Examples of Remote Deposit Capture Service in a sentence
If applicable, Business agrees to enter in the amount of the Check using the written amount of the Check into the Remote Deposit Capture Service in the data field provided.
Financial Institution will process, encode, endorse, and deposit into the Account, Checks submitted by Business through the Remote Deposit Capture Service in accordance with Financial Institution’s internal procedures and all state and federal laws during any Business Day, subject to the Cutoff Time as stated in Section 3.4. Financial Institution will not examine Checks to verify any data or dates.
The Business shall submit valid Checks payable to Business by using the Remote Deposit Capture Service.
In using the Remote Deposit Capture Service, Business shall create an image of the Check or Checks and the associated MICR data using approved hardware as listed on the Terms of Use and Procedures.
Business agrees to abide by all Terms of Use and Procedures for using the Remote Deposit Capture Service.
Financial Institution will make reports regarding the Remote Deposit Capture Service available through a Financial Institution-designated Web page, which the Business may access through the Internet.
In the event the Remote Deposit Capture Service is not available due to circumstances beyond the control of the Business or the Financial Institution, arrangements will be made to accept the presentment of physical check items by the Business for processing by the Financial Institution.
Under the terms and conditions of this Agreement, Financial Institution hereby grants to Business a non-exclusive ability to utilize the Remote Deposit Capture Service through the Internet or by creating information to deposit checks through the software provided by the Financial Institution, and to use the Financial Institution’s proprietary documentation for the term of this Agreement.