Check Safekeeping definition

Check Safekeeping or “Check Truncation” means Bank will not return canceled checks in the Account statement.

Examples of Check Safekeeping in a sentence

  • Check Safekeeping is automatic on Your Account and Your cancelled checks will not be returned to You.

  • You may choose either for the Bank to retain checks (Check Safekeeping) or to receive check copies (images) with each periodic statement; neither option includes an additional monthly fee.

  • After transmitting the Electronic Item to us, you will retain the original paper items as discussed in the Check Safekeeping, Record Retention and Destruction section of this document.

  • Check Safekeeping is automatic on Your Account and Your cancelled Checks will not be returned to You.

  • Check Safekeeping is automatic on Your Account and, unless You specifically request otherwise and agree to pay any associated fees, Your cancelled Checks will not be returned to You.

  • With Check Safekeeping, your canceled Checks will not be returned to you with your statement, and the front and back of all Checks processed against your Account will be imaged and retained by us for seven (7) years.

  • CHECK SAFEKEEPING - Check Safekeeping is automatic on Your Account and, Your cancelled checks will not be returned to You.

  • Check Safekeeping and Check Image Service We do not return your physical paid checks in your statements.

  • Check Safekeeping, Retention and Destruction • Check storage and the destruction of items processed through Mobile Capture is your responsibility because the paper checks are never physically deposited with the Bank.

  • Check Safekeeping means we keep Check images that are viewable via online and mobile banking, included in certain checking Account statements and available upon request.