Common use of Depositing Substitute Checks Clause in Contracts

Depositing Substitute Checks. A substitute check is a copy of a check that is the legal equivalent of the original check. When you make a check deposit, if the deposited check is returned to us unpaid, you may receive a substitute check. If you deposit a substitute check and we suffer a loss, cost or expense as a result, you will be responsible to pay us that amount.

Depositing Substitute Checks. A substitute check is a copy of a check that is the legal equivalent of the original check. When you make a check deposit, if the deposited check is returned to us unpaid, you You may receive a substitute check, such as when a check you deposited is returned unpaid. If you deposit a substitute check and we suffer a loss, cost or expense as a result, you will be responsible have to pay us that amount.

Depositing Substitute Checks. A substitute check is a copy of a check that is the legal equivalent of the original check. When you make a check deposit, if the deposited check is returned to us unpaid, you You may receive a substitute check, such as when a check you deposited is returned unpaid. If I f you deposit a substitute check and we suffer a loss, cost or expense as a result, you will be responsible have to pay us that amount.