Mobile Deposit definition

Mobile Deposit refers to a method for capturing the image of a check or other eligible item and depositing it to your enrolled Account via an approved access device, such as a smart phone, using software provided by us or by an authorized agent of ours, subject to certain requirements which may be imposed by us from time to time. Mobile Deposit is an optional feature, but, if implemented by you, it is considered part of the Service.
Mobile Deposit means the remote deposit capture service that allows you to deposit Items electronically using your supported Mobile Device.
Mobile Deposit. You can make deposits of checks ("original checks") to your Bank Accounts from home or other remote locations.

Examples of Mobile Deposit in a sentence

  • Any credit to your account for checks deposited using Mobile Deposit is provisional.

  • All images processed for deposit through Mobile Deposit will be treated as “deposits” under your current Account Agreement with us and will be subject to all terms of the Account Agreement.

  • In the event that Mobile Deposit is unavailable and the image has not been sent, you may deposit original checks at one of our offices or through our ATMs or by mailing the original check along with deposit instructions to: Mechanics Bank, P.O. Box 2200, Corona, CA 92878.

  • You will use Mobile Deposit for lawful purposes and in compliance with all applicable laws, rules and regulations.

  • This Section 13 shall survive the termination of the Mobile Deposit Service.


More Definitions of Mobile Deposit

Mobile Deposit means the mobile banking service that enables select Customers to deposit checks to a selected deposit account in Online Banking using the Bank’s application on their Mobile Devices. The Mobile Deposit service is also referred to herein as “MDS.”
Mobile Deposit means a deposit made using CNB Mobile Application.
Mobile Deposit means the service that allows you to make check deposits to your Sno Falls Credit Union savings (share), checking (share draft), accounts from remote locations by scanning both sides of checks and delivering the check images and associated deposit information to Sno Falls Credit Union or Sno Falls Credit Union's designated third party service provider.
Mobile Deposit refers to your deposit of Eligible Items to the account by endorsing the paper originals (must be endorsed “For SMCU Mobile Deposit Only” with your signature), taking a photo of the front and back of the check and sending the accurate and legible images to us with any deposit instructions via a qualifying mobile device rather than by providing us with the paper originals. Other terms have the meanings provided in the applicable Uniform Commercial Code or the Federal Reserve Board’s Regulation CC. Eligible Checks/Items You agree to photograph and deposit only checks as that term is defined in the Federal Reserve Board’s Regulation CC. You agree that the image of the check that is transmitted to us will be deemed an “item” as that term is defined in Article 4 of the Uniform Commercial Code as adopted in Massachusetts. You also acknowledge and agree that deposits you make using the Mobile Deposit Service are not “Electronic Funds Transfers” as that term is defined by the Federal Reserve Board’s Regulation E. You agree that you will not use the Services to photograph and deposit any prohibited checks or items, including but not limited to these prohibited items listed: Prohibited Checks or Items:
Mobile Deposit means the service provided to you by the Credit Union to make deposits to an Account by capturing an electronic image of a Check, along with associated deposit information, and delivering it to us via any Capture Device. “Capture Device” means any device acceptable to us that provides for the capture of Images of Checks for transmission to us. “Check” means a check (share draft), draft, substitute check or other negotiable instrument, as defined in Federal Reserve Regulation CC (“Reg. CC”), the electronic image of which is considered an item within the meaning of Article 4 of the Uniform Commercial Code as adopted by the State of Oklahoma, and an electronic item under Federal Reserve Regulation J and Federal Reserve Bank operating circulars. “Image” means the electronic image of the front and back of the Check, in addition to other information required by us for processing or according to applicable law; as such, an imaged Check is not subject to Reg. CC and our Deposit Availability Policy. Mobile Deposit: Mobile Deposit is an optional feature that allows you to use your Capture Device to make deposits to an Account by capturing an Image of a Check and transmitting it to us. You must be enrolled in Online Banking and download our Mobile Deposit application to access Mobile Deposit. We are responsible only for exercising ordinary care in accepting deposits made by you through Mobile Deposit. We are not liable for any damages, losses, or fees you incur (a) if you or we are experiencing technical or other difficulties with Mobile Deposit; (b) if you do not utilize the appropriate hardware or software components to access Mobile Deposit; (c) if you attempt to deposit ineligible, illegible, illegal, unendorsed or improperly endorsed Checks; (d) if we choose not to accept a Check for deposit; (e) if we limit the deposit amounts or the number of deposits that may be made; (f) for any delays in the acceptance process; or (g) for any other circumstance beyond our control. Nothing in this Agreement shall be construed as requiring us to accept any Check for deposit, even if we have accepted that type of Check previously. You agree that, when you use Mobile Deposit, you remain subject to the terms and conditions of this Agreement in addition to the terms and conditions in our other agreements with you and with any unaffiliated service providers, including, but not limited to, your Internet service provider, mobile service provider, or third-party software provider and...
Mobile Deposit and “Service” refer to the Remote Deposit Capture service that allows customers to deposit qualified checks electronically at Citizens Bank.
Mobile Deposit. The cut-off time for Mobile Deposit is 7:00 p.m. Central Time. • Digital/Electronic Deposits (ex. ACH, Direct Deposits, BMO Digital Banking Transfers, or Zelle): The cut-off time for digital and electronic deposits is 9:00 p.m. Central Time.