Official Checks. The purchase of an Indemnity Bond will be required before any official check of this Credit Union will be replaced or refunded in the event it is lost, misplaced or stolen.
Official Checks. You may not as a matter of right place a stop payment order on a check guaranteed by us for payment, such as a certified check or cashier’s check. If such an instrument has been lost, stolen, or destroyed, you and/or the payee may, under certain circumstances, be allowed to place a stop payment order by completing a “Stop Payment Affidavit and Agreement” form and purchasing an indemnity bond. We may require that you wait ninety (90) days before reissuing the check or reimbursing you.
Official Checks. If you seek to return any official check or like item after it is issued to you or another, then you agree we may treat such items as “lost, stolen or destroyed” under the Uniform Commercial Code and reimbursement may not be made for 91-days from the date issued.
Official Checks. You may not place a stop payment on any certified, cashier’s, teller, or official check guaranteed by the credit union. You may however request a replacement check for a lost, stolen or destroyed credit union check. In most cases, a replacement check may not be issued until 90 days from the original date of the check.
Official Checks. SELLER WILL PROVIDE ACCURATE AND TIMELY REPORTING. REPORTS OF THE OFFICIAL CHECK PROGRAM ARE REQUIRED TO BE IN BUYER DEFINED PC FORMAT. REQUIRED REPORTS INCLUDE, BUT ARE NOT LIMITED TO, THE FOLLOWING: - MONTHLY SUMMARY ANALYSIS - ORDER ANALYSIS REPORT - OFFICIAL CHECK BREAKDOWN REPORT - PRICES VS. QUANTITY REPORT - STATUS REPORTS ON ALL ORDERS TO DATE AND PRICING - DAILY REPORT OF RUSH ORDERS AND THEIR STATUS - HISTORICAL REPORTS BY TYPE, QUANTITY AND DATE PRODUCED - SERVICE LEVEL REPORTS AS REQUESTED BY BUYER
Official Checks. Seller is required to transmit proofs electronically. All orders printed four color or less on standard white official check stock with quantities up to 20,000 to ship with 10 working days after proof approval or electronic entry of exact repeats. Buyer reserves the right to prioritize the sequence of Buyer's orders. All orders printed for four color or less on standard white official check stock with quantities over 20,000 but less than 50,000 will ship within 15 working days after proof approval or electronic entry of exact repeats. Buyer reserves the right to prioritize the sequence of Buyer's orders for print production. All orders printed for four colors or less on standard white official check stock with quantities over 50,000 and/or extra wide forms in OC-7 classification may require additional lead times not exceed longer than 20 working days. All orders printed process color, more than four color, or non standard papers may require additional lead times, not to exceed longer than 20 working days. Delivery requirements of less than 10 working days must have pre-authorization approval and will be subject to print upcharges. Both new and repeat orders will be transmitted to Seller via an electronic order entry system supplied by Buyer's automated systems.
Official Checks. Seller will provide accurate and timely reporting. Reports of the official check program are required to be in Buyer defined PC format. Required reports include, but are not limited to, the following: - Monthly summary analysis - Order analysis report - Official check breakdown report - Prices vs. quantity report - Status reports on all orders to date and pricing - Daily report of rush orders and their status - Historical reports by type, quantity and date produced - Service level reports as requested by Buyer
Official Checks. You may not stop payment on any official check, certificate check, or any other check, draft, or payment issued or guaranteed by us. LEGAL PROCESS. We must comply with a notice of attachment, execution, garnishment, tax levy, injunction, restraining order, subpoena, warrant, or other legal process which we believe to be valid and which we believe applies to your account. If any legal process is served on us relating to your account, you will pay us all of our costs and expenses incurred in responding to it, including our reasonable attorney fees. In the event legal proceedings are instituted by us to enforce your obligations under this agreement or because of conflicting claims to the account, you agree to pay our reasonable costs, including attorney’s fees. You authorize us to deduct these expenses as they accrue from the balance of any of your share accounts.
Official Checks. You may not place a stop payment on any certified, cashier’s, teller, or official check guaranteed by the credit union. You may however request a replacement check for a lost, stolen or destroyed credit union check. In most cases, a replacement check may not be issued until 90 days from the original date of the check. PAYMENT PRIORITY – When processing items drawn on your account, TCCU pays items in the order they are received, regardless of dollar amount. DIRECT DEPOSIT – We may accept direct deposits or preapproved transfers to your account. Direct deposits include but are not limited to; (1) payroll checks, (2) Social Security; (3) retirement checks; or (4) other government checks. The credit union reserves the right to require you to approve each direct deposit or preauthorized transfer through completion of a form either provided by us or the company from which you receive the deposit. If you need to cancel a direct deposit or preauthorized transfer, you must notify the credit union at least 30 days prior to the date of the deposit or transfer. If we are required for any reason to reimburse the Federal Government for all or any portion of a benefit payment that was directly deposited into your account you authorize us to deduct the amount of our liability to the Federal Government from the account or from any other account you have with us, without prior notice and at any time, except as prohibited by law. ACH AND WIRE TRANSFERS – ACH transactions are governed by the National Automated Clearing House Association and applicable local ACH rules. Wire transfers are governed by Federal Reserve Regulation J if the transfer is cleared through the Federal Reserve. You may originate debits and credits to your account through Automated Clearing House (ACH) transfer or wire transfer. If we receive a credit to an account you have with us by ACH or wire transfer, we are not required to notify you at the time the funds are received. However, the transfer will show on your periodic statement. We may provisionally credit your account for an ACH transfer before we receive final settlement for the transfer. If the credit union does not receive final settlement as expected, you agree that we are entitled to reverse the provisional credit. When you initiate a wire transfer, you can identify the recipient or financial institution by name and number. The credit union can rely on the account number or other identifying number given as the accurate identification even if we...
