Our Rights Upon Your Deposit. You understand that by offering to accept your deposits, we are providing a service to you and that we may accept, provide credit for, hold funds related to the amount of the deposit, refuse, reject, or return the deposit as we believe necessary for your and our protection. The availability of funds from your deposit may be held for a period of time depending on the type of deposit (cash, check, wire, etc.) and circumstances surrounding the deposit (the amount of the deposit, the source of the funds, etc.) (please see our Funds Availability disclosures in this Contract for information about our hold policy for checking accounts). Following your deposit and before processing the check, draft, or item for collection and payment, should we believe that the deposited check, draft, or item may be dishonored, returned, or subject to a claim, you agree that we may return the deposited check, draft, or item to you so that you can obtain or recover payment elsewhere. If we choose to hold the funds from your deposit beyond any applicable hold period stated in the Funds Availability Disclosures, we will notify you about the reason for and the length of time of the hold. If you do not want a hold placed on the funds from a deposited check, draft or item, please tell us before we have processed the check, draft, or item and we will return the check, draft, or item to you so that you can obtain or recover payment elsewhere.
Appears in 1 contract
Samples: Deposit Account Contract
Our Rights Upon Your Deposit. You understand that by offering to accept your deposits, we are providing a service to you and that we may accept, provide credit for, hold funds related to the amount of the deposit, refuse, reject, or return the deposit as we believe necessary for your and our protection. The availability of funds from your deposit may be held for a period of time depending on the type of deposit (cash, check, wire, etc.) and circumstances cir- cumstances surrounding the deposit (the amount of the deposit, the source of the funds, etc.) (please see our Funds Availability disclosures in this Contract for information infor- mation about our hold policy for checking accounts). Following After your deposit and before processing the check, draft, draft or item for collection and payment, should we believe that the deposited check, draft, or item may be dishonored, returned, returned or subject to a claim, you agree that we may return the deposited check, draft, draft or item to you so that you can obtain or recover payment elsewhere. If we choose to hold the funds from your deposit beyond any applicable hold period stated in the Funds Availability DisclosuresDis- closures, we will notify you about the reason for and the length of time of the hold. If you do not want a hold placed on the funds from a deposited check, draft or item, please tell us before we have processed the check, draft, or item and we will return the check, draft, draft or item to you so that you can obtain or recover payment elsewhere.
Appears in 1 contract
Samples: Business Deposit Account Contract
Our Rights Upon Your Deposit. You understand that by offering to accept your deposits, we are providing a service to you and that we may accept, provide credit for, hold funds related to the amount of the deposit, refuse, reject, or return the deposit as we believe necessary for your and our protection. The availability of funds from your deposit may be held for a period of time depending on the type of deposit (cash, check, wire, etc.) and circumstances surrounding the deposit (the amount of the deposit, the source of the funds, etc.) (please see our Funds Availability disclosures in this Contract for information about our hold policy for checking accounts). Following After your deposit and before processing the check, draft, draft or item for collection and payment, should we believe that the deposited check, draft, or item may be dishonored, returned, returned or subject to a claim, you agree that we may return the deposited check, draft, draft or item to you so that you can obtain or recover payment elsewhere. If we choose to hold the funds from your deposit beyond any applicable hold period stated in the Funds Availability Disclosures, we will notify you about the reason for and the length of time of the hold. If you do not want a hold placed on the funds from a deposited check, draft or item, please tell us before we have processed the check, draft, or item and we will return the check, draft, draft or item to you so that you can obtain or recover payment elsewhere.
Appears in 1 contract
Samples: Business Deposit Account Contract
Our Rights Upon Your Deposit. You understand that by offering to accept your deposits, we are providing a service to you and that we may accept, provide credit for, hold funds related to the amount of the deposit, refuse, reject, or return the deposit as we believe necessary for your and our protection. The availability of funds from your deposit may be held for a period of time depending on the type of deposit (cash, check, wire, etc.) and circumstances surrounding the deposit (the amount of the deposit, the source of the funds, etc.) (please see our Funds Availability disclosures in this Contract for information about our hold policy for checking accounts). Following your deposit de- posit and before processing the check, draft, or item for collection and payment, should we believe that the deposited check, draft, or item may be dishonored, returned, or subject to a claim, you agree that we may return the deposited check, draft, or item to you so that you can obtain or recover payment elsewhere. If we choose to hold the funds from your deposit beyond any applicable hold period stated in the Funds Availability Disclosures, we will notify you about the reason for and the length of time of the hold. If you do not want a hold placed on the funds from a deposited check, draft or item, please tell us before we have processed the check, draft, or item and we will return the check, draft, or item to you so that you can obtain or recover payment elsewhere.
Appears in 1 contract
Samples: Deposit Account Contract