Common use of Cancelled Checks Clause in Contracts

Cancelled Checks. The Bank will not return the cancelled checks to the Borrower, but will retain photocopies for eight (8) years. The Borrower agrees to examine the monthly billing statement on the Line promptly in order to identify improper or unauthorized transactions. If the Borrower requests a copy of a check, the Borrower must write a letter to the Bank, including the Line number, the check number and amount, and the date that the check posted to the billing statement. The Bank may charge a fee for providing a copy of checks.

Cancelled Checks. The Bank will not return the cancelled or stolen checks to the Borrower, but will retain photocopies for eight (8) years. The Borrower Borrower, agrees to examine the monthly billing statement on the Line Account promptly in order to identify improper or unauthorized transactions. If the Borrower requests a copy of a check, the Borrower must write a letter to the Bank, including the Line numberAccount Number, the check number and amount, and the date that the check posted to the billing statementstatements. The Bank may charge a fee for providing a copy of checks.

Cancelled Checks. The Bank will not return the cancelled checks to the Borrower, but will retain photocopies for eight (8) years. The Borrower agrees to examine the monthly billing statement on the Line Account promptly in order to identify improper or unauthorized transactions. If the Borrower requests a copy of a check, the Borrower must write a letter to the Bank, including the Line number, the check number and amount, and the date that the check Account Check posted to the billing statement. The Bank may charge a fee for providing a copy of checks.