Electronic Deposit definition

Electronic Deposit means the package of information (including the Check Image, dollar amount information, deposit account information, etc.) that is transmitted to the Bank allowing for the deposit, processing, and collection of the item.
Electronic Deposit means electronic information (including Check Images, Check Image Metadata, MICR Data, or dollar amount information), obtained from capturing information from an original paper check, that is transmitted to us for deposit, processing and collection.
Electronic Deposit. A file that contains information regarding each Sufficient Image Copy to be transmitted by Business Entity to Extraco in the same batch as the Electronic Deposit and that meets all of the requirements imposed from time to time by Extraco.

Examples of Electronic Deposit in a sentence

  • You can also use the FDIC’s Electronic Deposit Insurance Estimator (XXXX) at xxx.xxxx.xxx/xxxx.

  • To assist you with calculating your aggregated deposits and the associated coverage, the FDIC has an Electronic Deposit Insurance Estimator available at xxx.xxxx.xxx/xxxx.

  • Contributions required by this Section shall be paid to the Partnership on the pay dates(s) determined by the parties following the State’s selection of a payroll vendor in accordance with Article 12, Payroll, Electronic Deposit, and Tax Withholding, but in any case no later than the twenty-fifth (25th) day of the month following the month for which service hours are paid.

  • The Bank may, in its sole discretion, reject, repair, alter, amend, re-format or convert the Check Image or MICR Data submitted in an Electronic Deposit in accordance with general check collection practices and industry presentment standards, but the Bank has no obligation to do so.

  • If only a portion of that Electronic Deposit transmission is received by Bank for any reason, including and without limitation, a failure during the transmission to Bank, the Electronic Deposit transmission is deemed to have been not received by Bank.


More Definitions of Electronic Deposit

Electronic Deposit means a paper check (including any Check Images, Check Image Metadata, MICR Data, or dollar amount information on it) that is electronically captured and transmitted to Citizens Bank to deposit, process, and collect.
Electronic Deposit means a file that contains information regarding each Sufficient Image Copy to be transmitted by Customer to Bank in the same batch as the Electronic Deposit and that meets all of the requirements imposed from time to time by Bank in the Procedures.
Electronic Deposit is an electronic funds transfer via ACH of the sum amount of the converted paper check payments received via the FINSYNC Lockbox.
Electronic Deposit means a file that contains information regarding each Electronic Images to be submitted by you to the Bank that meets all of the requirements imposed from time to time by the Bank as set forth in this Agreement
Electronic Deposit means a file that contains information regarding each Electronic image to be submitted by you to the Credit Union that meets all the requirements imposed from time to time by the credit union set forth in this Agreement.
Electronic Deposit means a file that contains information regarding each Electronic Check(s) to be submitted by me to Bank that meets all of the requirements imposed from time to time by Bank as set forth in this Agreement and the Documentation.
Electronic Deposit means electronic information (including Check Images, Check Image Metadata, MICR Data, or dollar amount information),