Mobile Check Deposit. If enabled by the Bank for your Account, Mobile check deposit ("Mobile Deposit") allows you to make deposits to your Account remotely by using the Mobile App to take a legible picture of the front and back of the negotiable check(s) and transmitting images of such instruments to the Bank in compliance with the Bank’s requirements ("Check Image(s)"). If the Check Image is accepted for deposit, the Bank will notify you electronically using the e-mail address you provided, through the Mobile App, or by postal mail. The Bank will attempt to collect the item by presenting the image or converting the image into a digital representation of the original check ("Substitute Check"). Unlike traditional check deposits, you retain the original paper check when you use Mobile Deposit. Bank is not liable for any Substitute Checks that may become lost in the mail. See “Substitute Check Policy Disclosure” in this Agreement for further information on Substitute Checks. The manner in which Substitute Checks are cleared, presented for payment and deposited will be determined by the Bank, in Bank’s sole discretion which may change, modify, add or remove functionality from Mobile Deposit at any time, with or without notice to you. Mobile Deposit Eligibility. Bank will determine whether you are eligible for the Mobile Deposit. Bank may suspend or terminate your use of Mobile Deposit at any time and without prior notice to you. If you violate the terms of Mobile Deposit, such actions may be used as a basis to terminate your Account. Mobile Deposit Limits. Limits may be imposed on the dollar amount or number of deposits you make through Mobile Deposit, and Bank may change such limits at any time at Bank’s discretion. Bank may decline to accept any Check Image you submit through Mobile Deposit at Bank’s sole discretion. Third-Party Checks. Third-party checks deposited through Mobile Deposit may be rejected. All Check Images submitted for deposit must be payable to you and not to a third-party. Retention of Original Check. Once the funds from the Check Image have been credited to your Account, you must mark the original check as "VOID" and retain it for sixty (60) days. You may not present the original check, or any Substitute Check created from the original check for payment at any other financial institution. During this sixty (60) day period, you must store the original paper check securely using precautions at least as secure as those you would use to protect a blank check. You ...
Mobile Check Deposit. If enabled by Platform for your Account, mobile check deposit ("Mobile Deposit") allows you to make deposits to your Account remotely by using Platform’s Mobile Application to take a legible picture of the front and back of the negotiable check(s) and transmitting images of such instruments to Bank in compliance with Bank’s requirements ("Check Image(s)"). The Bank will attempt to collect the item by presenting the image or converting the image into a digital representation of the original check ("Substitute Check"). Unlike traditional check deposits, you retain the original paper check when you use Mobile Deposit. See Section “Substitute Check Policy Disclosure” for further information on Substitute Checks and Section "Retention of Original Check" below for retention requirements. The manner in which Substitute Checks are cleared, presented for payment and deposited will be determined by the Bank, in Bank’s sole discretion. Platform or Bank may change, modify, add or remove functionality from Mobile Deposit at any time, with or without notice to you. In addition, the following terms and conditions apply to Mobile Deposit:
Mobile Check Deposit. Mobile check deposit enables electronic banking customers using compatible mobile devices to submit images of the front and back of certain checks and transmit them electronically to the Credit Union for deposit into eligible accounts.
Mobile Check Deposit. You can deposit a check using the GCB Online Banking mobile app, your mobile device and your GCB Online Banking login and password.
Mobile Check Deposit. Purdue Federal offers a remote deposit capture service (“Mobile Check Deposit”) to eligible members to make certain check deposits electronically in Mobile Banking by using a capture device to create an electronic image of a paper check payable only in U.S. Dollars and on a U.S. financial institution ("Item") by scanning the Item and transmitting it and related data to us. You are solely responsible for information or data that is transmitted, supplied or key-entered by you, or any person you have authorized. Before you capture the image of any Item, you shall endorse all Items with your signature and print "For PFCU Mobile Deposit Only" below your signature. You agree that after the Item has been imaged and submitted for deposit, you shall not otherwise transfer or negotiate the original Item, substitute check or any other representation thereof. You further agree that you shall be solely responsible for the original Items, including storage, retrieval and destruction of the Items. You agree that the electronic image of the Item or any substitute check, as defined by federal law, will become the legal representation of the Item for all purposes, including return items processing. Please refer to the Funds Availability Policy for consumer accounts in Your Guide to Member Services or the Business Deposits section for business accounts in Your Guide to Member Business Services for more detail on the availability of funds from your deposits. Deposits may be made to your eligible accounts from remote locations by photographing Items within the Mobile Banking application and delivering the images and associated deposit information to Purdue Federal. You agree to pay the fees described in the Fee Schedule that apply to your account. You agree that the image of the check transmitted to us shall be deemed an "Item" within the meaning of Article 4 of the Uniform Commercial Code. We may place daily and monthly limits on the dollar amount of deposits that can be made using Mobile Check Deposit. Only Items less than $10,000 are eligible for deposit using Mobile Check Deposit. We reserve the right to change, suspend or discontinue Mobile Check Deposit, in whole or in part, or your use of the service, in whole or in part. If the electronic files and/or images transmitted to us with respect to any Item do not comply with our processing requirements for content and/or format, we may, in our sole discretion: a) further transmit the Item and data in the form received from y...
