Common use of Check Cashing for Others Clause in Contracts

Check Cashing for Others. You should not use your account to cash checks for others who are not well known to you. Although we may make funds provisionally available to you and may take steps to determine whether a check will be paid, you are responsible for any loss that occurs if the check is returned to us for any reason (e.g., because it is counterfeit).

Appears in 3 contracts

Sources: Commercial Account Agreement, Consumer Account Agreement, Consumer Account Agreement