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

REJECTION OF DEPOSITS BY THE BANK. 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. The Bank is not liable for any service or late charges that may be imposed against you due to the Banks’s rejection of any deposit. In all cases, you remain responsible for any loss or overdraft and any applicable fees that result from the rejection of any deposit. You acknowledge and agree that, while Bank normally provides notice of rejected deposits, the Bank may reject any Mobile Deposit in its sole discretion without notice to you, and will not be liable for any such rejection or failure to notify you of such rejection. If Bank rejects a Mobile Deposit, you may attempt to deposit the original Check at a branch.