Mobile Deposits definition
Examples of Mobile Deposits in a sentence
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.
Mobile Deposits confirmed as received before close of business on a business day will be credited to your account within 24 hours of receipt.
For purposes of funds availability, Mobile Deposits are considered deposited at a branch or ATM of this financial institution.
Mobile Deposits may be delayed as stated in the Funds Availability Policy.
Funds from Mobile Deposits will generally be available to you in accordance with our standard funds availability policy.
We may establish limits on the dollar amount and/or number of Check Images or Mobile Deposits from time to time.
For purposes of funds availability, Mobile Deposits are considered deposited at a branch of ATM of this financial institution.
Mobile Deposits are limited in amount to $1,500 per day, with a rolling 7-day limit of $5,000 and a rolling 30-day limit of $7,500.
As more fully explained in the “Funds Availability Policy” in the Disclosures and Schedules, when you deposit funds to your account (including without limitation, electronic direct deposits; deposits by check; Mobile Deposits; deposits of cash; wire transfers; and deposits of cashier’s, certified, teller’s, traveler’s, and federal, state, and local government checks) some or all of the deposited funds may not be immediately available to you.
You also acknowledge and agree that Mobile Deposits that you make using this service are not “Electronic Fund Transfers” as that term is defined in Bureau of Consumer Financial Protection Regulation E.