Refusing Payment on Your Checks Clause Samples
Refusing Payment on Your Checks. If one of your Checks presented for payment has insufficient available funds available in your Account, or if the Check contains an improper signature or some other irregularity, we may refuse payment and return the Check to the person who presented it. You acknowledge that it is difficult or impossible for us to verify whether an endorsement by a corporation or other business entity is valid. You also acknowledge that it is difficult or impossible for us to verify whether an endorsement by someone other than the person presenting a Check for payment is valid.
Refusing Payment on Your Checks. If one of your Checks is presented for payment and there are not sufficient funds available in your Account, or if the Check is not properly
Refusing Payment on Your Checks. You must fill in an amount (in words and numbers) correctly and clearly, and sign your name on checks you write. You should fill in the date and name of a payee on your checks. If you don’t name a payee, anyone can cash the check. If you fail to follow these rules, we may refuse to honor your checks. When a check you write is presented to us by another bank for payment, we will generally accept the endorsements on the check, because if an endorsement is missing or forged, we have rights against the other bank that protect us. When a check of yours comes in to us other than through another bank, we may not cash it if we are not comfortable with the endorsements on it or the identity of the person who presents it. This is especially true with an endorsement in the name of a business entity. We may require anyone who presents a check for payment in person (other than an account owner presenting a check on his or her own account) to: Pay a fee to cash the check if applicable; and Give a fingerprint or thumbprint, and identification as a condition of cashing a check. If the presenter of the check refuses to comply with these requirements, or complies but later asserts that these requirements infringed on their legal rights, you understand and agree that imposing these requirements will not be considered a “wrongful dishonor” of your checks.