Common use of Right to Refuse Deposit Clause in Contracts

Right to Refuse Deposit. If you request that we accept for deposit a substitute check that was not created by a financial institution or a check that has already been deposited at a financial institution but returned, we are under no obligation to accept the check for deposit. IF WE DO, HOWEVER, YOU AGREE TO INDEMNIFY AND HOLD US HARMLESS FROM ANY LOSS OR LIABILITY, INCLUDING CONSEQUENTIAL DAMAGES, ATTORNEY'S FEES, AND EXPENSES THAT MAY ARISE BECAUSE OF OUR ACCEPTANCE OF THE ITEM. In any event, in our discretion, we may refuse any deposit, limit the amount that may be deposited, accept all or any part of a deposit for collection only, return all or any part of any deposit, or close the Account subject to applicable regulations. We reserve the right to refuse your deposit transaction for the following reasons (but not limited to) (i) restrictions have been placed on your account (see Limitation of services) (ii) the activity is deemed suspicious (iii) you or your delegate fails to provide acceptable identification (see ID section) (iv) you or your delegate refuses to provide additional information needed to complete the transaction. Additionally, we reserve the right to limit the amount that may be deposited, accept all or any part of a deposit for collection only, return all or any part of any deposit or close account(s) subject to applicable regulations.

Right to Refuse Deposit. If you request that we accept for deposit a substitute check that was not created by a financial institution or a check that has already been deposited at a financial institution but returned, we are under no obligation to accept the check for deposit. IF WE DO, HOWEVER, YOU AGREE TO INDEMNIFY AND HOLD US HARMLESS FROM ANY LOSS OR LIABILITY, INCLUDING CONSEQUENTIAL DAMAGES, ATTORNEY'S FEES, AND EXPENSES THAT MAY ARISE BECAUSE OF OUR ACCEPTANCE OF THE ITEM. In any event, in our discretion, we may refuse any deposit, limit the amount that may be deposited, accept all or any part of a deposit for collection only, return all or any part of any deposit, or close the Account subject to applicable regulations. We reserve the right to refuse your deposit transaction for the following reasons (but not limited to) (i) item is payable to another person (ii) restrictions have been placed on your account (see Limitation of services) (iiiii) the activity or transaction is deemed suspicious suspicious, fraudulent, illegal, or deceptive (iiiiv) we suspect that you may be the victim of a fraud, scam, or financial exploitation even though you have authorized the transaction (v) reasonable cause to doubt collectability (vi) you or your delegate fails to provide acceptable identification (see ID Acceptable Identification section) (ivvii) you or your delegate refuses to provide additional information needed to complete the transaction. Additionally, we reserve the right to limit the amount that may be deposited, accept all or any part of a deposit for collection only, return all or any part of any deposit or close account(s) subject to applicable regulations.

Right to Refuse Deposit. If you request that we accept for deposit a substitute check that was not created by a financial institution or a check that has already been deposited at a financial institution but returned, we are under no obligation to accept the check for deposit. IF WE DO, HOWEVER, YOU AGREE TO INDEMNIFY AND HOLD US HARMLESS FROM ANY LOSS OR LIABILITY, INCLUDING CONSEQUENTIAL DAMAGES, ATTORNEY'S FEES, AND EXPENSES THAT MAY ARISE BECAUSE OF OUR ACCEPTANCE OF THE ITEM. In any event, in our discretion, we may refuse any deposit, limit the amount that may be deposited, accept all or any part of a deposit for collection only, return all or any part of any deposit, or close the Account subject to applicable regulations. We reserve the right to refuse your deposit transaction for the following reasons (but not limited to) (i) item is payable to another person (ii) restrictions have been placed on your account (see Limitation of services) (iiiii) the activity is deemed suspicious (iiiiv) you or your delegate fails to provide acceptable identification (see ID section) (ivv) you or your delegate refuses to provide additional information needed to complete the transaction. Additionally, we reserve the right to limit the amount that may be deposited, accept all or any part of a deposit for collection only, return all or any part of any deposit or close account(s) subject to applicable regulations.