Common use of Returned Deposits Clause in Contracts

Returned Deposits. As with any non-cash deposit, Checks deposited using BankIowa Mobile Deposit are subject to final funds collection from the payor bank. If an original check deposited through BankIowa Mobile Deposit is dishonored, rejected or otherwise returned unpaid for any reason, we will charge the deposit amount back to your account. Returned item fees will apply as disclosed in your Schedule of Fees. You understand and agree, since the original check is your property, the check will not be returned and the Bank may charge back an image of the check, an ACH debit, or other electronic or paper debit, as applicable, to your account. You further agree that any image that we charge back may be in the form of an electronic or paper reproduction of the original check or a substitute check. You may not use the Service to deposit a substitute check and you may not deposit the original check through the service or in any other manner if you receive a dishonored check. You may be able to negotiate a returned substitute item in person, and should speak to a customer service representative at any of our branches if you require such assistance. In accordance with your Account Agreement, BankIowa reserves the right to “setoff” the amount of the returned item and any applicable fees with funds from any BankIowa account held by you. As with any returned item, you will be responsible for reimbursing us for all loss, cost, damage or expense caused by or relating to the processing of the returned item. You agree to comply with any additional instructions we may provide to you in connection with returned checks. Original checks. After you’ve confirmed that the deposit has been credited to your account, you must securely store the original check for thirty (30) days after transmission to us and make the original check accessible to us at our request. We may request to view the original check for a variety of reasons, such as we have concerns with the accuracy or validity of the image. Upon our request, and within five (5) business days, you must deliver to us, at your expense, the original check. If you do not provide the original check in a timely manner, the deposit in question will be reversed from your account. At the end of this thirty (30) day period, 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 an original check, the image will be the sole evidence of the original check. You agree that you will never re-present the original check. You understand that you are responsible if the original check is ever presented again for payment.

Returned Deposits. As with any non-cash deposit, Checks Any credit to your account for checks deposited using BankIowa Mobile Remote Deposit is provisional. If original checks deposited through Remote Deposit are subject to final funds collection from the payor bank. If an original check deposited through BankIowa Mobile Deposit is dishonored, rejected or otherwise returned unpaid by the drawee bank, or are rejected or returned by a clearing agent or collecting bank, for any reason, we will charge including, but not limited to, issues relating to the deposit amount back to your account. Returned item fees will apply as disclosed in your Schedule quality of Fees. You understand and agreethe image, since the you agree that an original check is your property, the check will not be returned and the Bank to you, but that we may charge back the amount of the original check and provide you with an image of the original check, an ACH debit, or other electronic or paper debit, as applicable, to your account. You further agree that any image that we charge back may be in the form of an electronic or a paper reproduction of the original check or a substitute check. You may not use With respect to any item that you transmit to us for remote deposit that we credit to your account, in the Service event such item is dishonored, you authorize us to deposit a substitute check and you may not deposit the original check through the service or in any other manner if you receive a dishonored check. You may be able to negotiate a returned substitute item in person, and should speak to a customer service representative at any of our branches if you require such assistance. In accordance with your Account Agreement, BankIowa reserves the right to “setoff” debit the amount of such item from your account, plus a returned check fee as stated in our Fee Schedule. We will notify you via email of transactions we are unable to process because of returned items. Should the email be returned as undeliverable, the Credit Union will have completed its obligation to alert you of a rejected item and is under no obligation to attempt any applicable fees with funds from any BankIowa account held by youredelivery of the email. As with any returned item, you You will be responsible for reimbursing reimburse us for all loss, cost, damage or expense caused by or relating to the processing of the returned item. You agree Without our approval, you shall not attempt to comply with any additional instructions we may provide to you in connection with returned checks. Original checks. After you’ve confirmed that the deposit or otherwise negotiate an original check if it has been credited charged back to your account, you must securely store the original check for thirty (30) days after transmission to us and make the original check accessible to us at our requestyou. We may request debit any of your accounts to view obtain payment for any item that has been rejected or returned, for any adjustment related to such item or for any warranty claim related to such item, whether or not the original check for a variety of reasonsrejection, such as we have concerns with the accuracy return, adjustment or validity of the image. Upon our request, and within five (5) business days, you must deliver to us, at your expense, the original check. If you do not provide the original check in a timely manner, the deposit in question will be reversed from your account. At the end of this thirty (30) day period, 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 an original check, the image will be the sole evidence of the original check. You agree that you will never re-present the original check. You understand that you are responsible if the original check is ever presented again for paymentwarranty claim was made timely.

