Common use of Eligible Items Clause in Contracts

Eligible Items. You agree to scan and deposit only "checks" as that term is defined in Federal Reserve Regulation CC, Availability of Funds and Collection of Checks ("Reg. CC"). When the image of the check transmitted to us is converted to an Image Replacement Document for subsequent presentment and collection, it shall thereafter be deemed an "item" within the meaning of Articles 3 and 4 of the Uniform Commercial Code. You agree that you will not scan and deposit any of the following types of checks or other items which shall be considered ineligible items: 1. Checks payable to any person or entity other than the person or entity that owns the account that the check is being deposited into. 2. Checks containing an alteration 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. 3. Checks payable jointly, unless deposited into an account in the name of all payees. 4. Checks previously converted to a substitute check, as defined in Reg. CC. 5. Checks drawn on a financial institution located outside the United States. 6. Checks that are remotely created checks, as defined in Reg. CC. 7. Checks not payable in United States currency. 8. Check previously deposited by other means. 9. Checks that are payable to cash. 10. Checks on which the numerical and written amounts are different. 11. Checks dated more than 6 months prior to the date of deposit or postdated (dated for a future date). 12. Checks or items prohibited by the Bank’s current procedures relating to the Mobile Deposit Service or which are otherwise not acceptable under the terms of your Account Agreement. 13. Checks payable on sight or payable through Drafts, as defined in Reg. CC. 14. Checks with any endorsement on the back other than that specified in this agreement. 15. Checks that have previously been submitted through the Mobile Deposit Service or through a remote deposit capture service offered at any other financial institution.

Eligible Items. You hereby agree to that you will only scan and deposit only "checks" a check(s) as that term is defined in Federal Reserve Board Regulation CC (“Regulation CC, ”): Availability of Funds and Collection of Checks ("Reg12 CFR 229. CC"). When You agree that the image Image of the check that is transmitted to us the Bank (each such check and other item is converted referred to an Image Replacement Document for subsequent presentment and collectionin this Agreement as a "Check" and, it if more than one, "Checks") shall thereafter be deemed an "item" within the meaning of Articles 3 and Article 4 of the Uniform Commercial CodeCode (1990 Official Text). You also acknowledge and agree that Mobile Deposits that you make using this Service are not "Electronic Fund Transfers" as that term is defined in Federal and Massachusetts laws. You agree that you will not use the Service to scan and deposit any of the following types of checks or other items which shall be (considered ineligible itemsor “Prohibited Checks”) below: 1. a. Checks or items payable to any person or entity other than yourself or otherwise to the person or entity that owns owner of the account that the check item is being deposited into. 2. b. Checks or items that are payable jointly, unless deposited into a deposit account in the name of all payees. c. Checks or items containing an obvious 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 or item is drawn. 3. d. Checks payable jointlyor items that have not been previously endorsed by a bank and are either “substitute checks”, unless deposited into an account in the name of all payees. 4. Checks previously converted to a substitute check, (as defined in Reg. CCRegulation CC or other applicable federal law or regulation) or “image replacement documents” that purport to be substitute checks, without our prior written consent. 5. e. Checks or items drawn on a financial institution located outside the United States or territories of the United States. 6. f. Checks or items that are remotely created checks, as defined in Reg. Regulation CC, or are remotely created payment orders. 7. g. Checks or items not payable in United States currency. 8. Check previously deposited by other means. 9. h. Checks that are payable to cash. 10. Checks on which the numerical and written amounts are different. 11. Checks or items dated more than 6 months prior to the date of deposit or postdated (dated for a future date)deposit. 12. i. Checks or items prohibited by the Bank’s our current procedures relating to the Mobile Deposit Service or which are otherwise not acceptable under the terms of your Account Agreementaccount or are in violation of any law, rule or regulation. 13. j. Checks payable on sight or payable through Drafts, as defined in Reg. CC. 14. Checks with any endorsement on the back other than that specified in this agreement. 15. Checks that have items previously been submitted through the Mobile Deposit Service or through a remote deposit capture service offered by us or at any other financial institution. If you deposit a prohibited check, you agree to indemnify and reimburse the Bank for, and hold the Bank harmless from and against, any and all losses, costs and expenses (including reasonable attorney’s fees) that the Bank may incur associated with any warrant, indemnity or other claim related thereto. Furthermore, if, after first having obtained our written consent to do so, you provide us with an electronic representation of a substitute check for deposit into a deposit account instead of an original check, you agree to indemnify and reimburse us for, and hold the Bank harmless from and against, any and all losses, costs and expenses (including reasonable attorney’s fees) we incur because any such substitute check resulting from such electronic representation does not meet applicable substitute check standards and or causes duplicate payments.

