Handling of Items. We act only as a collecting agent for any items deposited. Any deposit that we accept will be provisional and will be subject to subsequent payment verification. We are not responsible for any deposit or other transaction initiated by mail until the item is actually received. We will not be responsible for any deposit or other transaction made through the use of our night depository or any other unattended facility until the item or items are actually removed from the depository or facility by our personnel. We will not be responsible for any deposit or other transaction during the course of delivery to us by any courier or other third party until the item or items are actually received by our personnel. We have the right to endorse all checks payable to you for deposit into your Account. We will not be liable for the negligence of any correspondent bank or institution nor for any loss incurred in transit when items are forwarded to correspondents. We will not be liable for any delay as a result of any interruption of communication facilities or any other circumstances beyond our control. You agree to bear the risk of any change in the exchange rate with respect to any items that may be payable in foreign currency. You agree that we may charge back any item before payment without notice, regardless of whether the item has been returned. You agree that, if a check that has been deposited to your Account or cashed by you at the Credit Union is subsequently returned based upon a breach or alleged breach of any transfer warranty, presentment warranty, or otherwise, we may charge back the amount of any such item to your Account at any time without notice. You agree that we may resubmit an item that has been returned to us for payment, and you waive notice that an item has been dishonored or charged back against your Account. You also agree that, if we are charged a fee by any other institution in connection with any of your Accounts that fee expense may be charged to your Account. Requesting a hold on any deposit will not alter or release you from your responsibilities for that item. An item can be returned unpaid for up to three years for fraud or forgery. Acceptance of your deposit does not guarantee collectability.
Handling of Items. We act only as a collecting agent for any items deposited.Any deposit that we accept will be provisional and will be subject to subsequent payment verification. Just because we have made funds from a deposited check or other item available for withdrawal does not mean that the item is “good,” has “cleared,”
Handling of Items a. Bank requires an account signature card on file with the Account Holder’s signature.
b. Bank acts only as Account Xxxxxx’s collecting agent for items deposited, and assumes no responsibility beyond its exercise of ordinary care. Bank accepts deposits subject to the subsequent verification of the deposit. All items are credited subject to final payment to Bank in cash or solvent credits at its office. Bank may, subject to the Bank’s Funds Availability Policy, withhold all or part of the proceeds of any deposit until final payment is received in cash or solvent credits. No item in the deposit shall be deemed finally paid because a portion of the deposit is deducted and withdrawn in cash.
c. Bank may forward items to correspondents. It shall not be liable for default or negligence of correspondents selected with ordinary care, nor for losses in transit. Each correspondent shall be liable for its own negligence. Items and their proceeds may be handled by any correspondent bank, Federal Reserve Bank or clearing house in accordance with any applicable rule, common usage, policy, procedure or any other lawful practice.
d. Bank shall not be liable to Account Holder for any loss caused by payment of a postdated item before its date. If Account Holder wishes to impose special restrictions on the face of items with respect to payment of such items (e.g., maximum amount or date of payment), such restrictions will not be effective unless the Account Holder has given prior written notice to Bank, and Bank has agreed in writing to the instructions.
e. Bank is under no obligation to pay a check, other than a certified check, which is presented more than six (6) months after its date, but Bank may charge Account Holder’s account for a payment made thereafter in good faith.
f. For applicable accounts, Bank will retain copies of items. Copies of retained items will be available to Account Holder upon request to Bank at a nominal fee.
g. Bank is authorized to pursue collection of previously dishonored items, and in so doing it may permit the payor
Handling of Items. The Participating Racetracks, their bank service providers, the Clearing Bank, InCompass and their respective agents and service providers act only as collecting agents for items credited, and assume no responsibility beyond their exercise of ordinary care. Participating Racetracks, their service provider banks and the Clearing Bank accept wires and other Funds Transfers subject to the subsequent verification of the funds. All items are credited subject to final payment in cash or solvent credits. A Participating Racetrack, its service provider
Handling of Items. We reserve the right to refuse any item for deposit into your Account. We act only as a collecting agent for any items deposited. Any deposit that we accept will be provisional and will be subject to subsequent payment verification. If accepted, items drawn on financial institutions located outside of the United States are handled on a collection basis only. We reserve the right to send any other item on a collection basis only. Just because we have made funds from a deposited check or other item available for withdrawal does not mean that the item is “good,” has “cleared,” or has been paid by the paying bank. It is possible that a deposited item will be returned unpaid months after we have made the funds available and you have withdrawn the funds. You are responsible for all items returned on your Account, and you acknowledge that no one, including our employees, can guarantee that a
Handling of Items. The Credit Union acts only as a collecting agent for any items deposited. Any deposit we accept shall be provisional and will be subject to subsequent payment verification. We are not responsible for any deposit or other transaction initiated by mail until the item or order is actually received. If accepted, items drawn on financial institutions located outside of the United States are handled on a collection basis only. Even if we have made funds from a deposited check or other item available for withdrawal that does not necessarily mean the item has been paid by the issuing financial institution. It is possible a deposited item can be returned unpaid after we have made the funds available and you have withdrawn the funds. You are responsible for all items returned on your Account and any associated fees. You acknowledge that no one, including our employees, can guarantee a check or other item you deposit will not be returned. We will not be responsible for any deposit or other transaction made through the use of our
Handling of Items. We will handle Items as specified below:
a. We will image all Items received through the Lockbox and retain copies of such Items in accordance with our document retention policies or for such longer period as required by Applicable Law. Once we destroy the documents and remittance materials, the images that we capture during their processing will be the only source of information about their contents. We will have no liability for any missed image or if any image we capture is not legible. We shall have no responsibility for any failure to maintain or provide a record if we are unable to do so by reason of oversight, film or equipment failure or any other circumstances.
b. We will stamp all Items received through the Lockbox with an endorsement on your behalf stating the following: “For Deposit only to: (customer name).” We will not inspect any Item for the drawer’s signature or date or for restrictive or conditional clauses or endorsements, including, without limitation, statements such as "paid in full" or similar language, or Items with qualifications of conditions, including, without limitation, statements such as "void if not paid in 30 days", "interest only" or "endorsement acknowledges accord and satisfaction." We will have no liability for, and you assume all risks and liabilities resulting from and will hold us harmless and indemnify us for all losses, costs and expenses resulting from, our processing any Item for deposit to the Lockbox Account that that does not include an effective drawer’s signature or that contains (or the terms of such Item or the timing of its deposit is inconsistent with) any such restrictive or conditional clauses or endorsements.
c. We will deposit Items received through the Lockbox bearing differences in written and numerical amounts in accordance with our established procedures, in our discretion.
d. We will return incomplete Items received through Lockbox to you, unless otherwise indicated by you and documented on your Treasury Service Data Supplement Form, and agreed to by us.
e. Items received through Lockbox returned to us as uncollected funds, as a result of missing endorsements or otherwise will be returned to you, unless otherwise indicated by you on your Treasury Service Data Supplement Form, and agreed to by us.
f. We will re-deposit Items received through the Lockbox returned to us for reasons of "Refer to Maker" or "non-sufficient funds" or words or similar import.
g. We will return to you Items received thro...
