Common use of Receipt of Deposit Clause in Contracts

Receipt of Deposit. All Images processed for deposit through Mobile Deposit will be treated as “deposits” under the Account Agreement and this Agreement. When we receive an Image, we will attempt to confirm receipt via a confirmation email to you if you have elected this option and provided us with your email address when you make the deposit. We shall not be deemed to have received the Image for deposit until we have confirmed receipt. Confirmation does not mean that the Image contains no errors. Notwithstanding the fact that we have accepted a Mobile Deposit for processing, any credit made to your Mobile Deposit Account shall be provisional, and you shall remain liable to us for any errors, inaccuracies, breach of warranties and any other loss sustained by, or claim made against us. We shall have no liability to you for the rejection of a Mobile Deposit or the Images or other information contained therein or for our failure to notify you of such rejection. We are not responsible for any Image that we do not receive. Following receipt, we may process the Image by preparing a “substitute check” or clearing the item as an Image. We reserve the right, at our sole and absolute discretion, to reject any Image for remote deposit into your Mobile Deposit Account. We will notify you of rejected Images by phone, email or other means.

Appears in 4 contracts

Samples: Online Banking Services Agreement, Online Banking Services Agreement, Inwood National Bank

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Receipt of Deposit. All Images processed for deposit through Mobile Deposit will be treated as “deposits” under the Account Agreement and this Agreement. When we receive an Image, we will attempt to confirm receipt via a confirmation email to you if you have elected this option and provided us with your email address when you make the deposit. We shall not be deemed to have received the Image for deposit until we have confirmed receipt. Confirmation does not mean that the Image contains no errors. Notwithstanding the fact that we have accepted a Mobile Deposit for processing, any credit made to your Mobile Deposit Account shall be provisional, and you shall remain liable to us for any errors, inaccuracies, breach of warranties and any other loss sustained by, or claim made against us. We shall have no liability to you for the rejection of a Mobile Deposit or the Images or other information contained therein or for our failure to notify you of such rejection. We are not responsible for any Image that we do not receive. Following receipt, we may process the Image by preparing a “substitute check” or clearing the item as an Image. We reserve the right, at our sole and absolute discretion, to reject any Image for remote deposit into your Mobile Deposit Account. We will notify you of rejected Images by phone, email or other means.. Retention of Checks. After you receive confirmation that we have received an Image, you must securely store the Check for 3 days after transmission to us and make the Check accessible to us at our request. We recommend storing up to 14 days. Upon our request from time to time, you will deliver to us within two

Appears in 2 contracts

Samples: Mobile Banking Agreement, Mobile Banking Agreement

Receipt of Deposit. All Images processed for remote deposit through Mobile Deposit will be treated as "deposits" under the Account Agreement Rules and this Agreementthe terms of Online Banking. When we Once submitted, you will receive an Imageemail indicating that your remote deposit was received. After processing, we you will attempt to confirm receipt via receive another email that will indicate if the deposit was REJECTED. You may also check on the status of a confirmation email to you if you have elected this option and provided us with your email address when you make deposit made through Mobile Deposit by selecting "View Deposit History" on the deposit. We shall not be deemed to have received the Image for deposit until we have confirmed receipt. Confirmation does not mean that the Image contains no errors"Deposit a Check" tab within Mobile Deposit. Notwithstanding the fact that we have accepted a Mobile Deposit for processing, any credit made to your Mobile Deposit Account shall be provisionalprovisional as further described under "Returned Deposits" below, and you shall remain liable to us for any errors, inaccuracies, breach of warranties and any other loss sustained by, or claim made against us. We shall have no liability to you for the rejection of a deposit through Mobile Deposit or the Images or other information contained therein or for our failure to notify you of such rejection. We are not responsible for any Image that we do not receive. Following receipt, we may process the Image by preparing a "substitute check" or clearing the item as an Image. We reserve the right, at our sole and absolute discretion, to reject any Image for remote deposit into your Mobile Deposit Account. We will use commercially reasonable efforts to notify you of rejected Images by phone, email or other means.

Appears in 2 contracts

Samples: Business Online Banking Services Agreement, www.trustcobank.com

Receipt of Deposit. All Images processed for deposit through Mobile Deposit will be treated as “deposits” under the Deposit Account Agreement and this the Agreement. When we receive an Image, we will attempt to confirm receipt via a confirmation email to you if you have elected this option and provided us with your email address when you make the deposit. We shall not be deemed to have received the Image for deposit until we have confirmed receipt. Confirmation does not mean that the Image contains no errors. Notwithstanding the fact that we have accepted a Mobile Deposit for processing, any credit made to your Mobile Deposit Account shall be provisional, and you shall remain liable to us for any errors, inaccuracies, breach of warranties and any other loss sustained by, or claim made against us. We shall have no liability to you for the rejection of a Mobile Deposit or the Images or other information contained therein or for our failure to notify you of such rejection. We are not responsible for any Image that we do not receive. Following receipt, we may process the Image by preparing a “substitute check” or clearing the item as an Image. We reserve the right, at our sole and absolute discretion, to reject any Image for remote deposit into your Mobile Deposit Account. We will notify you of rejected Images by phone, email or other means.