Eligible Items. You agree to scan and deposit only "checks" checks as that the term “check” is defined in Federal Reserve Regulation CC, Availability of Funds and Collection of Checks ("Reg. CC"). When You further agrees that the image of the check (“Image”) that is transmitted to us the Bank shall be deemed an “item” within the meaning of Articles 3 and 4 of the Uniform Commercial Code. When the Image is converted to an Image Replacement Document for subsequent presentment and collection, it shall thereafter be deemed an "item" item within the meaning of Articles 3 and 4 of the Uniform Commercial Code. You agree that you will to not scan and deposit capture images of any of the following types of checks or other items which shall be considered ineligible items: 1. a) Checks payable to any person or entity other than the person or entity that owns the account that in which the check is being deposited intodeposited. 2. b) Checks 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 are otherwise not authorized by the owner of the account on which the check is drawn. 3. c) Checks payable jointlyjointly payable jointly not in the alternative, unless deposited into an account in the name of all payees. 4. d) Checks drawn on a foreign bank and/or that are not payable in United States currency. e) Checks that are undated, post-dated, or are dated more than 6 months prior to the date of deposit. f) Checks with any endorsement on the back other than that permitted in this Mobile Deposit Agreement. g) Checks that have previously been deposited by any remote capture or physical delivery at Bank or any other financial institution. h) Checks that have previously been returned unpaid for any reason. i) Checks or items previously converted to a substitute check, as defined in Reg. CCCC or are “image replacement documents” that purport to be substitute checks. 5. j) Checks drawn on a financial institution located outside the United States. 6. Checks or items that are remotely created checks, as defined in Reg. CC. 7. Checks not payable in United States currency. 8. Check previously deposited by other means. 9. Checks that are payable to cash. 10. Checks on which the numerical and written amounts are different. 11. Checks dated more than 6 months prior to the date of deposit or postdated (dated for a future date). 12. k) Checks or items prohibited by the Bank’s current procedures relating to the Mobile Deposit Service or which are otherwise not acceptable under the terms of your Account Agreement. 13. Checks payable on sight or payable through Drafts, as defined in Reg. CC. 14. l) Checks with any endorsement on or items that are drawn or otherwise issued by the back other than that specified in this agreementU. S. Treasury Department. 15. m) Money Orders or Postal Money Orders. n) Travelers Checks. o) Checks or items that require authorized verification codes. p) Checks that have previously been submitted through are prohibited by the Mobile Bank’s current procedures relating to the Deposit Service Service, or through which are otherwise not acceptable under the Deposit Account Agreement relating to your checking, savings or money market accounts, or as the Bank may otherwise determine in its sole discretion. The Bank may in its sole discretion, and without liability to you, refuse any check for any or no reason, or elect to take the check on a remote deposit capture service offered collection basis only. The Bank reserves the right to charge back to your account, at any other financial institution.time, for any item that Bank subsequently determines was an ineligible item. Bank is not liable for any loss, costs, or fees you may incur as a result of a chargeback of an ineligible item. IF YOU DEPOSIT AN INELIGIBLE ITEM, YOU AGREE TO INDEMNIFY AND REIMBURSE THE BANK FOR, AND HOLD THE BANK HARMLESS FROM AND AGAINST, ANY AND ALL LOSSES, COSTS AND EXPENSES (INCLUDING REASONABLE ATTORNEYS’ FEES) THE BANK MAY INCUR ASSOCIATED WITH ANY WARRANTY, PRESENTMENT, INDEMNITY OR OTHER CLAIM RELATED THERE TO. YOU AGREE AND GRANT THE BANK THE RIGHT TO SETOFF IN YOU ACCOUNTS HELD AT THE BANK TO COVER SUCH