Returned Deposits. As with any non-cash deposit, Checks Any credit to your Linked Account for Eligible Items deposited using BankIowa Mobile Deposit are subject to final funds collection from the payor bankBanking is provisional. If an original check Eligible Items deposited through BankIowa Mobile Deposit is Banking are dishonored, rejected rejected, or otherwise returned unpaid by the drawee bank, or are rejected or returned by a clearing agent or collecting bank, for any reason, we will charge including, but not limited to, issues relating to the deposit amount back to your account. Returned item fees will apply as disclosed in your Schedule quality of Fees. You understand and agreethe Image, since you agree that the original check is your property, the check Eligible Item will not be returned and to you (because you will have destroyed or maintained possession of the Eligible Item), but that Bank may charge back an image the amount of the checkEligible Item and provide you with an Image of the Eligible Item, an ACH debit, or other electronic or paper debit, as applicable, to your account. You further agree that any image that we charge back may be in the form of an electronic or a paper reproduction of the original check Eligible Item, or a substitute checkSubstitute Check. You may not use the Service to deposit a substitute check and you may not deposit the original check through the service or in any other manner if you receive a dishonored check. You may be able to negotiate a returned substitute item in person, and should speak to a customer service representative at any of our branches if you require such assistance. In accordance with your Account Agreement, BankIowa reserves the right to “setoff” the amount of the returned item and any applicable fees with funds from any BankIowa account held by you. As with any returned item, you will be responsible for reimbursing us reimburse Bank for all loss, cost, damage damages, or expense caused by or relating to the processing of the returned itemEligible Item. You agree Without our approval, you shall not attempt to comply with any additional instructions we may provide to you in connection with returned checks. Original checks. After you’ve confirmed that the deposit or otherwise negotiate an Eligible Item if it has been credited charged back to you. Bank may debit any of your accountAccounts (regardless of whether such Accounts are Linked Accounts) to obtain payment for any Eligible Item that has been rejected or returned, you must securely store for any adjustment related to such item or for any warranty claim related to such item, whether or not the original check for thirty (30) days after transmission to us and make the original check accessible to us at our request. We may request to view the original check for a variety of reasonsrejections, such as we have concerns with the accuracy return, adjustments or validity of the image. Upon our request, and within five (5) business days, you must deliver to us, at your expense, the original check. If you do not provide the original check in a timely manner, the deposit in question will be reversed from your account. At the end of this thirty (30) day period, 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 an original check, the image will be the sole evidence of the original check. You agree that you will never re-present the original check. You understand that you are responsible if the original check is ever presented again for paymentwarranty claim was made timely.

Returned Deposits. As with any non-cash deposit, Checks Any credit to your Linked Account for Eligible Items deposited using BankIowa Mobile Deposit are subject to final funds collection from the payor bankServices is provisional. If an original check Eligible Items deposited through BankIowa Mobile Deposit is the Services are dishonored, rejected or otherwise returned unpaid by the drawee bank, or are rejected or returned by a clearing agent or collecting bank, for any reason, we will charge including, but not limited to, issues relating to the deposit amount back to your account. Returned item fees will apply as disclosed in your Schedule quality of Fees. You understand and agreethe Image, since you agree that the original check is your property, the check Eligible Item will not be returned and to you (because you will have destroyed or maintained possession of the Bank Eligible Item), but that we may charge back an image the amount of the checkEligible Item and provide you with an Image of the Eligible Item, an ACH debit, or other electronic or paper debit, as applicable, to your account. You further agree that any image that we charge back may be in the form of an electronic or a paper reproduction of the original check Eligible Item or a substitute checkSubstitute Check. You may not use the Service to deposit a substitute check and you may not deposit the original check through the service or in any other manner if you receive a dishonored check. You may be able to negotiate a returned substitute item in person, and should speak to a customer service representative at any of our branches if you require such assistance. In accordance with your Account Agreement, BankIowa reserves the right to “setoff” the amount of the returned item and any applicable fees with funds from any BankIowa account held by you. As with any returned item, you will be responsible for reimbursing reimburse us