Items Eligible for Deposit. You agree to only image and deposit original checks, as defined in Regulation CC and the Check 21 Act (“Eligible Checks”), which are properly payable to the owner of the account (“Account Holder”) and contain the drawer’s signature. The following types of checks are not Eligible Checks: • Savings Bonds • Checks drawn on a financial institution located outside the United States • Checks not payable in United States Currency • Checks previously converted to an image replacement document, or substitute check, as defined in Regulation CC • Checks payable to any person other than the Account Holder of the account into which the check will be deposited • Checks containing any alteration which you know or believe to be fraudulent or not authorized by the owner of the account on which the check is drawn • Checks payable jointly, unless deposited into an account in the name of all payees. If the check is made jointly to the account holder and another entity who is not the account owner, the check is NOT eligible for mobile deposit and must be taken into the bank for deposit. • Checks dated more than six (6) months prior to the date of deposit (stale dated checks) • Checks or items prohibited by the Bank’s current procedures relating to Mobile Deposit or which are otherwise not acceptable under the terms and conditions governing the account • Checks payable on sight or payable through Drafts, as defined in Regulation CC • Checks with any endorsement on the back other than specified in this Agreement • Checks that have previously been submitted or deposited through Mobile Deposit or through a remote deposit capture service offered at any other financial institution • Checks previously submitted for deposit and returned • Post-dated checks • Checks that have previously been deposited with us or at any other financial institution
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Samples: Digital Services Agreement
Items Eligible for Deposit. You agree to only image scan and deposit original only “checks, ’ as the term is defined in Federal Reserve Regulation CC and (Reg. CC). When the Check 21 Act (“Eligible Checks”), which are properly payable image of the check transmitted to the owner credit union is converted to an Image Replace Document for subsequent presentment and collection, it shall thereafter bee deemed an “item” within the meaning of Articles 3 and 4 of the account (“Account Holder”) Uniform Commercial Code. You agree not to scan and contain deposit any of the drawer’s signature. The following types of checks are not Eligible Checksor other items which shall be considered ineligible items: • Savings Bonds • Checks drawn on a financial institution located outside the United States • Checks not payable in United States Currency • Checks previously converted to an image replacement document, or substitute check, as defined in Regulation CC • Checks Third party checks – checks payable to any person or entity other than the Account Holder of person or entity that owns the account into in which the check will be deposited • Checks is being deposited. Altered checks – checks containing any an alteration on the front of the check or item, or which you know or believe to be suspect, or should know or suspect, are fraudulent or otherwise not authorized by the owner of the account on which the check is drawn • drawn. Checks payable jointly, unless deposited into an account in the name of all payees. If Checks previously converted to a substitute check as defined in Reg. CC Checks that are remotely created checks, as defined in Reg. CC. Checks not payable in U.S. Currency. Checks drawn on a financial institution located outside the check is made jointly to the account holder and another entity who is not the account owner, the check is NOT eligible for mobile deposit and must be taken into the bank for depositUnited States. • Checks dated more than six (6) 6 months prior to the date of deposit (stale dated checks) • dated). Checks or items prohibited by Credit Union of America under the Bank’s current procedures relating to Mobile Deposit or which are otherwise not acceptable under the terms and conditions governing the account • Checks payable on sight or payable through Drafts, as defined in Regulation CC • of your current membership agreement. Checks with any endorsement on the back other than what is specified in this Agreement • agreement. Site drafts or payable through Drafts as defined in Reg. CC. Checks that have previously been submitted or deposited through Mobile Deposit SnapCheck or through a the remote deposit capture service services offered at any other financial institution • Checks previously submitted for deposit and returned • Post-dated checks • Checks that have previously been deposited with us or at by any other financial institution. Checks or items drawn or issued by the U.S. Treasury Department. Checks that are in violation of any federal or state law, rule, or regulation. You agree to restrictively endorse any item transmitted through SnapCheck as “For Mobile Deposit Only” and sign your name. You agree to follow any and all other procedures and instructions for use of SnapCheck as Credit Union of America may establish from time to time.
