Common use of Right to Refuse Payment for Potential Risks Clause in Contracts

Right to Refuse Payment for Potential Risks. For your and our protection, we may refuse to pay any check or item we believe has a potential payment or fraud problem. Payment prob- lems include, but are not limited to, insufficient funds, stop pay- ment, closed account, illegible checks or checks or items written in a language other than English. Fraud problems include, but are not limited to, alterations and forgeries. You understand our non-pay- ment or non-action under these circumstances is beneficial to you because it protects your funds and reduces the risk of loss and is therefore not wrongful. Alternatively, if we believe there is a fraud problem with your check and the presenter is the perpetrator of the fraud, you agree that for your and our protection we may retain the check to determine if it is fraudulent. You understand that our reten- tion of the check protects you and us from incurring a loss on the account. You also agree that retaining the check is not wrongful be- cause it may substantiate the commission of a crime, and its reten- tion eliminates potential additional crimes. Following appropriate due diligence, if we determine the check is not fraudulent, we will either pay the check or offer to return it to the presenter. Finally, if we be- lieve there is a fraud problem with your check and the presenter is not the perpetrator of the fraud, you agree that for your and our pro- tection we may note the type of fraud on the face of the check before returning it to the presenter to alert branches and other institutions of the potential fraud problems with the check. Our action or inaction in these circumstances is purely at our discretion. You agree we are not required to take or refrain from taking any particular action on any of these matters.

Right to Refuse Payment for Potential Risks. For your and our protection, we may refuse to pay any check or item we believe has a potential payment or fraud problem. Payment prob- lems Pay- ment problems include, but are not limited to, insufficient funds, stop pay- mentpayment, closed account, illegible checks illegibility or checks or items written in a language other than English. Fraud problems include, but are not limited to, alterations and forgeries. You understand our non-pay- ment payment or non-non- action under these circumstances is beneficial to you because it protects your funds and reduces the risk of loss and therefore is therefore not wrongful. Alternatively, if we believe there is a fraud problem with your check and the presenter is the perpetrator of the fraud, you agree that for your and our protection we may retain the check to determine if it is fraudulent. You understand that our reten- tion retention of the check protects you and us from incurring a loss on the account. You also agree that retaining the check is not wrongful be- cause because it may substantiate the commission of a crime, and its reten- tion eliminates retention elim- inates potential additional crimes. Following appropriate due diligencedili- gence, if we determine the check is not fraudulent, we will either pay the check or offer to return it to the presenter. Finally, if we be- lieve there is a fraud problem with your check and the presenter is not the perpetrator of the fraud, you agree that for your and our pro- tection we may note the type of fraud on the face of the check before the type of fraud be- fore returning it to the presenter to alert branches and other institutions institu- tions of the potential fraud problems with the check. Our action or inaction in these circumstances is purely at our discretion. You agree we are not required to take or refrain from taking any particular particu- lar action on any of these matters.

Right to Refuse Payment for Potential Risks. For your and our protection, we may refuse to pay any check or item we believe has a potential payment or fraud problem. Payment prob- lems include, but are not limited to, insufficient funds, stop pay- ment, closed account, illegible checks illegibility or checks or items written in a language other than English. Fraud problems include, but are not limited to, alterations and forgeries. You understand our non-pay- ment payment or non-action under these circumstances is beneficial to you because it protects your funds and reduces the risk of loss and therefore is therefore not wrongful. AlternativelyAlterna- tively, if we believe there is a fraud problem with your check and the presenter is the perpetrator of the fraud, you agree that for your and our protection we may retain the check to determine if it is fraudulent. You understand that our reten- tion retention of the check protects you and us from incurring a loss on the account. You also agree that retaining the check is not wrongful be- cause because it may substantiate the commission commis- sion of a crime, and its reten- tion retention eliminates potential additional crimes. Following appropriate due diligence, if we determine the check is not fraudulent, we will either pay the check or offer to return it to the presenter. Finally, if we be- lieve believe there is a fraud problem with your check and the presenter is not the perpetrator of the fraud, you agree that for your and our pro- tection protection we may note the type of fraud on the face of the check the type of fraud before returning it to the presenter to alert branches and other institutions of the potential fraud problems with the check. Our action or inaction in these circumstances is purely at our discretion. You agree we are not required to take or refrain from taking any particular action on any of these matters.

Right to Refuse Payment for Potential Risks. For your and our protection, we may refuse to pay any check or item we believe has a potential payment or fraud problem. Payment prob- lems include, but are not limited to, insufficient funds, stop pay- ment, closed account, illegible checks illegibility or checks or items written in a language lan- guage other than English. Fraud problems include, but are not limited to, alterations and forgeries. You understand our non-pay- ment or non-action under these circumstances is beneficial to you because it protects your funds and reduces the risk of loss and is therefore not wrongful. Alternatively, if we believe there is a fraud problem with your check and the presenter is the perpetrator of the fraud, you agree that for your and our protection we may retain the check to determine if it is fraudulent. You understand that our reten- tion of the check protects you and us from incurring a loss on the account. You also agree that retaining the check is not wrongful be- cause it may substantiate the commission of a crime, and its reten- tion eliminates potential additional crimes. Following appropriate due diligence, if we determine the check is not fraudulent, we will either pay the check or offer to return it to the presenter. Finally, if we be- lieve there is a fraud problem with your check and the presenter is not the perpetrator of the fraud, you agree that for your and our pro- tection we may note the type of fraud on the face of the check the type of fraud before returning it to the presenter to alert branches and other institutions of the potential fraud problems with the check. Our action or inaction in these circumstances is purely at our discretion. You agree we are not required to take or refrain from taking any particular action on any of these matters. 7. Your Deposits to an Account with Us‌ a. How You May Deposit Funds