for all loss, cost, damage or expense caused by or relating to the processing of the returned itemEligible Item. You agree Without our approval, you shall not attempt to comply with any additional instructions deposit or otherwise negotiate an Eligible Item if it has been charged back to you. Subject to the terms of the Retail Account Agreement and applicable law, we may provide debit any of your accounts (regardless of whether such accounts are Linked Accounts) to you in connection with returned checks. Original checks. After you’ve confirmed obtain payment for any Eligible Item that the deposit has been credited rejected or returned, for any adjustment related to your accountsuch item or for any warranty claim related to such item, you must securely store whether or not the original check for thirty (30) days after transmission to us and make the original check accessible to us at our request. We may request to view the original check for a variety of reasonsrejection, such as we have concerns with the accuracy return, adjustment or validity of the image. Upon our request, and within five (5) business days, you must deliver to us, at your expense, the original check. If you do not provide the original check in a timely manner, the deposit in question will be reversed from your account. At the end of this thirty (30) day period, 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 an original check, the image will be the sole evidence of the original check. You agree that you will never re-present the original check. You understand that you are responsible if the original check is ever presented again for paymentwarranty claim was made timely.

Returned Deposits. As with any non-cash deposit, Checks Any credit to your account for checks deposited using BankIowa Mobile Deposit are subject to final funds collection from the payor bankPFCU eDeposit is provisional. If an original check checks deposited through BankIowa Mobile Deposit is PFCU eDeposit are dishonored, rejected or otherwise returned unpaid by the drawee bank, or are rejected or returned by a clearing agent or collecting bank, for any reason, we will charge including, but not limited to, issues relating to the deposit amount back to your account. Returned item fees will apply as disclosed in your Schedule quality of Fees. You understand and agreethe image, since the you agree that an original check is your property, the check will not be returned and the Bank to you, but that we may charge back the amount of the original check and provide you with an image of the original check, an ACH debit, or other electronic or paper debit, as applicable, to your account. You further agree that any image that we charge back may be in the form of an electronic or a paper reproduction of the original check or a substitute check. You may not use With respect to any item that you transmit to us for remote deposit that we credit to your account, in the Service event such item is dishonored, you authorize us to deposit a substitute check and you may not deposit the original check through the service or in any other manner if you receive a dishonored check. You may be able to negotiate a returned substitute item in person, and should speak to a customer service representative at any of our branches if you require such assistance. In accordance with your Account Agreement, BankIowa reserves the right to “setoff” debit the amount of such item from your account, plus a returned check fee as stated in our Fee Schedule. We will notify you via mail in the event we are unable to process the returned items. Should the mail be returned as undeliverable, the Credit Union will have completed its obligation to alert you of a rejected item and is under no obligation to attempt any applicable fees with funds from any BankIowa account held by youredelivery of the mail. As with any returned item, you You will be responsible for reimbursing reimburse us for all loss, cost, damage or expense caused by or relating to the processing of the returned item. You agree Without our approval, you shall not attempt to comply with any additional instructions we may provide to you in connection with returned checks. Original checks. After you’ve confirmed that the deposit or otherwise negotiate an original check if it has been credited charged back to your account, you must securely store the original check for thirty (30) days after transmission to us and make the original check accessible to us at our requestyou. We may request debit any of your accounts to view obtain payment for any item that has been rejected or returned, for any adjustment related to such item or for any warranty claim related to such item, whether or not the original check for a variety of reasonsrejection, such as we have concerns with the accuracy return, adjustment or validity of the image. Upon our request, and within five (5) business days, you must deliver to us, at your expense, the original check. If you do not provide the original check in a timely manner, the deposit in question will be reversed from your account. At the end of this thirty (30) day period, 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 an original check, the image will be the sole evidence of the original check. You agree that you will never re-present the original check. You understand that you are responsible if the original check is ever presented again for paymentwarranty claim was made timely.

