Receipt of Images. We have no obligation to accept any check or image you transmit to us through the RDC Service, and we may reject any check or image that you transmit in our sole and absolute discretion without liability to you. You agree that we are not responsible or liable to you for images that are dropped during transmission, which we do not receive, or that are intercepted or altered by, or misdirected to, any unauthorized third party. You assume the risk that any check image or information from a check image may be intercepted or misdirected during transmission. An image shall be deemed received by us when the funds deposited appears as “Deposit Accepted” under the Deposit History tab. Such confirmation only confirms the receipt of the image and does not confirm that the transmission was complete or error free, or that the amount of the check will be finally collected from the drawee institutions and/or credited to your Account. If, after we confirm the receipt of a check image, we determine that the check is a Prohibited Check, you agree that we may charge the amount of the check back to your Account and grant us a lien on any other Account you may have if the funds in the deposit Account are insufficient for a chargeback in full. You agree that we will not be liable to you for any loss, costs, or fees as a result of the exercise of our chargeback rights. Funds Availability You agree that check images transmitted using the RDC Service and the funds represented by the checks are not subject to the funds availability requirements of Regulation CC. Except as otherwise provided in this Agreement, and subject to the requirements of applicable law or regulation, funds from any check transmitted through the RDC Service will be available after final payment with respect to the check is made by the drawee of the check, and any credit of funds to your Account before that time is provisional. As a general rule, funds from deposits made by the RDC Service will be made available to you on the second Business Day following the Business Day on which we accept the check image from you. However, funds may not be available for up to seven (7) business days from the day the deposit was made based on such factors as creditworthiness, the length and extent of your relationship with us, transaction and experience information, and such other factors as we, in our sole discretion, deem relevant, and/or based upon funds availability options we may offer to you in connection with the RDC Service. You acknowledge and agree that no funds availability option we offer constitutes a promise or guarantee that check funds will be finally collected from the drawee institution and/or finally paid to you. In any event, we reserve a right of chargeback to your Account in the event of dishonor or nonpayment by the drawee institution, and we reserve the right to chargeback all applicable fees in the event of such dishonor or nonpayment and/or any resulting chargeback (including, but not limited to, returned deposit item fees and overdraft fees). Check images received by us before 4:30 p.m. EST on a Business Day will be processed on the same day. Check images received by us after 4:30 p.m. EST will be processed on the next Business Day. Contingency Plan The RDC Service is provided by us to you as a convenience. Because the RDC Service could be unavailable from time to time for various reasons, you should not rely on the Service as the sole means of depositing checks to your Account. If you wish to deposit any check to your Account and you are unable to transmit the image of the check to us through the RDC Service or are unable to use the RDC Service in compliance with the terms of this Agreement for any reason (including, without limitation, reasons related to communications, equipment or software outages, interruptions or failures), you acknowledge and agree that you are solely responsible for using alternative available means of depositing the check to your Account, such as depositing the check in person at any Credit Union branch location. Such alternative means will be governed by the terms and conditions of our Deposit Account Agreement and not by the terms of this Agreement.
