IRD Processing Sample Clauses

IRD Processing. Items may be transmitted for electronic processing by other banks or converted to IRDs and transmitted to a printing facility for printing and clearing through traditional paper processing channels, at Bank’s sole discretion. The IRDs will be created in accordance with Check 21; alternatively, Bank may process Items as photocopies in lieu of originals, under guidelines established between Bank and Depositor and applicable industry standards. Items that fail to satisfy the warranties made to Bank by Depositor, that fail to meet the requirements of Bank or Check 21, or that are otherwise not able to be processed may be charged back to Depositor’s account and/or returned to Depositor. Depositor agrees to be bound by any applicable laws, rules and regulations to which Bank is a party.
AutoNDA by SimpleDocs
IRD Processing. Depositor authorizes NCFCU to convert Items to IRDs or transmit Items as an image and further authorizes NCFCU or any other financial institution to which an item is sent for process. Items may be transmitted to a printing facility for printing and clearing through traditional paper processing channels, at NCFCU’s sole discretion. The IRDs will be created in accordance with Check 21; alternatively, NCFCU may process Items as photocopies in lieu of originals, under guidelines established between NCFCU and Depositor and applicable industry standards. Items that fail to satisfy the warranties made to NCFCU by Depositor, that fail to meet the requirements of NCFCU or Check 21, or that are otherwise not able to be processed may be charged back to Deposit’s account and/or returned to Depositor. Depositor agrees to be bound by any applicable laws, rules and regulations to which NCFCU is a party.
IRD Processing. Depositor authorizes The West Tennessee Credit Union to convert Items to IRDs or transmit Items as an image and further authorizes The West Tennessee Credit Union or any other bank to which an item is sent for process. Items may be transmitted to a printing facility for printing and clearing through traditional paper processing channels, at The West Tennessee Credit Union’s sole discretion. The IRDs will be created in accordance with Check 21; alternatively, The West Tennessee Credit Union may process Items as photocopies in lieu of originals, under guidelines established between The West Tennessee Credit Union and Depositor and applicable industry standards. Items that fail to satisfy the warranties made to The West Tennessee Credit Union by Depositor, that fail to meet the requirements of The West Tennessee Credit Union or Check 21, or that are otherwise not able to be processed may be charged back to Deposit’s account and/or returned to Depositor. Depositor agrees to be bound by any applicable laws, rules and regulations to which The West Tennessee Credit Union is a party.
IRD Processing. Depositor authorizes GHPFCU to convert Items to IRDs or transmit Items as an image and further authorizes GHPFCU or any other bank to which an item is sent for process. Items may be transmitted to a printing facility for printing and clearing through traditional paper processing channels, at GHPFCU’s sole discretion. The IRDs will be created in accordance with Check 21; alternatively, GHPFCU may process Items as photocopies in lieu of originals, under guidelines established between GHPFCU and Depositor and applicable industry standards. Items that fail to satisfy the warranties made to GHPFCU by Depositor, that fail to meet the requirements of GHPFCU or Check 21, or that are otherwise not able to be processed may be charged back to Deposit’s account and/or returned to Depositor. Depositor agrees to be bound by any applicable laws, rules and regulations to which GHPFCU is a party.
IRD Processing. Items may be transmitted for electronic processing by other financial institutions or converted to IRDs and transmitted to a printing facility for printing and clearing through traditional paper processing channels, at WFFCU's sole discretion. The IRDs will be created in accordance with Check 21; alternatively, WFFCU may process Items as photocopies in lieu of originals, under guidelines established between WFFCU and Member and applicable industry standards. Items that fail to satisfy the warranties made to WFFCU by Member, that fail to meet the requirements of WFFCU or Check 21, or that are otherwise not able to be processed may be charged back to Member's account(s) or returned to Member. Member agrees to be bound by any clearinghouse agreements, operating circular and image exchange agreements to which WFFCU is a party. In no event shall WFFCU may liable for any interest on an Item that is rejected.
