Teller Access Service Sample Clauses

Teller Access Service. U As part of the PPY check in accordance with our standard check cashing procedures. service, we will also make your issue files available to our branches to assist our tellers in cashing checks. This is referred to as “teller access.” We provide teller access because fraud involving checks presented to tellers for cashing is a common form of check fraud. Using our teller access service is a good way to defend against that form of fraud. If a check presented for payment over the counter in one of our branches against an account that uses teller access (A) is presented before we have received and processed an issue file for such check or (B) is a mismatched check, we will attempt to obtain approval for payment of the mismatched check by calling one of the people you must designate as a “telephone representative” for the relevant account in your PPY service profiles in effect at the relevant time. We will make one attempt to call each telephone representative for the relevant account until we have reached one of them. Each telephone representative is authorized to instruct us to pay or return any mismatched check. If the telephone representative we contact instructs us to pay the check, then you have authorized us to finally pay the check and charge it against the relevant account. If we are unable to contact a telephone representative, or the telephone representative we contact does not instruct us to pay the mismatched check, then you have authorized us to return the check unpaid to the person presenting it to us. Our documentation showing that we contacted or attempted to contact your telephone representatives will be conclusive evidence as to the reason for the action we took. If you do not name at least one telephone representative for each account for which you have elected the PPY service or you fail to keep the telephone representative information reflected in the relevant service profile up to date, you will be deemed to have “opted out” of the teller access service for that account and you agree that we will not have any liability for paying any check presented over the counter in one of our branches, whether or not such check bears a forged or unauthorized signature or is counterfeit, altered or otherwise fraudulent or not validly issued, so long as we otherwise process that check in accordance with our standard check cashing procedures.