Remote Deposit definition
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.