Common use of Check Requirements Clause in Contracts

Check Requirements. Any image of a check that you transmit to us must accurately and legible provide all of the information on the front and back of the check at the time of presentment to you by the drawer. Prior to electronically transmitting a digital image of the original check, you will restrictively endorse any item transmitted through the Mobile Deposit Services by endorsing the check as it is made payable including FOR MOBILE DEPOSIT ONLY XXXX STATE BANK and your deposit account number, or as otherwise instructed by us. You agree to follow any and all other procedures and instructions for use of Mobile Deposit Services as we may establish from time to time. Any loss we incur from a delay or processing error resulting from an irregular endorsement or other markings by you will be your responsibility. For a check payable to you and any joint owner(s) of your bank account, the check must be endorsed by all such payees and you only use Mobile Deposit Services to deposit such check into a bank account jointly owned by all such payees. If the check is payable to you or your joint owner, either of you can endorse it. If the check is made payable to you and any non-joint owner, you may not deposit the check into your bank account using Mobile Deposit Services. The digital image of the check transmitted to us using Mobile Deposit Services must accurately and legibly provide, among other things, the following information: (a) your endorsement, and those of any other payees listed on the check; (b) the information identifying the drawer and the paying bank that is preprinted on the check, including complete and accurate MICR information and the signatures; and (c) other information placed on the check prior to the time and image of the check is captured, such as any required identification written on the front of the check and any endorsements applied to the back of the check. The image quality of the check must comply with the requirements established by the American National Standards Institute, the Board of Governors of the Federal Reserve Board, including the requirements under Regulation CC, or any other regulatory agency, clearing house or association. The image may be rejected for quality purposes if it does not meet the criteria set forth in this Agreement. You agree that we shall not be liable for any damages resulting from a check or item’s poor image quality, including those related to rejection of or delayed or improper crediting of such check or item or from any inaccurate information you supply regarding the check or item.

Appears in 3 contracts

Samples: Banking User Agreement, Banking User Agreement, Banking User Agreement

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Check Requirements. Any image of a check that you transmit to us must accurately and legible legibly provide all of the information on the front and back of the check at the time of presentment to you by the drawercheck. Prior to electronically transmitting a digital image of scanning the original check, you will must restrictively endorse any item transmitted through the Mobile Deposit Services by endorsing back of the check as it is made payable including FOR MOBILE DEPOSIT ONLY XXXX STATE BANK with “For ViaCU Mobile Deposit”, and your deposit account number, or as otherwise instructed by ussignature. You agree to follow any and all other procedures and instructions for use of Mobile Deposit Services as we Via Credit Union may establish from time to time. Any loss we incur from a delay or processing error resulting from an irregular endorsement or other markings by you will be your responsibility. For a check payable to you and any joint owner(s) of your bank account, the check must be endorsed by all such payees and you only use Mobile Deposit Services to deposit such check into a bank account jointly owned by all such payees. If the check is payable to you or your joint owner, either of you can endorse it. If the check is made payable to you and any non-joint owner, you may not deposit the check into your bank account using Mobile Deposit Services. The digital scanned image of the check transmitted to us using Mobile Deposit Services must accurately and legibly provide, among other things, the following information: (a1) your endorsement, and those of any other payees listed on the check; (b2) the information identifying the drawer and the paying bank that is preprinted on the check, including complete and accurate MICR information and the signatures; and (c3) other information placed on the check prior to the time and an image of the check is captured, such as any required identification written on the front of the check and any endorsements applied to the back of the check. The image quality of for the check must comply with will meet the requirements standards for image quality established by the American National Standards InstituteInstitute (“ANSI”), the Board of Governors of the Federal Reserve Board, including the requirements under Regulation CC, or and any other regulatory agency, clearing house clearinghouse or association. The Receipt of Checks We reserve the right to reject any check or item transmitted through Mobile Deposit at our discretion, without liability to you. We are not responsible for checks or items we do not receive or for images that are dropped during transmission. An image may of an item shall be rejected for quality purposes if it deemed received when you receive a confirmation from Via Credit Union that we have received the image. Receipt of such confirmation does not meet mean that the criteria set forth in this Agreementtransmission was error free, complete or will be considered a deposit and credited to your Account. We reserve the right to charge back to your Account, at any time, any item that we subsequently determine was not an eligible item. You agree that we shall Via Credit Union is not be liable for any damages resulting from loss, costs, or fees you may incur as a check or item’s poor image quality, including those related to rejection result of or delayed or improper crediting our chargeback of such check or item or from any inaccurate information you supply regarding the an ineligible check or item.

Appears in 2 contracts

Samples: Viamobile Agreement, www.viacu.org

Check Requirements. Any image of a check that you transmit to us must accurately and legible provide all of the information on the front and back of the check at the time of presentment to you by the drawer. Prior to electronically transmitting a digital image of the original check, you will restrictively endorse any item transmitted through the Mobile Deposit Services by endorsing the check as it is made payable including FOR MOBILE DEPOSIT ONLY XXXX STATE BANK OF XXXXX and your deposit account number, or as otherwise instructed by us. You agree to follow any and all other procedures and instructions for use of Mobile Deposit Services as we may establish from time to time. Any loss we incur from a delay or processing error resulting from an irregular endorsement or other markings by you will be your responsibility. For a check payable to you and any joint owner(s) of your bank account, the check must be endorsed by all such payees and you only use Mobile Deposit Services to deposit such check into a bank account jointly owned by all such payees. If the check is payable to you or your joint owner, either of you can endorse it. If the check is made payable to you and any non-joint owner, you may not deposit the check into your bank account using Mobile Deposit Services. The digital image of the check transmitted to us using Mobile Deposit Services must accurately and legibly provide, among other things, the following information: (a) your endorsement, and those of any other payees listed on the check; (b) the information identifying the drawer and the paying bank that is preprinted on the check, including complete and accurate MICR information and the signatures; and (c) other information placed on the check prior to the time and image of the check is captured, such as any required identification written on the front of the check and any endorsements applied to the back of the check. The image quality of the check must comply with the requirements established by the American National Standards Institute, the Board of Governors of the Federal Reserve Board, including the requirements under Regulation CC, or any other regulatory agency, clearing house or association. The image may be rejected for quality purposes if it does not meet the criteria set forth in this Agreement. You agree that we shall not be liable for any damages resulting from a check or item’s poor image quality, including those related to rejection of or delayed or improper crediting of such check or item or from any inaccurate information you supply regarding the check or item.

