Common use of Safeguarding Your Checks and Check Security Features Clause in Contracts

Safeguarding Your Checks and Check Security Features. We make checks available that include fraud prevention features and also offer Fraud Control Services (see Section 9 (“Fraud Control Services”) of this Deposit Agreement). If you choose not to use the security features, programs and services we offer, you are assuming the risk of any losses that could have been prevented if you had used the feature, program or service. You agree to safeguard your blank and canceled checks and to take reasonable steps to prevent their unauthorized use. You should store them under dual control in a secure, locked location that is accessible only to authorized personnel. If your checks are lost or stolen, you agree to notify us immediately. For security reasons, we reserve the right to close your account and transfer the balance to a new account. If we do, all checks written but not yet paid may be returned to payees as “Account Closed” or “Refer to Maker.” You will be responsible for issuing any replacement checks.

Safeguarding Your Checks and Check Security Features. We make checks available that include fraud prevention features and also offer Fraud Control Services (see Section 9 ([“Fraud Control Services”) ] of this Deposit Agreement). If you choose not to use the security features, programs and services we offer, you are assuming the risk of any losses that could have been prevented if you had used the feature, program or service. You agree to safeguard your blank and canceled checks and to take reasonable steps to prevent their unauthorized use. You should store them under dual control in a secure, locked location that is accessible only to authorized personnel. If your checks are lost or stolen, you agree to notify us immediately. For security reasons, we reserve the right to close your account and transfer the balance to a new account. If we do, all checks written but not yet paid may be returned to payees as “Account Closed” or “Refer to Maker.” You will be responsible for issuing any replacement checks.