Express Deposit and Mobile Express Deposit Sample Clauses

Express Deposit and Mobile Express Deposit. An express and mobile express deposit initiated through Modern Woodmen Bank Express Deposit and Mobile Express Deposit Service before 3:00 p.m. CT on a business day is posted to your account the same day. All deposits completed after 3:00 p.m. CT on a business day or on a Saturday, Sunday or banking holiday, will be posted on the next business day. Same-Day Availability (before 4:00 p.m. CT) ATM’s Funds from the following ATM deposits are available on the same business day as the day of deposit: • The first $200.00. In-person or by Mail Funds from the following in-person and received via the U.S. Postal Service are available on the same business day as the day of deposit: • Checks drawn on the Bank, if funds are available in the account; and Cash Deposits ACH • All electronic direct deposits are generally made available by 9:00 a.m. CT on the effective date of the deposit. Next-Day Availability - All other funds received in-person, via the U.S. Postal Service, or via ATM’s shall be available the next business day from the day of deposit. Longer Delays Availability of funds received either in-person, via External Transfer Services or via the U.S. Postal Service may be delayed for longer periods under the following circumstances: Bank management believes a check will not be paid; Deposited checks total more than $5,000.00 on one day; Returned unpaid checks are redeposited; An account has been overdrawn repeatedly in the last six months; Emergencies, such as failure of communications or computer equipment; and/or Other cases, as permitted under federal regulations ACH credits delayed by Externals Transfer Services. The Bank will notify affected customers of any delay in their ability to withdraw funds for any of these reasons. The Bank will inform affected customers (by close of the business day following the business day on which the deposit was made) when the funds will be available, which generally will be no later than the seventh business day after the day of deposit. Affected customers will be asked to sign the Notice of Hold Form if a longer hold is placed when the customer is making an in-person deposit. New Account Rules - Special rules may apply during the first 30 days an account is opened. Funds from electronic direct deposits, cash, and the first $200.00 of ATM deposits will be available on the day of deposit. Funds from wire transfer deposits and the first $5,000.00 of a day’s total in-person or received via the U.S. Postal Service, deposits of ...
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Express Deposit and Mobile Express Deposit. Agreement This Agreement contains the terms and conditions for the use of Modern Woodmen Bank’s Express Deposit and Mobile Express Deposit remote deposit capture services. By using Express Deposit and Mobile Express Deposit you are agreeing to the terms of this Agreement which supplements the Online Banking Agreement and Terms and Conditions Agreements of Your Accounts which you agreed to and received at account opening. This Agreement is subject to change from time to time. We will notify you of any material change by e-mail or on our website by providing a link to the revised Agreement. Your continued use of the Services will indicate your acceptance of the revised Agreement. Express Deposit and Mobile Express Deposit allows you to make deposits to your checking or savings accounts from home or other remote locations by scanning checks and delivering the images and required deposit information to Modern Woodmen Bank. Some of the Services have qualification requirements, and we reserve the right to change the qualifications at any time without prior notice. We also reserve the right to change, suspend, or discontinue the Services in whole or in part, or your individual use of the Services, at any time without prior notice to you. You can access your Modern Woodmen Bank accounts through Express Deposit and Mobile Express Deposit seven days a week, 24 hours a day. However, at certain times, some or all of Modern Woodmen Bank Express Deposit and Mobile Express Deposit may not be available due to system maintenance. You may be notified online when this occurs. A deposit initiated through Modern Woodmen Bank Express Deposit and Mobile Express Deposit before 3:00 PM Central Time (CT) on a business day is posted to your account the same day. All deposits completed after 3:00 PM CT on a business day or on a Saturday, Sunday or banking holiday, will be posted on the next business day. Our business days are Monday through Friday. Saturday, Sunday and Federal holidays are not included as a business day. You agree that items transmitted using the Services are not subject to the funds availability requirements of Federal Reserve Board Regulation CC. Remotely deposited checks are “non-local” items as defined in Regulation CC. Despite this fact, Modern Woodmen Bank will make funds available as described in these Terms and Conditions. Generally, funds deposited using the Service will have same day availability subject to case-by -case holds and the new account rules. You...

Related to Express Deposit and Mobile Express Deposit

  • Mobile Deposit The Mobile Deposit feature enables you to use a software application together with your Wireless Access Device to create electronic images of the front and back of certain Original Checks (defined below) and transmit those images and other information, including, without limitation, information captured from the magnetic ink character recognition (“MICR”) line, to us for review and processing in accordance with this Agreement.