Eligible Items. You agree to scan and deposit only "“checks" ” as that term is defined in Federal Reserve Regulation CC, Availability of Funds and Collection of Checks CC ("“Reg. CC"”). Checks you scan deposit, that are issued and drawn by you, may incur a fee if returned for nonpayment. (Refer to the Rate and Fee Schedule for the fee amount.) When the image of the check transmitted to us ACU is converted to an Image Replacement Document for subsequent presentment and collection, it shall thereafter be deemed an "“item" ” within the meaning of Articles 3 and 4 of the Uniform Commercial Code. You agree that you will not scan and deposit any of the following types of checks or other items which shall be considered ineligible items: 1. a. Checks or items payable to any person or entity other than the person or entity that owns the account that the check is being deposited intoyou. 2. b. Checks payable jointly, unless deposited into an account in the name of all payees. c. Checks containing an alteration 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. 3. Checks payable jointly, unless deposited into an account in the name of all payees. 4. d. Checks previously converted to a substitute check, as defined in Reg. CC. 5. e. Checks not payable in United States currency. f. Checks drawn on a financial institution located outside the United States. 6. g. Checks dated more than 6 months prior to the date of deposit. h. Checks that are remotely created checks, as defined in Reg. CC. 7. Checks not payable in United States currency. 8. Check previously deposited by other means. 9. Checks that are payable to cash. 10. Checks on which the numerical and written amounts are different. 11. Checks dated more than 6 months prior to the date of deposit or postdated (dated for a future date). 12. Checks or items prohibited by the Bank’s current procedures relating to the Mobile Deposit Service or which are otherwise not acceptable under the terms of your Account Agreement. 13. i. Checks payable on sight or payable through Drafts, as defined in Reg. CC. 14. j. Checks that have previously been submitted through the Service or through a remote deposit service offered at any other financial institution. k. Checks with any endorsement on the back other than that specified in this agreement. 15. l. Checks that have previously been submitted through or items prohibited by ACU’s current procedures relating to the Mobile Deposit Service Services or through a remote deposit capture service offered at any other financial institutionwhich are otherwise not acceptable under the terms of your ACU account.

Eligible Items. You agree to scan and deposit only "“checks" ” as that term is defined in Federal Reserve Regulation CC, Availability of Funds and Collection of Checks ("Reg. CC"). When the image images of the front and back of the check are transmitted to us is the Bank, they are individually or collectively converted to an Image Replacement Document electronic image for subsequent presentment and collection, it . It shall thereafter therefore be deemed an "“item" ” within the meaning of Articles 3 and 4 of the Uniform Commercial Code. You agree that you will not scan and deposit any of the following types of checks or other items which shall be considered ineligible items: 1. :  Checks payable to any person or entity other than the person or entity that owns the account that the check is being deposited into. 2. into  Checks containing an alteration 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. 3. drawn  Checks payable jointly, unless deposited into an account in the name of all payees. 4. Checks previously converted to a substitute check, as defined in Reg. CC. 5. the payees  Checks drawn on a financial institution located outside the United States. 6. States  Checks that are remotely created checks, checks (as defined in Reg. CC. 7. )  Checks not payable in United States currency. 8. Check previously deposited by other means. 9. Checks that are payable to cash. 10. Checks on which the numerical and written amounts are different. 11. currency  Checks dated more than 6 six (6) months prior to the date of deposit or postdated (dated for a future date). 12.  Checks that are “VOID” after 90 days  Checks or items prohibited by the Bank’s current procedures relating to the Mobile Deposit Service or which are otherwise not acceptable under the terms of your Account Agreement. 13.  Checks payable on sight or payable through Drafts, Drafts (as defined in Reg. CC. 14. )  Checks with any endorsement on the back other than that specified in this agreement. 15. Agreement  Checks that have previously been submitted through the Mobile Deposit Service or through a remote deposit capture service offered at any other financial institution, or otherwise previously converted to a substitute check, as defined by Reg. CC.

