another financial institution.  • Checks or items containing an alteration to any of the fields on the front of the check or item, or which 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 or items payable jointly, unless deposited into an account in the name of all payees.  • Checks or items previously converted to a substitute check, as defined in Reg. CC or are “image replacement documents” that purport to be substitute checks.  • Checks or items drawn on a financial institution located outside the United States.  • Checks or items that are remotely created checks, as defined in Reg. CC.  • Checks or items not payable in United States currency.  • Checks or items dated more than six (6) months prior to the date of deposit.  • Checks or items prohibited by the Bank’s current procedures related to this Service or which are otherwise not acceptable under the Terms and Conditions of your Viking Bank account.  • Checks or items payable on sight or payable through Drafts, as defined in Reg. CC.  • Checks or items with any endorsement on the back other than that specified in this Agreement.  • Checks or items that have previously been submitted through this Service or through a remote deposit capture service offered at this financial institution or any other financial institution.

Eligible Items and Security Interest. You agree to scan and deposit only “checks” checks as that the term check is defined in Federal Reserve Regulation CC (“Reg. CC”). You agree that the Image of the check (“Image”) that is transmitted to Bank (each such check and other item a “Check” and, if more than one, “Checks”) shall be deemed an “item” within the meaning of Articles 3 and 4 of the Uniform Commercial Code (1990 Official Text). You agree you will not use this Service to scan and deposit any of the following checks or other items (each a “Prohibited Check” and, collectively, “Prohibited Checks”), which shall be considered ineligible:  Checks or items payable to any person or entity other than the person or entity that owns the account in which the check is being deposited.  Checks or items that are drawn, or otherwise issued, by you on any account you maintain at another financial institution.  Checks or items containing an alteration to any of the fields on the front of the check or item, or which 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 or items payable jointlyjointly not in the alternative, unless deposited into an account in the name of all payees.  Checks or items previously converted to a substitute check, as defined in Reg. CC or are “image replacement documents” that purport to be substitute checks.  Checks or items drawn on a financial institution located outside the United States.  Checks or items that are remotely created checks, as defined in Reg. CC.  Checks or items not payable in United States currency.  Checks or items dated more than six (6) months prior to the date of deposit.  Checks or items prohibited by the Bank’s current procedures related to this Service or which are otherwise not acceptable under the Terms and Conditions of Deposit Account Agreement governing your Viking Bank account.  Checks or items payable on sight or payable through Drafts, as defined in Reg. CC.  Checks or items with any endorsement on the back other than that specified in this Agreement.  Checks or items that have previously been submitted through this Service or through a remote deposit capture service offered at this financial institution or any other financial institution.  Checks or items that are drawn or otherwise issued by the U. S. Treasury Department.

Eligible Items and Security Interest. You agree to scan and deposit only “checks” those checks that are not classified as that term is prohibited, as defined in Federal Reserve Regulation CC (“Reg. CC”)below. You agree that the Image image of the check Check ("Image") that is transmitted to Bank Credit Union (each such check Check and other item a “"Check” " and, if more than one, “"Checks”") shall be deemed an “item” within the meaning of Articles 3 and 4 of the Uniform Commercial Code (1990 Official Text). You agree you will not use this Service to scan and deposit any of the The following checks or other items are prohibited from being deposited into Your account(s) pursuant to this Agreement (each a “"Prohibited Check” " and, collectively, “"Prohibited Checks”), which shall be considered ineligible:  Checks "): A. checks or items payable to any person or entity other than the person or entity that owns the account in which the check is being deposited.  Checks or items that are drawn, or otherwise issued, by you on any account you maintain at another financial institution.  Checks ; B. checks or items containing an alteration to any of the fields on the front of the check or item, or which you 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 ; C. checks or items payable jointlyjointly not in the alternative, unless deposited into an account in the name of all payees.  Checks ; D. checks or items previously converted to a substitute check, as defined in Reg. Regulation CC (12 CFR 229.2 et seq.) or which are “"image replacement documents” " that purport to be substitute checks.  Checks ; E. checks or items drawn on a financial institution located outside the United States.  Checks ; F. checks or items that are remotely created checks, as defined in Reg. CC.  Checks Regulation CC (12 CFR 229.2 et seq.); G. checks or items not payable in United States currency.  Checks ; H. checks or items dated more than six (6) months prior to the date of deposit.  Checks ; I. checks or items prohibited by the BankCredit Union’s current procedures related to this Service or which are otherwise not acceptable under the Terms and Conditions of your Viking Bank deposit account agreement governing Your Credit Union account.  Checks ; J. checks or items payable on sight or payable through Drafts, as defined in RegRegulation CC (12 CFR 229.2 et. CC.  Checks seq.); K. checks or items with any endorsement on the back other than that specified in this Agreement.  Checks or items that have previously been submitted through this Service or through a remote deposit capture service offered at this financial institution or any other financial institution.;