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Samples: trademarkfcu.org
Receipt of Images. We have no obligation to accept any check or image you transmit to us through the RDC MCD Service, and we may reject any check or image that you transmit in our sole and absolute discretion without liability to you. You agree that we are not responsible or liable to you for images that are dropped during transmission, which we do not receive, or that are intercepted or altered by, or misdirected to, any unauthorized third party. You assume the risk that any check image or information from a check image may be intercepted or misdirected during transmission. An image shall It is your sole responsibility to verify that items deposited using the MCD Service have been received and accepted for deposit by us. To verify your deposit was received, you can sign into online banking and select the history for that account. The credit will be deemed received by us when provisional until the funds deposited appears as “Deposit Accepted” under the Deposit History tabdeposit has cleared. Such confirmation only confirms the receipt of the image and does not confirm that the transmission was complete or error free, or that the amount of the check will be finally collected from the drawee institutions and/or credited to your Account. If, after we confirm the receipt of a check image, we determine that the check is a Prohibited Check, you agree that we may charge the amount of the check back to your Account and grant us a lien on any other Account you may have if the funds in the deposit Account are insufficient for a chargeback in fullAccount. You agree that we will not be liable to you for any loss, costs, or fees as a result of the exercise of our chargeback rights. Funds Availability You agree that check images transmitted using the RDC Service and the funds represented by the checks are not subject to the funds availability requirements of Regulation CC. Except as otherwise provided in this Agreement, and subject to the requirements of applicable law or regulation, funds from any check transmitted through the RDC Service will be available after final payment with respect to the check is made by the drawee of the check, and any credit of funds to your Account before that time is provisional. As a general rule, funds from deposits made by the RDC Service will be made available to you on the second Business Day following the Business Day on which we accept the check image from you. However, funds may not be available for up to seven (7) business days from the day the deposit was made based on such factors as creditworthiness, the length and extent of your relationship with us, transaction and experience information, and such other factors as we, in our sole discretion, deem relevant, and/or based upon funds availability options we may offer to you in connection with the RDC Service. You acknowledge and agree that no funds availability option we offer constitutes a promise or guarantee that check funds will be finally collected from the drawee institution and/or finally paid to you. In any event, we reserve a right of chargeback to your Account in the event of dishonor or nonpayment by the drawee institution, and we reserve the right to chargeback all applicable fees in the event of such dishonor or nonpayment and/or any resulting chargeback (including, but not limited to, returned deposit item fees and overdraft fees). Check images received by us before 4:30 p.m. EST on a Business Day will be processed on the same day. Check images received by us after 4:30 p.m. EST will be processed on the next Business Day. Contingency Plan The RDC Service is provided by us to you as a convenience. Because the RDC Service could be unavailable from time to time for various reasonscases, you should not rely on the Service as the sole means of depositing are responsible for any dishonored or returned checks or other debits to your Account. If You agree that even if we do not initially reject an item you wish deposit through the service, we may ask you to deposit provide the original item, should the paying bank deems the electronic image illegible, or invalid for any check other reason. Our failure to reject such an item shall not limit your liability to us. You understand that any amount credited to your Account account for items deposited using the service is a provisional credit and you are unable agree to transmit the image indemnify us against any loss we suffer because of our acceptance of the check to us through the RDC Service or are unable to use the RDC Service in compliance with the terms of this Agreement for any reason (including, without limitation, reasons related to communications, equipment or software outages, interruptions or failures), you acknowledge and agree that you are solely responsible for using alternative available means of depositing the check to your Account, such as depositing the check in person at any Credit Union branch location. Such alternative means will be governed by the terms and conditions of our Deposit Account Agreement and not by the terms of this Agreementremotely deposited check.
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Receipt of Images. We have no obligation to accept any check or image you transmit to us through the RDC Service, and we may reject any check or image that you transmit in our sole and absolute discretion without liability to you. You agree that we are not responsible or liable to you for images that are dropped during transmission, which we do not receive, or that are intercepted or altered by, or misdirected to, any unauthorized third party. You assume the risk that any check image or information from a check image may be intercepted or misdirected during transmission. An image shall be deemed received by us when the funds deposited appears as “Deposit Accepted” under the Deposit History tab. Such confirmation only confirms the receipt of the image and does not confirm that the transmission was complete or error free, or that the amount of the check will be finally collected from the drawee institutions and/or credited to your Account. If, after we confirm the receipt of a check image, we determine that the check is a Prohibited Check, you agree that we may charge the amount of the check back to your Account and grant us a lien on any other Account you may have if the funds in the deposit Account are insufficient for a chargeback in full. You agree that we will not be liable to you for any loss, costs, or fees as a result of the exercise of our chargeback rights. Funds Availability You agree that check images transmitted using the RDC Service and the funds represented by the checks are not subject to the funds availability requirements of Regulation CC. Except as otherwise provided in this Agreement, and subject to the requirements of applicable law or regulation, funds from