Common use of Using the Service Clause in Contracts

Using the Service. You agree to: (a) follow our Service instructions for capturing and transmitting Check images and other information to us; (b) view each Check as it is scanned to ensure that the images (front and back) have been captured properly; (c) allow us (but we shall have no duty) to examine the physical location where you capture and transmit Check images and store Checks to confirm your compliance with this Agreement; (d) adequately train your employees on the use of the Service and evaluate the need for separation of employee duties to reduce the risk of fraud; (e) allow us (but we shall have no duty) to inspect any audit report related to your operational process for the Service; and (f) provide us with the original Check (if it is within your possession) or a sufficient copy of the Check within five (5) Business Days of our request. A “sufficient copy” of a Check is a paper reproduction of an original Check that accurately reflects all of the information on the front and back of the original Check as of the time the image was transmitted to us by means of this Service. You agree to retain all information about your imaging of Checks and transmittal of Check images for no less than 7 days. In the event of lost, mistaken, incomplete or unusable Checks or Check images, or in the event of claims of fraud, alteration, counterfeit or otherwise, you agree to cooperate fully with us in providing information, including access to such records. You bear sole responsibility for the care and security of any original Checks in your possession. You agree to apply the following endorsement to each scanned Check you transmit for deposit, either (a) on the original paper Check before scanning, or (b) by virtual endorsement applied to the Check image by your scanner: “Pay to the Order of [insert Bank Name and Bank’s Routing Number] For Remote Deposit Capture Only”. The foregoing endorsement language is the default setting for your scanner. You may request that your scanner’s virtual endorsement language also include “Deposit To [insert your account Name and/or account Number].” Any other variations in endorsement language must be approved in advance by the Bank in writing. We have the right (but no duty) to reject any remote deposit that does not readily appear to contain the foregoing endorsement, even if we accept other remote deposits from you or others without that endorsement. You agree that you will not attempt, directly or indirectly, to negotiate, deliver, transfer or deposit any original Check (or copies of such Check, whether in paper or electronic form) more than once, whether with us and/or with others. You are prohibited from using the Service for the benefit of any entity or person other than you (e.g. employees, officers, subsidiaries or non-affiliated persons).

Appears in 3 contracts

Samples: Ss Agreement, Ss Agreement, Ss Agreement

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Using the Service. You agree to: (a) follow our Service instructions for capturing and transmitting Check images and other information to us; (b) view each Check as it is scanned to ensure that the images (front and back) have been captured properly; (c) allow us (but we shall have no duty) to examine the physical location where you capture and transmit Check images and store Checks to confirm your compliance with this Agreement; (d) adequately train your employees on the use of the Service and evaluate the need for separation of employee duties to reduce the risk of fraud; (e) allow us (but we shall have no duty) to inspect any audit report related to your operational process for the Service; and (f) provide us with the original Check (if it is within your possession) or a sufficient copy of the Check within five (5) Business Days of our request. A “sufficient copy” of a Check is a paper reproduction of an original Check that accurately reflects all of the information on the front and back of the original Check as of the time the image was transmitted to us by means of this Service. You agree to retain all information about your imaging of Checks and transmittal of Check images for no less than 7 days. In the event of lost, mistaken, incomplete or unusable Checks or Check images, or in the event of claims of fraud, alteration, counterfeit or otherwise, you agree to cooperate fully with us in providing information, including access to such records. You bear sole responsibility for the care and security of any original Checks in your possession. You agree to apply In this regard, we strongly recommend that you insert the following above your endorsement on each original Check that you scan for transmission to each scanned Check you transmit for deposit, either (a) on the original paper Check before scanning, or (b) by virtual endorsement applied to the Check image by your scannerus through this Service: “Pay to the Order of [insert Bank Name and Bank’s Routing Number] For Remote Deposit Capture Only”. The foregoing endorsement language is the default setting for your scanner. You may request that your scanner’s virtual endorsement language also include “Deposit Only To Account [insert your account Name and/or account NumberAccount number].” Any other variations in endorsement language must be approved in advance by the Bank in writing. We have the right (but no duty) to reject any remote deposit that does not readily appear to contain the foregoing endorsement, even if we accept other remote deposits from you or others without that endorsement. You agree that you will not attempt, directly or indirectly, to negotiate, deliver, transfer or deposit any original Check (or copies of such Check, whether in paper or electronic form) more than once, whether with us and/or with others. You are prohibited from using the Service for the benefit of any entity or person other than you (e.g. employees, officers, subsidiaries or non-affiliated persons).