Right to Refuse Payment for Potential Risks. For your and our protection, we may refuse to pay any check or item we believe has a potential payment or fraud problem. Payment prob- lems problems include, but are not limited to, insufficient funds, stop pay- mentpayment, closed account, illegible checks illegibility or checks or items written in a language other than English. Fraud problems include, but are not limited to, alterations and forgeries. You understand our non-pay- ment payment or non-action under these circumstances is beneficial to you because it protects your funds and reduces the risk of loss and is therefore not wrongful. Alternatively, if we believe there is a fraud problem with your check and the presenter is the perpetrator of the fraud, you agree that for your and our protection we may retain the check to determine if it is fraudulent. You understand under- stand that our reten- tion retention of the check protects you and us from incurring a loss on the account. You also agree that retaining the check is not wrongful be- cause because it may substantiate sub- stantiate the commission of a crime, and its reten- tion retention eliminates potential additional crimes. Following appropriate due diligence, if we determine the check is not fraudulent, we will either pay the check or offer to return it to the presenter. Finally, if we be- lieve believe there is a fraud problem with your check and the presenter is not the perpetrator of the fraud, you agree that for your and our pro- tection protection we may note the type of fraud on the face of the check the type of fraud before returning it to the presenter to alert branches and other institutions institu- tions of the potential fraud problems with the check. Our action or inaction in these circumstances cir- cumstances is purely at our discretion. You agree we are not required to take or refrain from taking any particular action on any of these matters.

Right to Refuse Payment for Potential Risks. For your and our protection, we may refuse to pay any check or item we believe has a potential payment or fraud problem. Payment prob- lems Pay- ment problems include, but are not limited to, insufficient funds, stop pay- mentpayment, closed account, illegible checks illegibility or checks or items written writ- ten in a language other than English. Fraud problems include, but are not limited to, alterations and forgeries. You understand our non-pay- ment payment or non-action under these circumstances is beneficial to you because it protects your funds and reduces the risk of loss and is therefore not wrongful. Alternatively, if we believe there is a fraud problem with your check and the presenter is the perpetrator of the fraud, you agree that for your and our protection we may retain re- tain the check to determine if it is fraudulent. You understand that our reten- tion retention of the check protects you and us from incurring a loss on the account. You also agree that retaining the check is not wrongful be- cause because it may substantiate the commission of a crime, and its reten- tion retention eliminates potential additional crimes. Following appropriate due diligence, if we determine the check is not fraudulentfraudu- lent, we will either pay the check or offer to return it to the presenterpresent- er. Finally, if we be- lieve believe there is a fraud problem with your check and the presenter is not the perpetrator of the fraud, you agree that for your and our pro- tection protection we may note the type of fraud on the face of the check the type of fraud before returning it to the presenter to alert branches branch- es and other institutions of the potential fraud problems with the check. Our action or inaction in these circumstances is purely at our discretion. You agree we are not required to take or refrain from taking any particular action on any of these matters.

Right to Refuse Payment for Potential Risks. For your and our protection, we may refuse to pay any check or item we believe has a potential payment or fraud problem. Payment prob- lems problems include, but are not limited to, insufficient funds, stop pay- mentpayment, closed account, illegible checks illegibility or checks or items written in a language other than English. Fraud problems include, but are not limited to, alterations altera- tions and forgeries. You understand our non-pay- ment payment or non-action under these circumstances is beneficial to you because it protects your funds and reduces the risk of loss and therefore is therefore not wrongful. Alternatively, if we believe there is a fraud problem with your check and the presenter is the perpetrator of the fraud, you agree that for your and our protection we may retain the check to determine if it is fraudulent. You understand that our reten- tion retention of the check protects you and us from incurring a loss on the account. You also agree that retaining the check is not wrongful be- cause because it may substantiate the commission of a crime, and its reten- tion retention eliminates potential additional crimes. Following appropriate due diligence, if we determine deter- mine the check is not fraudulent, we will either pay the check or offer of- fer to return it to the presenter. Finally, if we be- lieve believe there is a fraud problem with your check and the presenter is not the perpetrator of the fraud, you agree that for your and our pro- tection protection we may note the type of fraud on the face of the check the type of fraud before returning it to the presenter to alert branches and other institutions of the potential fraud problems with the check. Our action or inaction in these circumstances cir- cumstances is purely at our discretion. You agree we are not required re- quired to take or refrain from taking any particular action on any of these matters.