Common use of DEPOSIT OF FUNDS REQUIREMENTS Clause in Contracts

DEPOSIT OF FUNDS REQUIREMENTS. Refer to the Funds Availability Policy disclosure to determine the availability of your deposits. Items that may not be accepted for deposit include, but are not limited to: foreign currency, items that lack proper endorsement, items that have already been negotiated, or items that appear to be altered. You agree not to deposit checks, drafts, or other items before they are properly payable. We are not obligated to pay any check or draft drawn on your account which is presented more than six (6) months past its date.