Mobile Deposit definition
Mobile Deposit refers to a method for capturing the image of a check or other eligible item and depositing it to your enrolled Account via an approved access device, such as a smart phone, using software provided by us or by an authorized agent of ours, subject to certain requirements which may be imposed by us from time to time. Mobile Deposit is an optional feature, but, if implemented by you, it is considered part of the Service.
Mobile Deposit means the remote deposit capture service that allows you to deposit Items electronically using your supported Mobile Device.
Mobile Deposit. You can make deposits of checks ("original checks") to your Bank Accounts from home or other remote locations.
Examples of Mobile Deposit in a sentence
Bank may decline to accept any Check Image you submit through Mobile Deposit at Bank’s sole discretion.
If you violate the terms of Mobile Deposit, such actions may be used as a basis to terminate your Account.
Bank will determine whether you are eligible for the Mobile Deposit.
Limits may be imposed on the dollar amount or number of deposits you make through Mobile Deposit, and Bank may change such limits at any time at Bank’s discretion.
The manner in which Substitute Checks are cleared, presented for payment and deposited will be determined by the Bank, in Bank’s sole discretion which may change, modify, add or remove functionality from Mobile Deposit at any time, with or without notice to you.
More Definitions of Mobile Deposit
Mobile Deposit means the service that allows you to make check deposits to your Sno Falls Credit Union savings (share), checking (share draft), accounts from remote locations by scanning both sides of checks and delivering the check images and associated deposit information to Sno Falls Credit Union or Sno Falls Credit Union's designated third party service provider.
Mobile Deposit means a deposit made using CNB Mobile Application.
Mobile Deposit is a feature offered in the Bank’s mobile app that enables you to deposit checks electronically by capturing images of the checks using their mobile device's camera.
Mobile Deposit means the mobile banking service that enables select Customers to deposit checks to a selected deposit account in Online Banking using the Bank’s application on their Mobile Devices. The Mobile Deposit service is also referred to herein as “MDS.”
Mobile Deposit. There is no fee for using Mobile Deposit Services.
Mobile Deposit refers to your deposit of Eligible Items to the account by endorsing the paper originals (must be endorsed “For SMCU Mobile Deposit Only” with your signature), taking a photo of the front and back of the check and sending the accurate and legible images to us with any deposit instructions via a qualifying mobile device rather than by providing us with the paper originals. Other terms have the meanings provided in the applicable Uniform Commercial Code or the Federal Reserve Board’s Regulation CC. You agree to photograph and deposit only checks as that term is defined in the Federal Reserve Board’s Regulation CC. You agree that the image of the check that is transmitted to us will be deemed an “item” as that term is defined in Article 4 of the Uniform Commercial Code as adopted in Massachusetts. You also acknowledge and agree that deposits you make using the Mobile Deposit Service are not “Electronic Funds Transfers” as that term is defined by the Federal Reserve Board’s Regulation E. You agree that you will not use the Services to photograph and deposit any prohibited checks or items, including but not limited to these prohibited items listed:
Mobile Deposit and “Service” refer to the Remote Deposit Capture service that allows customers to deposit qualified checks electronically at Citizens Bank.