Deposit Services Sample Clauses

Deposit Services. 14.1.1 Deposit service implies opening of a deposit account upon the client’s (hereinafter the “depositor”) application and accrual of interest on the funds standing to the credit of such deposit account. 14.1.2 The depositor is entitled to term and demand deposit as well as its modified services.

Deposit Services. We will process for deposit the Checks you submit to us, subject to our rights with respect to Rejected Checks and Ineligible Checks and your compliance with the terms of this Agreement. No deposit is complete until we have notified you of our acceptance of your Check. Receipt of this confirmation does not mean that the transmission was error free, complete, or will be considered a deposit and credited to your Account. Upon your receipt of confirmation from Synovus through the Mobile Deposits Service that we have received an image of the Check you transmitted, you agree to safeguard the originals of such imaged Checks for at least thirty (30) days and thereafter to destroy the original of the deposited Check. During the time the original Check is held by you it shall be subject to review by us at any time. After destruction of the original Check, the image will be the only evidence of the Check. You agree to cooperate with Synovus in the investigation of any unusual transactions, poor quality images, resolution of claims, including you providing, upon our request and at no cost to us, the original Check and copies of any documentation relating to your Checks and deposit transactions.

Deposit Services. This paragraph provides information about and contains the terms and conditions that apply to our Deposit Services offered through Online Services. Our Deposit Services are designed to allow you to make deposits to eligible checking, savings, or money market accounts using an approved Access Device. Your use of our Deposit Services establishes the acceptance of these terms and conditions. We reserve the right to change, modify, add, or remove portions from our remote Deposit Services. The continued use of our remote Deposit Services will confirm acceptance of any such changes. You agree to scan and deposit only checks as that term is defined in Federal Reserve Regulation CC (“Reg CC”). You agree that the image of the check transmitted to us shall be deemed an “item” within the meaning of Articles 3 and 4 of the Uniform Commercial Code, as adopted in Ohio. You agree, with respect to all items transmitted, that you will: • only transmit eligible items; • ensure images meet quality standards; • not transmit duplicate items; • not deposit in person or re-present the original item; • ensure all information you provide to us is accurate and true. You agree not to use our remote Deposit Services to scan and deposit any checks or other items itemized below, which may be considered ineligible items: • checks or items payable to any person or entity other than yourself; • checks or items containing an alteration to any of the fields on the front of the check or item, or which you know or suspect, or should know or suspect, are fraudulent or otherwise not authorized by the owner of the account on which the check or item is drawn; • checks or items previously converted to a substitute check, as defined in Reg. CC; • checks or items drawn on a Financial Institution located outside the United States; • checks or items that are remotely created checks, as defined in Reg. CC; • checks or items not payable in United States currency; • checks or items dated more than 6 months prior to the date of deposit; • checks or items that are dated after the date of deposit; • checks or items drawn or otherwise issued by the U.S. Treasury Department; • checks or items prohibited by our current procedures relating to our remote Deposit Services or which are otherwise not acceptable under the terms of the your Account; • checks payable on sight or payable through drafts, as defined in Reg. CC; • checks with any endorsement on the back other than that specified in this agreement. Image Q...

Deposit Services. CCCC Finance will provide deposit services to CCCG Group. The deposit interest rates shall be determined through negotiation on an arm’s length basis between the parties in accordance with market principles for their own interests and in compliance with interest rate requirements of the PBOC on such type of deposits. The cap and floor deposit rates shall be in accordance with requirements of the PBOC on deposits of the same term and same category and shall not be higher than the interest rates applicable to deposit services of the same term and same category provided by major domestic commercial banks.

Deposit Services. The interest rates applicable to CNAHC Group’s deposits with CNAF shall (i) be in compliance with the requirements on interest rates prescribed by PBOC for such type of deposits; and (ii) be not higher than the interest rates offered by state- owned commercial banks to the CNAHC Group for the same type of services under the same conditions. The interest rates applicable to the loan and bill discounting services provided by CNAF to the CNAHC Group shall (i) be in compliance with the requirements on interest rates prescribed by PBOC for such type of services; and (ii) be not lower than the interest rates charged by state-owned commercial banks to the CNAHC Group for the same type of services under the same conditions. The fees charged by CNAF to the CNAHC Group for providing paid services in the other financial services shall (i) be in line with the relevant rate standards (if any) prescribed by PBOC, CBIRC, CSRC, NAFMII or other regulatory authorities; and (ii) be not lower than the fees charged by state-owned commercial banks to the CNAHC Group for the same type of services under the same conditions. Currently, other financial services which are free of charge and provided by CNAF to the CNAHC Group include the settlement services and financial information services (namely, providing statistics and information in relation to different types of financing products in the market). If CNAF charges fees for the settlement services and financial information services during the term of the CNAHC Financial Services Agreement, the pricing basis set out in the above paragraph shall apply, and the relevant transaction amount will be monitored closely to ensure that the aggregate annual fees to be paid by the CNAHC Group to CNAF for other financial services will not exceed the de minimis threshold as stipulated under Rule 14A.76(1) of the Hong Kong Listing Rules. of Enterprise Groups 《( 企業集團財務公司管理辦 法》) and the relevant requirements of CBIRC. In providing comprehensive credit line services for the CNAHC Group, CNAF shall set credit lines prior to conducting specific business in accordance with the requirements of the business development procedures. CNAF shall approve each business in accordance with the established business approval authority. After the loan business is processed, the loan business shall be tracked and managed on a regular basis to ensure the recovery of funds. CNAF shall be entitled to recover the relevant loans in advance, in the event that the CNAH...

