Postdated and Stale Dated Checks. We may pay any check without regard to its date unless you notify us of a postdating. The notice must be given to us in time so that we can notify our employees and reasonably act upon the notice and must accurately describe the check, including the exact number, date, and amount. You understand that the exact information is necessary for the Credit Union’s computer to identify the check. We are not responsible if you give us an incorrect or incomplete description, or untimely notice. You may make an oral notice which lapses in fourteen (14) calendar days unless confirmed in writing. A written notice is etfective for six (6) months and may be renewed in writing from time to time. You agree not to deposit checks, drafts, or other items before they are properly payable. We are not obligated to pay any check drawn on your account which is presented more than six (6) months past its date.
Postdated and Stale Dated Checks. We may honor any draft without consideration of the date. We will honor your written request not to pay a postdated check until the date on the check, but only if such written request is received prior to the check being presented to FPCU. We are not required to honor any check drawn on your account that is presented more than six months beyond the date of the check.
Postdated and Stale Dated Checks. We may pay any check without regard to its date unless you notify us of a postdating. The notice must be given to us in time so that we can notify our employees and reasonably act upon it. The notice must accurately describe the check, including the exact number, date and amount. You understand that the exact information is necessary for the Credit Union’s computer to identify the check. We are not responsible if you give us an incorrect or incomplete description or untimely notice. You may make an oral notice which lapses in fourteen (14) calendar days unless confirmed in writing. The Fee for a Notice of Postdating is the same as the fee for a Stop Payment Order; please refer to our Fee Schedule for the amount of the fee. A written notice is effective for six (6) months and may be renewed in writing from time to time. You agree not to deposit checks, drafts, or other items before they are properly payable. We are not obligated to pay a check drawn on your account that is presented more than six (6) months past its date.
Postdated and Stale Dated Checks. If you write a check that is dated in the future and the check is presented for payment before the date of the check, we may pay it or return it unpaid. If we pay the check, it will be posted to your account on the date we pay it, even though the posting date is prior to the date of the check. We are not responsible for any loss to you in doing so. If you do not want us to pay the check, you must submit a Stop Payment Order (see section below). If you deposit checks or other items before they are properly payable, we may credit your account or return it. We are not responsible for any loss to you in doing so. The Credit Union is under no obligation to pay a stale dated check, which is a check drawn on your account that is presented more than six months after its date. However, we may pay the check unless you have placed an efective Stop Payment Order on it.
Postdated and Stale Dated Checks. We may pay any check without regard to its date unless you notify us of a postdating. The notice must be given to us in time so that we can notify our employees and reasonably act upon it. The notice must accurately de- scribe the check, including the exact number, date and amount. You understand that the exact information is necessary for the Credit Union’s computer to identify the check. We are not responsible if you give us an incorrect or incomplete description or untimely no- xxxx. You may make an oral notice which lapses in fourteen (14) calendar days unless con- firmed in writing. A written notice is effective for six (6) months and may be renewed in writing from time to time. You agree not to deposit checks, check or other items before they are properly payable. We are not obligated to pay a check drawn on your account that is presented more than six (6) months past its date.
Postdated and Stale Dated Checks. A postdated check is a check that displays a date later than the date on which the check is written. For example, if you write a check on January 1st but place a date of January 7th on the actual item, the check has been postdated. You authorize us to accept and pay any check, even if the check is presented before its date, unless you notify the credit union of the postdating. The credit union must have a reasonable time to act and you must accurately describe the check, including the number, date and amount and payee of the item for the credit union’s system to properly identify the item. The credit union will not be responsible for paying the item before the date stated if you fail to provide proper or incomplete notification. A stale-dated check is a check that is presented for payment more than six (6) months after its payment date. The credit union is under no obligation to you to pay a check that is drawn on your account which is presented more than six (6) months after its date.
Postdated and Stale Dated Checks. You authorize us to accept and pay any check, even if it is presented for payment before its date, unless you notify the Credit Union of the postdating. Your notice will be effective only if the Credit Union receives it in time for us to notify our employees and reasonably act upon the notice, and you accurately describe the check, including the number, date, and amount. You understand that the exact information is necessary for the Credit Union’s systems to identify the check. If you give the Credit Union an incorrect, incomplete, or untimely notice, we will not be responsible for paying the item before the date stated and the Credit Union may charge your account as of the date we pay the item. You may make an oral notice that will lapse within fourteen (14) days unless continued in writing within that time. You also agree not to deposit checks, drafts, or other items before they are properly payable. The Credit Union is under no obligation to you to pay a check drawn on your account that is presented more than six (6) months after its date.
Postdated and Stale Dated Checks. We may pay any check without regard to its date unless you notify us of a postdating or stale- dated check. The notice must be given to us in time so that we can notify our employees and reasonably act upon the notice and must accurately describe the check, including the exact number, date and amount. You understand that the exact information is necessary for the Credit Union’s computer to identify the check. We are not responsible if you give us an incor- rect or incomplete description or untimely notice. You may give us an oral or written notice and this is effective for six (6) months and must be renewed in written form. You agree not to deposit checks or other items before they are properly payable. We are not obligated to pay checks drawn on your account, which are presented more than six (6) months past the check date.
Postdated and Stale Dated Checks. A postdated check is a check that displays a date later than the date on which the check is written. For example, if you write a check on January 1st but place a date of January 7th on the actual item, the check has been postdated. You authorize us to accept and pay any check, even if the check is presented before its date, unless you notify the credit union of the postdating. The credit union must have a reasonable time to act and you must accurately describe the check, including the number, date and amount and payee of the item for the credit union’s system to properly identify the item. The credit union will not be responsible for paying the item before the date stated if you fail to provide proper or incomplete notification. A stale-dated check is a check that is presented for payment more than six (6) months after its payment date. The credit union is under no obligation to you to pay a check that is drawn on your account which is presented more than six (6) months after its date. REMOTELY CREATED CHECKS/ELECTRONIC CHECK TRANSACTIONS – A remotely created check, preauthorized draft or demand draft can be used as a payment method from your account similar to a typical check or share draft. However, a key difference between a typical check or share draft and a remotely created check is the signature. A remotely created check does not contain your signature. A remotely created check typically bears a statement that the draft was authorized by you or has your name printed on the signature line. Remotely created checks are usually created in response to a telephone solicitation in which your account number and the credit union’s routing and transit number are given to the telephone solicitor. The telephone solicitor can use that information to withdraw money from your account. If you authorize a third party to withdraw money from your account via a remotely created check you cannot revoke your authorization or withdraw payment by asserting a claim that the check was unauthorized. An electronic check conversion occurs when you authorize a merchant to electronically debit your checking account using the routing and transit number, account number and check number, whether the check is blank, partially or fully completed or signed. Electronic check conversions are covered under the terms of the Electronic Funds Transfer Agreement. You authorize TCCU to honor any electronic check conversion from your checking account just the same as a regular written check. You...
Postdated and Stale Dated Checks. Postdated checks that in the Bank’s opinion would not be paid on presentation, and checks dated six (6) months or more prior to the date they are collected from the Lockbox.
