Common use of Retention of Original Check Clause in Contracts

Retention of Original Check. When the Check Image you have submitted to us for electronic deposit has been credited to your account, you must mark the original check with the word "VOID MOBILE DEPOSIT MM/DD/YY" in ink which cannot be erased, and you must retain the physical check securely for period of ten (10) days. You must store the check securely, using precautions at least as secure as you would use to protect blank checks. You must make the original paper check available to us at our request at any time. If you fail to produce the original check upon our request during the ten (10) day period, you authorize us to deduct the amount in question from your account, regardless of whether such deduction may cause your account to become overdrawn, and to pay any associated fees. At the expiration of the ten (10) day period, you must destroy the original paper check. FUNDS AVAILABILITY You agree that items transmitted using the Service are not subject to the funds availability requirements of Federal Reserve Board Regulation CC. In general, if an image of an item you transmit through the Service is received and accepted before 7:00 p.m. Central time on a business day, we consider that day to be the day of your deposit. Otherwise, we will consider that the deposit was made on the next business day we are open. Funds deposited using the Services will generally be made available in five (5) business days from the day of the deposit. We may make such funds available sooner based on such factors as the length and extent of your relationship with us, transaction and experience information and other such factors that the Bank, in its sole discretion, deems relevant. If we delay availability of funds from your deposit, we will notify you by email at the email address provided through your Online Banking enrollment. You may update your phone, physical address or email address at anytime through Online Banking. SECURITY PROCEDURES You are solely responsible for the security of your access to the Service. You should not provide access to the Service to anyone other than an owner of the Account. You must comply with the security procedures or practices we require from time to time. You are also solely responsible for safeguarding the security and confidentiality of any information obtained through your use of the Service, for physical checks which you have imaged and for preventing errors or unauthorized access to the Service and/or your Accounts. AVAILABILITY OF THE SERVICE We will use reasonable efforts to make the Service available; however, the Service may be unavailable from time to time for maintenance or other reasons. If the Service is unavailable or any reason, you must make your deposits in another manner. We make no representations or warranties about the availability of the Service. In addition, we will not be liable for any inaccurate or incomplete transmissions deposits you have attempted to make through the Service which were not completely processed or posted. YOUR USE OF THE SERVICE IS AT YOUR SOLE RISK. THE SERVICE IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. WE EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND AS TO THE SERVICE, WHETHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON- INFRINGEMENT. WE WILL NOT BE LIABLE FOR ANY DIRECT, SPECIAL, INDIRECT, PUNITIVE OR CONSEQUENTIAL DAMAGES, INCLUDING WITHOUT LIMITATION LOST PROFITS OR REVENUES RESULTING FROM YOUR USE OR INABILITY TO USE THE SERVICE, EVEN IF WE ARE ADVISED IN ADVANCE OF THE POSSIBILITY OF SUCH DAMAGES. Much of our relationship with you is regulated by state and federal law, including the Uniform Commercial Code, and regulations of the Federal Reserve System, other regulatory agencies and clearinghouse associations. These laws and regulations, as well as the terms of the Agreement, may change from time to time without notice to you unless required by law. Your continued use of the Service following receipt of the Agreement or notice of a change is considered acceptance of the Agreement or change. Notice of a change may be made by mail or electronically.

