Common use of Upload of Files Clause in Contracts

Upload of Files. a) Customer shall submit the Remote Deposit Capture transmission (containing one or more Check Images) to Bank prior to the daily Cut-off time established by Bank from time to time for the receipt of Remote Deposit Capture. Cut-off times are posted within the Remote Deposit Capture Service program. Any Remote Deposit Capture transmission received by Bank after its daily Cut-off time shall be deemed to have been received by Bank at the opening of its next Business Day. b) A Remote Deposit Capture file is received when the entire Remote Deposit Capture transmission in which that Remote Deposit Capture is contained is received by Bank in accordance with Section 2.a. above. If only a portion of that Remote Deposit Capture transmission is received by Bank for any reason, including without limitation a failure during the transmission to Bank, the Remote Deposit Capture transmission is deemed to have been not received by Bank with respect to any Remote Deposit Capture contained in that Remote Deposit Capture transmission (including any Check Image contained in the portion of that Remote Deposit Capture transmission that was received). c) A per Item limit, dollar limit, daily deposit limit, or file limit may be established by Bank in its sole discretion and communicated to Customer. If any such limit is established, Bank shall have no obligation to process Items or files in excess of the limit. Bank may also limit high risk customers to enrolling only one Account for use with the Service. d) Prohibited Checks may not be deposited through the Service, and Customer must have processes in place to prevent processing of any Check that: i. Is payable to any person or entity other than Customer; ii. Customer knows or suspects, or should know or suspect, is fraudulent or otherwise not authorized by the owner of the account on which the Check is drawn; iii. Has not been previously endorsed by a bank and is either a “substitute check” (as defined in Regulation CC) or “image replacement document” that purports to be a substitute check, without Bank’s prior written consent; iv. Is drawn on financial institutions that are located outside the United States or its territories; v. Is a “remotely created check” (as defined in Regulation CC); vi. Is drawn, or otherwise issued, by Customer or any affiliate of Customer on any account of Customer or of such affiliate; or‌ vii. Is not acceptable by Bank for deposit in the Account as provided in the Account Agreement.

Upload of Files. a) Customer shall submit the Remote Deposit Capture transmission (containing one or more Check Images) to Bank prior to the daily Cut-off time established by Bank from time to time for the receipt of Remote Deposit Capture. Cut-off times are posted within the Remote Deposit Capture Service program. Any Remote Deposit Capture transmission received by Bank after its daily Cut-off time shall be deemed to have been received by Bank at the opening of its next Business Day. b) A Remote Deposit Capture file is received when the entire Remote Deposit Capture transmission in which that Remote Deposit Capture is contained is received by Bank in accordance with Section 2.a. above. If only a portion of that Remote Deposit Capture transmission is received by Bank for any reason, including without limitation a failure during the transmission to Bank, the Remote Deposit Capture transmission is deemed to have been not received by Bank with respect to any Remote Deposit Capture contained in that Remote Deposit Capture transmission (including any Check Image contained in the portion of that Remote Deposit Capture transmission that was received). c) A per Item limit, dollar limit, daily deposit limit, or file limit may be established by Bank in its sole discretion and communicated to Customer. If any such limit is established, Bank shall have no obligation to process Items or files in excess of the limit. Bank may also limit high risk customers to enrolling only one Account for use with the Service. d) Prohibited Checks may not be deposited through the Service, and Customer must have processes in place to prevent processing of any Check that: i. Is payable to any person or entity other than Customer; ii. Customer knows or suspects, or should know or suspect, is fraudulent or otherwise not authorized by the owner of the account on which the Check is drawn; iii. Has not been previously endorsed by a bank and is either a “substitute check” (as defined in Regulation CC) or “image replacement document” that purports to be a substitute check, without Bank’s prior written consent; iv. Is drawn on financial institutions that are located outside the United States or its territories; v. Is a “remotely created check” (as defined in Regulation CC); vi. Is drawn, or otherwise issued, by Customer or any affiliate of Customer on any account of Customer or of such affiliate; or‌or vii. Is not acceptable by Bank for deposit in the Account as provided in the Account Agreement.

Upload of Files. a) Customer shall submit the Remote Deposit Capture transmission (containing one or more Check Images) to Bank prior to the daily Cut-off time established by Bank from time to time for the receipt of Remote Deposit Capture. Cut-off times are posted within the Remote Deposit Capture Service program. Any Remote Deposit Capture transmission received by Bank after its daily Cut-off time shall be deemed to have been received by Bank at the opening of its next Business Day. b) A Remote Deposit Capture file is received when the entire Remote Deposit Capture transmission in which that Remote Deposit Capture is contained is received by Bank in accordance with Section 2.a. above. If only a portion of that Remote Deposit Capture transmission is received by Bank for any reason, including without limitation a failure during the transmission to Bank, the Remote Deposit Capture transmission is deemed to have been not received by Bank with respect to any Remote Deposit Capture contained in that Remote Deposit Capture transmission (including any Check Image contained in the portion of that Remote Deposit Capture transmission that was received). c) A per Item limit, dollar limit, daily deposit limit, or file limit may be established by Bank in its sole discretion and communicated to Customer. If any such limit is established, Bank shall have no obligation to process Items or files in excess of the limit. Bank may also limit high risk customers to enrolling only one Account for use with the Service. d) Prohibited Checks may not be deposited through the Service, and Customer must have processes in place to prevent processing of any Check that: i. Is payable to any person or entity other than Customer;Customer;‌ ii. Customer knows or suspects, or should know or suspect, is fraudulent or otherwise not authorized by the owner of the account on which the Check is drawn; iii. Has not been previously endorsed by a bank and is either a “substitute check” (as defined in Regulation CC) or “image replacement document” that purports to be a substitute check, without Bank’s prior written consent; iv. Is drawn on financial institutions that are located outside the United States or its territories; v. Is a “remotely created check” (as defined in Regulation CC); vi. Is drawn, or otherwise issued, by Customer or any affiliate of Customer on any account of Customer or of such affiliate; or‌or vii. Is not acceptable by Bank for deposit in the Account as provided in the Account Agreement.