Check Standards Clause Samples
Check Standards. Check prices vary according to the types of checks you select. You can obtain information on the current price of checks by contacting Client Services (see Appendix A). Check charges may vary from time to time without specific notice to you. You are responsible for verifying the accuracy of all information shown on your checks and deposit tickets. If you find an error, please notify us immediately. We are not liable for losses resulting from incorrectly printed checks or deposit tickets. You agree not to issue checks with features or marks that obscure, alter or impair information on the front or back of a check or that otherwise prevents us or another bank from capturing such information during automated check processing.
Check Standards. Any image of a check that I transmit to you must accurately and legibly provide all the information on the front and back of the check at the time presented to me by the drawer. Prior to capturing the original check, I will endorse the back of the original check. My endorsement will include my signature and the following information: Account Number, Date, and the words “for deposit via Deposit Anywhere.” The captured image of the check transmitted to you must accurately and legibly provide the following information: (1) the information identifying the drawer and the paying bank that is preprinted on the check, including complete and accurate MICR information and the signature(s); and (2) other information placed on the check prior to the time 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 Rejection of Deposit. You are not liable for any service or late charges levied against me due to your rejection of any item. In all cases, I am responsible for any loss or overdraft plus any applicable fees to your Account due to an item being returned. Items Returned Unpaid. A notice will be sent to me of transactions you are unable to process because of returned items. With respect to any item that I transmit to you for remote deposit that you credit to my Account, in the event such item is dishonored, I authorize you to debit the amount of such item from the Account. Check images that are Email Address. I agree to notify you immediately if I change my email address, as this is the email address where you will send me notification of receipt of remote deposit items.
Check Standards. If you order or print checks from any check-printing vendor other than us, you agree to insure that the MICR encoding ink is of high quality. Not using high quality MICR ink could result in a large number of Exception Items and higher costs to you. You will ensure that all issued checks will be of minimum American National Standards Institute with respect to character position and formation. Bank shall promptly notify you of check quality problems.
Check Standards a. Minimum Check Standards and Specifications. Customer will ensure that all issued checks meet the minimum standards established by ANSI with respect to character position and formation, including MICR encoding, specifications and paper weight requirements.