Deposit Accuracy Clause Samples

Deposit Accuracy. It is your responsibility, not ours, to confirm the accuracy of the amount you deposit. If we determine a discrepancy exists between the declared and the actual amount, we may debit or credit your account and we may notify you if any adjustments are made. We can also use the declared amount as the correct amount to be deposited and not adjust a discrepancy if it is less than our standard adjustment amount. We may vary our standard adjustment amount from time to time without notice and use different amounts depending on account type. In handling deposits to your account, we act only as your agent for collection and assume no responsibility beyond the exercise of ordinary care. Notify us of a discrepancy. You must notify us within the applicable timeframe below or we may consider the deposit correct. • Consumer Accounts: within 1 year after we have made your account statement available to you. • Non-consumer Accounts: within 30 days after we have made your account statement available to you.