Retention of Original Check. When Once the funds from the Check Image you have submitted to us for electronic deposit has been credited to your accountStash Account, you must mark the original check with the word "VOID MOBILE DEPOSIT MM/DD/YY" in ink which cannot be erased, as “VOID” and you must retain the physical check securely it for period of ten sixty (1060) days. You may not present the Original Check or any Substitute Check created from the Original Check for payment at any other financial institution. During this sixty (60) day period, you must store the check securely, Original Check securely using precautions at least as secure as those you would use to protect a blank checkscheck. You must make the original paper check Original Check available to us at our request Stash or the Bank for review at any timetime during this sixty (60) day period as necessary to facilitate the clearing and deposit process, to address third-party claims, or for our own audit purposes. If Should you fail to produce the original check upon our request during the ten (10) day periodOriginal Check, you authorize us Stash or the Bank to deduct the amount of the check in question from your accountStash Account, regardless of whether such deduction action may cause your account Account to become overdrawn, and to pay any associated feesnot have sufficient funds. At the expiration of the ten Immediately after this sixty (1060) day period, you must securely and thoroughly destroy the original paper checkOriginal Check. FUNDS AVAILABILITY You agree will endorse any check or other item submitted for deposit exactly as it was made payable to you. You warrant that all endorsements on items transmitted using deposited to your Account are genuine. Any endorsement must be placed in the Service are not subject to one-inch area starting at the funds availability requirements of Federal Reserve Board Regulation CC. In general, if an image left side on the back of an item you transmit through item, and the Service is received and accepted before 7:00 p.m. Central time on a business day, we consider that day to be the day of your deposit. Otherwise, we will consider that the deposit was made remaining area on the next business day we are open. Funds deposited using the Services will generally be made available in five (5) business days from the day back of the deposit. We item may make such funds available sooner based on such factors as the length and extent of your relationship with usnot contain any preprinted, transaction and experience information and other such factors that the Bankstamped, in its sole discretion, deems relevantor handwritten information. If we delay availability of funds from your deposityou fail to do this, we will notify you by email at the email address provided through your Online Banking enrollment. You may update your phone, physical address or email address at anytime through Online Banking. SECURITY PROCEDURES You are solely responsible for the security of your access to the Service. You should not provide access to the Service to anyone other than an owner of the Account. You must comply with the security procedures or practices we require from time to time. You are also solely responsible for safeguarding the security and confidentiality of any information obtained through your use of the Service, for physical checks which you have imaged and for preventing errors or unauthorized access to the Service and/or your Accounts. AVAILABILITY OF THE SERVICE We will use reasonable efforts to make the Service available; however, the Service may be unavailable from time required to time reimburse Stash for maintenance or other reasonslosses incurred. If the Service is unavailable or For any reasoncheck deposited as a Check Image through MRDC Service, you must make endorse the check by signing or stamping the back and including a restrictive endorsement of: “For Mobile Deposit Only to Stash #XXXXXXXXXX” or as otherwise instructed by Stash before you take a picture of the check. Check Images received that are not endorsed in accordance with this provision may be rejected. You authorize Stash or the Bank to supply any missing endorsements if items are made payable to you or your deposits order and you have not endorsed them. You warrant that all endorsements on items deposited to your Account are genuine. Endorsements must be placed only in another mannerthe area so designated on the reverse side of the check. The remaining area of the check cannot contain any preprinted, stamped, or handwritten customer information. We make no representations or warranties about reserve the availability right to disregard any information on the check other than the drawer's signature, the payee, the amount, any magnetically-encoded information at the bottom of the Servicecheck, and endorsements on the reverse side of the check unless we have previously agreed to do so in writing. In additionFor example, we will not be liable for any inaccurate damages because we pay an Item that contains any conditional statement or incomplete transmissions deposits restriction such as "Void after 90 days," "Void over $100," "Payment in Full," or "Two Signatures Required." We will adhere to such conditional statements only if you have attempted to make through the Service which were not completely processed or posted. YOUR USE OF THE SERVICE IS AT YOUR SOLE RISK. THE SERVICE IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. WE EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND AS TO THE SERVICE, WHETHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON- INFRINGEMENT. WE WILL NOT BE LIABLE FOR ANY DIRECT, SPECIAL, INDIRECT, PUNITIVE OR CONSEQUENTIAL DAMAGES, INCLUDING WITHOUT LIMITATION LOST PROFITS OR REVENUES RESULTING FROM YOUR USE OR INABILITY TO USE THE SERVICE, EVEN IF WE ARE ADVISED IN ADVANCE OF THE POSSIBILITY OF SUCH DAMAGES. Much of our relationship with you is regulated by state and federal law, including the Uniform Commercial Code, and regulations notify us of the Federal Reserve System, other regulatory agencies statements before the Item is presented and clearinghouse associationswe have specifically agreed in writing to honor such conditional payment restrictions. These laws and regulations, If an Item is returned or payment is delayed as well as a result of any writing or marking that you or a prior endorser placed on the terms front or back of the AgreementItem, may change from time to time without notice to you unless required by law. Your continued use of the Service following receipt of the Agreement will be responsible for any cost and liabilities associated with such return or notice of a change is considered acceptance of the Agreement or change. Notice of a change may be made by mail or electronicallydelay.

