Common use of Return Deposited Items (Chargebacks Clause in Contracts

Return Deposited Items (Chargebacks. If we cash a check for you or accept any Item for deposit to your Account and it is later returned to the Bank unpaid (a “Chargeback”), we will charge you a fee and debit your Account for the amount of the Chargeback. If a Chargeback causes an Overdraft on your Account, we will also charge you a fee for the Overdraft. See the fee schedule for your Account for details regarding these fees.

Appears in 5 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement

AutoNDA by SimpleDocs

Return Deposited Items (Chargebacks. If we cash a check for you or accept any Item for deposit to your Account and it is later returned to the Bank unpaid (a “Chargeback”), we will charge you a fee and debit your Account for the amount of the Chargeback. If a Chargeback causes an Overdraft on your Account, we will also charge you a fee for the Overdraft. See the fee schedule for your Account for details regarding these fees.

Appears in 4 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!