Common use of Restrictions; Legends Clause in Contracts

Restrictions; Legends. Because of the automated processing of the large volume of checks we receive, we cannot inspect or look at restrictive endorsements or other restrictions or notations on checks. We are not responsible for any restrictive endorsement or other restriction or notation on an item you cash or deposit. For example, we are not responsible for accepting a deposited item marked “paid in full.” If using Remote Deposit Capture or mobile banking services, you must supply a restrictive endorsement. You agree to reimburse us for all claims, costs, losses or damages we incur that could have been prevented because you fail to supply a restrictive endorsement where required. You shall not submit items to us that contain information which duplicates information you previously provided to us or that contains information with respect to checks you have previously transferred to, deposited with or attempted to clear through the Bank or a third party. You shall assure that items are not deposited or processed a second time. We are not required to honor any restrictive endorsement, legend, or endorsement, or other special instruction placed on checks you write.