Over the Counter Presentment for Encashment Sample Clauses

Over the Counter Presentment for Encashment. We may, without liability to you, refuse to pay any Item presented for encashment at any of our branch locations. If an Item drawn on an account enrolled in the Positive Pay Service is presented for encashment at one of the our branch locations, you authorize us to pay or decline such Item based on the Positive Pay Service information at the teller line. We may charge a person who cashes an Item drawn on your account a fee if that person is not our customer. You agree to unconditionally release, indemnify and hold the X.X. Xxxxxx Xxxxx Indemnified Parties harmless against any and all Losses in connection with any third party claim resulting or arising from an Item being cashed over-the-counter, including our refusal to cash any Item.
Sample 1
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Over the Counter Presentment for Encashment. If an Item on any account enrolled in the Reverse Positive Pay Service is presented for encashment at one of the our branch locations, you authorize us to pay the Item as long as the we follow our usual and customary over-the-counter encashment procedures (as amended from time to time). We may charge a person who cashes an Item drawn on your account a fee if that person is not our customer. You agree to unconditionally release, indemnify and hold the X.X. Xxxxxx Xxxxx Indemnified Parties harmless against any and all Losses in connection with any third party claim resulting or arising from an Item being cashed over-the-counter, including our refusal to cash any Item. You acknowledge and agree that the Reverse Positive Pay Service may provide little, or no, protection to you with respect to Item presentment over-the-counter for encashment at our branches.
Sample 1

Related to Over the Counter Presentment for Encashment

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