Common use of Returned Deposits Clause in Contracts

Returned Deposits. Member acknowledges and agrees that items deposited through Mobile Deposit and dishonored or otherwise returned unpaid will be returned to Member in the form of an electronic image, IRD, or paper copy of an IRD. Credit Union shall have no obligation regarding returned deposited items except as provided by applicable law, regulation, Federal Reserve rule or procedure, or clearinghouse rule. A Deposit Item Return Fee may be charged for any returned deposit.

Appears in 3 contracts

Samples: Electronic Funds Transfer Agreement, Mobile Deposit Service Agreement, Online and Mobile Banking Agreement and Disclosure

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Returned Deposits. Member acknowledges and agrees that items deposited through Mobile Remote Deposit and dishonored or otherwise returned unpaid will be returned to Member in the form of an electronic image, IRD, or paper copy of an IRD. Credit Union shall have no obligation regarding returned deposited items except as provided by applicable law, regulation, Federal Reserve rule or procedure, or clearinghouse rule. A Deposit Item Return Fee may be charged for any returned deposit.

Appears in 2 contracts

Samples: Remote Deposit Service Agreement, Remote Deposit Service Agreement

Returned Deposits. Member Depositor acknowledges and agrees that items deposited through Mobile Electronic Deposit and dishonored or otherwise returned unpaid will be returned to Member Depositor in the form of an electronic image, IRD, or paper copy of an IRD. Credit Union shall have no obligation regarding returned deposited items except as provided by applicable law, regulation, Federal Reserve rule or procedure, or clearinghouse rule. A Deposit Item Return Fee may be charged for any returned deposit.

Appears in 1 contract

Samples: Electronic Deposit Agreement

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Returned Deposits. Member acknowledges and agrees that items deposited through Mobile Deposit and dishonored or otherwise returned unpaid will be returned to Member in the form of an electronic image, IRD, or paper copy of an IRD. Credit Union shall have no obligation regarding returned deposited items except as provided by applicable law, regulation, Federal Reserve rule or procedure, or clearinghouse rule. A Deposit Item Return Fee may be charged for any returned deposit.

Appears in 1 contract

Samples: Mobile Deposit Service Agreement

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