Electronic check definition

Electronic check means an elec- tronic image of a check drawn on the United States Treasury, together with information describing that check, that meets the technical requirements for sending electronic items to a Fed- eral Reserve Bank as set forth in the Federal Reserve Banks’ operating cir- culars.
Electronic check is a demand debit you authorize us to make from your Payment Account on your behalf based on your Payment Instructions.
Electronic check refers to the definition provided in Regulation CCAvailability of Funds and Collection of Checks: electronic image of, and electronic information derived from, a paper check or paper returned check, respectively, that— (1) Is sent to a receiving bank pursuant to an agreement between the sender and the receiving bank; and (2) Conforms with ANS X9.100- 187, unless the Board by rule or order determines that a different standard applies or the parties otherwise agree.

Examples of Electronic check in a sentence

  • Electronic check conversion is a payment process in which a merchant or other payee (after obtaining your authorization) uses your check to gather routing, account, and check number information to initiate a one-time EFT.

  • That the guarantors have made all reasonable efforts to en- sure that a check is an authentic Treasury check, not a counterfeit check.(e) Electronic check.

  • Electronic check conversion is a payment process in which a merchant (after obtaining your authorization) uses your check to gather routing, account, and check number information to initiate a one-time EFT.

  • Electronic check conversion is a payment process in which a merchant or other payee (after obtaining your authorization) uses your check to gather routing, account, and check number information to initiate aone-time EFT.

  • Electronic check conversions through the ACH system may be debited to consumer accounts and certain business accounts that are eligible for check conversion (i.e., those that do not contain an auxiliary on-us field in the MICR line of their checks).” There are limitations on the amount of money you can withdraw per day, and on the amount of goods or services you can purchase each day using your Visa Check Card.


More Definitions of Electronic check

Electronic check. (E-Check) means an ACH debit transaction.
Electronic check means an electronic image of, and electronic information derived from a paper check.
Electronic check means an electronic form of a paper check that draws money directly from a checking account.
Electronic check refers to an electronic image of, and electronic information derived from, a paper check or paper returned check, respectively, that - (1) is sent to a receiving bank pursuant to an agreement between the sender and the receiving bank; and (2) conforms with ANS X9.100-187, unless the Board by rule or order determines that a different standard applies or the parties otherwise agree. In order to use the Services, you must first obtain your own personal Access Device with Internet connection capability and related equipment (the “Hardware”). You also must provide the type of Internet access required by the Hardware and/or Software, which requires a web browser with Java scripting capabilities and 128-bit SSL encryption. Also recommended is an internet connection speed of Cable, DSL, T1 or higher, Microsoft Internet Explorer® Version 11.0 or higher (for Windows), Mozilla Firefox® Version 57 64- Bit0 or higher (for Windows) or Apple Safari® Version 10.0 or higher (for Mac OS). Once the Hardware has been properly connected and any required Internet access has been established, you will be able to access the Services. You are and will remain solely responsible for the purchase, hookup, installation, loading, operation and maintenance of the Hardware, Software, and the Internet access service to your Access Device, and for all related costs. You are solely responsible for virus protection and maintenance of your Access Device. Financial Institution shall have no responsibility for failures, interruption, or other defects in the Services, which are occasioned by incompatible, improperly installed or improperly maintained hardware and software. We may add to, modify, or replace software programs used in conjunction with providing the Services under this Agreement or any applicable Product Schedule at our sole discretion and without notice, provided Services rendered to you are not substantially negatively affected or obligations altered. If you decide not to maintain such hardware and software, you may cancel Online Services at any time. Account Access. You may access your Account(s) at our website, xxx.xxxxxxx.xxx. You must follow all necessary instructions and obtain your Login Credentials before gaining access to Online Services. We may also utilize unique identifying information to confirm your identity. Your Login Credentials are used to gain access to Online Services and should be kept confidential at all times. It is recommended that you change your Login Cred...
Electronic check means the electronic image of, and electronic information derived from, a paper check. After we receive your transmission, we will review each Electronic Check. For each Electronic Check that we determine is eligible for processing as described below, we will: a. Create a substitute check that we will present directly or indirectly to the bank on which the original paper check to which the Electronic Check relates is drawn, or at or through which the paper check is payable (each, a “Paying Bank”); b. Include the Electronic Check in an electronic file for presentment directly or indirectly to the Paying Bank; or c. Present or post any Electronic Check for which we are the Paying Bank.
Electronic check refers to the definition provided in Regulation CCAvailability of Funds and Collection of Checks: electronic image of, and electronic information derived from, a paper check or paper returned check, respectively, that— (1) is sent to a receiving bank pursuant to an agreement between the sender and the receiving bank; and (2) conforms with ANS X9.100-187, unless the Board by rule or order determines that a different standard applies or the parties otherwise agree. In order to use Online Banking, you must have the following: personal computer (PC) with a secure Web Xxxxxx with 128 bit encryption and Java Script enabled and Internet access through an Internet Service Provider (ISP). We support most current commercially accepted browsers. Bank may periodically upgrade service provided. Should any of these upgrades impair your ability to use Online Banking, you have the option to withdrawal from Online Banking.. If you decide not to maintain such hardware and software, you may cancel Online Services at any time.
Electronic check refers to the definition provided in Regulation CCAvailability of Funds and Collection of Checks: electronic image of, and electronic information derived from, a paper check or paper returned check, respectively, that— (1) is sent to a receiving bank pursuant to an agreement between the sender and the receiving bank; and (2) conforms with ANS X9.100-187, unless the Board by rule or order determines that a different standard applies or the parties otherwise agree. An internet enabled device with current security patches. If you decide not to maintain such hardware and software, you may cancel Online Services at any time. ACCOUNT ACCESS. You may access your Account(s) at Elkhorn Valley Bank's website, xxx.xxxxxxxxxxxxxxxxx.xxx. You must follow all necessary instructions and obtain your Login Credentials before gaining access to Online Services. We may also utilize unique identifying information to confirm your identity. Your Login Credentials are used to gain access to Online Services and should be kept confidential at all times. It is recommended that you change your Login Credentials through Online Services, or with the assistance of our customer service, as allowed by our security requirements. There may be additional or optional security measures instituted by us to ensure the security of Online Services.