Appears in 2 contracts

Samples: User Agreement, User Agreement

Check Requirements. Any image of a check that you transmit to us must accurately and legible provide all of the information on the front and back of the check at the time of presentment to you by the drawer. Prior to electronically transmitting a digital image of the original check, you will restrictively endorse any item transmitted through the Mobile Deposit Services by endorsing the check as it is made payable including FOR MOBILE DEPOSIT ONLY XXXX STATE BANK and your deposit account number, or as otherwise instructed by us. You agree to follow any and all other procedures and instructions for use of Mobile Deposit Services as we may establish from time to time. Any loss we incur from a delay or processing error resulting from an irregular endorsement or other markings by you will be your responsibility. For a check payable to you and any joint owner(s) of your bank account, the check must be endorsed by all such payees and you only use Mobile Deposit Services to deposit such check into a bank account jointly owned by all such payees. If the check is payable to you or your joint owner, either of you can endorse it. If the check is made payable to you and any non-joint owner, you may not deposit the check into your bank account using Mobile Deposit Services. The digital image of the check transmitted to us using Mobile Deposit Services must accurately and legibly provide, among other things, the following information: (a) your endorsement, and those of any other payees listed on the check; (b) the information identifying the drawer and the paying bank that is preprinted on the check, including complete and accurate MICR information and the signatures; and (c) other information placed on the check prior to the time and image of the check is captured, such as any required identification written on the front of the check and any endorsements applied to the back of the check. The image quality of the check must comply with the requirements established by the American National Standards Institute, the Board of Governors of the Federal Reserve Board, including the requirements under Regulation CC, or any other regulatory agency, clearing house or association. The image may be rejected for quality purposes if it does not meet the criteria set forth in this Agreement. You agree that we shall not be liable for any damages resulting from a check or item’s poor image quality, including those related to rejection of or delayed or improper crediting of such check or item or from any inaccurate information you supply regarding the check or item.

Appears in 1 contract

Samples: User Agreement

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Check Requirements. Any image of a check that you transmit to us must accurately and legible legibly provide all of the information on the front and back of the check at the time of presentment presented to you by the drawer. Prior to electronically transmitting taking a digital image picture of the original check, you will restrictively endorse any item transmitted through the back of the original check as follows: each payees signature and the phrase "Mobile Deposit Services by endorsing the check as it is made payable including FOR MOBILE DEPOSIT ONLY XXXX STATE BANK and your deposit account number, or as otherwise instructed by usOnly Interra CU". You agree to follow any and all other procedures and instructions for may use an endorsement stamp in lieu of a written endorsement. Upon check submission through Mobile Deposit Services as Deposit, we may establish from time to time. Any loss we incur from place a delay or processing error resulting from an irregular virtual endorsement or other markings by you will be your responsibility. For a check payable to you and any joint owner(s) of your bank accountincluding, but not limited to, the check must be endorsed by all such payees deposit date and you only use Mobile Deposit Services to deposit such check into a bank account jointly owned by all such payees. If the check is payable to you or your joint owner, either of you can endorse it. If the check is made payable to you our routing and any non-joint owner, you may not deposit the check into your bank account using Mobile Deposit Servicestransit numbers. The digital image of the check transmitted to us using Mobile Deposit Services must accurately and legibly provide, among other things, the following information: (a) your endorsement, and those of any other payees listed on the check; (b1) the information identifying the drawer and the paying bank that is preprinted on the check, including complete and accurate MICR information and the signaturessignature(s); and (c2) other information placed on the check prior to the time and an image of the check is captured, such as any required identification written on the front of the check and any endorsements applied to the back of the check. The image quality of for the check must comply with will meet the requirements standards for image quality established by the American National Standards InstituteInstitute (“ANSI”), the Board of Governors of the Federal Reserve BoardReserve, including the requirements under Regulation CC, or and any other regulatory regula-tory agency, clearing house or association. The image may Hardware and Software Requirements. In order to utilize the Mobile Deposit service, you must have the following hardware and software with the indicated specifications: • iPhone, or • Android Processing of Items. Images of items transmitted by you are processed as described under the Use of the Services section. In addition, items transmitted by you and received by the Credit Union or its subcontractors by 3:00 p.m. Eastern Time Monday through Friday, shall be rejected for quality purposes if it does not meet credited to your applicable account on the criteria set forth in same Business Day. Items received by the Credit Union after 3:00 p.m. Eastern Time on any Business Day shall be credited to your applicable account on the next succes- sive Business Day. Funds from items deposited under the terms of this Agreement. You agree that we shall not Agreement will be liable for any damages resulting from a check or itemavailable to your pursuant to the Credit Union’s poor image quality, including those related to rejection of or delayed or improper crediting of such check or item or from any inaccurate information you supply regarding the check or itemFunds Availability Policy.

Appears in 1 contract

Samples: Mobile Remote Deposit Agreement

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