Electronic Item definition

Electronic Item means a digitized image of a check, an image exchange item, or any other electronic version of a check or other electronic item (such as items process able through the Automated Clearing House (ACH) system) approved by the Bank for processing through the System.

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Electronic Item means the electronic image of each Paper Item and other information captured from the Paper Item. After we receive your transmission, we will review each Electronic Item. For each Electronic Item that we determine is eligible for processing as described below, we will:

Electronic Item means the electronic image of each paper item (check) and other information captured from the paper item (check).

Examples of Electronic Item in a sentence

• Even if we do not initially identify an Electronic Item as an Exception Item when we review and process the Electronic Item to which the Exception Item relates, the Electronic Item, substitute check, or the purported substitute check created by us from it may nevertheless be returned to us because, among other reasons, the Paying Bank determines that such item or check is illegible or missing an image.

• After we receive your transmission, we will review each Electronic Item.

• You will maintain control over and be responsible for secure retention, storage, and destruction of original Paper Items for which you have created an Electronic Item.

• Bank may suspend immediately the Services or the processing of any Check or corresponding Electronic Item if Bank has reason to believe that there has been a breach in the security of the Program, fraud involving Customer's Account or such Check, or any uncertainty as to the authorization or accuracy of Electronic Items.

• You will maintain control over and be responsible for secure retention, storage, and destruction of original paper items for which you have created an Electronic Item.

More Definitions of Electronic Item

Electronic Item. A digitized image of a Check, an Image Exchange Item, or any other electronic version of a Check or other electronic item (such as items processable through the automated clearinghouse (ACH) system) approved by Bank for processing through the Program. Bank reserves the right to review and approve any Electronic Items that are designed in the future.

Electronic Item means the digitized image of a Paper Item that is created by you and transmitted to us using the Service.

Electronic Item means the electronic image created an Authorized User’s device.

Electronic Item means an image of the front and back of a check, all of the information from the Magnetic Ink Character Recognition (“MICR”) line on the original check and the enclosed amount and additional information about the original check, including any associated electronic records derived from the original check and any other information specified by BND, in the format specified by BND.

Electronic Item means a digital representation of an Item or electronic information related to an Item.

Electronic Item means the electronic image of each Paper Item and other information captured from the Paper Item.

Electronic Item means a digitized image of an Item, including an Image Exchange Item, or other