Check Destruction Guidelines of this Mobile Deposit Service Sample Clauses
The 'Check Destruction Guidelines of this Mobile Deposit Service' clause outlines the procedures customers must follow for securely disposing of physical checks after they have been deposited using a mobile deposit feature. Typically, this involves retaining the original check for a specified period to ensure the deposit has cleared and then destroying it, such as by shredding, to prevent unauthorized use or duplication. This clause helps prevent fraud and ensures compliance with banking regulations by providing clear instructions on handling sensitive financial documents post-deposit.
Check Destruction Guidelines of this Mobile Deposit Service. Section of the Agreement).