REMOTE CHEQUE DEPOSIT SERVICE Clause Samples
The Remote Cheque Deposit Service clause defines the terms under which a customer can deposit cheques electronically, typically by submitting images of cheques through a bank's online or mobile platform. This clause outlines the procedures for submitting cheque images, any eligibility requirements, and the responsibilities of both the customer and the bank regarding the accuracy and security of the deposit process. Its core function is to facilitate convenient, remote cheque deposits while clarifying the obligations and limitations for both parties, thereby reducing the need for in-person banking and minimizing potential disputes over electronic cheque processing.
REMOTE CHEQUE DEPOSIT SERVICE. 11.1 Terms and conditions in this Article 11 apply only to the Remote Cheque Deposit Service and are in addition to all other terms and conditions in this Agreement. If there is a conflict between this Article 11 and the remaining terms of this Agreement, this Article 11 will prevail to the extent of the inconsistency in respect of the Remote Cheque Deposit Service. 11.2 Depositing. Remote Cheque Deposit allows the Client to make deposits to Accounts by taking a picture of the front and back of eligible Deposit Items (“Images”) with an eligible Device and delivering the Images and associated deposit information to ATB Financial. The Client agrees to follow procedures and instructions for use of Remote Cheque Deposit that ATB Financial may establish from time to time. 11.3
REMOTE CHEQUE DEPOSIT SERVICE. 11.1 Terms and conditions in this Article 11 apply only to the Remote Cheque Deposit Service and are in addition to all other terms and conditions in this Agreement. If there is a conflict between this Article 11 and the remaining terms of this Agreement, this Article 11 will prevail to the extent of the inconsistency in respect of the Remote Cheque Deposit Service. 11.2
REMOTE CHEQUE DEPOSIT SERVICE