Retention and Destruction of Original Checks. You shall securely store all original Checks for a period of sixty (60) days after you have received notice from us that the File containing the Images of such Checks has been accepted (such period the “Retention Period”). During the Retention Period, you shall take appropriate security measures to ensure that: (i) only an Account holder shall have access to original Checks, (ii) the information contained on such Checks shall not be disclosed, (iii) such Checks will not be duplicated or scanned more than one time and (iv) such Checks will not be deposited or negotiated in any form. You shall destroy original Checks upon the expiration of the Retention Period applicable to such Checks. You will use commercially reasonable methods of destruction approved by us to destroy original Checks after expiration of the Retention Period. You agree to indemnify and hold us harmless from and against, any and all claims, demands, actions, causes of action, losses and damages, of whatever nature or kind, and regardless of the theory upon which the same are based, caused directly or indirectly by, arising out of, related to, in connection with or resulting wholly or partially from, the destruction of original Checks by you. You will promptly (but in all events within five (5) Business Days) provide any retained Check (or, if the Check is no longer in existence, a sufficient copy of the front and back of the Check) to us as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any Check.
Retention and Destruction of Original Checks. You will retain each Original Check in accordance with the Supporting Documents. If not directed otherwise by the Bank, you will store Original Checks in a safe and secure environment for forty five (45) days after such Item has been digitized and processed. You shall take appropriate security measures to ensure that: (i) only authorized personnel shall have access to Original Checks; and (ii) the information contained on such Original Checks or on any corresponding Imaged Items are not disclosed to third parties. You will promptly (but in any event within five (5) business days) provide any retained Original Check (or, if the Original Check is no longer in existence, a sufficient copy of the front and back of the Original Check, with the copy indicating that it is a copy on its face) to the Bank as requested to aid in the clearing and collection process to resolve claims by third parties with respect to any Item or as the Bank otherwise deems necessary. If you fail to produce the Original Check upon the Bank’s request, you agree that the Bank may deduct the amount of the Original Check from any of your Accounts. You will use a commercially reasonable method, which is consistent with any requirements of Regulation CC and approved by the Bank to securely and permanently destroy Original Checks after your retention period has expired. You agree to mark Original Checks “VOID” just before destroying as provided in this section.
Retention and Destruction of Original Checks. You will retain each Original Check in accordance with the Supporting Documents. If not directed otherwise by the Bank, you will store Original Checks in a safe and secure environment for forty five (45) days after such Item has been digitized and processed. You shall take appropriate security measures to ensure that: (i) only authorized personnel shall have access to Original Checks; and (ii) the information contained on such Original Checks or on any corresponding Imaged Items are not disclosed to third parties. You will promptly (but in any event within five (5) business days) provide any retained Original Check (or, if the Original Check is no longer in existence, a sufficient copy of the front and back of the Original Check, with the copy indicating that it is a copy on its face) to the Bank as requested to aid in the clearing and collection process to resolve claims by third parties with respect to any Item or as the Bank otherwise deems necessary. If you fail to produce the Original Check upon the Bank’s request, you agree that the Bank may deduct the amount of the Original Check from any of your Accounts. You will use a commercially reasonable method, which is consistent with any requirements of Regulation CC and approved by the Bank to securely and permanently destroy Original Checks after your retention period has expired. You agree to mark Original Checks “VOID” just before destroying as provided in this section. Processing Times. Notwithstanding any provisional credit that may be applied to the RDC Account in connection with your transmitted Imaged Items, Imaged Items processed for deposit through the Remote Deposit Capture Service will be deemed to have been received by the Bank for deposit at the time the Imaged Items are actually received and accepted at the location where the Bank or its designated agent posts the credit to the RDC Account. A deposit of Imaged Items will be deemed to have been received and accepted by the Bank for deposit when all of the following have occurred:
Retention and Destruction of Original Checks. You will receive an electronic confirmation from us when the Check Image that you have transmitted via Mobile Check Deposit has been accepted for processing (or alternatively, an electronic notice that such image has not been accepted for processing, setting forth the reason we could not accept your check for processing). You agree (i) to retain and safeguard the Original Check until you have received notification from us that the funds associated with such Check Image have been added to your eligible checking account and (ii) after you have verified that the funds associated with such Check Image have been added to your eligible checking account, to mark the front of the Original Check "VOID" and then destroy the Original Check.
Retention and Destruction of Original Checks. After you receive confirmation that we have received an image, you must securely store the Original Check for 30 days and make the Original Check accessible to us at our request. Upon our request from time to time, you will deliver to us within two Business Days, at your expense, the requested Original Check in your possession. If not provided in a timely manner, such amount will be reversed from your account. Promptly after the 30-day retention period expires, you must destroy the Original Check by first marking it "VOID" and then destroying it by cross-cut shredding or another commercially acceptable means of destruction. After destruction of the Original Check, the image will be the sole evidence of the Original Check. You agree that you will never represent the Original Check. You understand and agree that you are responsible for any loss caused by your failure to secure the Original Checks.
Retention and Destruction of Original Checks. After you receive confirmation that we have received an image, you must securely store the original check underlying the image for sixty (60) calendar days from your receipt of that confirmation. Your storage must be at least as secure as your storage of blank checks that you have or have previously had. During the 60-day time period, you must make the original check accessible to us at our request. Upon our request, you agree to deliver to us within 10 calendar days, at your expense, any original check that we request to see. If you do not provide the requested original check in a timely manner, as defined by the Bank, the amount of the original check that has been deposited into your account will be reversed from your account. Promptly after the 60-day time period expires, you must destroy the original check by first marking it “VOID” (by writing the word “VOID” in permanent ink across the front and the back of the original check) and then destroying it by cross-cut shredding or another commercially acceptable means of destruction. You expressly agree that you will never re-present the original check. You understand and acknowledge that you are responsible if anyone is asked to make a payment based on an original check that has already been paid. You promise to take all reasonable steps to ensure the safety and integrity of any original check from the time you submit an image of that original check via the Service until the time of required destruction. You agree to notify us immediately by telephone or in writing if you learn of any loss or theft of any original check. If warranted in our reasonable judgment, you agree to allow us to audit your records related to the Service and to monitor your use of the Service. You agree to cooperate with us to permit such auditing or monitoring so that we may confirm that you have satisfied your obligations under the Agreement.
Retention and Destruction of Original Checks. Upon your receipt of a confirmation from us that we have received the image of an item, you agree to prominently xxxx the item as ‘Electronically Deposited” or “Deposited [date]” to ensure it is not re- presented for payment. • You agree to securely store each original check that you deposit using 1st CCU Mobile Deposit for a period of at least thirty (30) days after transmission to us. • After thirty (30) days from the transmission of the original check, you agree to safely destroy the original check. • You will promptly provide any retained checks during the retention period to 1st CCU as requested to aid in the clearing and collection process, to resolve claims by third parties with respect to any check, or for our audit purposes. If you are unable to provide the check you will be liable for any unresolved claims by third parties. • You understand and agree that you are responsible for any loss caused by your failure to secure the original checks. • You agree to never re-present the check for deposit unless direct by 1st CCU to do so. If copies are requested from past deposits, you understand that there is a research fee for gathering the requested items. Any copy requested that has been deposited within the last 60 days of the requested date can be provided by the next business day. The receiving time for copies requested that were deposited beyond 60 days from the requested date will vary per situation.
