Check Deposit Limits definition

Check Deposit Limits. Without prior approval, MCB Mobile Deposits are limited to 5 items and/or $5,000 per day. Each check deposited is considered a separate deposit. Daily provisional increases may be granted up to a certain limit as needed, with Bank Officer approval. Any permanent increases in limits require an amendment agreement to be completed and signed by the customer and a Mound City Bank Officer.
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Examples of Check Deposit Limits in a sentence

  • Remote Check Deposit Limits We may limit the dollar amount, and frequency of remote check deposits to your Account (by, for example, limiting the dollar amount of remote check deposits on any Business Day or during a specified time period), in our discretion from time to time and without prior notice (unless applicable law requires prior notice).

  • A ccount Owner Eligibility and Check Deposit Limits In order to enroll in the check deposit services, you must be an authorized signer or an owner either individually or jointly of a Cornerstone Bank’s deposit account that is eligible for this service and be approved by the us.

  • Remote Check Deposit Limits We may limit the total number, dollar amount, and frequency of remote check deposits to your Account (by, for example, limiting the total number and/or dollar amount of remote check deposits on any Business Day or during a specified time period), in our discretion from time to time and without prior notice (unless applicable law requires prior notice).