Returned Deposits. As with any non-cash deposit, Checks Any checks deposited using BankIowa through the Mobile Deposit are Services will be provisionally credited to your Account. As used herein, “Provisionally” means that the deposit is made to your Account subject to final funds collection from payment of the payor bankChecks and subject to the terms of the Deposit Account Agreement. If an original check Original Checks deposited through BankIowa the Mobile Deposit is Services are dishonored, rejected or otherwise returned unpaid by the drawee bank, or are rejected or returned by a clearing agent or collecting bank, for any reasonreason including, we will charge but not limited to, issues relating to the deposit amount back to your account. Returned item fees will apply as disclosed in your Schedule quality of Fees. You understand and agreethe Image, since the original check is your property, the check you agree that an Original Check will not be returned and the Bank to you, but that we may charge back an image the amount of the checkOriginal Check and provide you with an Image of the Original Check, an ACH debit, or other electronic or paper debit, as applicable, to your account. You further agree that any image that we charge back may be in the form of an electronic or a paper reproduction of the original Original check or a substitute check. You may not use the Service to deposit a substitute check and you may not deposit the original check through the service or in any other manner if you receive a dishonored check. You may be able to negotiate a returned substitute item in person, and should speak to a customer service representative at any of our branches if you require such assistance. In accordance with your Account Agreement, BankIowa reserves the right to “setoff” the amount of the returned item and any applicable fees with funds from any BankIowa account held by you. As with any returned item, you will be responsible for reimbursing reimburse us for all loss, cost, damage or expense caused by or relating to the processing of the returned item. You agree Without our approval, you shall not attempt to comply with any additional instructions we may provide to you in connection with returned checks. deposit or otherwise negotiate an Original checks. After you’ve confirmed that the deposit Check if it has been credited charged back to your account, you must securely store the original check for thirty (30) days after transmission to us and make the original check accessible to us at our requestyou. We may request debit any of your Accounts to view obtain payment for any item that has been rejected or returned, for any adjustment related to such item or for any warranty claim related to such item, whether or not the original check for a variety of reasonsrejection, such as we have concerns with the accuracy return, adjustment or validity of the image. Upon our request, and within five (5) business days, you must deliver to us, at your expense, the original check. If you do not provide the original check warranty claim was made in a timely manner. O. Availability of the Mobile Deposit Services. The Mobile Deposit Services are generally available 7 days a week, 24 hours a day. At certain times, the Mobile Deposit Services may not be available due to system maintenance or technical difficulties, including those of the wireless service provider, the software or circumstances beyond our control. We are not responsible for the unavailability of the Mobile Deposit Services or any damages that may result from its unavailability and the Credit Union is not responsible for providing an alternate method of remote deposit in question if the Mobile Deposit Services are not available. If you are not able to use the Mobile Deposit Services to make deposits, you may physically mail or deliver your deposits to our retail banking offices or through our ATMs that accept deposits. The deposit of Original Checks at a retail banking office or at an ATM will be reversed from your account. At governed by the end terms and conditions contained in our Deposit Account Agreement and not by the terms of this thirty (30) day period, 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 an original check, the image will be the sole evidence of the original check. You agree that you will never re-present the original check. You understand that you are responsible if the original check is ever presented again for paymentAgreement.