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Items Eligible for Deposit. You agree 4.1 Member agrees to only image and deposit original checks, checks as defined in Regulation CC and in the Check 21 Clearing for the 21st Century Act (“Eligible Checks”). The eligible items must be properly endorsed per this “Agreement’s” definition of a proper endorsement, which are properly payable to is located in the owner “Overview and definitions” portion of the account (“Account Holder”) and contain the drawer’s signature. this agreement.
4.2 The following types of checks or items are not Eligible Checksconsidered eligible and will not be considered for deposit: • Traveler’s Checks Savings Bonds • Checks drawn on a financial institution located outside the United States • Checks not payable in United States Currency • Checks previously converted to an image replacement document, or substitute check, as defined in Regulation CC • Checks that are payable to any person person/entity other than the Account Holder holder of the account into in which the check will be deposited • deposited. Checks containing any alteration which you know or believe to be fraudulent or not authorized by the owner of the account on which the check is drawn • Checks that are payable jointly, unless deposited into to an account in the name of which all payeespayees are co-account holders. If the check is made jointly to the account holder and another entity who is not the account owner, the check is NOT eligible for mobile deposit and must be taken into the bank for deposit. • Checks that are dated more than six (6) months prior to the date of deposit. Checks that are drawn on a financial institution that is located outside of the United States. Checks that are not paid specifically in United States currency. Checks that have previously been converted into a substitute check or an image replacement, as defined in Regulation CC. Checks that are remotely created checks, as defined in Regulation CC. Checks containing an alteration to any of the fields on both the front or back of the item, or a situation in which the member know, or suspects fraudulent practices, or the check is not authorized by the account holder of the account on which the check is drawn. Checks that are payable on sight or through drafts, as defined in Regulation CC. Checks previously submitted for deposit (stale dated checkseither remotely or on site at the Credit Union) • and returned. Checks that have been submitted previously, or deposited through the Remote Deposit Capture service at the Credit Union or another financial institution. Checks with any endorsement on the back that is other than described in the “Overview and Definitions” section of this disclosure. Checks or items prohibited by the BankCredit Union’s current procedures relating with relation to Mobile the Remote Deposit service, or which are otherwise not acceptable under the terms Terms and conditions governing the account • Checks payable on sight or payable through Drafts, as defined in Regulation CC • Checks with any endorsement on the back other than specified in this Agreement • Checks that have previously been submitted or deposited through Mobile Deposit or through a remote deposit capture service offered at any other financial institution • Checks previously submitted for deposit and returned • Post-dated checks • Checks that have previously been deposited with us or at any other financial institutionConditions of your Sheridan Community Federal Credit Union account.
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Items Eligible for Deposit. You agree to only image and deposit original checks, as defined in Regulation CC and the Check 21 Act (“Eligible Checks”), which are properly payable to the owner of the account (“Account Holder”) and contain the drawer’s signature. The following types of checks are not Eligible Checksaccepted by PSB: • Savings Bonds • Bonds; Checks drawn on a financial institution located outside the United States • States; Checks not payable in United States Currency • currency; Checks previously converted to an image replacement document, or substitute check, as defined in Regulation CC • CC; Checks payable to any person other than the Account Holder of the account into which the check will be deposited • deposited; Checks containing any alteration which you know or believe to be fraudulent or not authorized by the owner of the account on which the check is drawn • drawn; Checks payable jointly, unless deposited into an account in the name of all payees. If the check is made jointly to the account holder Account Holder and another entity who is not the account owner, the check is NOT eligible for mobile deposit and must be taken into the bank for deposit. • ; Checks dated more than six (6) months prior to the date of deposit (stale dated checks) • ); Checks or items prohibited by the Bank’s PSB current procedures relating to Mobile Deposit or which are otherwise not acceptable under the terms and conditions governing the account • account; Checks payable on sight or payable through Drafts, as defined in Regulation CC • CC; Checks with any endorsement on the back other than specified in this Agreement • Agreement; Checks that have previously been submitted or deposited through Mobile Deposit or through a remote deposit capture service offered at any other financial institution • institution; Checks previously submitted for deposit and returned • Post-dated checks • returned; Post‐dated checks; Checks that have previously been deposited with us or at any other financial institution;
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Samples: Digital Services Agreement