Mobile Deposits definition

Mobile Deposits means checks deposited remotely by Customers using the camera enabled deposit capture feature of the SoFi Mobile App.
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Mobile Deposits is a fast, easy, and convenient way to deposit checks 24/7 using our Mobile App.
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Examples of Mobile Deposits in a sentence

  • Mobile Deposits confirmed as received before close of business on a business day will be credited to your account within 24 hours of receipt.

  • You also agree to be liable for Mobile Deposits or the Images or other information contained therein that are intercepted or altered by an unauthorized third party or dropped during transmission.

  • Cutoff Times and Funds Availability For the purposes of funds availability, Mobile Deposits are made at East West Bank’s Corporate Headquarters in Pasadena, California.

  • Limits: Mobile Deposits are limited in amount to $2,000 per day and $5,000.00 per month.

  • For purposes of funds availability, Mobile Deposits are considered deposited at a branch or ATM of this financial institution.

  • For purposes of funds availability, Mobile Deposits are considered deposited at a branch of ATM of this financial institution.

  • Funds from Mobile Deposits will generally be available to you in accordance with our standard funds availability policy.

  • The Bank may, at its option, also perform a risk management analysis of one or more Mobile Deposits submitted by you to detect potentially fraudulent checks, and, in its sole discretion, the Bank may reject any such Mobile Deposit, the Images or other information contained therein.

  • We may establish limits on the dollar amount and/or number of Check Images or Mobile Deposits from time to time.

  • We may establish per item transaction, daily, and monthly limits on the dollar amount and/or number of Check Images or Mobile Deposits from time to time.

Related to Mobile Deposits

  • Customer Deposits means at any time, the aggregate amount at such time of (a) deposits made by customers with respect to the purchase of goods or the performance of services and (b) layaway obligations of the Borrowers.

  • Security Deposits shall have the meaning set forth in Section 5.1.17(e) hereof.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.