Official Image definition

Official Image means an electronic image of an Eligible Bill, either created in accordance with the provisions of this Agreement or that otherwise complies with the requirements to permit negotiation and clearing of that Eligible Bill in accordance with the by-laws, standards, and Rules of the Canadian Payments Association.

Official Image means an electronic image of an Eligible Item that you create by taking a picture of the front and back of the Eligible Item with an Electronic Device.

Official Image means an electronic image of an Eligible Item, created in accordance with the provisions of this Account Guide and that complies with the requirements to permit negotiation and clearing of that Eligible Item in accordance with the by-laws, rules and standards of Payments Canada.

Examples of Official Image in a sentence

• If no written request is received within that time, then 120 calendar days after an Official Image has been transmitted to Us through the Remote Deposit Service or such shorter period as stipulated by Us in writing, and provided that You have verified a credit to the Account that reconciles to the Official Image transmitted, You agree and shall ensure that each Signing Officer, Delegate, and Non Signer agrees, to immediately proceed with destruction of the original of the Eligible Bill.

• In this context, transmission to and receipt by Us of the Official Image will have the same effect as if the Instrument was delivered to a branch of the Financial Institution for negotiation and clearing.

• You shall not purport to create or transmit an Official Image of any item that does not qualify as an Eligible Bill or any item that is post-dated, stale-dated, received by You from anyone other than the drawer of that item, or that is in any way altered.

• This includes any notice that we provide to you confirming that we have received an Official Image from you after you use the Mobile Remote Deposit Services.

• Deposit Anywhere allows you to make deposits to Accounts by taking a picture of the front and back of cheques and certain other Instruments using a Mobile Device and delivering to the Credit Union an Official Image together with associated deposit information.

More Definitions of Official Image

Official Image means the approved image issued for use throughout the Federal government.

Official Image means an electronic image of an Eligible Xxxx, either created in accordance with the provisions of this Agreement or that otherwise complies with the requirements to permit negotiation and clearing of that Eligible Xxxx in accordance with the by- laws, standards, or Rules of the Canadian Payments Association.

Official Image means an electronic image of an Eligible Cheque Instrument, either created in accordance with the provisions of this Agreement or otherwise complies with the requirements to permit negotiation and clearing of the Eligible Cheque Instrument in accordance with the by-laws, standards, or Rules of the Canadian Payments Association.

Official Image means an electronic image of an Eligible Bill, either created in accordance with the provisions of this Agreement or that otherwise complies with the requirements to permit negotiation and clearing of that Eligible Bill in accordance with the by-laws, standards, and Rules of the Canadian Payments Association. "Online Payment Service" means the online payment service provided by Interac Corp. (doing business as INTERAC Online) that facilitates the sending and receiving of money through Direct Services and Interac Corp. to Participating Financial Institutions for the purchase of goods and services from Participating Merchants. "PAC" means the personal access code or word used with Direct Services to access an Account. "PAD"

Official Image means an electronic image of an Eligible Bill, either created in accordance with the provisions of these Terms or that otherwise complies with the requirements to permit negotiation and clearing of that Eligible Bill in accordance with the by-laws, standards, or Rules of the Canadian Payments Association.

Official Image means an electronic image of an Eligible Item that the Member creates by taking a picture of the front and back of the Eligible Item with Equipment;

Official Image means an electronic image of an Eligible Item, either created in accordance with the provisions of this Account Guide or that otherwise complies with the requirements to permit negotiation and clearing of that Eligible Item in accordance with the by-laws, standards, or Rules of the Canadian Payments Association.