RCK Transactions Unacceptable for Processing. The Rules set forth those items that are unacceptable for RCK processing. They include, but are not limited to the following: 1) “I agree that my account will be debited electronically for both the face amount and the returned check fee if returned unpaid.” 2) The Check Writer’s signature indicating his acceptance of the imprint. CUSTOMER is solely and absolutely responsible for all losses and damages related to unacceptable transactions submitted to PROCESSOR. PROCESSOR shall have rights against the Settlement Account and any other account that is held by PROCESSOR to initiate debits to make PROCESSOR whole for the amount of said transactions and any fees associated with the presentment of such unacceptable transactions.
Appears in 2 contracts
Samples: Member Application and Service Agreement, Membership Application and Service Agreement
