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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 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.
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.

Examples of Remote Deposit in a sentence

  • You shall not seek to use the Remote Deposit Service to deposit any Instrument into an Account different than the currency denominated on the Instrument.

  • 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.

  • Unlike traditional check deposits, you retain the original paper check when you use Remote Deposit Capture.

  • 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.

  • The Depositor shall not seek to use the Remote Deposit Service to deposit any Instrument into an Account different than the currency denominated on the Instrument.


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. “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.
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 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 Bill 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. 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. In addition you agree that you will not (i) modify, change, alter, translate, create derivative works from, reverse engineer, disassemble or decompile the technology or Service, (ii) copy or reproduce all or any part of the technology or Service; or
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 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;