Internal Controls and Audit. I understand and agree to adhere to the Internal Controls as described in this agreement and further detailed within this section. Furthermore, I agree to comply with the Audit requirements prescribed by the Credit Union within this Agreement.
Internal Controls and Audit. I understand and agree to adhere to the Internal Controls as described in this agreement and further detailed within this section. Furthermore I agree to comply with the Audit requirements prescribed by the Credit Union within this Agreement. You reserve the right to conduct a physical inspection of the appropriate areas affecting the areas of operation described in this agreement. You may review any pertinent area that may affect Remote Deposit Capture, both in the posting of deposits along with the affected areas including my general accounting and ledger systems, physical security and background of those to whom I have granted access to, and the areas affecting their transactions. Accountholder’s Warranties. I make the following warranties and representations with respect to each image of an original check I transmit to you utilizing the Services:
Internal Controls and Audit. I understand and agree to adhere to the Internal Controls as described in this agreement and further detailed within this section. Furthermore I agree to comply with the Audit requirements prescribed by the Bank within this Agreement. Upon receipt of a confirmation from the Bank that we have received the image of the item, I agree to prominently xxxx the item as “Electronically Presented” or “Void” and never represent the item. Customer’s Warranties I make the following warranties and representations with respect to each image of an original check I transmit to you utilizing the Services: • Each image of a check transmitted to you is a true and accurate rendition of the front and back of the original check, without any alteration, and the drawer of the check has no defense against payment of the check; • The amount, the payee, signature(s), and endorsement(s) on the original check are legible, genuine, and accurate; • I will not deposit or otherwise endorse to a third party the original item (the original check) and no person will receive a transfer, presentment, or return of, or otherwise be charged for, the item (either the original item, or a paper or electronic representation of the original item) such that the person will be asked to make payment based on an item it has already paid; • Other than the digital image of an original check that I remotely deposit through your Services, there are no other duplicate images of the original check; • I have instituted procedures to ensure that each original check was authorized by the drawer in the amount stated on the original check and to the payee stated on the original check; • The information I provided in my Application remains true and correct and, in the event any such information changes, I will immediately notify you of the change; • I have not knowingly failed to communicate any material information to you; • I have possession of each original check deposited using the Services and no party will submit the original check for payment; • Files and images transmitted to you will contain no viruses or any other disabling features that may have an adverse impact on your network, data, or related systems.
Internal Controls and Audit. 14.1. The Participant shall install and maintain suitable systems, audit and control measures including setting up of separate internal controls and an audit department inter alia for regularly reviewing his/its internal operations ensuring due compliance and maintaining the integrity and confidentiality of data transmitted to CDSL as may be laid down under the Bye Laws and Operating Instructions.
Internal Controls and Audit. You understand Mobile Deposit limits may change at any time without prior notification. Furthermore you understand that Transportation Federal Credit Union reserves the right to revoke this service, reject or adjust any deposits upon submission of the scanned items.
Internal Controls and Audit. You understand and agree to adhere to the Internal Controls as described in this agreement and further detailed within this section:
Internal Controls and Audit. You understand and agree to adhere to the Internal Controls as described in this agreement. Furthermore, you agree to comply with the Audit requirements prescribed by the Financial Institution within this Agreement.
Internal Controls and Audit. 12. Within 90 days of this Agreement, the Bank shall submit written policies and procedures acceptable to the Reserve Bank and the KDFI to strengthen the Bank’s internal controls and audit that shall, at a minimum, address, consider, and include: (a) dual controls;
Internal Controls and Audit. You understand and agree to adhere to the Internal Controls as described in this agreement and further detailed w ithin this section. Furthermore you agree to comply w ith the Audit requirements prescribed by Coast360 w ithin this Agreement.
Internal Controls and Audit. 14.1. The Repository Participant shall install and maintain suitable systems, audit and control measures including setting up of separate internal controls and an audit department inter alia for regularly reviewing his/its internal operations ensuring due compliance and maintaining the integrity and confidentiality of data transmitted to CCRL as may be laid down under the Bye Laws and Business Rules.
