Common use of Returned Deposits Clause in Contracts

Returned Deposits. Any credit to your Mobile Deposit Authorized Account for Mobile Deposits made using the Mobile Deposit Service is provisional. If Original Checks deposited through the Mobile Deposit 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. You will reimburse us for all losses, costs, damages or expenses 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 Personal Deposit Accounts, Small Business Deposit Accounts or other deposit accounts to obtain payment for any Original Check 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 Mobile Deposit Authorized is provisional and subject to all terms of your current Deposit Account for Mobile Deposits made using the Agreement with us. If original checks deposited through Mobile Deposit Service is provisional. If Original Checks deposited through the Mobile Deposit 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 Imageimage, you agree that an Original Check original check will not be returned to you, but that you and we may will charge back the amount of the Original Check original check, charge a fee, and provide you with an image of the Original Checkoriginal check, a paper reproduction of the Original Check original check or a substitute check. You will reimburse us for all lossesloss, costscost, damages damage or expenses 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 / Imaged Returned Deposited Item if it has been charged back to you. We may debit any of your Personal Deposit Accounts, Small Business Deposit Accounts or other deposit accounts to obtain payment for any Original Check 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.