Information Regarding Mobile RDC Transactions Sample Clauses

Information Regarding Mobile RDC Transactions. Subject to the terms and conditions herein, Customer subscribes to, and FBB agrees to provide, the Mobile Remote Deposit Capture (“RDC”) Service to be used by Customer in accordance and in compliance with the Check Clearing for the 21st Century Act (“Check 21 Act”). The Mobile RDC Service enables you to create and submit electronic check images (also known as Image Replacement Documents (“IRD”)) to FBB, for deposit to your personal or business deposit account(s), as applicable, in lieu of the Original Checks (as defined herein) from which such RDC images were obtained. The dollar amount limits and daily number of transaction limits for RDC shall be determined by the Bank in is sole discretion. Customer should visit the FBB website at xxx.xxxxxxxxxxxxxx.xxx or talk to their FBB Personal Banking Representative for information regarding dollar limit and daily number of transaction restrictions. Items exceeding Customer’s daily limit must be delivered to FBB via mail for processing or held until the next Business Day for transmittal. For the purposes of this section and other provisions relating to the Mobile RCC Service, any capitalized term not otherwise defined herein has the definition ascribed to it under the Check21 Act. If you have met, in our sole discretion, the conditions we have established for use of Mobile RDC Services to make deposits via Electronic Images, we will provide for acceptance for deposit to your account(s) the Electronic Images of Original Checks for collection as allowed under this Agreement and the Documentation. By depositing Electronic Images with FBB via the Mobile RDC Services, you give us the same warranties and indemnities that we, as a reconverting bank, would give under applicable law or regulation. You understand and acknowledge that all of the warranties deemed given by a depositor of a check to a bank under the Uniform Commercial Code (“UCC”), as applicable from time to time in the State of Nevada, shall also apply to any Electronic Image of an Original Check the same as if such Electronic Image or Substitute Check were a paper check within the meaning of the UCC as adopted by the State of Nevada (“Nevada UCC”). Accordingly, except to the extent that any warranties deemed given under the Nevada UCC are expressly superseded by the Check 21 Act or the Check 21 regulations, you understand that you are deemed to give us all the same warranties you would have given under the Nevada UCC for the deposit of an Original Check by t...
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Related to Information Regarding Mobile RDC Transactions

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