Check Issue File definition

Check Issue File means a record in an electronic readable format provided by the Customer to Bank and describing checks drawn by the Customer; the check details contained within the Check Issue File (for example, the check number) constitute Customer’s acceptance criteria for payment of the check.

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Check Issue File means a record describing Checks drawn on Customer’s Account, provided by Customer to Bank in the format described in the Service Documentation.

Check Issue File means a file that includes information about all Checks that you

Examples of Check Issue File in a sentence

• Exception Checks presented to the Bank that do not appear on or match to the Check Issue File are identified, presented to the Customer and must be “decisioned” each day.

• Customer acknowledges the Check Issue File must be uploaded through the Online Banking System and received by 8:00 p.m. Pacific Time.

• Customer shall supply Bank with a sample Check Issue File for testing.

• In reliance on the payee information provided by Customer, Bank will compare the payee information on the Item with Customer’s Check Issue File for Items presented or deposited at Bank.

• You agree that the Bank will only be obligated to match the check number and dollar amount from the Check Issue File (defined below) and that the Bank may, at the Bank’s sole discretion, but is not obligated to, match additional data provided in the Check Issue File (“Additional Data”), including payee name.

More Definitions of Check Issue File

Check Issue File means a file that includes information about all Checks that you have issued against your Treasury Account(s).

Check Issue File means a record describing checks drawn by Customer on an Authorized Account and provided by Customer to Bank in accordance with Section 2.2.

Check Issue File means each electronic record or file of Presentment Data transmitted to us, and “Check Issue Data” means the cumulative record of all such Check Issue Files received and maintained by us. You remain responsible for maintaining your own records of Check Issue Files and Check Issue Data for your accounting, record keeping, and internal control purposes. “Presentment Data” means the following information for each Check drawn on the Designated Account: (i) Check number, (ii) dollar amount, and (iii) certain other information but only if selected by you in accordance with the Service Documentation (e.g., the payee on a Check if you have subscribed for Payee Positive Pay Service). We will send you a confirmation report shortly after our successful receipt of each Check Issue File, typically within one hour. The confirmation report will include the total number of records and total dollar value of the file received. You are responsible for validating that Check Issue Files were properly received by us. We will not contact you in the event of a file delivery failure.

Check Issue File means a communication from Customer received by Prosperity containing at a minimum the Check Data for each Check and such other information as may be required by Prosperity for performance of the Services.

Check Issue File means the file of Checks submitted by Company through Positive Pay or Check Payee Positive Pay for processing.

Check Issue File means the file you send to us identifying the authorized checks you have written on a Designated Account.

Check Issue File means the file containing each Check you have issued since the previous Check Issue File was uploaded through the Business Online Banking system. The file will contain check number, amount and the date it was issued, as well as the number of the account against which it was drawn.