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 Account gives you access to the Mobile Remote Deposit Capture Service (“MRDC”).

  • 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.

  • You can use the Remote Deposit Capture Service 24 hours a day, seven days a week, except when they are unavailable due to maintenance or system outages.

  • If any item you deposit through the Remote Deposit Capture Services is dishonored or otherwise returned unpaid, we will return the item to you in the form of a Substitute Check and charge back your account for the amount of the item plus any applicable fees in accordance with your the Credit Union Membership Agreement.

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

  • We make no warranty that the Remote Deposit Capture Services (i) will meet your requirements; (ii) will be uninterrupted, timely, secure or error free; (iii) will yield accurate or reliable results; or (iv) that any errors in the Remote Deposit Capture Services or technology will be corrected.

  • 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.

  • 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.

  • 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.


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 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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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 means the check deposit features supported within the Mobile Banking or other Online Banking services.
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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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Related to Remote Deposit Capture

  • Remote location means a location from which a member of a legislative body participates in a meeting pursuant to subdivision (f), other than any physical meeting location designated in the notice of the meeting. Remote locations need not be accessible to the public.

  • Remote Terminal or "RT" means a cabinet, vault or similar structure at an intermediate point between the End User Customer and CenturyLink's Central Office, where Loops are aggregated and hauled to the Central Office or Serving Wire Center using LCM. A Remote Terminal may contain active electronics such as digital loop carriers, fiber hubs, DSLAMs, etc.

  • Remote Access means that inspection can be made without the need to physically visit the courthouse where the court record is maintained.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Lockboxes has the meaning set forth in Section 2.7.

  • Security Deposit Account has the meaning given in Section 5.1.

  • Time Deposits means time deposits, certificates of deposit or similar arrangements with any bank or trust company, including the Trustee or an affiliate thereof, which is a member of the Federal Deposit Insurance Corporation.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Insured Depository Institution Insured Depository Institution shall have the meaning ascribed to such term by Section 1813(c)(2) of Title 12 of the United States Code, as amended from time to time.

  • Customer Deposits means deposits made by customers with respect to the purchase of goods or the performance of services.

  • Safe Deposit Boxes means the safe deposit boxes of the Failed Bank, if any, including the removable safe deposit boxes and safe deposit stacks in the Failed Bank's vault(s), all rights and benefits under rental agreements with respect to such safe deposit boxes, and all keys and combinations thereto.

  • Transient merchant means any person who engages in a temporary or itinerant merchandising business and in the course of such business hires, leases or occupies any building or structure whatsoever, or who operates out of a vehicle which is parked anywhere within the City limits. Temporary association with a local merchant, dealer, trader or auctioneer, or conduct of such transient business in connection with, as a part of, or in the name of any local merchant, dealer, trader or auctioneer does not exempt any person from being considered a transient merchant.

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

  • Assumed Deposits means Deposits.

  • Remote site means a setting physically separate from the sponsoring or supervising physician's primary place for meeting pa- tients or a setting where the physician is present less than twenty- five percent of the practice time of the licensee.

  • Direct Load Control means load reduction that is controlled directly by the Curtailment Service Provider’s market operations center or its agent, in response to PJM instructions.

  • Controlled Deposit Amount means, with respect to any Transfer Date, the sum of (a) the Controlled Accumulation Amount for such Transfer Date and (b) any existing Accumulation Shortfall.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • 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.

  • Controlled Deposit Account means each deposit account (including all funds on deposit therein) that is the subject of an effective Control Agreement and that is maintained by any Loan Party with a financial institution approved by the Administrative Agent.

  • Designated Depository Institution A depository institution (commercial bank, federal savings bank, mutual savings bank or savings and loan association) or trust company (which may include the Trustee), the deposits of which are fully insured by the FDIC to the extent provided by law.

  • Lock Boxes has the meaning ascribed to it in Annex C.

  • 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.

  • Excluded Deposit Account means (a) any deposit account exclusively used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such and (b) any Xxxxx Cash Accounts.

  • Failed Bank Charge-Offs/Write-Downs means, with respect to any Shared- Loss Asset, an amount equal to the aggregate amount of reversals or charge-offs of Accrued Interest and charge-offs and write-downs of principal effected by the Failed Bank with respect to that Shared-Loss Asset as reflected on the Accounting Records of the Failed Bank.