any check transmitted through the RDC Service will be available after final payment with respect to the check is made by the drawee of the check, and any credit of funds to your Account before that time is provisional. As a general rule, funds from deposits made by the RDC Service will be made available to you on the second Business Day following the Business Day on which we accept the check image from you. However, funds may not be available for up to seven (7) business days from the day the deposit was made based on such factors as creditworthiness, the length and extent of your relationship with us, transaction and experience information, and such other factors as we, in our sole discretion, deem relevant, and/or based upon funds availability options we may offer to you in connection with the RDC Service. You acknowledge and agree that no funds availability option we offer constitutes a promise or guarantee that check funds will be finally collected from the drawee institution and/or finally paid to you. In any event, we reserve a right of chargeback to your Account in the event of dishonor or nonpayment by the drawee institution, and we reserve the right to chargeback all applicable fees in the event of such dishonor or nonpayment and/or any resulting chargeback (including, but not limited to, returned deposit item fees and overdraft fees). Check images received by us before 4:30 p.m. EST on a Business Day will be processed on the same day. Check images received by us after 4:30 p.m. EST will be processed on the next Business Day. Contingency Plan The RDC Service is provided by us to you as a convenience. Because the RDC Service could be unavailable from time to time for various reasons, you should not rely on the Service as the sole means of depositing checks to your Account. If you wish to deposit any check to your Account and you are unable to transmit the image of the check to us through the RDC Service or are unable to use the RDC Service in compliance with the terms of this Agreement for any reason (including, without limitation, reasons related to communications, equipment or software outages, interruptions or failures), you acknowledge and agree that you are solely responsible for using alternative available means of depositing the check to your Account, such as depositing the check in person at any Credit Union branch location. Such alternative means will be governed by the terms and conditions of our Deposit Account Agreement and not by the terms of this Agreement.4:30
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Samples: trademarkfcu.org
Receipt of Images. We have no obligation to accept any check or image you transmit to us through the RDC Service, and we may reject any check or image that you transmit in our sole and absolute discretion without liability to you. You agree that we are not responsible or liable to you for images that are dropped during transmission, which we do not receive, or that are intercepted or altered by, or misdirected to, any unauthorized third party. You assume the risk that any check image or information from a check image may be intercepted or misdirected during transmission. An image shall be deemed received by us when the funds deposited appears as “Deposit Accepted” under the Deposit History tab. Such confirmation only confirms the receipt of the image and does not confirm that the transmission was complete or error free, or that the amount of the check will be finally collected from the drawee institutions and/or credited to your Account. If, after we confirm the receipt of a check image, we determine that the check is a Prohibited Check, you agree that we may charge the amount of the check back to your Account and grant us a lien on any other Account you may have if the funds in the deposit Account are insufficient for a chargeback in fullAccount. You agree that we will not be liable to you for any loss, costs, or fees as a result of the exercise of our chargeback rights. Funds Availability You agree that check images transmitted using the RDC Service and the funds represented by the checks are not subject to the funds availability requirements of Regulation CC. Except as otherwise provided in this Agreement, and subject to the requirements of applicable law or regulation, funds from any check transmitted through the RDC Service will be available after final payment with respect to the check is made by the drawee of the check, and any credit of funds to your Account before that time is provisional. As a general rule, funds from deposits made by the RDC Service will be made available to you on the second Business Day following the Business Day on which we accept the check image from you. However, funds may not be available for up to seven (7) business days from the day the deposit was made based on such factors as creditworthiness, the length and extent of your relationship with us, transaction and experience information, and such other factors as we, in our sole discretion, deem relevant, and/or based upon funds availability options we may offer to you in connection with the RDC Service. You acknowledge and agree that no funds availability option we offer constitutes a promise or guarantee that check funds will be finally collected from the drawee institution and/or finally paid to you. In any event, we reserve a right of chargeback to your Account in the event of dishonor or nonpayment by the drawee institution, and we reserve the right to chargeback all applicable fees in the event of such dishonor or nonpayment and/or any resulting chargeback (including, but not limited to, returned deposit item fees and overdraft fees). Check images received by us before 4:30 p.m. EST on a Business Day will be processed on the same day. Check images received by us after 4:30 p.m. EST will be processed on the next Business Day. Contingency Plan The RDC MDC Service is provided by us to you as a convenience. Because the RDC Service could be unavailable from time to time for various reasons, you should not rely on the Service as the sole means of depositing checks to your Account. If you wish to deposit any check to your Account and you are unable to transmit the image of the check to us through the RDC Service or are unable to use the RDC Service in compliance with the terms of this Agreement for any reason (including, without limitation, reasons related to communications, equipment or software outages, interruptions or failures), you acknowledge and agree that you are solely responsible for using alternative available means of depositing the check to your Account, such as depositing the check in person at any Credit Union branch locationlocation or through any Credit Union ATM. Such alternative means will be governed by the terms and conditions of our Deposit Account Agreement and not by the terms of this Agreement.
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