Common use of Substitute Checks and Your Rights Clause in Contracts

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 on the front and back of the original check. The front of 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 a substitute check as proof of payment just like the original check The Checks that you receive back from us, if any, may include substitute checks. This notice describes rights you have if you receive substitute checks from us. The rights in this notice do not apply to original checks or to electronic debits to your Account, but you have rights under other law with respect to those transactions.

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 on of the front and back of the original check. The front of 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 a substitute check as proof of payment just like the original check The Checks check. Some or all of the checks that you receive back from us, if any, us may include be substitute checks. This notice describes rights you have if when you receive substitute checks from us. The rights in this notice do not apply to original checks or to electronic debits to your Accountaccount. However, but you have rights under other law with respect to those transactions.

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 on of the front and back of the original check. The front of a 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 a the substitute check as proof of payment just like the original check The Checks check. Some or all of the checks that are returned to you receive back from us, if any, us may include be substitute checks. This notice describes your rights you have if when you receive substitute checks from us. The rights in this notice do not apply to original checks checks, photocopies of original checks, or to electronic debits to your Accountaccount. However, but you have rights under other law laws with respect to those transactions.