Common use of Remotely Created Checks Clause in Contracts

Remotely Created Checks. A remotely created check is a check created by someone other than the person on whose account the check is drawn. A remotely created check is generally created by a third-party payee as authorized by the owner of the account on which the check is drawn. Authorization is usually made over the telephone or through online communication. The account owner does not sign a remotely created check. In place of the owner’s signature, the remotely created check usually bears a statement that the owner authorized the check or bears the owner’s printer or typed name. If you wish to stop payment of a remotely created check, we may require you to close your account.

Remotely Created Checks. A remotely created check is a check created by someone other than the person on whose account the check an item that appears to authorize payment to be made but which is drawn. A remotely created check is generally created by a third-party payee as authorized not actually signed by the owner of the account on which the check is drawndrawer. Authorization is usually made over the telephone You agree that if you cash, negotiate or through online communication. The account owner does not sign a remotely created check. In place of the owner’s signature, the remotely created check usually bears a statement that the owner authorized the check or bears the owner’s printer or typed name. If you wish to stop payment of deposit a remotely created check, you warrant to us that the check is authentic and is authorized by the drawer according to the terms contained on the check. If a remotely created check is returned to us at any time and for any reason, we may require you to close debit the amount of the check from your account.