Common use of Retention and Disposal of Items Clause in Contracts

Retention and Disposal of Items. You agree to retain each item for no fewer than five (5) days after your deposit is considered to be received. If a hold is placed on your deposit and you need to retain your check for a longer period, Navy Federal will notify you. Upon receipt of the funds, you agree to mark the item(s) prominently as “VOID” and to dispose of the item(s) in a way that prevents the representation of the item(s) for payment. You agree to store each retained item securely until such proper disposal is performed. You will promptly provide any retained item to Navy Federal as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any item. Errors or Discrepancies Notify Navy Federal as soon as possible at 0-000-000-0000 if you believe your statement is incorrect or if you need more information about a transaction listed on the statement. You must notify us no later than sixty (60) days after we sent the FIRST statement on which the problem appeared. If you do not notify us within sixty (60) days from the date your statement was sent, such statement regarding all deposits made through this Service shall be deemed correct, and you will be prohibited from bringing a claim against Navy Federal for such alleged error.

Appears in 2 contracts

Samples: Deposits Terms and Conditions, Deposits Terms and Conditions

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Retention and Disposal of Items. You agree to retain each item for no fewer than five (5) days after your deposit is considered to be received. If a hold is placed on your deposit and you need to retain your check for a longer period, Navy Federal will notify you. Upon receipt of the funds, you agree to mark xxxx the item(s) prominently as “VOID” and to dispose of the item(s) in a way that prevents the representation of the item(s) for payment. You agree to store each retained item securely until such proper disposal is performed. You will promptly provide any retained item to Navy Federal as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any item. You agree to comply with any request for audit, as deemed necessary by Navy Federal. Errors or Discrepancies Notify Navy Federal as soon as possible at 0-000-000-0000 if you believe your statement is incorrect or if you need more information about a transaction listed on the statement. You must notify us no later than sixty (60) days after we sent the FIRST statement on which the problem appeared. If you do not notify us within sixty (60) days from the date your statement was sent, such statement regarding all deposits made through this Service shall be deemed correct, and you will be prohibited from bringing a claim against Navy Federal for such alleged error.

Appears in 2 contracts

Samples: Deposits Terms, Deposits Terms

Retention and Disposal of Items. You agree to retain each item for no fewer than five (5) days after your deposit is considered to be received. If a hold is placed on your deposit and you need to retain your check for a longer period, Navy Federal will notify you. Upon receipt of the funds, you agree to mark the item(s) prominently as “VOID” and to dispose of the item(s) in a way that prevents the representation of the item(s) for payment. You agree to store each retained item securely until such proper disposal is performed. You will promptly provide any retained item to Navy Federal as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any item. You agree to comply with any request for audit, as deemed necessary by Navy Federal. Errors or Discrepancies Notify Navy Federal as soon as possible at 0-000-000-0000 if you believe your statement is incorrect or if you need more information about a transaction listed on the statement. You must notify us no later than sixty (60) days after we sent the FIRST statement on which the problem appeared. If you do not notify us within sixty (60) days from the date your statement was sent, such statement regarding all deposits made through this Service shall be deemed correct, and you will be prohibited from bringing a claim against Navy Federal for such alleged error.

Appears in 1 contract

Samples: Deposits Terms

Retention and Disposal of Items. You agree to retain each item for no fewer than five (5) days after your deposit is considered to be received. If a hold is placed on your deposit and you need to retain your check for a longer period, Navy Federal will notify you. Upon receipt of the funds, you agree to mark xxxx the item(s) prominently as “VOID” and to dispose of the item(s) in a way that prevents the representation repre- sentation of the item(s) for payment. You agree to store each retained item securely until such proper disposal is performed. You will promptly provide any retained item to Navy Federal as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any item. Errors or Discrepancies Notify Navy Federal as soon as possible at 0-000-000-0000 if you believe your statement is incorrect or if you need more information about a transaction trans- action listed on the statement. You must notify us no later than sixty (60) days after we sent the FIRST statement on which the problem appeared. If you do not notify us within sixty (60) days from the date your statement was sent, such statement regarding all deposits made through this Service shall be deemed correct, and you will be prohibited from bringing a claim against Navy Federal for such alleged error.

Appears in 1 contract

Samples: Deposits Terms and Conditions

Retention and Disposal of Items. You agree to retain each item for no fewer than five (5) days after your deposit is considered to be received. If a hold is placed on your deposit and you need to retain your check for a longer period, Navy Federal will notify you. Upon receipt of the funds, you agree to mark xxxx the item(s) prominently as “VOID” and to dispose of the item(s) in a way that prevents the representation of the item(s) for payment. You agree to store each retained item securely until such proper disposal is performed. You will promptly provide any retained item to Navy Federal as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any item. Errors or Discrepancies Notify Navy Federal as soon as possible at 0-000-000-0000 if you believe your statement is incorrect or if you need more information about a transaction listed on the statement. You must notify us no later than sixty (60) days after we sent the FIRST statement on which the problem appeared. If you do not notify us within sixty (60) days from the date your statement was sent, such statement regarding all deposits made through this Service shall be deemed correct, and you will be prohibited from bringing a claim against Navy Federal for such alleged error.

Appears in 1 contract

Samples: Deposits Terms and Conditions

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Retention and Disposal of Items. You agree to retain each item for no fewer than five (( 5) days after your d ays a fter y our deposit is considered to be received. If a hold is placed on your deposit and you need to retain your check for a longer period, Navy Federal will notify you. Upon receipt of the funds, you agree to mark the item(s) prominently as “VOID” and to dispose of the item(s) in a way that prevents the representation of the item(s) for payment. You agree to store each retained item securely until such proper disposal is performed. You will promptly provide any retained item to Navy Federal as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any item. You agree to comply with any request for audit, as deemed necessary by Navy Federal. Errors or Discrepancies Notify Navy Federal as soon as possible at 0-000-000-0000 if you believe your statement is incorrect or if you need more information about a transaction listed on the statement. You must notify us no later than sixty (60) days after we sent the FIRST statement on which the problem appeared. If you do not notify us within sixty (60) days from the date your statement was sent, such statement regarding all deposits made through this Service shall be deemed correct, and you will be prohibited from bringing a claim against Navy Federal for such alleged error.

Appears in 1 contract

Samples: Deposits Terms

Retention and Disposal of Items. You agree to retain each item for no fewer than five (5) days after your deposit is considered to be received. If a hold is placed on your deposit and you need to retain your check for a longer period, Navy Federal will notify you. Upon receipt of the funds, you agree to mark xxxx the item(s) prominently as “VOID” and to dispose of the item(s) in a way that prevents the representation re-presentation of the item(s) for payment. You agree to store each retained item securely until such proper disposal is performed. You will promptly provide any retained item to Navy Federal as requested to aid in the clearing and collection process or to resolve claims by third parties with respect to any item. You agree to comply with any request for audit, as deemed necessary by Navy Federal. Errors or Discrepancies Notify Navy Federal as soon as possible at 0-000-000-0000 if you believe your statement is incorrect or if you need more information about a transaction trans- action listed on the statement. You must notify us no later than sixty (60) days after we sent the FIRST statement on which the problem appeared. If you do not notify us within sixty (60) days from the date your statement was sent, such statement regarding all deposits made through this Service shall be deemed correct, and you will be prohibited from bringing a claim against Navy Federal for such alleged error.

Appears in 1 contract

Samples: www.navyfederal.org

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