Non-Customer Check Cashing Fee Sample Clauses

Non-Customer Check Cashing Fee. If a person who is not a customer of ours presents a check drawn against one of your accounts for payment over the counter, we may charge the person a service charge tor cashing the check. You agree that if the person refuses to pay the service charge, we may not cash the check and we have no liability to you for refusing to cash the check. STALE CHECKS. We reserve the right to pay or dishonor a check more than six (6) months old without prior notice to you. CHECKING ACCOUNTS. If your account is a checking account, the following terms may apply. If we offer NOW accounts, the account must consist solely of funds in which the entire beneficial interest is held by one or more individuals in an individual capacity, a sole proprietor, or a governmental unit, but not professional corporations or business partnerships. A NOW account may also be held by a for profit organization serving in a fiduciary or trustee capacity for an entity that is itself permitted to hold a NOW account. Otherwise, an organization may hold a NOW account only if it is operated primarily for religious, philanthropic, charitable, educational, or other similar purpose.
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Non-Customer Check Cashing Fee. If a person who is not a customer of ours presents a check drawn against one of your accounts for payment over the counter, we may charge the person a service charge for cashing the check. You agree that if the person refuses to pay the service charge, we may not cash the check and we have no liability to you for refusing to cash the check. STALE CHECKS. We reserve the right to pay or dishonor a check more than six (6) months old without prior notice to you.
Sample 1

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