Appears in 1 contract

Samples: Management Master Services Agreement

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Using the Service. You agree to: (a) implement any changes or upgrades to your equipment that we require for the Service; (b) follow our User Instructions and Service instructions for capturing and transmitting Check images and other information to us; (b) view each Check as it is scanned to ensure that the images (front and back) have been captured properlyimages; (c) allow us (but we shall have no duty) to examine clearly xxxx “For electronic deposit only at E*TRADE” above your endorsement on all Checks deposited through the physical location where you capture Service for your E*TRADE Securities accounts, and transmit Check images and store clearly xxxx “For electronic deposit only at Xxxxxx Xxxxxxx Private Bank“ above your endorsement on all Checks to confirm deposited through the Service for your compliance with this AgreementXxxxxx Xxxxxxx Private Bank accounts; (d) adequately train your employees write “Electronically Processed” on the use front of the Service and evaluate the need your Check once we confirm it has been accepted for separation of employee duties to reduce the risk of frauddeposit; (e) allow us retain original Checks for no more than 45 days following our confirmation of their receipt; (but we shall have no dutyf) to inspect any audit report related to your operational process for after 45 days, either destroy original Checks or conspicuously and indelibly xxxx “Void” on the Servicefront of them; and (fg) provide us with the original Check (if it is Checks that are still within your possession) possession (or a sufficient copy copies of the Check Checks) within five (5) Business Days business days of our request. A “sufficient copy” of a Check is a paper reproduction of an original Check that accurately reflects represents all of the information on the front and back of the original Check as of the time the image was transmitted to us by means of this the Service. You agree to retain all information about your imaging of Checks and transmittal Once we confirm our receipt of Check images for no less than 7 days. In the event of lost, mistaken, incomplete or unusable Checks or Check images, or in the event of claims of fraud, alteration, counterfeit or otherwiseinformation, you agree to cooperate fully with us in providing information, including access to such records. You bear sole responsibility for the care and security of any original Checks in your possession. You agree to apply the following endorsement to each scanned Check you transmit for deposit, either (a) on the original paper Check before scanning, or (b) by virtual endorsement applied to the Check image by your scanner: “Pay to the Order of [insert Bank Name and Bank’s Routing Number] For Remote Deposit Capture Only”. The foregoing endorsement language is the default setting for your scanner. You may request that your scanner’s virtual endorsement language also include “Deposit To [insert your account Name and/or account Number].” Any other variations in endorsement language must be approved in advance by the Bank in writing. We have the right (but no duty) to reject any remote deposit that does not readily appear to contain the foregoing endorsement, even if we accept other remote deposits from you or others without that endorsement. You agree that you will not attempt, directly or indirectly, to negotiate, deliver, transfer or deposit any the original Check Checks (or copies of such CheckChecks, whether in paper or electronic form) more than once, whether with us and/or with or others. You are prohibited from using agree to store original Checks and any copies of such Checks in a secure manner so that others cannot gain access to them, and to notify us immediately if you believe the Service for security of such Checks has been compromised. You agree to shred or otherwise destroy original Checks so that they cannot be copied or reconstructed after 45 days. The provisions of this section shall survive the benefit termination of any entity or person other than you (e.g. employees, officers, subsidiaries or non-affiliated persons)this Agreement.

Appears in 1 contract

Samples: Mobile Deposit Service Agreement

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