Substitute Checks and Your Rights. What is a substitute check? To make check processing faster, federal law permits banks to replace original checks with “substitute checks”. These checks are similar in size to original checks with a slightly reduced image of the front and back of the original check. The front of the substitute check states: “This is a legal copy of your check. You can use it the same way you would use the original check.” You may use the substitute check as proof of payment just like the original check.
Appears in 2 contracts
Samples: Membership Account Agreement, Membership Account Agreement
Substitute Checks and Your Rights. What is a substitute check? To make check processing faster, federal law permits banks to replace original checks with “substitute checks”. These checks are similar in size to original checks with a slightly reduced image of the front and back of the original check. The front of the substitute check states: “This is a legal copy of your check. You can use it the same way you would use the original check.” You may use the substitute check as proof of payment just like the original check.The
Appears in 2 contracts
Samples: Membership Account Agreement, Membership Account Agreement
Substitute Checks and Your Rights. What is a substitute check? To make check processing faster, federal law permits banks to replace original checks with “substitute checks”. These checks are similar in size to original checks with a slightly reduced image of the front and back of the original check. The front of the substitute check states: states “This is a legal copy of your check. You can use it the same way you would use the original check.” You may use the substitute check as proof of payment just like the original check.
Appears in 1 contract
Substitute Checks and Your Rights. What is a substitute check? To make check processing faster, federal law permits banks and credit unions to replace original checks with “substitute checks”. These checks are similar in size to original checks with a slightly reduced image of the front and back of the original check. The front of the substitute check states: “This is a legal copy of your check. You can use it the same way you would use the original check.” You may use the substitute check as proof of payment just like the original check.”
Appears in 1 contract
Samples: Membership Account Agreement
Substitute Checks and Your Rights. What is a substitute check? To make check processing faster, federal law permits banks to replace original checks with “substitute checks”. .” These checks are similar in size to original checks with a slightly reduced image of the front and back of the original check. The front of the substitute check states: “This is a legal copy of your check. You can use it the same way you would use the original check.” You may use the substitute check as proof of payment just like the original check.
Appears in 1 contract
Samples: Personal Deposit Account Agreement
Substitute Checks and Your Rights. What is a substitute check? To make check processing faster, federal law permits banks to replace original checks with “substitute checks”. .” These checks are similar in size to original checks with a slightly reduced image of on the front and back of the original check. The front of the a substitute check states: “This is a legal copy of your check. You can use it the same way you would use the original check.” You may use the a substitute check as proof of payment just like the original check.
Appears in 1 contract
Samples: Electronic Access Agreement
Substitute Checks and Your Rights. What is a substitute checkSubstitute Check? To make check processing faster, federal law permits banks to replace original checks with “substitute checks”. These checks are similar in size to original checks with a slightly reduced image of the front and back of the original check. The front of the a substitute check states: “This is a legal copy of your check. You can use it the same way you would use the original check.” You may use the a substitute check as proof of payment just like the original check.
Appears in 1 contract
Samples: Business Deposit Accounts Agreement