Your Special Warranties for this Service. In addition to the General Warranties and Representations by you, you represent and warrant to us that: ▪ You will use the Service only for Items that are payable to or endorsed or eligible for deposit by you and that are not disqualified for any other reasons, including those described previously as Exception Items. ▪ This Service will not be used with personal accounts and personal checks unless we provide explicit written authorization from the Bank ▪ Only original U.S. Dollar checks drawn on a U.S. Bank will be deposited through the Service. ▪ With respect to each check that you transmit electronically to us: (a) you have the legal right to accept the check for deposit and negotiation, regardless of the name of the payee shown on the check; (b) you will not use the Service to deposit any checks that are third party or second endorsed checks; (c) the images and information that you transmit accurately represent all of the information on the front and back of the original check, including, without limitation, all endorsements, at the time of transmission; (d) you have not taken any action that would obscure, alter or impair the capture or transmission of information on the front or back of the check or that otherwise may prevent us or another institution from capturing or processing such information; (e) you make all warranties that would otherwise apply to the check if it had been a paper item deposited with us; (f) you make all encoding, transfer, presentment and other warranties that we (or any correspondent bank we use) are deemed to provide to others (e.g., as a reconverting bank); (g) the check will not be presented for deposit or payment more than once; and (h) if we agree that you may process previously truncated and reconverted substitute checks through this Service, you will ensure that the identification of previous truncating and reconverting banks are preserved and that returned substitute checks meet the requirements for legal equivalency under Federal Reserve Regulation CC. ▪ You will maintain control over and responsibility for retention and destruction of original Items. In that regard, you are responsible for the safekeeping of all original Items and other sensitive information in accordance with applicable law and commercially reasonable industry standards. ▪ You will destroy or have destroyed all original Items from which you have previously created and submitted to us an Electronic Image as stated previously in this Agreement. ▪ You ...
Your Special Warranties for this Service. In addition to the General Warranties and Representations by you, you represent and warrant to us that: • You will use the Service only for Items that are payable to or endorsed or eligible for deposit by you and that are not disqualified for any other reasons, including those described previously as Exception Items. • Only original Checks U.S. Dollar checks drawn on U.S. Bank can be deposited through the Service. • You represent and warrant the following with respect to each Check that you transmit electronically to us: (a) you have the legal right to accept the Check for deposit and negotiation, regardless of the name of the payee shown on the Check; (b) the images and information that you transmit accurately represent all of the information on the front and back of the original Check, including (without limitation) all endorsements, at the time of transmission;