  • Mobile Deposit Security You will complete each deposit promptly. If you are unable to complete your deposit promptly, you will ensure that your mobile device remains securely in your possession until the deposit has been completed. It is your responsibility to establish and maintain procedures to safeguard against unauthorized deposits. You will notify us immediately by telephone with written confirmation if you learn of any loss or theft of original checks. You will ensure the safety and integrity of original checks from the time of receipt until the time of destruction. If warranted in our reasonable judgment, we may audit and monitor you, and you agree to cooperate with us to permit such monitoring, to confirm that you have satisfied your obligations under this Agreement.

  • Mobile Deposit Service Pursuant to the terms of this Agreement, you may use the Service to deposit Items to your Account by creating an Image of the Item using a Mobile Device, and transmitting that Image to us for deposit. You may transmit Images to us only from a Mobile Device located in the United States.

  • Online Banking (a) Utilize Bank’s online banking platform for all matters requested by Bank which shall include, without limitation (and without request by Bank for the following matters), uploading information pertaining to Accounts and Account Debtors, requesting approval for exceptions, requesting Credit Extensions, and uploading financial statements and other reports required to be delivered by this Agreement (including, without limitation, those described in Section 6.2 of this Agreement).

  • Online Banking Services We may provide Online Banking Services to you during the Term from time to time as described in this Agreement. You understand and agree that we may, and you authorize us to, provide Online Banking Services through one or more third party vendors. This Agreement does not apply to services provided under separate agreements with third party vendors that do not specifically reference this Agreement or that are not specifically referenced in this Agreement. Please refer to the online help and instructions on how to use our Online Banking Services. Such instructions are part of this Agreement. Please note that during your use of Online Banking Services, we may provide you with additional requirements and limitations regarding the use of Online Banking Services through the system by which we may provide Online Banking Services. You agree to be bound by any and all such additional requirements and limitations. You also agree to be bound by any and all of our published policies and procedures, whether published on the Web Site, through the Online Banking Services, or otherwise. Any and all such policies and procedures shall be a part of this Agreement.

  • Mobile Banking Services Mobile Banking is a personal financial information management service that allows you to access account information and conduct transactions using compatible and supported mobile phones and/or other compatible and supported wireless devices (including phones, "Wireless Devices"). We reserve the right to modify the scope of the Mobile Banking services at any time. We reserve the right to refuse to make any transaction you request through Mobile Banking. You agree and understand that Mobile Banking may not be accessible or may have limited utility over some mobile telephone networks, such as while roaming.

  • ACCESS TO SECURITY LOGS AND REPORTS Upon request, the Contractor shall provide access to security logs and reports to the State or Authorized User in a format as specified in the Authorized User Agreement.