Retention of Original Check. When the Check Image you have submitted to us for electronic deposit has been credited to your account, you must mark muxx xark the original check with the word "VOID MOBILE DEPOSIT MM/DD/YY" in ink which cannot be erased, and you must retain the physical check securely for period of ten (10) days. You must store the check securely, using precautions at least as secure as you would use to protect blank checks. You must make the original paper check available to us at our request at any time. If you fail to produce the original check upon our request during the ten (10) day period, you authorize us to deduct the amount in question from your account, regardless of whether such deduction may cause your account to become overdrawn, and to pay any associated fees. At the expiration of the ten (10) day period, you must destroy the original paper check. FUNDS AVAILABILITY You agree that items transmitted using the Service are not subject to the funds availability requirements of Federal Reserve Board Regulation CC. In general, if an image of an item you transmit through the Service is received and accepted before 7:00 p.m. Central time on a business day, we consider that day to be the day of your deposit. Otherwise, we will consider that the deposit was made on the next business day we are open. Funds deposited using the Services will generally be made available in five (5) business days from the day of the deposit. We may make such funds available sooner based on such factors as the length and extent of your relationship with us, transaction and experience information and other such factors that the Bank, in its sole discretion, deems relevant. If we delay availability of funds from your deposit, we will notify you by email at the email address provided through your Online Banking enrollment. You may update your phone, physical address or email address at anytime through Online Banking. SECURITY PROCEDURES You are solely responsible for the security of your access to the Service. You should not provide access to the Service to anyone other than an owner of the Account. You must comply with the security procedures or practices we require from time to time. You are also solely responsible for safeguarding the security and confidentiality of any information obtained through your use of the Service, for physical checks which you have imaged and for preventing errors or unauthorized access to the Service and/or your Accounts. AVAILABILITY OF THE SERVICE We will use reasonable efforts to make the Service available; however, the Service may be unavailable from time to time for maintenance or other reasons. If the Service is unavailable or any reason, you must make your deposits in another manner. We make no representations or warranties about the availability of the Service. In addition, we will not be liable for any inaccurate or incomplete transmissions deposits you have attempted to make through the Service which were not completely processed or posted. YOUR USE OF THE SERVICE IS AT YOUR SOLE RISK. THE SERVICE IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. WE EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND AS TO THE SERVICE, WHETHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON- INFRINGEMENT. WE WILL NOT BE LIABLE FOR ANY DIRECT, SPECIAL, INDIRECT, PUNITIVE OR CONSEQUENTIAL DAMAGES, INCLUDING WITHOUT LIMITATION LOST PROFITS OR REVENUES RESULTING FROM YOUR USE OR INABILITY TO USE THE SERVICE, EVEN IF WE ARE ADVISED IN ADVANCE OF THE POSSIBILITY OF SUCH DAMAGES. Much of our relationship with you is regulated by state and federal law, including the Uniform Commercial Code, and regulations of the Federal Reserve System, other regulatory agencies and clearinghouse associations. These laws and regulations, as well as the terms of the Agreement, may change from time to time without notice to you unless required by law. Your continued use of the Service following receipt of the Agreement or notice of a change is considered acceptance of the Agreement or change. Notice of a change may be made by mail or electronically.