Paper Item definition

Paper Item means an Original Paper Item, as defined in Regulation CC, except that Paper Item does not include a Substitute Check or a remotely created check.

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Paper Item is an Item that is in paper form. For purposes of this Agreement, an "Item" includes a check, a substitute check, purported substitute check, draft, demand draft, preauthorized draft, image replacement document, money order, cashier’s check or traveler’s check. 2A "Business Day" is every day except Saturdays, Sundays, and federal holidays.

Paper Item is an Item that is in paper form. For purposes of this Addendum, an “Item” includes a check, a substitute check, purported substitute check, draft, demand draft, preauthorized draft, image replacement document, money order, cashier’s check or traveler’s check.

Examples of Paper Item in a sentence

• If you wish to attempt to deposit any Exception Item to your Account, you shall do so only by depositing the original Paper Item on which the Exception Item is based or as otherwise agreed between us.

• You will not deposit into your Account or otherwise negotiate any original Paper Item from which you have previously created and submitted to us an Electronic Item, unless we have notified you that the Electronic Item is an Exception Item.

• After we receive your electronic ICL Files, at our sole option, we use the file to either: (a) create substitute check(s) (“substitute checks,” “Image Replacement Documents” [“IRDs”] as defined in the Check 21 Act.), that we present to the bank on which the Paper Item is either: (i) drawn or (ii) payable at or through (each, “Paying Bank”); or (b) generate one or more electronic files (from the original ICL file) for presentment directly or indirectly to Paying Bank.

• After we receive your Electronic File, we, at our sole option, will use the Electronic File to either: (a) create substitute check(s), Image Replacement Documents (“IRDs”) that we present to the bank on which the Paper Item is either: (i) drawn or (ii) payable at or through (each, “Paying Bank”); or (b) generate one or more electronic files (from the original Electronic File) for presentment directly or indirectly to Paying Bank.

• You agree that if you wish to attempt to deposit any Exception Item to any of your accounts with us, you will only do so by depositing the original Paper Item on which the Exception Item is based.

• If you wish to attempt to deposit any Exception Item to your Account, you shall do so only by depositing the original Paper Item on which the Exception Item is based or as otherwise agreed between you and the Credit Union.

• You have possession of the original Paper Item and no party will submit the original Paper Item for payment.

• In the event that the Service is unavailable, you acknowledge that you can deposit an original Paper Item at our branches or through our ATMs or by mailing the original Paper Item to Sacramento Credit Union, ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇.

• You may not present the original Paper Item or any image or substitute check created from the original check for payment at any other financial institution.

• Each Electronic Image is a true and accurate rendition of the front and back of the original Paper Item, without any alteration, and the drawer of the Paper Item has no defense against payment of the Paper Item.

More Definitions of Paper Item

Paper Item is an Item that is in paper form. For purposes of this Addendum, an “Item” includes a check, a substitute check, purported substitute check, draft, demand draft, preauthorized draft, image replacement document, money order, cashier’s check or traveler’s check. 2 A “Business Day” is every day except Saturdays, Sundays, and federal holidays. Fidelity Deposit & Discount Bank N.A. Member FDIC. TERMS AND CONDITIONS OF THE BILL PAYMENT SERVICE SERVICE DEFINITIONS‌ "Service" or "The Service" means the bill payment service offered by Fidelity Deposit and Discount Bank, through its designated service provider.

Paper Item means an item that is in paper form. “Electronic Item” means the electronic image of each Paper Item and other information captured from the Paper Item. After we receive your transmission, we will review each Electronic Item. For each Electronic Item that we determine is eligible for processing as described below, we will:

Paper Item means an item within the meaning of Articles 3 and 4 of the Uniform Commercial Code that is in paper form and includes a check, draft (other than a demand draft) payable on demand, cashier’s check, teller check, or as provided in the paragraph below titled “Eligible Paper Item(s)”. The Mobile Deposit Service enables you to use the Amerant Mobile Application via certain supported Wireless Devices, as any such devices may be added or removed by Amerant at our sole discretion. The Mobile Deposit Service permits you to (i) create electronic images of the front and back of certain Paper Items and (ii) transmit those images and other information, including, without limitation, information captured from the magnetic ink character recognition (“MICR”) line, to us for review and processing in accordance with the Mobile Deposit Service Terms & Conditions, and applicable laws and regulations. The term “Electronic Item” used within this Agreement incorporates the definition of “electronic check” and “electronic returned check”, as those terms are defined within Federal Reserve Regulation CC (“Reg CC”) (i.e., 12 CFR 229.2 (ggg). “Electronic Item” means the electronic image of each Paper Item within the meaning of Articles 3 and 4 of the Uniform Commercial Code and other information captured from the Paper Item. After we receive your transmission, we will review each Electronic Item. For each Electronic Item that we determine is eligible for processing as described below, we will:

Paper Item means any check, substitute check, purported substitute check, draft, demand draft, preauthorized draft, image replacement document, money order, cashier’s check or traveler’s check in paper form.

Paper Item is an item that is in paper form. For purposes of this Agreement, an "Item" includes a check, a substitute check, purported substitute check, draft, demand draft, preauthorized draft, image replacement document, money order, cashier's check or traveler's check. - "Password" is the code communicated to you by Settlers bank for use during the initial sign-on, or the code you select after the initial sign-on, that establishes your connection to the Service. - "Time of day" references are to Central Standard Time or Central Daylight Time, as applicable. - "We," "us" or "Settlers bank" refer to Settlers bank, which offers the Services, and which holds the accounts accessed by the Services. - "You" or "Your" refer to the person(s) or entity subscribing hereto. You will gain access to your Online Accounts through the use of your personal computer, Wireless Device, your data provider, your user ID, and your Password. The Services may not be available on all types of devices. You agree and understand that the Services may not be accessible or may have limited utility over some networks, such as wile roaming.

Paper Item means an item that is in paper form and includes a check, draft (other than a demand draft) payable on demand, money order, cashier’s check or traveler’s check, or as provided for below in the section of this Agreement titled “Eligible Paper Item(s)”. The Check Deposit Service enables you to use the TDB Mobile Application via certain supported Wireless Devices, as any such devices may be added or removed by TDB at our sole discretion. The Check Deposit Service permits you to (i) create electronic images of the front and back of certain Paper Items and (ii) transmit those images and other information, including, without limitation, information captured from the magnetic ink character recognition (“MICR”) line, to us for review and processing in accordance with the Mobile Deposit Service Terms & Conditions, and applicable laws and regulations. The term “Electronic Item” used within this Agreement incorporates the definition of “electronic check” and “electronic returned check”, as those terms are defined within Federal Reserve Regulation CC (“Reg CC”) (i.e., 12 CFR 229.2 (ggg)). “Electronic Item” means the electronic image of each Paper Item and other information captured from the Paper Item. After we receive your transmission, we will review each Electronic Item. For each Electronic Item that we determine is eligible for processing as described below, we will: