Return Disposition definition
Return Disposition means an instruction to return an item. You then review the Suspect Items via our Online Banking Services, and you communicate to us whether and which items should be paid or returned. Your Payment Default Option is used by us if we do not receive a communication from you as to a Suspect Item before the deadline. The Suspect Items are made available to you via our Online Banking Services through a Suspect List (list of Suspect Items), which is loaded each Business Day.