Funds Availability May Be Delayed Clause Samples

Funds Availability May Be Delayed. The items transmitted using My Deposit and Mobile Deposit Services are not subject to the funds availability requirements of Federal Reserve Board Regulation CC. Hawaii State FCU may delay the availability of funds deposited through My Deposit or Mobile Deposit Services in its discretion. To avoid delay, you may go to any Hawaii State FCU branch to deposit the Original Check instead of using My Deposit or Mobile Deposit Services. Credit given for any item is provisional and subject to final approval of the item. You are responsible for any funds credited to your account if the Check is returned unpaid for any reason at any time, irrespective of when the funds are made available to you. Any credit to your account for Checks deposited using My Deposit or Mobile Deposit Services is provisional. If Checks deposited through My Deposit or Mobile Deposit Services are dishonored, rejected or otherwise returned unpaid by the drawee bank, or are rejected or returned by a clearing agent or collecting bank, for any reason (including, but not limited to, issues relating to the quality of the Check Image), you agree that an Original Check will not be returned to you, but that we may charge back the amount of the Check and provide you with an image of the Check, a substitute Check, or other Image Replacement Document (IRD). You will reimburse us for all loss, cost, damage or expense caused by or relating to the processing of the returned item. Without our approval, you shall not attempt to deposit or otherwise negotiate a Check if it has been charged back to you. We may debit any of your accounts to obtain payment for any item that has been rejected or returned, for any adjustment related to such item, or for any warranty claim related to such item. We may do this whether or not the rejection, return, adjustment or warranty claim was made timely. To redeposit a dishonored Check previously submitted through My Deposit or Mobile Deposit Services, please take the IRD of the Check to a Hawaii State FCU branch. Applicable fees may be assessed each time a Check is dishonored. Refer to the Hawaii State FCU Fee Schedule. You shall have no right to cancel any Check submitted via My Deposit or Mobile Deposit Services after receipt of the Check Image by Hawaii State FCU. However, Hawaii State FCU may be able act on your request to cancel the deposit, but Hawaii State FCU shall have no liability if such cancellation is not implemented or completed. You agree to indemnify, defend and...