Returned Deposits. As with any non-cash deposit, Checks Any credit to your account for checks deposited using BankIowa Mobile Deposit is provisional. If original checks deposited through Mobile Deposit are subject to final funds collection from the payor bank. If an original check deposited through BankIowa Mobile Deposit is dishonored, rejected rejected, or otherwise returned unpaid by the drawee bank, or are rejected or returned by a clearing agent or collecting bank, for any reason, we will charge including, but not limited to, issues relating to the deposit amount back to your account. Returned item fees will apply as disclosed in your Schedule quality of Fees. You understand and agreethe image, since the you agree that an original check is your property, the check will not be returned and the Bank to you but that we may charge back the amount of the original check and provide you with an image of the original check, an ACH debit, or other electronic or paper debit, as applicable, to your account. You further agree that any image that we charge back may be in the form of an electronic or a paper reproduction of the original check check, or a substitute check. You may not use With respect to any item that you transmit to us for remote deposit that we credit to your account, in the Service event such item is dishonored, you authorize us to deposit a substitute check and you may not deposit the original check through the service or in any other manner if you receive a dishonored check. You may be able to negotiate a returned substitute item in person, and should speak to a customer service representative at any of our branches if you require such assistance. In accordance with your Account Agreement, BankIowa reserves the right to “setoff” debit the amount of such item from your account plus a returned-check fee as stated in our fee schedule. We will notify you via email of transactions we are unable to process because of returned items. Should the email be returned as undeliverable, the credit union will have completed our obligation to alert you of a rejected item and we are under no obligation to attempt any applicable fees with funds from any BankIowa account held by youre-delivery of the email. As with any returned item, you You will be responsible for reimbursing reimburse us for all loss, cost, damage damage, or expense caused by or relating to the processing of the returned item. You agree Without our approval, you shall not attempt to comply with any additional instructions we may provide to you in connection with returned checks. Original checks. After you’ve confirmed that the deposit or otherwise negotiate an original check if it has been credited charged back to you. We may debit any of your accountaccounts to obtain payment for any item that has been rejected or returned, you must securely store forany adjustment related to such item, or for any warranty claim related to such item, whether or not the rejection, return, adjustment, or warranty claim was made timely. Your Warranties. You make the following warranties and representations with respect to each image: • Each image of a check transmitted to us is a true and accurate rendition of the front and back of the original check, without any alteration, and the drawer of the check has no defense against payment of the check. • The amount, payee(s), signature(s), and endorsement(s) on the image and on the original check for thirty (30) days after transmission to us and make the original check accessible to us at our request. We may request to view the original check for a variety of reasonsare legible, such as we have concerns with the accuracy or validity of the image. Upon our requestgenuine, and within five (5) business daysaccurate. • You will not deposit, you must deliver or otherwise endorse to us, at your expensea third party, the original check. If you do not provide , and no person will receive a transfer, presentment, or return of, or otherwise be charged for, the original check in or a timely manner, the deposit in question will be reversed from your account. At the end paper or electronic representation of this thirty (30) day period, 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 an original check, such that the image person will be the sole evidence asked to make payment based on an item that has already been paid. • There are no other duplicate images of the original check. You agree that you will never re-present • The original check was authorized by the drawer in the amount stated on the original check and to the payee(s) stated on the original check. • You understand that you are responsible if authorized to enforce and obtain payment of the original check. • You will retain possession of each original check is ever presented again deposited using Mobile Deposit for payment.the required

Returned Deposits. As with any non-cash deposit, Checks Any credit to your account for checks deposited using BankIowa Mobile Deposit is provisional. If original checks deposited through Mobile Deposit are subject to final funds collection from the payor bank. If an original check deposited through BankIowa Mobile Deposit is dishonored, rejected rejected, or otherwise returned unpaid by the drawee bank, or are rejected or returned by a clearing agent or collecting bank, for any reason, we will charge including, but not limited to, issues relating to the deposit amount back to your account. Returned item fees will apply as disclosed in your Schedule quality of Fees. You understand and agreethe image, since the you agree that an original check is your property, the check will not be returned and the Bank to you but that we may charge back the amount of the original check and provide you with an image of the original check, an ACH debit, or other electronic or paper debit, as applicable, to your account. You further agree that any image that we charge back may be in the form of an electronic or a paper reproduction of the original check check, or a substitute check. You may not use With respect to any item that you transmit to us for remote deposit that we credit to your account, in the Service event such item is dishonored, you authorize us to deposit a substitute check and you may not deposit the original check through the service or in any other manner if you receive a dishonored check. You may be able to negotiate a returned substitute item in person, and should speak to a customer service representative at any of our branches if you require such assistance. In accordance with your Account Agreement, BankIowa reserves the right to “setoff” debit the amount of such item from your account plus a returned-check fee as stated in our fee schedule. We will notify you via email of transactions we are unable to