Mobile Check Deposit. To the extent the Services include functionality enabling you to present an image of a legal representation, as defined by federal law, of a negotiable instrument ("check") to be deposited into your American Bank checking or savings account electronically ("MCD Services"), the following supplemental terms and conditions shall also apply:
i. You must only use current Software made available by American Bank through designated channels.
ii. You are responsible for all the data submitted through the MCD Services, which must accurately represent the information on the original check(s).
iii. You agree that the electronic image of the item submitted to the American Bank, as defined by federal law, is a legal representation of the check for all purposes, including return check processing.
iv. You may experience technical or other difficulties when using the MCD Services, and neither American Bank nor Provider assumes any liability for any technical or other difficulties you encounter.
v. American Bank and Provider reserve the right to change, suspend, or revoke services immediately and at any time without prior notice to you. In the event this Service is not available to you, you acknowledge that you can attempt to deposit a check at an American Bank branch location, through a participating ATM, or by mail.
vi. Only American Bank checking and savings accounts are eligible for the MCD Services.
vii. American Bank may charge a usage fee for MCD Services and reserve the right to start charging for MCD Services at any time.
viii. If an item you transmit for deposit is dishonored, rejected, or otherwise returned unpaid, you agree that American Bank may charge back the amount of the return to the account the check was initially deposited to and assess a fee in the amount shown on American Bank's current Schedule of Fees and Charges for a returned check. If there are not sufficient funds in your account to cover the amount of the returned check, the account will be overdrawn, and you will be responsible for payment. American Bank may debit any account maintained by you to obtain payment of your obligations under these Mobile Banking User Terms.
ix. You acknowledge that wireless providers may assess or impose fees, limitations, or restrictions. You agree that you are solely responsible for all such fees, limitations, and restrictions, and that American Bank may contact you via your wireless device for any purpose concerning your banking relationship with us, including, ...
Mobile Check Deposit. Mobile Check Deposit, which is available only through our Mobile App, allows you to make deposits to your eligible Credit Union accounts from home or other remote location by photographing the fronts and backs of the checks using a camera-ready mobile device and delivering the images and associated deposit information to the Credit Union electronically. Your mobile device must meet our hardware and software specifications, and the camera on your mobile device must meet certain resolution requirements. These requirements and specifications may change from time to time and are detailed elsewhere in this section of the Agreement.
Mobile Check Deposit. 1. Description of Service and Consent You can make deposits to the Bank Account at no cost remotely by using the Mobile App to take a legible picture of the front and back of the negotiable check(s) and transmitting images of such instruments to us in compliance with our requirements ("Check Image(s)"). If the Check Image is accepted for deposit, we will notify you electronically. The Bank will then attempt to collect the item by presenting the image or converting the image into a digital representation of the original check ("Electronic Check"). Unlike traditional check deposits, you retain the original paper check when you use Mobile Check Deposit. See the paragraph captioned "Retention of Original Check" for retention requirements. The manner in which Electronic Checks are cleared, presented for payment and deposited will be determined by the Bank, at our sole discretion. We may change, modify, add, or remove functionality from Mobile Check Deposit at any time, with or without notice to you. We will determine whether you are eligible for the Mobile Check Deposit feature at our sole discretion. Please note that your mobile carrier may charge you for sending and receiving data to upload Check Images using the Mobile App. Limits may be imposed on the dollar amount or number of deposits you make through Mobile Check Deposit, which Varo reserves the right to modify as we deem necessary, including based on your account activity.
Mobile Check Deposit. You may use Mobile Check Deposit to deposit items to your Account by creating an image of the item using an Mobile Check Deposit Device, and transmitting that image to us for deposit by means of your Mobile Banking Log On, User ID and Password. You may transmit images to us only from a Mobile Check Deposit Device located in the United States. Although the Credit Union’s Electronic Funds Transfer Disclosure governs your use of Mobile Banking and your User ID and Password as they relate to certain features or functions of Mobile Banking, the Electronic Funds Transfer Disclosure does not govern the Mobile Check Deposit or transactions conducted through the Mobile Check Deposit. You agree to endorse any item transmitted through the Service with your signature and adding the restrictive endorsement “For Mobile Check Deposit only, Keys Federal Credit Union account # ” or as otherwise instructed by us, prior to transmission of the item. You agree to follow any and all other procedures and instructions for use of the Service as we may establish from time to time. You agree Credit Union may, in its sole discretion and without prior notice to you, reject items not endorsed as set forth herein or as otherwise established by us from time to time. You may complete more than one Mobile Check Deposit as long as the maximum Mobile Check Deposit limit is not exceeded.
Mobile Check Deposit. This Bank Account Agreement (the “Bank Account Agreement”) dictates the terms of your demand deposit account (“Varo Bank Account” or “Bank Account”) available from Varo Bank, N.A. (the “Bank,” “Varo,” or “Varo Bank”), member of the Federal Deposit Insurance Corporation (“FDIC”). The Bank Account consists of this demand deposit account and is also known as a checkless checking account which can be used to make payments and transfers to third parties online or through the use of a Varo Visa® Debit Card (the "Card" or the “Debit Card”) that is issued with the Bank Account. “We,” “our,” and “us” refer to the Bank, our successors, affiliates or assignees. When we say “you” or “your” we mean the owner of the Varo Bank Account. By providing an electronic signature or opening or holding an a Bank Account with us, you agree to the most recent version of this Bank Account Agreement, which is available to you at xxxxx://xxx.xxxxxxxxx.xxx/policies/, or within the Varo Mobile Application (the "Mobile App") or the Varo Web Application (the “Web App”), collectively (the “App”).
A. Bank Account Agreement
