Common use of REJECTION OF DEPOSITS BY THE BANK Clause in Contracts

REJECTION OF DEPOSITS BY THE BANK. After we receive Check images and all other required deposit information from you through the Service, we shall provisionally credit your designated account for the total amount of such Checks. The provisional credit is subject to final payment of the Checks and is also subject to your Bank Account Agreement. You agree that all deposits received by us are subject to verification and final inspection and may be rejected by us in our sole discretion, and you shall be liable to the Bank for any errors, inaccuracies, breach of warranties and any other loss sustained by, or claim made against the Bank relating to such deposits. The Bank is not liable for any service or late charges that may be imposed against you due to the Bank’s rejection of any Check that you transmit for deposit through the Service. In all cases, you are responsible for any loss or overdraft plus any applicable fees to your account due to a Check being returned. You acknowledge and agree that, while we normally provide notice of rejected deposits, we may reject any Check transmitted through the Service in our sole discretion without notice to you, and we will not be liable for any such rejection or failure to notify you of such rejection. If we reject a Check for remote deposit, you must physically deposit the original Check.

Appears in 7 contracts

Samples: Mobile Check Deposit Agreement, Mobile Agreement, Mobile Banking Agreement

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REJECTION OF DEPOSITS BY THE BANK. After we receive Check check images and all other required deposit information from you through the Service, we shall provisionally credit your designated account for the total amount of such Checkschecks. The provisional credit is subject to final payment of the Checks checks and is also subject to your Bank Account Agreement. You agree that all deposits received by us are subject to verification and final inspection and may be rejected by us in at our sole discretion, and you shall be liable to the Bank for any errors, inaccuracies, breach of warranties and any other loss sustained by, by or claim made against the Bank relating to such deposits. The Bank is not liable for any service or late charges that may be imposed against you due to the Bank’s rejection of any Check check that you transmit for deposit through the Service. In all cases, you are responsible for any loss or overdraft plus any applicable fees to your account due to a Check check being returned. You acknowledge and agree that, while we normally provide notice of rejected deposits, we may reject any Check check transmitted through the Service in our sole discretion without notice to you, and we will not be liable for any such rejection or failure to notify you of such rejection. If we reject a Check check for remote deposit, you must physically deposit the original Checkcheck at one of our branches.

Appears in 1 contract

Samples: Check Deposit Agreement

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REJECTION OF DEPOSITS BY THE BANK. After we receive Upon our receipt from you of each file containing Check images and all other required deposit data and information from you through or pertaining to the ServiceChecks and/or all batched ACH required data and information, we shall provisionally credit grant your designated account with a provisional credit for the total amount of such Checksfile. The provisional credit is subject to final payment of the Checks and is also subject to the terms of your Bank Account Agreement. You agree that all deposits received by us are subject to our verification and final inspection and may be rejected by us in our sole discretion, and you shall be remain liable to the Bank for any errors, inaccuracies, breach of warranties and any other loss sustained by, or claim made against the Bank relating to such depositsBank. The Bank is not liable for any service or late charges that may be imposed against you due to the Bank’s rejection of any Check that you transmit for deposit through the Service. In all cases, you are responsible for any loss or overdraft plus any applicable fees to your account due to a Check being returned. You acknowledge and agree that, while we normally provide notice of rejected deposits, we may reject any Check transmitted through the Service in our sole discretion without notice to you, and we will not be liable for any such rejection or failure to notify you of such rejection. If we reject a Check for remote deposit, you must physically deposit the original Check.

Appears in 1 contract

Samples: Deposit Service Agreement

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