Exception Item includes, without limitation, an item that: (i) is illegible or contains MICR data that is not machine-readable, (ii) was previously processed for deposit, or (iii) is drawn on a financial institution located outside the United States. We will notify you of each Exception Item through a communication channel of our choosing. If you want to attempt to deposit any Exception Item to your Account after it has been determined ineligible for this Service, you may do so only by depositing the original check on which the Exception Item is based or as otherwise agreed between us.
Exception Item means an Item, the automated processing of which is interrupted because of a condition defined by Customer, such definitions which may be changed from time to time.
Exception Item is defined in paragraph 10(d) of this Agreement.
Examples of Exception Item in a sentence
You agree that if you wish to attempt to deposit any Exception Item to any of your accounts with Credit Union, you will only do so by depositing the original item on which the Exception Item is based.
Credit Union's failure to identify an Exception Item shall not preclude or limit your obligations to Credit Union.
You acknowledge and agree that even if you do not initially identify an electronic image as an Exception Item, the substitute check created by the Credit Union there from may nevertheless be returned to Credit Union because, among other reasons, the electronic image is deemed illegible by a paying bank.
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.
The Credit Union's failure to identify an Exception Item shall not preclude or limit your obligations to the Credit Union.
More Definitions of Exception Item
Exception Item includes, without limitation, an electronic item that (a) is illegible or contains MICR data that is not machine-readable, (b) was previously processed as an electronic item, or (c) is drawn on a bank located outside the United States and is not payable at or through a bank located within the United States. If you attempt to deposit an Exception Item to your account, you shall do so only by depositing the original paper item on which the Exception Item is based or as otherwise agreed between us. Even if we do not initially identify an item as an Exception Item when we review and process the 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. Our failure to identify an Exception Item shall not preclude or limit the obligation of you to Plains Commerce Bank. Your Responsibilities. You agree that, once you have deposited a check using the Mobile Deposit Service, you will not cash the check, nor negotiate, transfer or deliver the check to any other person or entity, nor deposit the check again through the Mobile Deposit Service, at an ATM, in person at a branch (unless we have directed you to do so), at another financial institution, or through any other means. Do not destroy the original check until the deposit appears on your periodic account statement. Until it appears on the statement, you agree to keep the physical check securely stored to prevent theft or misuse. After the deposit has appeared on your statement, you agree to safely destroy the original check. Successful completion of a mobile deposit is dependent upon a good-quality original check and a clear photograph of the front and back of the check. You agree that you are responsible for accurately photographing the front and back of the check according to our instructions. You acknowledge that not all checks that meet our deposit criteria can be successfully deposited through the Mobile Deposit Service due to the sensitivity and complexity of image recognition technology or other reasons, such as use of unconventional check stock or failure or interruption of any data transmission channels. You acknowledge and agree that we are not responsible for any loss or liability that you may incur due to inability to deposit, or delay in depositing, a check using the Mobile De...
Exception Item means a Presented Item (Check or ACH transaction) that does not match the Issued Check File, Single Entry Input or the Payment Rules provided to the Bank.
Exception Item includes, without limitation, an Electronic Item that (a) is illegible or contains MICR data that is not machine-readable, (b) was previously processed as an Electronic Item, or (c) is drawn on banks located outside the United States and is not payable at or through a bank located within the United States. We will notify you of each Exception Item through Peoples Savings Bank’s online banking secure email or other communication channels at our discretion. If you wish to attempt to deposit any Exception Item to your account, you shall do so only by depositing the original paper item on which the Exception Item is based or otherwise agreed between us. 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. Our failure to identify an Exception Item shall not preclude or limit your obligation to Peoples Savings Bank.
Exception Item. With respect to Services using Images, an Image that we, in our sole discretion, determine to be ineligible for certain Services including, without limitation, Images of checks drawn on banks located outside the United States, Images that are illegible, electronic images of checks previously converted to substitute checks, and Images with unreadable MICR information. ISP - Internet Service Provider. IRS - the Internal Revenue Service. Losses - any losses, damages, liabilities, costs and expenses (including attorneys' fees). MICR - Magnetic Ink Character Recognition. OFAC - The Office of Foreign Assets Control of the U.S. Department of the Treasury. PIN - personal identification number. Sanctioned Entity - (a) An agency of the government of, (b) an organization directly or indirectly controlled by, or (c) a person resident in, a country that is subject to a sanctions program identified on the list maintained by OFAC and available at Sanctioned Person - any government, country, corporation or other entity, group or individual with whom or which OFAC prohibits a U.S. person from engaging in transaction and includes any individual or corporation or other entity that appears on the current Specially Designated Nationals and Blocked Persons list published by OFAC. Security Item - any usernames, PINs, passwords, codes, marks, signs, public keys or other means of identification. SFTP - secure file transmission protocol. TIN - Taxpayer Identification Number. xxx.xxx CNB Member FDIC
Exception Item includes, without limitation, an Electronic Image that (a) is illegible or contains MICR data that is not machine- readable, (b) was previously processed as an Electronic Image, or (c) is drawn on banks located outside the United States and is not payable at or through a bank located within the United States. We will notify you of each Exception Item via text message, email, or phone call at our discretion. If you wish to attempt to deposit any Exception Item to your Account, you shall do so only by depositing the original Paper Item on which the Exception Item is based or as otherwise agreed between us. Even if we do not initially identify an Electronic Image as an Exception Item when we review and process the Electronic Image to which the Exception Item relates, the Electronic Image, substitute check, or the purported substitute check create 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. Our failure to identify an Exception Item shall not preclude or limit the obligation of you to Envision Credit Union as referenced under the Your Warranties to Envision Credit Union section presented below in this disclosure.
Exception Item mean any Check or other Item that does not match the criteria in a Master Issue File.
Exception Item means an ACH Transaction that is not an Authorized ACH Entry.