Deposit Item definition

Deposit Item means a paper cheque (including a bank draft) that is denominated in Canada dollars and that is drawn on a financial institution branch located in Canada;

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Deposit Item has the meaning given to it in Section 13.4;

Deposit Item has the meaning given to it in Section 11.4; “Designated Account” means, for the purposes of the Request Money Service and the Autodeposit Service, the Account the Recipient registers through Interac as the account in to which funds via Interac e-Transfer will be automatically deposited without the need to log on to ATB Online Business or to answer an Interac e-Transfer Question; “Device” means a computer, laptop, mobile device, wearable device, tablet, watch or any other electronic device that supports access to the Services and that ATB Financial allows the Client to use to access the Services; “E-Statement” has the meaning given to it in Section 10.1; “Interac e-Transfer” or “Interac e-Transfer Service” means the Interac e-Transfer service that ATB Financial offers through ATB Online Business that allows the Client to either send funds from the Client’s Account to another by specifying an email address, or to receive funds from another. Interac e-Transfer is a registered trademark of Interac Inc. used under license; “Interac e-Transfer Question” means the security question and answer that is designated by the Sender of an Interac e-Transfer Transaction and is used for verification purposes in the Interac e-Transfer Service; “Interac e-Transfer Transaction” means an Interac e-Transfer transaction sent or received through the Interac e-Transfer Service; “Images” has the meaning given to it in Section 11.2; “Implementation Form” means the implementation form completed by or on behalf of the Client containing certain information and elections in relation to the Service; “Information Reporting” means transaction and balance information regarding Accounts, credit card products and loans of the Client which is presented on ATB Online Business; “Instructions” includes, and is not limited to, any instruction, order, authorization or approval; “Instructing Officer” means, in respect of any Account, a person who is authorized to give instructions in respect of such Account including any person appointed as Administrator for the Client pursuant to this Agreement or authorized as an Agent pursuant to an Agent Authorization; “Item” has the meaning given to it in Section 6.1; “Participating Financial Institution” means, for the purposes of the Interac e-Transfer Service, Request Money Service and Autodeposit Service, a financial institution that offers these Interac e-Transfer services; “Payees” has the meaning given to it in Section 5.1; “Pricing Arrangement” means o...

Examples of Deposit Item in a sentence

• You agree not to image, deposit or transmit photocopies or printouts of electronic copies of a Deposit Item.

• Bill Pay Services None Card Replacement Fee None Deposit Item Returned None ACH Transfer Fees None Overdraft Fee None Returned Item Fee (ACH, Check, Debit) None Stop Payment Fee None Incoming Domestic Wire Fees $3.00 Outgoing Domestic Wire Fees $5.00 International Incoming Wire Fees $15.00 International Outgoing Wire and/or ACH Fees When service becomes available: Sable does not charge any international outgoing wire orACH fees.

• Deposited ineligible items listed below are subject to a Return Deposit Item fee.

• You agree not to image, deposit, or transmit photocopies or printouts of electronic copies of a Deposit Item.

• Immediately after the Client deposits a Deposit Item through Remote Cheque Deposit, the Client agrees to mark the front of the Deposit Item as ‘paid’ or ‘void’ or otherwise indicate that the Deposit Item has been imaged and deposited.

• The Client agrees that ATB Financial shall not be liable under any circumstances for any Damages resulting from a Deposit Item’s poor image quality including those related to rejection of or the delayed or improper crediting of such a Deposit Item or from any inaccurate information the Client supplies regarding the Deposit Item.

• ATB Financial bears no liability whatsoever to the Client or others arising as a result of the use of the Remote Cheque Deposit including, but not limited to, any intercepted or misdirected Deposit Item or information disclosed through such errors.

• See the Fee Schedule (e.g., “Returned Deposit Item Fee,” “NSF Returned Item Fee”).

• The Client accepts this appointment and acknowledges that the Client’s role as agent for ATB Financial cannot be further delegated by the Client, even if the initial Deposit Item was reversed.

• The Client is responsible for any and all costs associated with obtaining a replacement negotiable Deposit Item in the event that ATB Financial requests the Client re-submit an Image and the original Deposit Item was destroyed or otherwise lost.

More Definitions of Deposit Item

Deposit Item means a paper cheque (including a bank draft) that is denominated in Canadian dollars and that is drawn on a financial institution branch located in Canada;