  • Data Privacy and Security Bank will implement and maintain a written information security program, in compliance with all federal, state and local laws and regulations (including any similar international laws) applicable to Bank, that contains reasonable and appropriate security measures designed to safeguard the personal information of the Funds' shareholders, employees, trustees and/or officers that Bank or any Subcustodian receives, stores, maintains, processes, transmits or otherwise accesses in connection with the provision of services hereunder. In this regard, Bank will establish and maintain policies, procedures, and technical, physical, and administrative safeguards, designed to (i) ensure the security and confidentiality of all personal information and any other confidential information that Bank receives, stores, maintains, processes or otherwise accesses in connection with the provision of services hereunder, (ii) protect against any reasonably foreseeable threats or hazards to the security or integrity of personal information or other confidential information, (iii) protect against unauthorized access to or use of personal information or other confidential information, (iv) maintain reasonable procedures to detect and respond to any internal or external security breaches, and (v) ensure appropriate disposal of personal information or other confidential information. Bank will monitor and review its information security program and revise it, as necessary and in its sole discretion, to ensure it appropriately addresses any applicable legal and regulatory requirements. Bank shall periodically test and review its information security program. Bank shall respond to Customer's reasonable requests for information concerning Bank's information security program and, upon request, Bank will provide a copy of its applicable policies and procedures, or in Bank's discretion, summaries thereof, to Customer, to the extent Bank is able to do so without divulging information Bank reasonably believes to be proprietary or Bank confidential information. Upon reasonable request, Bank shall discuss with Customer the information security program of Bank. Bank also agrees, upon reasonable request, to complete any security questionnaire provided by Customer to the extent Bank is able to do so without divulging sensitive, proprietary, or Bank confidential information and return it in a commercially reasonable period of time (or provide an alternative response that reasonably addresses the points included in the questionnaire). Customer acknowledges that certain information provided by Bank, including internal policies and procedures, may be proprietary to Bank, and agrees to protect the confidentiality of all such materials it receives from Bank. Bank agrees to resolve promptly any applicable control deficiencies that come to its attention that do not meet the standards established by federal and state privacy and data security laws, rules, regulations, and/or generally accepted industry standards related to Bank's information security program. Bank shall: (i) promptly notify Customer of any confirmed unauthorized access to personal information or other confidential information of Customer ("Breach of Security"); (ii) promptly furnish to Customer appropriate details of such Breach of Security and assist Customer in assessing the Breach of Security to the extent it is not privileged information or part of an investigation; (iii) reasonably cooperate with Customer in any litigation and investigation of third parties reasonably deemed necessary by Customer to protect its proprietary and other rights; (iv) use reasonable precautions to prevent a recurrence of a Breach of Security; and (v) take all reasonable and appropriate action to mitigate any potential harm related to a Breach of Security, including any reasonable steps requested by Customer that are practicable for Bank to implement. Nothing in the immediately preceding sentence shall obligate Bank to provide Customer with information regarding any of Bank's other customers or clients that are affected by a Breach of Security, nor shall the immediately preceding sentence limit Bank's ability to take any actions that Bank believes are appropriate to remediate any Breach of Security unless such actions would prejudice or otherwise limit Customer's ability to bring its own claims or actions against third parties related to the Breach of Security. If Bank discovers or becomes aware of a suspected data or security breach that may involve an improper access, use, disclosure, or alteration of personal information or other confidential information of Customer, Bank shall, except to the extent prohibited by Applicable Law or directed otherwise by a governmental authority not to do so, promptly notify Customer that it is investigating a potential breach and keep Customer informed as reasonably practicable of material developments relating to the investigation until Bank either confirms that such a breach has occurred (in which case the first sentence of this paragraph will apply) or confirms that no data or security breach involving personal information or other confidential information of Customer has occurred. For these purposes, "personal information" shall mean (i) an individual's name (first initial and last name or first name and last name), address or telephone number plus (a) social security number, (b) driver's license number, (c) state identification card number, (d) debit or credit card number, (e) financial account 22 number, (f) passport number, or (g) personal identification number or password that would permit access to a person's account or (ii) any combination of the foregoing that would allow a person to log onto or access an individual's account. This provision will survive termination or expiration of the Agreement for so long as Bank or any Subcustodian continues to possess or have access to personal information related to Customer. Notwithstanding the foregoing "personal information" shall not include information that is lawfully obtained from publicly available information, or from federal, state or local government records lawfully made available to the general public.

  • Deposit Services 14.1.1 Deposit service implies opening of a deposit account upon the client’s (hereinafter the “depositor”) application and accrual of interest on the funds standing to the credit of such deposit account.

  • Mobile Banking If Mobile Banking is activated for your account(s), you will be required to use secure login information to access the account(s). At the present time, you may use Mobile Banking to: - Deposit checks to your savings and checking accounts. - Withdraw funds from your savings, checking, and money market accounts. - Transfer funds from your savings, checking, and money market accounts. - Obtain balance information for your savings, checking, and money market accounts. - Make loan payments from your savings, checking, and money market accounts. - Determine if a particular item has cleared. - Verify the last date and amount of your payroll deposit. Your accounts can be accessed under Mobile Banking via mobile device or other approved access device(s). Mobile Banking will be available for your convenience 24 hours per day. This service may be interrupted for a short time each day for data processing. We reserve the right to refuse any transaction which would draw upon insufficient funds, exceed a credit limit, lower an account below a required balance, or otherwise require us to increase our required reserve on the account. All checks are payable to you as a primary member and will be mailed to your address of record. We may set other limits on the amount of any transaction, and you will be notified of those limits. We may refuse to honor any transaction for which you do not have sufficient available verified funds. The service will discontinue if no transaction is entered after numerous unsuccessful attempts to enter a transaction and there may be limits on the duration of each access. The following limitations on Mobile Banking transactions may apply: - There is no limit to the number of inquiries, transfers, or withdrawal requests you may make in any one (1) day. - See Section 2 for transfer limitations that may apply to these transactions.

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