Common use of Failed Transactions Clause in Contracts

Failed Transactions. When using Mobile Deposit, if the electronic files and/or images transmitted to us with respect to any Item do not comply with our processing requirements for content and/or format, we may, in our sole discretion: A. Further transmit the Item and data in the form received from you; B. Repair or attempt to repair the Item or data and then further transmit it; C. Process the Item as photocopies in lieu of originals; D. Process the Item as an ACH transaction; or E. Return the data and Item to you unprocessed and charge back your account. We are not responsible for Items we do not receive or for images that may fail during transmission. An image of an Item shall be deemed received when you receive a confirmation from us that we received the image. Receipt of such confirmation does not mean that the transmission was error free or complete.

Appears in 4 contracts

Samples: Electronic Records Disclosure & Agreement, Electronic Records Disclosure & Agreement, Electronic Records Disclosure & Agreement

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