Check Truncation. PFPC will provide Phoenix with “enhanced data” by way of the Communications Network. PFPC itself, or its Agent, will retain the Checks in the form received for a period of not less than three months following their cancellation, and a copy of such Checks on microfilm, microfiche, imaging or other like form for a period of not less than seven years following cancellation.
Appears in 2 contracts
Sources: Checking and Financial Recordkeeping Services Agreement (Nassau Life Variable Accumulation Account), Checking and Financial Recordkeeping Services Agreement (Nassau Life Variable Universal Life Account)