Endorsement Standards Sample Clauses

Endorsement Standards. The area from the trailing edge of a check to 1.5 inches from the trailing edge of a check is reserved for the payee’s endorsement. The trailing edge of a check is defined as the left side of the check looking at it from the front. You and all other endorsers must make your endorsement within this prescribed area. If any endorsement or other writing that you or any other endorser makes causes any error or delay in the processing of the item, you agree that you will be liable for any loss that we incur as a result of that delay or error, and you agree to hold us harmless from any such loss.
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Endorsement Standards. The area from the trailing edge of a check to 1.5 inches from the trailing edge of a check is reserved for the payee's endorsement. The trailing edge of a check is defined as the left side of the check looking at it from the front. You and all other endorsers must make your endorsement within this prescribed area. IF ANY ENDORSEMENT OR OTHER WRITING THAT YOU OR ANY OTHER ENDORSER MAKES CAUSES ANY ERROR OR DELAY IN THE PROCESSING OF THE ITEM, YOU AGREE THAT YOU WILL BE LIABLE FOR ANY LOSS THAT WE INCUR AS A RESULT OF THAT DELAY OR ERROR, AND YOU AGREE TO INDEMNIFY AND HOLD US HARMLESS FROM ANY SUCH LOSS.
Endorsement Standards. The area from the trailing edge of a check to 1.5 inches from the trailing edge of a check is reserved for the payee’s endorsement. The trailing edge of a check is defined as the left side of the check looking at it from the front. You and all other endorsers must make your endorsement within this prescribed area. If any endorsement or other writing that you or any other endorser makes causes any error or delay in the processing of the item, you agree that you will be liable for any loss that we incur as a result of that delay or error, and you agree to hold us harmless from any such loss. If you submit checks via mobile deposit the endorsement must state "For Mobile Deposit Only", or if present, the check box must be marked that the item is a mobile deposit. Failure to properly endorse checks submitted through mobile deposit may result in the item being refused for deposit. We will not be liable to you for checks we refuse to accept through mobile deposit.
Endorsement Standards. You agree that you will not place an endorsement, other writing, or marking on a check or other negotiable demand draft in the area reserved for our endorsement as prescribed in Federal Reserve Board Regulation CC including Appendix D. The trailing edge of the check is defined as the left side of the check looking at it from the front and that the area from the trailing edge of a check to
Endorsement Standards. The area from the trailing edge of the backside of a check to 1.5 inches from the trailing edge of the backside of a check is reserved for the payee’s endorsement. The trailing edge of a check is defined as the left side of the check looking at it from the front. You and all other endorsers must make your endorsement within this prescribed area. If any endorsement or other writing that you or any other endorser makes causes any error or delay in the processing of the item, you agree that you will be liable for any loss that we incur as a result of that delay or error, and you agree to indemnify, defend, and hold us harmless from any such loss. You will receive an Account statement monthly for your Checking Xxxxxxxx.Xxx will receive an Account statement at least quarterly for your Savings Accounts. It is your responsibility to ensure that your Account statements are received, and you agree that we will not be responsible for the loss or theft of your xxxxxxxxxx.Xxx agree to notify us immediately if you fail to receive a statement for your Checking Accounts monthly or a statement for your Savings Accounts at least quarterly. It is important that you make note of the time that you regularly receive your statement. You agree to notify us immediately and in any event within 10 days of that time, if you fail to receive your statement within the regular xxxx.Xxx agree, further, to notify us immediately and in any event within 30 days of any changes to your name, address or other personal or business contact information on file with us such as telephone numbers and email xxxxxxxxx.Xxx agree that we may, but are not required to, change your address of record if we receive an address change notice from the U.S. Postal Service or if a third party in the business of providing correct address information notifies us that your address of record is inconsistent with the address the third party has for you. Unless we have agreed otherwise, we will mail your Account statement to the most recent address we have in our records for the Primary Member.We are only required to provide the Account statement, notices, and other communications to the Primary Member on the Account who is responsible for providing Account statement and all other notices and communications to all other Account Parties. Notice to one of you shall be considered notice to xxx.Xxx acknowledge that any person your Account statement is provided to may have access to Account information for all of your Accou...
Endorsement Standards. If you cash or deposit a check, your proper endorsement must appear on the back of the check within the first 1 1/2 inches from the left side of the check when looking at it from the front. You may not include any other information in the remaining area on the back of the check. We are not responsible for any loss due to a delay in returning the check caused by endorsements that do not comply with these standards. We are also not responsible for any loss due to endorsements that are not legible because of material on the back of the check (such as checks with carbon bands or strips) that prohibit us from placing our endorsement on the back of the check or that causes our endorsement to be covered. We may, at our option, refuse endorsements by third parties or require them to be verified or guaranteed. You agree to reimburse us for any loss, expense and cost we may incur because you do not comply with these standards.
