Common use of Keeping and Destroying Checks After Imaging Clause in Contracts

Keeping and Destroying Checks After Imaging. Upon your receipt of a confirmation from us that we received an image you transmitted, you agree to retain the check for no more than 30 calendar days from the date of the image transmission. After 30 days, you must destroy the check, xxxx it "VOID", or otherwise render it incapable of further transmission, deposit, or presentment. During the time you retain the check, you must (1) promptly provide it to us upon request, (2) keep it secure against loss, theft, misplacement or accidental redeposit or transfer, and (3) not intentionally or accidentally redeposit or transfer the item. You agree to indemnify us, hold us harmless, and defend us against any damages, claims or losses suffered or alleged by any person arising from the check (or a substitute check therefore) being deposited, negotiated, purchased or transferred after your remote deposit. Intentional, knowing or reckless use of the check after remote deposit may constitute fraud and/or criminal offense.

Keeping and Destroying Checks After Imaging. Upon your receipt of a confirmation from us that we received an image you transmitted, ; you agree to retain the check for no more than 30 calendar days from the date of the image transmission. After 30 days, you must destroy the check, xxxx it "VOID", or otherwise render it incapable of further transmission, deposit, or presentment. During the time you retain the check, you must (1) promptly provide it to us upon request, (2) keep it secure against loss, theft, misplacement or accidental redeposit or transfer, and (3) not intentionally or accidentally redeposit or transfer the item. You agree to indemnify us, hold us harmless, and defend us against any damages, claims or losses suffered or alleged by any person arising from the check (or a substitute check therefore) being deposited, negotiated, purchased or transferred after your remote deposit. Intentional, knowing or reckless use of the check after remote deposit may constitute fraud and/or criminal offense.

Keeping and Destroying Checks After Imaging. Upon your receipt of a confirmation from us that we received an image you transmitted, you agree to retain the check for no more than 30 calendar days from the date of the image transmission. After 30 days, you must destroy the check, xxxx it "VOID", or otherwise render it incapable of further transmission, deposit, or presentment. During the time you retain the check, you must (1) promptly provide it to us upon request, (2) keep it secure against loss, theft, misplacement or accidental redeposit or transfer, and (3) not intentionally or accidentally redeposit or transfer the item. You agree to indemnify us, hold us harmless, and defend us against any damages, claims or losses suffered or alleged by any person arising from the check (or a substitute check therefore) being deposited, negotiated, purchased or transferred after your remote deposit. Intentional, knowing or reckless use of the check after remote deposit may constitute fraud and/or criminal offense.. 12.7