process because of returned items. Should the email be returned as undeliverable, the credit union will have completed our obligation to alert you of a rejected item and we are under no obligation to attempt any applicable fees with funds from any BankIowa account held by youre-delivery of the email. As with any returned item, you You will be responsible for reimbursing reimburse us for all loss, cost, damage damage, or expense caused by or relating to the processing of the returned item. You agree Without our approval, you shall not attempt to comply with any additional instructions we may provide to you in connection with returned checks. Original checks. After you’ve confirmed that the deposit or otherwise negotiate an original check if it has been credited charged back to you. We may debit any of your accountaccounts to obtain payment for any item that has been rejected or returned, you must securely store for any adjustment related to such item, or for any warranty claim related to such item, whether or not the rejection, return, adjustment, or warranty claim was made timely. Your Warranties. You make the following warranties and representations with respect to each image:  Each image of a check transmitted to us is a true and accurate rendition of the front and back of the original check, without any alteration, and the drawer of the check has no defense against payment of the check.  The amount, payee(s), signature(s), and endorsement(s) on the image and on the original check for thirty (30) days after transmission to us and make the original check accessible to us at our request. We may request to view the original check for a variety of reasonsare legible, such as we have concerns with the accuracy or validity of the image. Upon our requestgenuine, and within five (5) business daysaccurate.  You will not deposit, you must deliver or otherwise endorse to us, at your expensea third party, the original check. If you do not provide , and no person will receive a transfer, presentment, or return of, or otherwise be charged for, the original check in or a timely manner, the deposit in question will be reversed from your account. At the end paper or electronic representation of this thirty (30) day period, 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 an original check, such that the image person will be the sole evidence asked to make payment based on an item that has already been paid.  There are no other duplicate images of the original check. You agree that you will never re-present  The original check was authorized by the drawer in the amount stated on the original check and to the payee(s) stated on the original check.  You understand that you are responsible if authorized to enforce and obtain payment of the original check.  You will retain possession of each original check is ever presented again deposited using Mobile Deposit for payment.the required

Returned Deposits. As with any non-cash deposit, Checks deposited Any credit to your account using BankIowa Mobile Deposit are subject to final funds collection from the payor bankis provisional. If an original a check deposited through BankIowa Mobile Deposit is dishonored, rejected rejected, or otherwise returned as unpaid by the drawee bank, or the item is rejected, or returned by a clearing agent or collecting bank, for any reason, we will charge including, but not limited to, issues relating to the deposit amount back to your account. Returned item fees will apply as disclosed in your Schedule quality of Fees. You understand and agreethe image, since the you agree that an original check is your property, the check will not be returned and the Bank to you, but that we may charge back the amount of the original check and provide you with an image of the original check, an ACH debit, or other electronic or paper debit, as applicable, to your account. You further agree that any image that we charge back may be in the form of an electronic or a paper reproduction of the original check or a substitute check. You may not use the Service to deposit a substitute check and you may not deposit the original check through the service or in any other manner if you receive a dishonored check. You may be able to negotiate a returned substitute item in person, and should speak to a customer service representative at any of our branches if you require such assistance. In accordance with your Account Agreement, BankIowa reserves the right to “setoff” the amount of the returned item and any applicable fees with funds from any BankIowa account held by you. As with any returned item, you will be responsible for reimbursing reimburse us for all loss, cost, damage or expense caused by or relating to the processing of the returned item. You agree Without our approval, you shall not attempt to comply with any additional instructions we may provide to you in connection with returned checks. Original checks. After you’ve confirmed that the deposit or otherwise negotiate an original check if it has been credited charged back to your account, you must securely store the original check for thirty (30) days after transmission to us and make the original check accessible to us at our requestyou. We may request debit any of your accounts to view obtain payment for any item that has been rejected or returned, for any adjustment related to such item or for any warranty claim related to such item, whether or not the original check for rejection, return, adjustment or warranty claim was made timely. Returned deposit items will incur applicable fees according to the current fee structure. If a variety of reasonspayor financial institution or other third party makes a claim against us or seeks a re‐credit with respect to any image item processed, such as we have concerns with may provisionally freeze or hold aside a like amount in the accuracy or validity applicable account pending investigation and resolution of the image. Upon our requestclaim; Customer Representations and Warranties You represent and warrant that all checks transmitted through the use of the services are made payable to the Customer, all signatures and endorsements on each check are authentic and authorized, and within five (5) business days, you must deliver to us, at your expense, the original check. If you do each check has not provide the original check in a timely manner, the deposit in question will be reversed from your account. At the end of this thirty (30) day period, 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 an original check, the image will be the sole evidence of the original check. You agree that you will never re-present the original check. You understand that you are responsible if the original check is ever presented again for paymentbeen altered.

