Deposit Acceptance. You agree that the Credit Union may at any time, in its sole discretion, refuse to accept deposits of items from you via eDeposits. The Credit Union shall have no obligation to accept a deposit for reasons including, but not limited to: • The Credit Union receives actual notice or has reason to believe that you have filed or commenced a petition or proceeding for relief under any bankruptcy or similar law; • The ownership of funds involving a deposit or your authority to transmit a deposit is in question; • The Credit Union suspects a breach of any security procedure; • The Credit Union suspects that your account has been used for illegal or fraudulent purposes; or • The Credit Union reasonably believes that a deposit is prohibited by federal law or regulation, including exceeding any limitation imposed on the Credit Union by any governmental or regulatory body, or otherwise so provided in herein. In the event that eDeposits capture services are interrupted or are otherwise unavailable, you may, at your option, deposit items in-person at a Credit Union branch or via mail or other contractually acceptable method.
Appears in 2 contracts
Sources: Ebanking Disclosure and Agreement, Ebanking Disclosure and Agreement