Electronic Check Image definition
Electronic Check Image means a legible, true and accurate reproduction of the front and back of the check that you have scanned and transmitted to the Credit Union unaltered as part of your eDeposit remote capture deposit transaction. Your checks are analyzed for meeting specific regulatory requirements, which may not be recognizable in your scanned image. For a successful transaction, you must confirm that the following things are present: Current or recent date; written dollar amount; payable to name; signature of payer; Magnetic Ink Character Recognition (MICR) information to include the routing number, account number, and check number; and your signatory endorsement. The quality of the image plays an essential part in whether or not your Electronic Check Image will be accepted.