Common use of Primary Account Designation Clause in Contracts

Primary Account Designation. You may use the RDC to facilitate a deposit to any deposit account you have with us (other than those with deposit restrictions, such as certificates of deposit). The Account to which you designate a deposit shall be referred to as the “RDC Account” for the purpose of this Service Description and the deposit transaction. You authorize us to debit the RDC Account (or any other account maintained by you at the Bank) for any fees or other amounts due us in connection with the Remote Deposit Capture Services. If the RDC Account is closed for any reason, your Remote Deposit Capture Services will be stopped along with any unprocessed Remote Deposit Capture Services transfers. To reinstate your Remote Deposit Capture Services, you must designate a new RDC Account.

Primary Account Designation. You may use the RDC to facilitate a deposit to any deposit account you have with us the Bank (other than those with deposit restrictions, such as certificates of deposit). The Account to which you designate a deposit shall be referred to as the “RDC Account” for the purpose of this Service Description and the deposit transaction. You authorize us the Bank to debit the RDC Account (or any other account maintained by you at the Bank) for any fees or other amounts due us the Bank in connection with the Remote Deposit Capture Services. If the RDC Account is closed for any reason, your Remote Deposit Capture Services will be stopped along with any unprocessed Remote Deposit Capture Services transfers. To reinstate your Remote Deposit Capture Services, you must designate a new RDC Account.