Appears in 2 contracts

Samples: Banking Agreement, Banking Agreement

Receipt of Deposit. All Images processed for deposit through Mobile Deposit will be treated as “deposits” under the Account Agreement and this the Mobile Banking Services Agreement. When we receive an Image, we will attempt to confirm receipt via a confirmation email to you to an email address that you designate to us, if you have elected this option and provided us with your select not to provide an email address when you make then the deposit. We shall ECU may not be deemed to have received the Image for deposit until we have confirmed receiptconfirm receipt via email. Confirmation does not mean that the Image contains no errors. Notwithstanding the fact that we have accepted a Mobile Deposit for processing, any credit made to your Mobile Deposit Account shall be provisional, and you shall remain liable to us for any errors, inaccuracies, breach of warranties war- ranties and any other loss sustained by, or claim made against us. We shall have no liability to you for the rejection of a Mobile Deposit or the Images or other information contained therein or for our failure to notify you of such rejection. We are not responsible for any Image that we do not receive. Following receipt, we may process the Image by preparing a “substitute check” or clearing clear- ing the item as an Image. We reserve the right, at our sole and absolute discretion, to reject any Image for remote deposit into your Mobile Deposit Account. We will notify you of rejected Images by phone, email or other meansImages.

Appears in 1 contract

Samples: Membership and Account Agreement

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Receipt of Deposit. All Images processed for deposit through Mobile Check Deposit will be treated as “deposits” under the Consumer Deposit Account Agreement and this Agreement. When we receive an ImageContract (or if applicable, we will attempt to confirm receipt via a confirmation email to you if you have elected this option and provided us with your email address when you make the deposit. We shall not be deemed to have received the Image for deposit until we have confirmed receipt. Confirmation does not mean that the Image contains no errorsBusiness Deposit Account Contract). Notwithstanding the fact that we have accepted a Mobile Deposit for processing, any credit made to your Mobile Deposit Account shall be provisionalprovisional as further described in Section 10 below, and you shall remain liable to us for any errors, inaccuracies, breach of warranties and any other loss sustained by, or claim made against us. We shall have no liability to you for the rejection of a deposit through Mobile Check Deposit or the Images or other information contained therein or for our failure to notify you of such rejection. We are not responsible for any Image that we do not receive. Following receipt, we may process the Image by preparing a “substitute check” or clearing the item as an Image. We reserve the right, at our sole and absolute discretion, to reject any Image for remote deposit into your Mobile Deposit Account. We will use commercially reasonable efforts to notify you of rejected Images by phone, email U.S. mail or other means.

Appears in 1 contract

Samples: Banking Agreement

Receipt of Deposit. Upon receipt of the digital check image, we will review the image for acceptability. You understand and agree that receipt of an image does not occur until after you receive a confirmation screen upon the conclusion of your transaction and that such confirmation does not mean that the image or transaction contained no errors or that we are responsible for any information you transmit to us. After we have reviewed your check for deposit, we will notify you if we accepted, deleted, or adjusted the item via email to you. We reserve the right to reject any image for mobile deposit into your account. All Images images processed for deposit through Mobile Deposit will be treated as "deposits" under your current Account Agreement with us and will be subject to all terms of the Account Agreement and this Agreement. When we receive an Imageimage, we will attempt to confirm receipt via a confirmation email to you if you have elected this option and provided us with your email address when you make the deposityou. We shall not be deemed to have received reviewed the Image for deposit item until we have confirmed receiptreview with email to you. Confirmation does not mean that the Image image contains no errors. Notwithstanding the fact that we have accepted a Mobile Deposit for processing, any credit made to your Mobile Deposit Account shall be provisional, and you shall remain liable to us for any errors, inaccuracies, breach of warranties and any other loss sustained by, or claim made against us. We shall have no liability to you for the rejection of a Mobile Deposit or the Images or other information contained therein or for our failure to notify you of such rejection. We are not responsible for any Image image that we do not receive. Following receipt, we may process the Image image by preparing a "substitute check" or clearing the item as an Imageimage. We reserve the right, at our sole and absolute discretion, to reject any Image image for remote deposit into your Mobile Deposit Accountaccount. We will notify you of rejected Images by phone, email or other meansimages.

Appears in 1 contract

Samples: Deposit Services Agreement

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