Common use of Handling of Electronic Represented Checks Clause in Contracts

Handling of Electronic Represented Checks. If BNY Mellon receives an electronic represented Check from the depositor or the depositor’s bank via Bank, BNY Mellon will pay or return the electronic represented Check as if the original paper Check were being represented to it. The part of this Agreement titled “Electronic Fund Transfers” will not apply to any electronic represented Check.

Appears in 4 contracts

Samples: www.stifel.com, Stifel Account, Stifel Account

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Handling of Electronic Represented Checks. If BNY Mellon receives an electronic represented Check from the depositor or the depositor’s bank via Bank, BNY Mellon Xxx- xxx will pay or return the electronic represented Check as if the original paper Check were being represented to it. The part of this Agreement titled “Electronic Fund TransfersTrans- fers” will not apply to any electronic represented Check.

Appears in 2 contracts

Samples: Stifel Account, Stifel Account

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