Re-presented Checks. If a merchant electronically re-presents a check returned due to insufficient or uncollected funds, that transaction is not covered by the Electronic Funds Transfer Act. Checks involved in this type of transaction will not be included with your statement. You may authorize a merchant to electronically collect a fee associated with the re-presentment of a check. If a merchant electronically collects a fee associated with the re-presentment of a check, the fee transaction is covered by the Electronic Funds Transfer Act and subject to the Electronic Funds Transfer Agreement and Disclosures if the fee is debited as an electronic funds transfer from a consumer account. A description of the transaction will appear on your statement. (L)
Re-presented Checks. If a merchant electronically re-presents a check returned due to insufficient or uncollected funds, that transaction is not covered by the Electronic Funds Transfer Act. See section titled Checks involved in this type of transaction will not be included with your statement. You may authorize a merchant to electronically collect a fee associated with the re-presentment of a check. If a merchant electronically collects a fee associated with the re-presentment of a check, the fee transaction is covered by the Electronic Funds Transfer Act and subject to the
Re-presented Checks. If a merchant electronically re-presents a check that was returned due to insufficient or uncollected funds, this transaction is not covered by the EFTA. Checks or images of checks involved in this type of transaction will not be included with your statement. You may authorize a merchant to electronically collect a fee associated with the re-presentment of a check. For consumer Accounts, if a merchant electronically collected a fee associated with the re-presentment of a check, the fee transaction is covered by the EFTA and subject to the Electronic Funds Transfer Agreement section of this Agreement. A description of the fee transaction will appear on your statement. If you voluntarily give information about your Account (such as Bank’s routing number and your Account number) to a party who is seeking to sell you goods or services, and you do not physically deliver a check to the party, any debit to your Account initiated by the third party to whom you gave the information is deemed authorized. You may not later change your mind and try to revoke your authorization or rescind payment by claiming the remotely created check was unauthorized. Bank is not required to credit your Account, and may charge against your Account, any remotely created checks for which the third party has proof of your authorization.
Re-presented Checks. You may authorize a merchant to create an electronic withdrawal from your Account for the amount of your check when the original paper check is returned to the merchant for insufficient or uncollected funds. Checks used in these types of transactions will not be returned with your statement. The entry for the debit of the funds will appear under the “Other Withdrawals/Debits” section of your monthly statement. The transaction is not covered by the Electronic Funds Transfer Act or Regulation E, but is governed by the Uniform Commercial Code and other Federal Reserve Board Regulations.
Re-presented Checks. If a merchant electronically re-presents a check returned due to insufficient or uncollected funds, this transaction is not covered by the EFTA. Checks or images of checks involved in this type of transaction will not be included with your statement. You may authorize a merchant to electronically collect a fee associated with the re-presentment of a check. If a merchant electronically collected a fee associated with the re-presentment of a check, the fee transaction is covered by the EFTA and subject to the Electronic Funds Transfer Agreement section of this Agreement if the fee is debited as an electronic funds transfer from a consumer Account. A description of the transaction will appear on your statement. See Deposit of Remotely Created Checks section above for definition of “remotely created checks”. If you voluntarily give information about your Account (such as our routing number and your Account number) to a party who is seeking to sell you goods or services, and you do not physically deliver a check to the party, any debit to your Account initiated by the third party to whom you gave the information is deemed authorized. You may not later change your mind and try to revoke your authorization or rescind payment by claiming the remotely created check was unauthorized. We will not be required to re-credit your Account, and may charge against your Account, any remotely created checks for which the third party has proof of your authorization.