Returned Deposits. As with any non-cash deposit, Checks Any credit to your account for checks deposited using BankIowa Mobile Deposit are subject to final funds collection from the payor bankService is provisional. If an original check checks deposited through BankIowa Mobile Deposit is the Service are dishonored, rejected or otherwise returned unpaid by the drawee bank, or are rejected or returned by a clearing agent or collecting bank, for any reason, we will charge including, but not limited to, issues relating to the deposit amount back to your account. Returned item fees will apply as disclosed in your Schedule quality of Fees. You understand and agreethe image, since the you agree that an original check is your property, the check will not be returned and the Bank to you, but that we may charge back the amount of the original check and provide you with an image of the original check, an ACH debit, or other electronic or paper debit, as applicable, to your account. You further agree that any image that we charge back may be in the form of an electronic or a paper reproduction of the original check or a substitute check. You may not use With respect to any item that you transmit to us for remote deposit that we credit to your account, in the Service event such item is dishonored, you authorize us to deposit a substitute check and you may not deposit the original check through the service or in any other manner if you receive a dishonored check. You may be able to negotiate a returned substitute item in person, and should speak to a customer service representative at any of our branches if you require such assistance. In accordance with your Account Agreement, BankIowa reserves the right to “setoff” debit the amount of such item from your account, plus a returned check fee as stated in our Fee Schedule. We will notify you via email of transactions we are unable to process because of returned items. Should the email be returned as undeliverable, the Credit Union will have completed its obligation to alert you of a rejected item and is under no obligation to attempt any applicable fees with funds from any BankIowa account held by youredelivery of the email. As with any returned item, you You will be responsible for reimbursing reimburse us for all loss, cost, damage or expense caused by or relating to the processing of the returned item. Without our approval, you shall not attempt to deposit or otherwise negotiate an original check if it has been charged back to you. We may debit any of your accounts to obtain payment for any item that has been rejected or returned, for any adjustment related to such item or for any warranty claim related to such item, whether or not the rejection, return, adjustment or warranty claim was made timely. Unless prohibited by law, you pledge and grant as security for all obligations you may have now or in the future, except obligations secured by your principal residence, all shares and dividends and all deposits and interest, if any, in all accounts you have with us now and in the future. You agree we have the right to offset funds in any of your accounts against the obligation owed to us. Federal law gives us a lien on all shares and dividends and all deposits and interest, if any, in accounts you have with us now and in the future. Except as limited by federal or state law, the statutory lien gives us the right to apply the balance of all your accounts to any obligation on which you are in default. After you are in default, we may exercise our statutory lien rights without further notice to you. Your pledge and our statutory lien rights will allow us to apply the funds in your account(s) to what you owe when you are in default, except as limited by federal or state law. If we do not apply or offset the funds in your account(s) to satisfy your obligation, we may place an administrative freeze on your account(s) in order to protect our statutory lien rights and may apply or offset the funds in your account(s) to the amount you owe us at a later time. The statutory lien and your pledge do not apply to any Individual Retirement Account or any other account that would lose special tax treatment under federal or state law if given as security. By not enforcing our right to apply or offset funds in your account(s) to your obligations that are in default, we do not waive our right to enforce these rights at a later time. You will be responsible for any deficiencies after all accounts have been exhausted. You agree to comply with any additional instructions we may provide to pay all the costs of collecting the amount you in connection with returned checks. Original checks. After you’ve confirmed that the deposit has been credited to your accountowe under this Agreement, you must securely store the original check for thirty (30) days after transmission to us including collection and make the original check accessible to us at our request. We may request to view the original check for a variety of reasons, such as we have concerns with the accuracy or validity of the image. Upon our request, court costs and within five (5) business days, you must deliver to us, at your expense, the original check. If you do not provide the original check in a timely manner, the deposit in question will be reversed from your account. At the end of this thirty (30) day period, 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 an original check, the image will be the sole evidence of the original checkreasonable attorney fees. You agree further acknowledge that you will never re-present and not the Credit Union is responsible for the processing and handling of any original check. You understand that items which are imaged and deposited utilizing the Service; and you are responsible if assume all liability to the original drawer for any item imaged using the Service arising from the Credit Union’s printing of any substitute check is ever presented again for paymentfrom those images.