Common use of Retention of Original Check Clause in Contracts

Retention of Original Check. Once your check image has been credited to your account, you must xxxx the original check by writing mobile check deposit on the front with the date and retain the check for ninety (90) days. You may not present the original check or any image or substitute check created from the original check for payment at any other financial institution. During this 90-day period, you must store the original paper check securely using precautions at least as secure as those you would use to protect a blank check and you must make the original paper check available to us for review at any time and as necessary for us to facilitate the clearing and collection process, to address third party claims, or for our own audit purposes. Should you fail to produce the original paper check, you authorize us to deduct the amount of the check in question from your account, regardless of whether such action may cause your account to not have sufficient funds, and to pay any associated fees. Immediately after this 90-day period, you must destroy the original paper check.

Retention of Original Check. Once your check image has been credited to your account, you must xxxx mark the original check by writing mobile check deposit on the front with the date and retain the check for ninety ten (9010) days. You may not present the original check or any image or substitute check created from the original check for payment at any other financial institution. During this 9010-day period, you must store the original paper check securely using precautions at least as secure as those you would use to protect a blank check check, and you must make the original paper check available to us for review at any time and as necessary for us to facilitate the clearing and collection process, to address third party claims, or for our own audit purposes. Should you fail to produce the original paper check, you authorize us to deduct the amount of the check in question from your account, regardless of whether such action may cause your account to not have sufficient funds, and to pay any associated fees. Immediately after this 9010-day period, you must destroy the original paper check.

Retention of Original Check. Once your check image has been credited to your account, you must xxxx mark the original check by writing mobile check deposit on the front with the date and retain the check for ninety fourteen (9014) days. You may not present the original check or any image or substitute check created from the original check for payment at any other financial institution. During this 9014-day period, you must store the original paper check securely using precautions at least as secure as those you would use to protect a blank check and you must make the original paper check available to us for review at any time and as necessary for us to facilitate the clearing and collection process, to address third party claims, or for our own audit purposes. Should you fail to produce the original paper check, you authorize us to deduct the amount of the check in question from your account, regardless of whether such action may cause your account to not have sufficient funds, and to pay any associated fees. Immediately after this 9014-day period, you must destroy the original paper check.