Common use of Check Cashing Clause in Contracts

Check Cashing. If a person wants to cash your check in FSB’s offices, FSB may require identification satisfactory to FSB. If the person with your check fails or refuses to satisfy FSB’s requirements, FSB may refuse to cash the check. FSB is not liable to you for refusing to cash the check. FSB may cash checks payable to any signer on your account when endorsed by any other signer. FSB may refuse to cash a check written to you for any reason. If FSB does cash such a check and it is returned to us unpaid, FSB may deduct the amount of the check from your account and may charge you a fee. If you ask FSB to cash a check or other items for you, FSB may, to the extent permitted by law, apply the proceeds of the check or other item to fees, overdrafts, and other amounts you owe FSB.

Check Cashing. If a person wants to cash your check in FSB’s officesoffices, FSB may require identification identification satisfactory to FSB. If the person with your check fails or refuses to satisfy FSB’s requirements, FSB may refuse to cash the check. FSB is not liable to you for refusing to cash the check. FSB may cash checks payable to any signer on your account when endorsed by any other signer. FSB may refuse to cash a check written to you for any reason. If FSB does cash such a check and it is returned to us unpaid, FSB may deduct the amount of the check from your account and may charge you a fee. If you ask FSB to cash a check or other items for you, FSB may, to the extent permitted by law, apply the proceeds of the check or other item to fees, overdrafts, and other amounts you owe FSB.

Check Cashing. If a person wants to cash your check in FSB’s offices's offices, FSB may require identification identification satisfactory to FSB. If the person with your check fails or refuses to satisfy FSB’s requirements, FSB may refuse to cash the check. FSB is not liable to you for refusing to cash the check. FSB may cash checks payable to any signer on your account when endorsed by any other signer. FSB may refuse to cash a check written to you for any reason. If FSB does cash such a check and it is returned to us unpaid, FSB may deduct the amount of the check from your account and may charge you a fee. If you ask FSB to cash a check or other items for you, FSB may, to the extent permitted by law, apply the proceeds of the check or other item to fees, overdrafts, and other amounts you owe FSB.