IRD Processing. Depositor authorizes RWFCU to convert Items to IRDs or transmit Items as an image and further authorizes RWFCU or any other bank to which an item is sent for process. Items may be transmitted to a printing facility for printing and clearing through traditional paper processing channels, at RWFCU’s sole discretion. The IRDs will be created in accordance with Check 21; alternatively, RWFCU may process Items as photocopies in lieu of originals, under this Agreement and applicable industry standards. Items that fail to satisfy the warranties made to RWFCU by Depositor, that fail to meet the requirements of RWFCU or Check 21, or that are otherwise not able to be processed may be charged back to Depositor’s account and/or returned to Depositor. Depositor agrees to be bound by any applicable laws, rules and regulations to which RWFCU is a party.
IRD Processing. Depositor authorizes Centric Federal Credit Union to convert Items to IRDs or transmit Items as an image and further authorizes Centric Federal Credit Union or any other bank to which an item is sent for process. Items may be transmitted to a printing facility for printing and clearing through traditional paper processing channels, at Centric Federal Credit Union’s sole discretion. The IRDs will be created in accordance with Check 21; alternatively, Centric Federal Credit Union may process Items as photocopies in lieu of originals, under guidelines established between Centric Federal Credit Union and Depositor and applicable industry standards. Items that fail to satisfy the warranties made to Centric Federal Credit Union by Depositor, that fail to meet the requirements of Centric Federal Credit Union or Check 21, or that are otherwise not able to be processed may be charged back to Deposit’s account and/or returned to Depositor. Depositor agrees to be bound by any applicable laws, rules and regulations to which Centric Federal Credit Union is a party.
AutoNDA by SimpleDocs
IRD Processing. Depositor authorizes Alabama Rural Electric Credit Union to convert Items to IRDs or transmit as an image and further authorizes Alabama Rural Electric Credit Union or any other facility to which an item is sent for process. Items may be transmitted to a printing facility for printing and clearing through traditional paper processing channels, at Alabama Rural Electric Credit Union’s sole discretion. The IRDs will be created in accordance with Check 21; alternatively, Alabama Rural Electric Credit Union may process Items as photocopies in lieu of originals, under guidelines established between Alabama Rural Electric Credit Union and Depositor and applicable industry standards. Items that fail to satisfy the warranties made to Alabama Rural Electric Credit Union by Depositor, that fail to meet the requirements of Alabama Rural Electric Credit Union or Check 21, or that are otherwise not able to be processed may be charged back to Deposit’s account and/or returned to Depositor. Depositor agrees to be bound by any applicable laws, rules and regulations to which Alabama Rural Electric Credit Union is a party.
IRD Processing. Depositor authorizes Cincinnati Federal to convert Items to IRDs or transmit as an image and further authorizes Cincinnati Federal or any other bank to which an item is sent for process. Items may be transmitted to a printing facility for printing and clearing through traditional paper processing channels, at Cincinnati Federal’s sole discretion. The IRDs will be created in accordance with Check 21; alternatively, Cincinnati Federal may process Items as photocopies in lieu of originals, under guidelines established between Cincinnati Federal and Depositor and applicable industry standards. Items that fail to satisfy the warranties made to Cincinnati Federal by Depositor, that fail to meet the requirements of Cincinnati Federal or Check 21, or that are otherwise not able to be processed may be charged back to Deposit’s account and/or returned to Depositor. Depositor agrees to be bound by any applicable laws, rules and regulations to which Cincinnati Federal is a party. 5.2.
IRD Processing. Depositor authorizes The State Bank to convert Items to IRDs or transmit as an image and further authorizes The State Bank or any other bank to which an item is sent for process. Items may be transmitted to a printing facility for printing and clearing through traditional paper processing channels, at The State Bank’s sole discretion. The IRDs will be created in accordance with Check 21; alternatively, The State Bank may process Items as photocopies in lieu of originals, under guidelines established between The State Bank and Depositor and applicable industry standards. Items that fail to satisfy the warranties made to The State Bank by Depositor, that fail to meet the requirements of The State Bank or Check 21, or that are otherwise not able to be processed may be charged back to Deposit account and/or returned to Depositor. Depositor agrees to be bound by any applicable laws, rules and regulations to which The State Bank is a party.
Time is Money Join Law Insider Premium to draft better contracts faster.