Eligible Items. You agree to scan photograph and deposit only "checks" as that term is defined in Federal Reserve Regulation CC, Availability of Funds and Collection of Checks CC ("Reg. CC"). When the image of the check transmitted to us is converted to an Image Replacement Document image replacement document for subsequent presentment and collection, it shall thereafter be deemed an "item" within the meaning of Articles 3 and 4 of the Uniform Commercial Code. When used in this Addendum, the term "check" also refers to the electronic image of the check and is considered an "item" as used in Articles 3 and 4 of the Uniform Commercial Code. You agree that you will not scan photograph and deposit any of the following types of checks or other items which shall be considered ineligible items: 1. :  Checks payable to any person or entity other than you (No multi-party checks).  Checks payable jointly, unless deposited into an account in the person name of all payees.  Checks that are prohibited by the Bank or entity that owns the account that the check is being deposited into. 2in violation of any law, rule or regulation.  Checks containing an alteration 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. 3. Checks payable jointly, unless deposited into an account in the name of all payees. 4.  Checks previously converted to a substitute check, as defined in Reg. CC. 5CC or other applicable law or regulation or "image replacement documents" that purport to be substitute checks.  Checks drawn on a financial institution located outside the United States. 6.  Checks that are remotely created checks, as defined in Reg. CC. 7.  Checks not payable in United States currency. 8. Check previously deposited by other means. 9. Checks that are payable to cash. 10. Checks on which the numerical and written amounts are different. 11.  Checks dated more than 6 months prior to the date of deposit or postdated (dated for a future date). 12deposit.  Checks or items prohibited by the Bank’s our current procedures relating to the Mobile Remote Deposit Service or which are otherwise not acceptable under the terms of your Account Agreement. 13account with us. Checks payable on sight or payable through Drafts, as defined in Reg. CC. 14.  Checks with any endorsement on the back other than that specified in this agreement. 15Addendum.  Checks that have previously been submitted through the Mobile Remote Deposit Service or through a remote deposit capture service offered at any other financial institution..  Checks that have been dishonored or returned to you unpaid for any reason.  Checks or items that are drawn or otherwise issued by the U.S. Treasury Department

Eligible Items. You agree to scan and deposit only "checks" as that term is defined in Federal Reserve Regulation CC, Availability of Funds and Collection of Checks CC ("Reg. CC"). When the image of the check transmitted to us Credit Union is converted to an Image Replacement Document for subsequent presentment and collection, it shall thereafter be deemed an "item" within the meaning of Articles 3 and 4 of the Uniform Commercial Code. You agree that you will not scan and deposit any of the following types of checks or other items which shall be considered ineligible items: 1. :  Checks payable to any person or entity other than the person or entity that owns the account that the check is being deposited into. 2.  Checks containing an alteration 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. 3.  Checks payable jointly, unless deposited into an account in the name of all payees. 4.  Checks previously converted to a substitute check, as defined in Reg. CC. 5.  Checks drawn on a financial institution located outside the United States. 6.  Checks that are remotely created checks, as defined in Reg. CC. 7.  Checks not payable in United States currency. 8. Check previously deposited by other means. 9. Checks that are payable to cash. 10. Checks on which the numerical and written amounts are different. 11.  Checks dated more than 6 months prior to the date of deposit deposit.  Checks stamped with a “non-negotiable” watermark.  Checks that are missing any information, including but not limited to a payee, written and numeric dollar amounts, date, and endorser.  A photocopy of a check for deposit.  Checks from a lottery or postdated (dated for a future date). 12prize winnings.  Savings Bonds; Money Orders; Traveler’s Checks; HELOC Access and Credit Card Advance Checks; and Comdata Checks.  Checks or items prohibited by the BankCredit Union’s current procedures relating to the Mobile Deposit Service Services or which are otherwise not acceptable under the terms of your Account Agreement. 13Credit Union account. Checks payable on sight or payable through Drafts, as defined in Reg. CC. 14.  Checks with any endorsement on the back other than that specified in this agreement. 15.  Checks that have previously been submitted through the Mobile Deposit Service or through a remote deposit capture service offered at any other financial institution.  Checks or items that are drawn or otherwise issued by the U.S. Treasury Department.  Checks that are prohibited by the Credit Union's current Membership Agreement with you.  Checks that are in violation of any federal or state law, rule, or regulation.

