REMOTELY CREATED CHECKS OR DRAFTS. For purposes of this paragraph, “account” means a transaction account, credit account, or any other account on which checks or drafts may be drawn. A remotely created check or draft is a check or draft created by someone other than the person on whose account the check or draft is drawn. A remotely created check or draft is generally created by a third party payee as authorized by the owner of the account on which the check or draft is drawn. Authorization is usually made over the telephone or through on-line communication. The owner of the account does not sign a remotely created check or draft. In place of the owner’s signature, the remotely created check or draft usually bears a statement that the owner authorized the check or draft or bears the owner’s printed or typed name. If you authorize a third party to draw a remotely created check or draft against your account, you may not later revoke or change your authorization. It is your responsibility to resolve any authorization issues directly with the third party. We are not required to credit your account and may charge against your account any remotely created check or draft for which the third party has proof of your authorization.
REMOTELY CREATED CHECKS OR DRAFTS. For purpose of this paragraph, “Account” means a transaction account, credit account, or any other account on which checks or drafts may be drawn. A remotely cre- ated check or draft is a check or draft created by someone other than the person on whose account the check or draft is drawn. A remotely created check or draft is gen- erally created by a third party payee as authorized by the owner of the account on which the check or draft is drawn. Authorization is usually made over the telephone or through on-line communication. The owner of the Account does not sign a remotely created check or draft, In place of the owner’s signature, the remotely created check or draft usually bears a statement that the owner authorized the check or draft or bears the owner’s printed or typed name. If you authorize a third party to draw a remotely created check or draft against your account, you may not later revoke or change your authorization. It is your responsibility to resolve any authorization issues directly with the third party. We are not required to credit your account and may charge against your account any remotely created check or draft for which the third party has proof of your authorization.
REMOTELY CREATED CHECKS OR DRAFTS. A remotely created check or draft is generally created by a third-party payee as authorized by the owner of the account on which the check or draft is drawn. Authorization is normally made over the telephone or through on-line communication. A remotely created check or draft is not signed by the owner on the account. The remotely created check or draft usually bears a statement that the owner authorized the check or draft or bears the owner’s printed or typed name. If you authorize a third party to draw a remotely created check or draft against your account, you may not later revoke or change your authorization. It is your responsibility to resolve any authorization issues directly with the third party. We are not required to credit your account and may charge against your account any remotely created check or draft for which the third party has proof of your authorization.
REMOTELY CREATED CHECKS OR DRAFTS. A remotely created check or draft is created by someone other than the person on whose account the item is drawn. It is generally created by a third party payee as authorized by the owner of the account. Authorization is usually made over the telephone or through online communication. The owner of the account does not sign a remotely created check or draft. In place of the owner’s signature, the item usually bears a statement that the owner authorized the check or draft or bears the owner’s printed or typed name. If you authorize a third party to draw a remotely created check or draft against your account, you may not later revoke or change your authorization. It is your responsibility to resolve any authorization issues directly with the third party. We are not required to credit your account any may charge against your account any remotely created check or draft for which the third party has proof of your authorization.
REMOTELY CREATED CHECKS OR DRAFTS. For purposes o this paragraph, “account” means a transaction account, credit account, or any other account on which checks or dra ts may be drawn. A remotely created check or dra t is a check or dra t created by someone other than the person on whose account the check or dra t is drawn. A remotely created check or dra t is generally created by a third party payee as authorized by the owner o the account on which the check or dra t is drawn. Authorization is usually made over the telephone or through on-line communication. The owner o the account does not sign a remotely created check or dra t. In place o the owner’s signature, the remotely created check or dra t bears the owner’s printed or typed name. I you authorize a third party to draw a remotely created check or dra t against your account, you may not later revoke or change your authorization. It is your responsibility to resolve any authorization issues directly with the third party. We are not required to credit your account and may charge against your account any remotely created check or dra t or which the third party has proo o your authorization.
REMOTELY CREATED CHECKS OR DRAFTS. For purposes of this paragraph only, “account” means a transaction account, credit account, or any other account on which checks or drafts may be drawn. A remotely created check or draft is a check or draft created by someone other than the person on whose account the check or draft is drawn. A remotely created check or draft is generally created by a third party payee as authorized by the owner of the account on which the check or draft is drawn. Authorization is usually made over the telephone or through online communication. The owner of the account does not sign a remotely created check or draft. In place of the owner’s signature, the remotely created check or draft usually bears a statement that the owner authorized the check or draft or bears the owner’s printed or typed name. If you authorize a third party to draw a remotely created check or draft against your account, you may not later revoke or change your authorization. It is your responsibility to resolve any authorization issues directly. FUNDS AVAILABILITY It is our policy to make the funds from your deposit available to you as quickly as possible. Within the guidelines set forth by the Federal Reserve Board, we have adopted the following policies for deposits. Notwithstanding the general policy described below, Teachers reserves the right to delay the availability of funds deposited to accounts for transactions that appear to be suspicious.
