Examples of Remote Deposit Service in a sentence
In connection with the Remote Deposit Service, you agree to comply with the following: • Each processed Imaged Item must be transmitted in compliance with the terms and conditions of this Agreement; • Each processed Imaged Item must be transmitted in compliance with the terms and conditions of this Agreement and you will assume full responsibility for any Imaged Item which for any reason is not paid.
To the extent we require the use of software in connection with the Remote Deposit Service, you will implement and use the software, as set forth in the Supporting Documents and any applicable materials relating to the Supporting Documents to transmit output files to us.
To the extent we provide access to equipment for your use of the Remote Deposit Service (“Bank-Provided Equipment”), you agree not to remove the Bank-Provided Equipment from your place of business, you will be responsible for the maintenance of the Bank-Provided Equipment and we may require your use of the same to be subject to additional terms.
If any Bank-Provided Equipment is lost, stolen, or damaged in such a manner that you cannot comply with the capture, transmission, processing, and other applicable procedures and requirements of Agreement, you agree to inform us and to then obtain and substitute new equipment that is acceptable as shown in the supporting documentation, before you continue using the equipment and the Remote Deposit Service.
You will not allow access to the software or the use of the Remote Deposit Service by any person other than you, and will only process Items arising from a transaction or obligation between you and your direct payor.
Except to the extent otherwise provided in this Agreement or the Supporting Documents, you will provide, or obtain from another party selected by you at your expense, support and maintenance of such Internet connection and all other computer hardware, software, and equipment required to use the Remote Deposit Service, including without limitation troubleshooting Internet connectivity issues with your internet service provider (ISP).
Upon termination of the Remote Deposit Service, your right to use the Bank-Provided Equipment shall terminate and you agree to return the scanner and all program materials within 15 calendar days (or we shall charge you the replacement cost of the scanner).
The Remote Deposit Service enables you to use a software application together with your Wireless Access Device or other scanning hardware maintained by you to create electronic images of the front and back of certain Original Checks (defined below) and transmit those images and other information, including, without limitation, information captured from the magnetic ink character recognition (“MICR”) line, to us for review and processing in accordance with this Agreement.
You further agree to be solely responsible for verifying the compatibility of any equipment used with the Remote Deposit Service.