Common use of Ineligible Items Clause in Contracts

Ineligible Items. You agree that you will not use Mobile Deposit to deposit checks or items that: • Are payable to any person or entity other than you (i.e., payable to another party and then endorsed to you). • Are payable to you and another party who is not a joint owner on the account. • Are drawn on a financial institution located outside the United States. • Are not payable in United States currency. • Are dated more than 6 months prior to the date of deposit. • Are subject to a stop payment order or for which there are insufficient funds. • Are drawn or otherwise issued by you or any other person on any of your accounts or any account on which you are an authorized signer or joint account holder. • Contain evidence of alteration, or that 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. • Are money orders, savings bonds, or traveler’s cheques. • Have been previously converted to a substitute check, as defined in Regulation CC. • Are remotely created checks, as defined Regulation CC. • Have been returned for any reason. • Have previously been submitted through Mobile Deposit service or through an electronic deposit delivery service offered at any financial institution.