Electronically Presented definition

Electronically Presented or “VOID” to ensure that it is not represented for payment again. You agree to securely store each original check that you deposit using the Services for a reasonable period of time in order to verify settlement and credit or to balance periodic statements, but in no case beyond ninety (90) days after transmission to us, and shall properly destroy and dispose of such original checks after such time. During the retention period, you understand and agree that you must use a high degree of care to protect these original checks against security risks. These risks include, without limitation, theft or reproduction of the original checks for purposes of presentment for deposit of these original checks (i.e., after the original checks have already been presented for deposit via the Services) and unauthorized use of information derived from the original checks. You understand and agree that you are responsible for any loss caused by your failure to secure the original checks. You agree never to represent the check. When you destroy and dispose of the original checks pursuant to the requirements of this Agreement, you understand and agree that you must use a high degree of care when selecting and implementing destruction and disposal procedures. Among other things, these procedures must be designed to ensure that the original checks are not accessed by unauthorized persons during the destruction and disposal process and, once destroyed; the original checks are no longer readable or capable of being reconstructed.
Sample 1
Electronically Presented or “VOID” and to properly dispose of the item after 60days to ensure that it is not represented for payment. And, you agree never to represent the item. You will promptly provide any retained item, or a sufficient copy of the front and back of the item, to CPFCU as requested to aid in the clearing and collection process, to resolve claims by third parties with respect to any item, or for CPFCU’s audit purposes. Rev. (1/2020)
Sample 1
Electronically Presented or “VOID”, securely store the original item and to properly dispose of the item (shred/incinerate) after 60 days after deposit to ensure that it is not represented for payment. You further agree never to represent the item. Upon our request, you will deliver to us within 5 days, at your expense, the requested original check in your possession to aid in the clearing and collection process, to resolve claims by third parties with respect to any item, or for the Bank’s audit purposes. If not provided in a timely manner, such amount will be reversed from your account. You further agree to notify the Bank immediately at (000) 000-0000 if you learn of any loss or theft of original checks.
Sample 1

Examples of Electronically Presented in a sentence

  • Customer shall mark, stamp, or write on the original check "Electronically Presented" after scanning the check in accordance with this Section 13.

  • You shall xxxx, stamp, or write on the original check "Electronically Presented" after scanning the check in accordance with Section 6 of this Agreement.

  • Upon your receipt of a confirmation from FTCU that we have received the image of an item, you agree to prominently mark the item as "Electronically Presented" or "VOID", retain for 90 days and to properly dispose of the item to ensure that it is not represented for payment.

  • You shall xxxx, stamp, or write on the original check "Electronically Presented" after scanning the check in accordance with this Agreement.

  • After 60 days, you agree to destroy the check that you transmitted as an image, prominently mark the item as "Electronically Presented" or "VOID", or otherwise render it incapable of representment.

  • Upon your receipt of a confirmation from us that we have received the image of an item, you agree to prominently xxxx the item as "Electronically Presented" or "Void" to ensure that it is not re- presented for payment.

  • Moreover, it is noteworthy to mention that in the majority of cases the induction was self- organized by intern groups, rather than provided by the hosting institution.

  • Upon your receipt of a confirmation from Shelby County State Bank that we have received an image that you have transmitted, you agree to prominently xxxx the item as "Electronically Presented", "VOID", or otherwise render it incapable of further transmission, deposit, or presentment.

  • Upon your receipt of a confirmation from your credit union that we have received the image of an item, you agree to prominently mark the item as "Electronically Presented" or "VOID" and to properly dispose of the item to ensure that it is not represented for payment.

  • Upon your receipt of a confirmation from The Financial Institution that we have received an image that you have transmitted, you agree to prominently mark the item as "Electronically Presented", "VOID", or otherwise render it incapable of further transmission, deposit, or presentment.

Related to Electronically Presented

  • electronically signed contract means a contract that is executed by applying an electronic signature using technology approved by the Parties. //Signatures on following page

  • Electronic Delivery is defined in Section 7.1(a).

  • Message means Data structured in accordance with the Adopted Protocol and transmitted electronically between the parties including where the context admits any part of such Data.

  • Electronic means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities.

  • Electronic ballot means a ballot that is recorded using a direct electronic voting

  • Electronic Record and “Electronic Signature” shall have the meanings assigned to them, respectively, by 15 USC §7006, as it may be amended from time to time.

  • Facsimile (FAX) prescription means a written prescription or order that is transmitted by an electronic device over telephone lines that sends the exact image to the receiving pharmacy in hard copy form.

  • electronic meeting means a general meeting held and conducted wholly and exclusively by virtual attendance and participation by shareholders and/or proxies by means of electronic facilities;