Endorsement Standards. The trailing edge of a check is defined as the right side of the check looking at it from the back and that the area from the trailing edge of a check to 1.5 inches from the trailing edge of a check is reserved for the payee’s endorsement. You and all other endorsers must make your endorsements within the prescribed area. You agree to hold us harmless from any loss or liability, including consequential damages, attorneys’ fees and expenses arising in connection with your failure to adhere to our endorsement and encoding standards and those of Regulation CC, including but not limited to, any loss or liability resulting from improper encoding or a delay in forwarding or returning a check caused by an endorsement that is not readable or any other condition on the back of the check caused by you, which adversely affects the ability of a financial institution to endorse the check legibly in accordance with Regulation CC.
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Endorsement Standards. We may accept for deposit any item payable to you or your order, even if the item is not endorsed by you. At our option, we may endorse and/or collect items deposited to your Account without your endorsement. We may instead, in our sole discretion, require your personal endorsement prior to accepting an item for deposit. Each of you authorizes each other person signing the signature card or Account application to endorse any item payable to you or your order for deposit to your Account or any other transaction with us. You warrant that all endorsements on items deposited by you are genuine. We are not required to accept items that contain more than one endorsement or an improper endorsement. We may, at our option, refuse endorsements by third parties or require them to be verified or guaranteed. In our discretion, we may limit the amount that you may deposit. You agree to reimburse us for any loss we incur because an item was not endorsed exactly as it was made out, contained features or ink that cannot be properly imaged or was otherwise defective, and to pay any fee we impose (See the Retail Banking Fee Schedule). This Paragraph will survive the termination of this Agreement. If you cash or deposit a check, your proper endorsement must appear on the back of the check within the first 1 1/2 inches from the left side of the check when looking at it from the front. You may not include any other information in the remaining area on the back of the check. We are not responsible for any loss due to a delay in returning the check caused by endorsements that do not comply with these standards. We are also not responsible for any loss due to endorsements that are not legible because of material on the back of the check (such as checks with carbon bands or strips) that prohibit us from placing our endorsement on the back of the check or that causes our endorsement to be covered. You agree to reimburse us for any loss, expense and cost we may incur because you do not comply with these endorsement standards.
Endorsement Standards. You agree that you will not place an endorsement, other writing, or marking on a check or other negotiable demand draft in the area reserved for our endorsement as prescribed in Federal Reserve Board Regulation CC including Appendix D. The trailing edge of the check is defined as the left side of the check looking at it from the front and that the area from the trailing edge of a check to 1.5 inches from the trailing edge of a check is reserved for the payee’s endorsement. You agree to hold us harmless from any loss or liability, including consequential damages, attorneys’ fees and expenses arising in connection with your failure to adhere to our endorsement and encoding standards and those of Regulation CC, including, but not limited to, any loss or liability resulting from improper encoding or a delay in forwarding or returning a check caused by an endorsement that is not readable or some other condition on the back of the check caused by you, which adversely affects the ability of a financial institution to endorse the check legibly in accordance with Regulation CC. You agree that the credit union is authorized to supply any missing endorsements of any owners to the account and to accept the check for deposit if we so choose. We are not required to recognize endorsement restrictions limiting payment to a particular person or prohibiting further transfer or negotiation of the instrument and we will not do so.
Endorsement Standards. The payee of a check (the person to whom a check is payable) must sign (endorse) the check on the back in the space shown in the picture below. If a check is transferred to someone else before it gets deposited or cashed, that person (the transferee) may also be required to sign the check. Every bank that handles a check on its way to the bank that is asked to pay it also has to identify itself on the back of the check. The space for those banks is to the right of the space shown for the payee and other "holders" (see picutre below). When you endorse a check, you must: 1. clearly sign your name; 2. use black or dark blue ink if possible; 3. never use a faint color, like red, pink or any pastel, or a gel ink (these do not copy well); 4. sign near the top of the space provided, or just below any other signature in that space; 5. stay out of the area below the space for endorsers (most check forms have a line separating the endorsement area); and 6. keep any stamp within the area set aside for handwritten signatures. Here is a picture that shows you the correct endorsement area. Why is this important? If your endorsement of a check, or the endorsement of someone from whom you took the check, either:
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