Common use of Returned Deposits Clause in Contracts

Returned Deposits. Any credit to your account for checks deposited using Remote Deposit is provisional. If original checks deposited through Remote Deposit 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, including, but not limited to, issues relating to the quality of the image, you agree that an original check will not be returned to you, but that we may charge back the amount of the original check and provide you with an image of the original check, a paper reproduction of the original check or a substitute check. With respect to any item that you transmit to us for remote deposit that we credit to your account, in the event such item is dishonored, you authorize us to 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 redelivery of the email. You will 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.

Returned Deposits. Any credit to your account Linked Account for checks Eligible Items deposited using Remote Deposit Mobile Banking is provisional. If original checks Eligible Items deposited through Remote Deposit Mobile 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, including, but not limited to, issues relating to the quality of the imageImage, you agree that an original check the Eligible Item will not be returned to youyou (because you will have destroyed or maintained possession of the Eligible Item), but that we Bank may charge back the amount of the original check Eligible Item and provide you with an image Image of the original checkEligible Item, a paper reproduction of the original check Eligible Item, or a substitute check. With respect to any item that you transmit to us for remote deposit that we credit to your account, in the event such item is dishonored, you authorize us to 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 redelivery of the emailSubstitute Check. You will reimburse us Bank for all loss, cost, damage damages, or expense caused by or relating to the processing of the returned itemEligible Item. Without our approval, you shall not attempt to deposit or otherwise negotiate an original check Eligible Item if it has been charged back to you. We Bank may debit any of your accounts Accounts (regardless of whether such Accounts are Linked Accounts) to obtain payment for any item Eligible 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 rejectionrejections, return, adjustment adjustments or warranty claim was made timely.

Returned Deposits. Any credit to your account Linked Account for checks Eligible Items deposited using Remote Deposit the Services is provisional. If original checks Eligible Items deposited through Remote Deposit 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, including, but not limited to, issues relating to the quality of the imageImage, you agree that an original check the Eligible Item will not be returned to youyou (because you will have destroyed or maintained possession of the Eligible Item), but that we may charge back the amount of the original check Eligible Item and provide you with an image Image of the original checkEligible Item, a paper reproduction of the original check Eligible Item or a substitute check. With respect to any item that you transmit to us for remote deposit that we credit to your account, in the event such item is dishonored, you authorize us to 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 redelivery of the emailSubstitute Check. You will reimburse us for all loss, cost, damage or expense caused by or relating to the processing of the returned itemEligible Item. Without our approval, you shall not attempt to deposit or otherwise negotiate an original check Eligible Item if it has been charged back to you. We Subject to the terms of the Retail Account Agreement and applicable law, we may debit any of your accounts (regardless of whether such accounts are Linked Accounts) to obtain payment for any item Eligible 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.

Returned Deposits. Any credit to your account for checks deposited using Remote Deposit PFCU eDeposit is provisional. If original checks deposited through Remote Deposit 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, including, but not limited to, issues relating to the quality of the image, you agree that an original check will not be returned to you, but that we may charge back the amount of the original check and provide you with an image of the original check, a paper reproduction of the original check or a substitute check. With respect to any item that you transmit to us for remote deposit that we credit to your account, in the event such item is dishonored, you authorize us to 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 mail in the event we are unable to process because of the returned items. Should the email 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 redelivery of the emailmail. You will 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.

Returned Deposits. Any credit to your account for checks deposited using Remote Mobile Deposit is provisional. If original checks a check deposited through Remote Mobile Deposit are is dishonored, rejected rejected, or otherwise returned as unpaid by the drawee bank, or are rejected the item is rejected, or returned by a clearing agent or collecting bank, for any reason, including, but not limited to, issues relating to the quality of the image, you agree that an original check will not be returned to you, but that we may charge back the amount of the original check and provide you with an image of the original check, a paper reproduction of the original check or a substitute check. With respect to any item that you transmit to us for remote deposit that we credit to your account, in the event such item is dishonored, you authorize us to 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 redelivery of the email. You will 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. Returned deposit items will incur applicable fees according to the current fee structure. If a payor financial institution or other third party makes a claim against us or seeks a re‐credit with respect to any image item processed, we may provisionally freeze or hold aside a like amount in the applicable account pending investigation and resolution of the claim; 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 each check has not been altered.

Returned Deposits. Any credit to your account for checks deposited using Remote Deposit the Service is provisional. If original checks deposited through Remote Deposit 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, including, but not limited to, issues relating to the quality of the image, you agree that an original check will not be returned to you, but that we may charge back the amount of the original check and provide you with an image of the original check, a paper reproduction of the original check or a substitute check. With respect to any item that you transmit to us for remote deposit that we credit to your account, in the event such item is dishonored, you authorize us to 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 redelivery of the email. You will 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 pay all the costs of collecting the amount you owe under this Agreement, including collection and court costs and reasonable attorney fees. You further acknowledge that you and not the Credit Union is responsible for the processing and handling of any original items which are imaged and deposited utilizing the Service; and you assume all liability to the drawer for any item imaged using the Service arising from the Credit Union’s printing of any substitute check from those images.

Returned Deposits. Any credit to your account for checks deposited using Remote Deposit is provisional. If original checks deposited through Remote the Mobile Deposit Services will be provisionally credited to your Account. As used herein, “Provisionally” means that the deposit is made to your Account subject to final payment of the Checks and subject to the terms of the Deposit Account Agreement. If Original Checks deposited through the Mobile Deposit 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, reason including, but not limited to, issues relating to the quality of the imageImage, you agree that an original check Original Check will not be returned to you, but that we may charge back the amount of the original check Original Check and provide you with an image Image of the original checkOriginal Check, a paper reproduction of the original Original check or a substitute check. With respect to any item that you transmit to us for remote deposit that we credit to your account, in the event such item is dishonored, you authorize us to 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 redelivery of the email. You will 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 Original Check if it has been charged back to you. We may debit any of your accounts 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 timelyin 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 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 governed by the terms and conditions contained in our Deposit Account Agreement and not by the terms of this Agreement.

Returned Deposits. Any credit to your account for checks deposited using Remote Mobile Deposit is provisional. If original checks deposited through Remote Mobile Deposit 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, including, but not limited to, issues relating to the quality of the image, you agree that an original check will not be returned to you, you but that we may charge back the amount of the original check and provide you with an image of the original check, a paper reproduction of the original check check, or a substitute check. With respect to any item that you transmit to us for remote deposit that we credit to your account, in the event such item is dishonored, you authorize us to debit the amount of such item from your account, account plus a returned returned-check fee as stated in our Fee Schedulefee 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 credit union will have completed its our obligation to alert you of a rejected item and is we are under no obligation to attempt any redelivery re-delivery of the email. You will reimburse us for all loss, cost, damage 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 item, or for any warranty claim related to such item, whether or not the rejection, return, adjustment 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 are legible, genuine, and accurate.  You will not deposit, or otherwise endorse to a third party, the original check, and no person will receive a transfer, presentment, or return of, or otherwise be charged for, the original check or a paper or electronic representation of the original check such that the person will be asked to make payment based on an item that has already been paid.  There are no other duplicate images of the original check.  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 are authorized to enforce and obtain payment of the original check.  You will retain possession of each original check deposited using Mobile Deposit for the required