Common use of Maintenance and Destruction of Original Check Clause in Contracts

Maintenance and Destruction of Original Check. Customer shall securely store all original Checks for a period of thirty (30) days after Customer has received notice from Bank that the File containing the images of such Checks has been accepted. Customer shall take appropriate security measures to ensure that: (a) only authorized personnel shall have access to original Checks, (b) the information contained on such Checks shall not be disclosed, (c) such Checks will not be duplicated or scanned more than one time and (d) such Checks will not be deposited or negotiated in any form. Customer shall also implement proper security and internal controls to ensure the confidentiality of any information that is considered to be confidential personal information that is retained by Customer. Customer will use commercially reasonable methods of destruction. At Bank’s request, Customer shall provide the original paper Check to Bank within five (5) Business Days, if the original paper Check has not been destroyed by Customer and Bank needs the original paper Check to process a payment or resolve a dispute.

Maintenance and Destruction of Original Check. Customer shall securely store all original Checks for a period of thirty (30) days after Customer has received notice from Bank that the File containing the images of such Checks has been accepted. Customer shall take appropriate security measures to ensure that: : (a) only authorized personnel shall have access to original Checks, , (b) the information contained on such Checks shall not be disclosed, (c) such Checks will not be duplicated or scanned more than one time and (d) such Checks will not be deposited or negotiated in any form. Customer shall also implement proper security and internal controls to ensure the confidentiality of any information that is considered to be confidential personal information that is retained by Customer. Customer will use commercially reasonable methods of destruction. At Bank’s request, Customer shall provide the original paper Check to Bank within five (5) Business Days, if the original paper Check has not been destroyed by Customer and Bank needs the original paper Check to process a payment or resolve a dispute.

Maintenance and Destruction of Original Check. Customer shall securely store all original Checks for a period of thirty fourteen (3014) days after Customer has received notice from Bank that the File containing the images of such Checks has been accepted. Customer shall take appropriate security measures to ensure that: (a) only authorized personnel shall have access to original Checks, (b) the information contained on such Checks shall not be disclosed, (c) such Checks will not be duplicated or scanned more than one time and (d) such Checks will not be deposited or negotiated in any form. Customer shall also implement proper security and internal controls to ensure the confidentiality of any information that is considered to be confidential personal information that is retained by Customer. Customer will use commercially reasonable methods of destruction. At Bank’s request, Customer shall provide the original paper Check to Bank within five (5) Business Days, if the original paper Check has not been destroyed by Customer and Bank needs the original paper Check to process a payment or resolve a dispute.