Remote Deposit definition

Remote Deposit means any check that is deposited to your Account using your Mobile Device to capture an image of a check and send it to the Bank.
Remote Deposit means to deposit Items to your Account by creating an Image of the Item using a Remote Device, and transmitting that Image to us for deposit.
Remote Deposit or “Remote Deposit Capture” refers to your deposit of Qualifying Items to the authorized Account by endorsing the paper originals, placing our name and the word “scanned” on them, and then scanning both sides of them and sending their accurate images to us, together with deposit instructions, via the Internet, rather than by providing us with the paper originals.

Examples of Remote Deposit in a sentence

  • Customer acknowledges and agrees that the license to the Software and Remote Deposit Capture Services User Guide will terminate upon the earlier of the termination of this Agreement (or any earlier termination of the Remote Deposit Capture Services), or the termination of the Bank’s license to the Software and Remote Deposit Capture Services User Guide.

  • Customer must comply with all security procedures for the Remote Deposit Capture Service and Mobile Banking Deposit Service that are established by the Bank or set forth in any written user requirements communicated to Customer.

  • This policy only applies to deposits made using the Remote Deposit Capture Service or Mobile Banking Deposit Service; deposits made at a branch location remain subject to the funds availability policy outlined in the most current version of Customer’s applicable deposit account agreement.

  • Deposits completed after the Remote Deposit Capture or Mobile Banking Deposit Cut-Off set forth in Section 19 or on a non- business day will be posted on the next business day.

  • The Bank reserves the right in its sole discretion to terminate or suspend Customer’s access to Remote Deposit Capture Services or Mobile Banking Deposit Services at any time and with or without notice to Customer.


More Definitions of Remote Deposit

Remote Deposit refers to Our remote deposit service that permits electronic deposit of a check payable to an Account Owner to their eligible deposit Account using digital or other imaging.
Remote Deposit means depositing paper checks you receive to your Account with us by electronically transmitting a digital image of the paper checks to us for deposit using a scanning device such as a flatbed scanner. Your Account Card, the Credit Union Membership and Account Agreement, General Fee Schedule, Rate Sheet, the Internet Account Access Agreement, Optional Xxxx Pay Agreement and Disclosure Statement, and individual account disclosures ("Account Documents") are hereby incorporated into and made a part of this Disclosure and Agreement. In the event of a discrepancy between this Disclosure and Agreement and my Account Documents regarding the Services, this Disclosure and Agreement will control. Use of the Services. By using the Services or clicking the electronic signature "acceptance" you agree to the terms and conditions in this Disclosure and Agreement, and any amendments. Following your electronic acceptance of this Disclosure and Agreement, you will be permitted to remotely deposit paper checks as that term is defined in Federal Reserve Regulation CC (Reg. CC"), you receive to your Account with us by electronically transmitting a digital image of the paper checks to us for deposit. You agree to comply with the hardware and software requirements set forth at Exhibit "A," which is attached hereto and incorporated by this reference. Upon receipt of the digital image, we will review the image for acceptability. You understand and agree that receipt of an image does not occur until after we notify you of receipt of the image via the Deposit History feature. You understand that, in the event you receive a notification from us confirming receipt of an image, such notification does not mean that the image contains no errors or that the image is acceptable to us. Following receipt of the image, we will process the item as an image. We will not process the image by preparing a "substitute check". Notwithstanding anything to the contrary, we reserve the right, within our sole and absolute discretion, to accept or reject any item for mobile or remote deposit into your Account. You understand that any amount credited to your Account for items deposited using the Services is a provisional credit. Guarantee Specific to Deposits Received for Credit to a Business Account and Change in Financial Circumstances: Your use of the Services for the purpose of depositing to a Business Account constitutes your understanding and agreement that you will be required to execute the uncond...
Remote Deposit allows You to deposit a check via a smart phone, tablet, or computer with a scanner; • “Shared Access” enables You to delegate Digital Banking Account access to others without sharing login credentials;
Remote Deposit allows you to deposit a check via a smart phone, tablet, or computer with a scanner; • “Check Image” allows you to click on a check number to view the front and back image of the cleared check. • “Check Order” enables you to reorder personal checks online;
Remote Deposit means a method of accepting checks or items for deposit to Company's Account through the process of Bank receiving an image of the check or item for deposit using a scanner or other similar device.
Remote Deposit means the Online Service that permits you to transmit to us for deposit to your Account the image of a Qualified Item that is compliant with the federal Check Clearing for the 21st Century Act (“Check 21 Act”) (12 U.S.C. 5001 et seq.) using the Internet, a Device and Software.
Remote Deposit. Remote Deposit Capture,” or “RDC” refers to your deposit of qualifying items to the Authorized Account by endorsing the paper originals or using virtual endorsement, placing our name and the word “scanned” on them, and then scanning both sides of them and sending their accurate images to us, together with deposit instructions, via the internet, rather than by providing us with the paper originals.