Deposit Services. As the relevant percentage ratios in respect of the provision of the Deposit Services exceed 5%, the provision of the Deposit Services is subject to the reporting, annual review, announcement and independent Shareholders’ approval requirements under Chapter 14A of the Listing Rules. Further, as the relevant percentage ratios in respect of the provision of the Deposit Services exceed 25% but are less than 100%, the provision of the Deposit Services also constitutes a major transaction for the Company under Chapter 14 of the Listing Rules and is subject to the notification, announcement and Shareholders’ approval requirements under Chapter 14 of the Listing Rules.

Deposit Services. As the highest applicable percentage ratio (as defined in Rule 14.07 of the Listing Rules) in respect of the Daily Deposit Cap to be placed by the Group with Shougang Finance Company exceeds 0.1% but is less than 5%, the provision of the Deposit Services by Shougang Finance Company to the Group under the New Financial Services Framework Agreement is subject to the reporting, announcement and annual review requirements but is exempt from the independent shareholders’ approval requirement under Chapter 14A of the Listing Rules.

Deposit Services. The internal control measures on the determination of Deposit Interest Rate for the Deposit Services are as follows: 1. Before entering into any deposit arrangements with Shougang Finance, the Group will obtain and review the deposit interest rates for the same type of deposits quoted by at least three other major domestic or overseas commercial banks. 2. The Group will enter into individual agreement(s) with Shougang Finance as and when necessary to ensure that the Deposit Interest Rate of the Deposit Services under the Financial Services Framework Agreement will be no less favourable to the Group than the highest of the deposit interest rates for the same type of deposits quoted by the other major domestic or overseas commercial banks. The internal control measures on monitoring the proposed Daily Deposit Cap in relation to the Deposit Services are as follows: 1. The finance department of the Company will monitor the aggregate amount of funds deposited into the designated accounts of the Group at Shougang Finance together with accrual interest on a daily basis to ensure that the proposed Daily Deposit Cap will not be exceeded. In addition, if the deposits of the Group placed with Shougang Finance are expected to exceed the Daily Deposit Cap, Shougang Finance shall inform the Company in a timely manner and the Group will arrange for the transferring of funds to other deposit accounts of the Group or suspend additional Deposit Services. 2. The finance department of the Company will report to the management of the Company and provide updates on the deposit arrangements with Shougang Finance on a monthly basis. 3. The independent non-executive Directors and auditor of the Company will conduct an annual review with respect to the continuing connected transactions conducted by the Group throughout the preceding financial year (including the transactions relating to the Deposit Services) and will provide annual confirmations pursuant to the requirements under the Listing Rules to ensure that the continuing connected transactions (including the transactions relating to the Deposit Services) are in accordance with the terms of the Financial Services Framework Agreement and other relevant agreements governing such transactions, on normal commercial terms, fair and reasonable, and in accordance with the pricing policies and the proposed Daily Deposit Cap. The credit risk control measures on the Deposit Services are as follows: 1. Shougang Finance, as a non-bank fin...

Deposit Services. Pursuant to the Financial Services Agreement, Founder Finance will provide RMB deposit services to the Group. The Group will open and maintain RMB deposit accounts with Founder Finance. The interest rates on the Deposit Services offered by Founder Finance to the Group will not be lower than those offered by other PRC financial institutions, subject to the standard RMB deposit rates promulgated by PBC from time to time. The Proposed Deposit Cap for the three years ending 31 December 2016 shall not exceed RMB120,000,000 on a daily basis. In the event that the Group suffers any financial loss by reason of default by Founder Finance, Founder Finance shall compensate the Group for such loss suffered by the Group in accordance with the rules and regulations of PBC.