Remote Deposit Capture definition

Remote Deposit Capture means the service that allows Member to use certain scanning hardware and software and/or a downloadable software application on an eligible Mobile Device to perform certain remote deposit activities, as fully described in Part IV of this Agreement.
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Remote Deposit Capture is a service that allows you to make deposits of checks to your accounts by scanning the original checks and delivering the digital images and associated deposit information to us or our processor with your device;
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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.
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Examples of Remote Deposit Capture in a sentence

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

  • The following terms and conditions govern the use of the Remote Deposit Capture Services.

  • In case of any conflict between this Agreement and your other Credit Union agreements, specific provisions regarding Remote Deposit Capture Services in this Agreement control over general provisions.

  • You are to notify us right away of any suspected errors regarding items deposited through the Remote Deposit Capture Services, in no event later than 60 days after the applicable the Credit Union account statement is sent.

  • If you decline to agree, your use of the Remote Deposit Capture Services may be limited, suspended or terminated.

  • To use the Remote Deposit Capture Service, you must obtain and maintain an Eligible Device and all other hardware and software it requires, at your own expense.

  • Unless you notify us within 60 days, the account statement shall be deemed correct, and you are barred from bringing a claim against us for alleged errors regarding any Remote Deposit Capture Services deposits shown on the statement.

  • We disclaim all warranties of any kind, express or implied, as to the Remote Deposit Capture Services and their use, including but not limited to warranties of merchantability, fitness for a particular purpose and non-infringement.

  • You may not redeposit the original item through the Remote Deposit Capture Services.

  • If you do not wish to consent to electronic notices about the Remote Deposit Capture Services, you may decline to enroll in the Remote Deposit Capture Service.


More Definitions of Remote Deposit Capture

Remote Deposit Capture means Park Bank Express Deposit and or/ Park Bank Biz Deposit. "We," "Us," and "Bank" means The Park Bank (“Park Bank”).
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Remote Deposit Capture is an Online Banking Transaction which is described in the Section 19 of this Agreement.
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Remote Deposit Capture. “GLCU eZDeposit”, and “eZDeposit” means the remote check deposit capture service offered by GLCU
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Remote Deposit Capture means the check deposit features supported within the Mobile Banking or other Online Banking services.
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Remote Deposit Capture means the service offered by Bank that allows a Customer to create Check Images and transmit them electronically to Bank for deposit into a Designated Account.
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Related to Remote Deposit Capture

  • Remote location means any location that is at least one (1.0) mile from the location of a receptor. "Receptor" includes, but is not limited to, any hospital, school, day care center, work site, business, residence, and permanent campground. The distance to the nearest receptor is to be measured from the outermost limit of the area to be disturbed or road surface, whichever is closer.

  • Client Money means the provisions of the FCA’s Client Assets Sourcebook relating to client money.

  • Controlled Deposit Amount means, for any Transfer Date with respect to the Controlled Accumulation Period, an amount equal to the sum of the Controlled Accumulation Amount for such Transfer Date and any existing Accumulation Shortfall.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.