Mobile Remote Deposit Capture definition
Examples of Mobile Remote Deposit Capture in a sentence
The Account gives you access to the Mobile Remote Deposit Capture Service (“MRDC”).
You acknowledge and agree that no transaction made through or using the Mobile Remote Deposit Capture Service is an “electronic fund transfer” as defined by the federal Electronic Fund Transfer Act and/or Regulation E of the Consumer Financial Protection Bureau.
You agree to notify us immediately in the event you become aware of or suspect any errors in connection with your use of the Mobile Remote Deposit Capture Service.
You agree that we have the right to determine in our sole discretion the manner in which checks and images transmitted through the Mobile Remote Deposit Capture Service are cleared, presented for payment and collected.
You agree to follow any and all procedures, instructions, and guides for use of the Mobile Remote Deposit Capture Service, and to enable or disable such Wireless Device settings (including, but not limited to, GPS or geolocation settings and camera settings), as we may require or provide from time to time.
Images of checks transmitted to us through the Mobile Remote Deposit Capture Service must meet, in our sole and absolute judgment, the standards and requirements of legibility that we establish from time to time.
You agree that you will use the Mobile Remote Deposit Capture Service only to scan and transmit images of “checks”, as that term is defined in Reg CC, for a deposit to your Mobile RDC Account or to load funds to your Mobile RDC Card.
Because the Mobile Remote Deposit Capture Service could be unavailable from time to time for various reasons, you should not rely on the Service as the sole means of depositing checks to your Mobile RDC Account or loading funds to your Mobile RDC Card.
If any Service Account is enrolled for or used in connection with any remote deposit capture service we offer, other than the Mobile Remote Deposit Capture Service, we may disqualify that Service Account as a Mobile RDC Account that may be used in connection with the Mobile Remote Deposit Capture Service.
Subject to the terms and conditions of this Agreement, the Mobile Remote Deposit Capture Service allows you to make deposits to a Mobile RDC Account and/or to load funds to a Mobile RDC Card by using your Wireless Device and the functions within our Mobile Banking Service application to scan checks and to transmit the images of the checks and associated data to us.