Image Files. An Image File will not be deemed to be received by our processing center until it has been entered into our system and validated by us. It is understood that the Image Deposits transmitted to us in the form of Image Files are “items” as such term is defined in Article 4 of the UCC. Checks converted to ACH entries may not be included in an Image File unless we expressly permit them to be in writing. If we do permit ACH entries to be included in Image Files, you must comply with such operating standards as we may issue pursuant to Section 10, below, to govern the transmission of ACH entries. We’re here to help.
Appears in 2 contracts
Sources: Treasury Services Master Agreement, Treasury Services Master Agreement
Image Files. An Image File will not be deemed to be received by our processing center until it has been entered into our system and validated by us. It is understood that the Image Deposits transmitted to us in the form of Image Files are “items” as such term is defined in Article 4 of the UCC. Checks converted to ACH entries may not be included in an Image File unless we expressly permit them to be in writing. If we do permit ACH entries to be included in Image Files, you must comply with such operating standards as we may issue pursuant to Section 10, below, to govern the transmission of ACH entries. We’re here to help.
Appears in 1 contract
Sources: Service Description