Examples of Imaged Item in a sentence
We may immediately suspend Services or the processing of any Check or corresponding Imaged Item if we have reason to believe that there has been a security breach, fraud, or any uncertainty as to the authorization or accuracy of Imaged Items.
You will ensure that no financial institution (depository, collecting or payor), drawee, drawer or endorser regarding a Check processed by you will receive presentment or return of, or otherwise be charged for, any Item that has already been paid, whether the Item is a Check (including the Original Check and/or Substitute Check), corresponding Imaged Item, and/or other paper or electronic representation of the Check.
If a Payor Financial Institution, drawee of a Check or other third party makes a claim against us or seeks a re-credit regarding any Check processed hereunder, we may hold the amount of the Imaged Item in the Account pending investigation and resolution of the claim.
If an Imaged Item is not accepted for deposit, you may then submit the Original Check to us for processing or contact the maker to reissue the Check.
Imaged Item means the digitized image of a Check that is created by you and transmitted to us using RDC.
The image quality of the Imaged Item must comply with the requirements established from time to time by the American National Standards Institute, the Board of Governors of the Federal Reserve Board, or any other regulatory agency, clearing house or association.
If Item information received by us is not complete or cannot be processed by us for any reason, we may reject the Imaged Item, notwithstanding any transmission confirmation and charge the amount back against any provisional credit to your account.
A deposit of Imaged Items will be deemed to have been received and accepted by us for deposit when all of the following have occurred: (i) we have preliminarily verified that the image quality of the Imaged Item is acceptable to us in our discretion, all Item information is complete and the deposit totals are balanced to the Item information provided for the deposit; and (ii) we have successfully performed all further validation routines with respect to the deposit.
Credit Union may restrict the types of Accounts to which an Imaged Item may be deposited.
The Imaged Item transmitted to FCB using Mobile Deposits must be legible and contain images of the front and back of the Original Check.