Common use of Check Retention & Destruction Clause in Contracts

Check Retention & Destruction. You understand and agree that all deposit items belong to you and not to Credit Union and that those items shall be handled in accordance with this Agreement. After receipt by Credit Union of any transmission by you of imaged items for deposit to your account, Credit Union will acknowledge by electronic means its receipt of such electronic transmission. Your electronic transmission is subject to proof and verification. You shall retain the original of all imaged items that have been deposited via Remote Deposit for reasonable period of time in order to verify settlement and credit or to balance periodic statements, but in no case beyond ninety (90) days from the date processed, and shall properly destroy and dispose of such original checks after such time. During the period that you maintain the original checks, you understand and agree that it must use a high degree of care to protect these original checks against security risks. These risks include, without limitation:

Appears in 5 contracts

Samples: Signature and Electronic Disclosures Agreement, static1.squarespace.com, static1.squarespace.com

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Check Retention & Destruction. You understand and agree that all deposit items checks belong to you and not to the Credit Union and that those items shall be handled in accordance with this Agreement and your Membership and Account Agreement. After our receipt by Credit Union of any a deposit transmission by you of imaged items for deposit to your account, Credit Union we will acknowledge by electronic means its our receipt of such electronic transmission. Your electronic transmission is subject to proof and verification. You shall will retain the original of all imaged items checks that have been deposited via Remote Mobile Deposit for a reasonable period of time in order to verify settlement and credit or to balance periodic statements, but in no case beyond ninety forty-five (9045) days from the date processed, and shall . It is your responsibility to properly destroy and dispose of such original checks after such time. During the period that you maintain the any original checks, you understand and agree that it you must use a high degree of care to protect these original checks against security risks. These risks include, without limitation:,

Appears in 4 contracts

Samples: www.primesourcecu.org, www.primesourcecu.org, www.primesourcecu.org

Check Retention & Destruction. You understand and agree that all deposit items belong to you and not to the Credit Union and that those items shall be handled in accordance with this Agreement. After receipt by Credit Union of any transmission by you of imaged items for deposit to your account, Credit Union will acknowledge by electronic means its receipt of such electronic transmission. Your electronic transmission is subject to proof and verification. You shall retain the original of all imaged items that have been deposited via Remote Deposit for a reasonable period of time in order to verify settlement and credit or to balance periodic statements, but in no case beyond ninety (90) days from the date processed, and shall properly destroy and dispose of such original checks after such time. During the period that you maintain the original checks, you understand and agree that it must use a high degree of care to protect these original checks against security risks. These risks include, without limitation:

Appears in 2 contracts

Samples: Business Online Banking Agreement, Business Online Banking Agreement

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Check Retention & Destruction. You understand and agree that all deposit items checks belong to you and not to the Credit Union and that those items shall be handled in accordance with this Agreement and your Membership and Account Agreement. After our receipt by Credit Union of any a deposit transmission by you of imaged items for deposit to your account, Credit Union we will acknowledge by electronic means its our receipt of such electronic transmission. Your electronic transmission is subject to proof and verification. You shall will retain the original of all imaged items checks that have been deposited via Remote Deposit for a reasonable period of time in order to verify settlement and credit or to balance periodic statements, but in no case beyond ninety thirty-five (9035) days from the date processed, and shall . It is your responsibility to properly destroy and dispose of such original checks after such time. During the period that you maintain the any original checks, you understand and agree that it you must use a high degree of care to protect these original checks against security risks. These risks include, without limitation:,

Appears in 1 contract

Samples: www.onpointcu.com

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