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.
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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 (▇▇▇) ▇▇▇-▇▇▇▇ if you learn of any loss or theft of original checks.
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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.
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Examples of Electronically Presented in a sentence

  • 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.

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

  • You shall ▇▇▇▇, 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 us that we have received the image of an item, you agree to prominently ▇▇▇▇ the item as "Electronically Presented" or "Void" to ensure that it is not re- presented for payment.

  • Upon your receipt of a confirmation from FSB that we have received the image of an item, you agree to prominently ▇▇▇▇ the item as "Electronically Presented" or "VOID." You agree to securely retain and store the transmitted item for a period of 30 days from the date of transmission, and then destroy the item in a secure manner at the end of this 30-day period.

  • You shall ▇▇▇▇, stamp, or write on the original check "Electronically Presented" after scanning and depositing the check through this Service.

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

  • Upon your receipt of a confirmation from us that we have received the digital check image, you agree to prominently mark the item as "Electronically Presented" or "VOID" and to promptly and properly dispose of the item in a manner that renders it unreadable; to ensure that it is not represented for payment.

  • Upon your receipt of a confirmation from The Farmers National Bank of Emlenton 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.

  • Upon your receipt of a confirmation from SNB that we have received an image that you have transmitted, and it was accepted, 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 means any information submitted by email or uploading on the designated portal or digital payment in any mode for the purpose of Code;

  • Electronically transmitted or “electronic transmission” means a communication sent or

  • Delivered electronically means delivered to the purchaser by means other than tangible storage media.

  • Electronically Stored Information means any system backup tapes, any electronic mail (whether on an exchange or other similar system), any data on personal computers and any data on server hard drives.

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