Eligible Items. You agree to scan image and deposit only "“checks" ” as that term is defined in Federal Reserve Regulation CC, Availability of Funds and Collection of Checks CC ("“Reg. CC"”). When the image of the check transmitted to us the Bank is converted to an Image Replacement Document for subsequent presentment and collection, it shall thereafter be deemed an "“item" ” within the meaning of Articles 3 and 4 of the Uniform Commercial Code. You agree that you will not scan and deposit any of the following types of checks or other items which shall be considered ineligible items: 1. : • Checks payable to any person or entity other than the person or entity that owns the account that the check is being deposited into. 2. • Checks previously deposited and returned (for example, non‐sufficient funds). • Checks that have previously been returned stop payment or account closed. • Checks containing an alteration 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. 3. • Checks payable jointly, unless deposited into an account in the name of all payees. 4. • Checks previously converted to that are not in their original form with a signature, such as a substitute check, as defined in Regcheck or image replacement document. CC. 5. • Checks drawn on a financial institution located outside the United States. 6. • Checks not payable in United States currency. • Checks that are remotely created checks, as defined in Reg. CC. 7. Checks not payable in United States currency. 8. Check previously deposited by other means. 9. Checks that are payable to cash. 10. Checks on which the numerical and written amounts are different. 11. • Checks dated more than 6 months prior to the date of deposit or postdated (dated for a future date). 12the deposit. • Checks or items prohibited by the Bank’s current procedures relating to the Mobile Deposit Service services or which are otherwise not acceptable under the terms of your Account Agreement. 13account. • Checks payable on sight or payable through Drafts, as defined in Reg. CC. 14. • Checks with any endorsement on the back other than that specified in this agreement. 15. • Checks that have previously been submitted through the Mobile Deposit Service or through a remote deposit capture service offered at any other financial institution. • Checks that have previously been deposited or negotiated in any way via any method at Verimore Bank or any other financial institution. • Post‐dated checks. • Unsigned checks or checks not dated. • Items that are in violation of any federal or state law, rule or regulation. • Money orders, cashier’s checks, traveler’s checks, or savings bonds.

Eligible Items. You agree to scan and deposit only "checks" as that term is defined in Federal Reserve Regulation CC, Availability of Funds and Collection of Checks ("Reg. CC"). When the image of the check transmitted to us is converted to an Image Replacement Document for subsequent presentment and collection, it shall thereafter be deemed an "item" within the meaning of Articles 3 and 4 of the Uniform Commercial Code. . i. You agree that you will not scan and deposit any of the following types of checks or other items which shall be considered ineligible items: 1. Checks payable to any person or entity other than the person or entity that owns the account that the check is being deposited into. 2. Checks containing an alteration 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. 3. Checks payable jointly, unless deposited into an account in the name of all payees. 4. Checks previously converted to a substitute check, as defined in Reg. CC. 5. Checks drawn on a financial institution located outside the United States. 6. Checks that are remotely created checks, as defined in Reg. CC. 7. Checks not payable in United States currency. 8. Check previously deposited by other means. 9. Checks that are payable to cash. 10. Checks on which the numerical and written amounts are different. 11. Checks dated more than 6 months prior to the date of deposit or postdated (dated for a future date). 12. Checks or items prohibited by the Bank’s current procedures relating to the Mobile Deposit Service or which are otherwise not acceptable under the terms of your Account Agreement. 13. Checks payable on sight or payable through Drafts, as defined in Reg. CC. 14. Checks with any endorsement on the back other than that specified in this agreement. 15. Checks that have previously been submitted through the Mobile Deposit Service or through a remote deposit capture service offered at any other financial institution. 16. Checks or items that are drawn or otherwise issued by the U.S. Treasury Department.