Common use of Certain Checks Not Permitted Clause in Contracts

Certain Checks Not Permitted. You agree to use the Mobile Deposit Service only to deposit original paper Checks that are payable as provided above. You may not use the Service to deposit: • Checks payable to others (even if endorsed over to you); • Demand drafts; • Substitute checks (i.e., paper checks created from an electronic image); • Checks that are irregular in any way (e.g., where the numerical and written (legal) amounts are different); • Checks that have previously been returned unpaid for any reason; • Checks drawn on a foreign bank or payable in a foreign currency; • Registered government warrants; • Travelers Checks, Money Orders or Postal Orders; • Checks suspected to be fraudulent or not properly authorized; or • Checks that exceed the maximum daily aggregate limit set forth below. Our processing of any of the Checks described above shall not obligate us to continue that practice, and we may stop doing so without cause or prior notice. We reserve the right to modify the types of checks acceptable for this Service at any time without prior notice. We may refuse any Check for deposit, with or without cause, or may elect to take a Check on a collection basis only. If we accept a Check for collection, we will send it to the institution upon which it is drawn, but will not credit your account for the amount until we receive the funds from the other institution. If we elect to credit your account before then, we may charge the amount back against your account if we do not receive payment for any reason. We may also change the amount of your deposit to the legal amount of the Check. Please see your account agreement for other terms related to deposits.