Electronic Deposit definition

Electronic Deposit means a file that contains information regarding each Electronic Image(s) to be submitted by you to Bank that meets all of the requirements imposed from time to time by Bank as set forth in this Agreement and the Documentation.
Electronic Deposit. A file that contains information regarding each Sufficient Image Copy to be transmitted by Business Entity to Extraco in the same batch as the Electronic Deposit and that meets all of the requirements imposed from time to time by Extraco.
Electronic Deposit means electronic information (including Check Images, Check Image Metadata, MICR Data, or dollar amount information), obtained from capturing information from an original paper check, that is transmitted to us for deposit, processing and collection.

Examples of Electronic Deposit in a sentence

  • You can also use the FDIC’s Electronic Deposit Insurance Estimator (XXXX) at xxx.xxxx.xxx/xxxx.

  • To assist you with calculating your aggregated deposits and the associated coverage, the FDIC has an Electronic Deposit Insurance Estimator available at xxx.xxxx.xxx/xxxx.

  • If only a portion of that Electronic Deposit transmission is received by Bank for any reason, including and without limitation, a failure during the transmission to Bank, the Electronic Deposit transmission is deemed to have been not received by Bank.

  • Bank reserves the right to reject any deposit (as an Electronic Deposit or otherwise) for any reason.

  • Bank shall have no liability to Company or any other person in the event that Company’s Electronic Deposit is processed as, or converted by Bank to, a Check Image or Substitute Check.


More Definitions of Electronic Deposit

Electronic Deposit means a paper check (including any Check Images, Check Image Metadata, MICR Data, or dollar amount information on it) that is electronically captured and transmitted to Citizens Bank to deposit, process, and collect.
Electronic Deposit is an electronic funds transfer via ACH of the sum amount of the converted paper check payments received via the FINSYNC Lockbox.
Electronic Deposit is a file that contains information regarding each electronic image that is submitted by you to the Credit Union that meets all the requirements imposed from time to time by the Credit Union set forth in this Agreement.
Electronic Deposit means electronic information (including Check Images, Check Image Metadata, MICR Data, or dollar amount information),
Electronic Deposit means a file that contains information regarding each Electronic image to be submitted by you to the Credit Union that meets all the requirements imposed from time to time by the credit union set forth in this Agreement.
Electronic Deposit means a file that contains information regarding each Sufficient Image Copy to be transmitted by Customer to Bank in the same batch as the Electronic Deposit and that meets all of the requirements imposed from time to time by Bank in these Terms and Conditions.
Electronic Deposit means a file that contains information regarding each Electronic Images to be submitted by you to the Bank that meets all of the requirements imposed from time to time by the Bank as set forth in this Agreement