Common use of Prohibited Checks Clause in Contracts

Prohibited Checks. You may only use Mobile Check Deposit to submit eligible checks that are made payable to you, with authentic and authorized signatures, that are not altered. The following checks are ineligible and may not be deposited using Mobile Check Deposit: a. Checks payable for greater than $1 million USD for deposit; b. Returned deposit checks; c. Checks drawn on banks located outside the U.S.; d. Checks payable in a currency other than USD; and e. Checks payable to a third party.

Appears in 1 contract

Sources: Commercial Deposit Account & Savings Account Agreement

Prohibited Checks. You may only use Mobile Check Deposit to submit eligible checks that are made payable to you, with authentic and authorized signatures, that are not altered. The following checks are ineligible and may not be deposited using Mobile Check Deposit:. a. Checks payable for greater than $1 million USD for deposit; b. Returned deposit checks; c. Checks drawn on banks located outside the U.S.; d. Checks payable in a currency other than USD; and e. Checks payable to a third party.

Appears in 1 contract

Sources: Commercial Deposit Account & Savings Account Agreement