Examples of Eligible Account in a sentence
You agree that we may treat any transfer from an Eligible Account the same as a written withdrawal, transfer, check, or deposit, in accordance with the terms contained in our Account Agreement and Disclosures.
In order to enroll in the Mobile Deposit Service, you must be designated as an authorized signer or owner of a checking or savings account with the Bank, as we may determine in our sole discretion from time to time to be eligible for the Mobile Deposit Service (each, an "Eligible Account"), and be approved by us.
We may, at our discretion, return or refuse to accept all or any part of a deposit to your Eligible Account using the Mobile Deposit Service, or suspend or terminate your use of the Mobile Deposit Service, at any time and without prior notice to you, and will not be liable for doing so even if such action causes outstanding checks, items, or other debits to your Eligible Account to be dishonored and returned.
If you open a new Eligible Account after enrolling in BerkOnline®, you must request, in writing, approval from us to link that new account through BerkOnline®.
You agree that after an Item has been credited to the Eligible Account, you are required to mark the Item by writing "mobile check deposit" on the front of the Item with the date deposited and retain the Item for 7 business days.