Common Contracts

CUSTOMERS BANK REMOTE DEPOSIT SERVICE AGREEMENT

Deposit Service Agreement • February 29th, 2012 • Pennsylvania

• Contract Type
  Deposit Service Agreement
• Filed
  February 29th, 2012
• Jurisdiction
  Pennsylvania

This Remote Deposit Service Agreement (“Agreement”) is incorporated by reference into the Customers Bank Cash Management Master Services Agreement to add a business remote deposit capture service (the “Service”) to your cash management services with Customers Bank. The Service allows you to make deposits to your designated business deposit accounts at Customers Bank from your place of business by using a desktop scanner to scan and convert paper checks to either digitized check images or Automated Clearing House (“ACH”) paperless debit entries and delivering the images, data and information required hereby to the Bank through a secure Internet website. As used in this Agreement, the terms “Bank,” "we," "us," and "our" refer to Customers Bank. The terms "you" or "your" refer to the account holder(s) authorized by the Bank to use the Service, all persons authorized to sign on the account holder’s deposit accounts, and anyone else who uses the Service with the permission of the account ho