Items Returned Unpaid Clause Samples
The 'Items Returned Unpaid' clause defines the procedures and consequences when a payment instrument, such as a check or electronic transfer, is not honored by the payer's financial institution. Typically, this clause outlines the responsibilities of the party whose payment was returned, including the obligation to promptly replace the unpaid amount and possibly pay additional fees or penalties. Its core practical function is to ensure that the receiving party is protected from losses or delays caused by failed payments, thereby maintaining the integrity and reliability of financial transactions under the agreement.
Items Returned Unpaid. A written or email notice will be sent to you for any transactions we are unable to process or any item that is returned by the paying bank (dishonored). With respect to any item that you transmit to us for remote deposit that we credit to your Account, in the event such item is dishonored, you authorize us to debit the amount of such item and any associated fees from the Account.
Items Returned Unpaid. A written notice will be sent to me of transactions you are unable to process because of returned items. With respect to any item that I transmit to you for remote deposit that you credit to my Account, in the event such item is dishonored, I authorize you to debit the amount of such item from the Account. Email Address. I agree to notify you immediately if I change my email address, as this is the email address where you will send me notification of receipt of remote deposit items.
Items Returned Unpaid. A notice will be sent to you if an item that you deposited is returned to us in the manner set forth in the Prior EFT Disclosures and Deposit Account Agreement and Disclosures. We may provide additional notice at your e-mail address on file with us. With respect to any item that you transmit to us for remote deposit that we credit to your account, in the event such item is dishonored, you authorize us to debit the amount of such item from your account. You agree to comply with any additional instructions we may provide to you in connection with returned checks.
Items Returned Unpaid. In the event any item you transmit to NDCCU for remote deposit is dishonored, you authorize the Credit Union to debit the amount of such item from your account plus any fees associated with the returned check. See NDCCU’s Fee Schedule.
Items Returned Unpaid. A notice will be sent to you of transactions we are unable to process because of returned Items. With respect to any Item that you transmit to us for Mobile Deposit that we credit to your Account, in the event such Item is dishonored, you authorize us to debit the amount of such Item along with any applicable fees from your account.
Items Returned Unpaid. A notice will be sent to you of transactions we are unable to process because of returned items. With respect to any item that is transmitted to you for remote deposit that is credited to my Account, in the event such item is dishonored, you authorize us to debit the amount of such item from the Account, including any applicable fees. Check images that are returned for image quality adjustments will have to be submitted in paper to LSB upon receipt of notice of such, to be physically reprocessed; they may not be re-scanned.
Items Returned Unpaid. With respect to any item that you transmit to the credit union for remote deposit that we credit to your Account, in the event such item is dishonored, you authorize us to debit the amount of such item from the Account.
Items Returned Unpaid. A written notice will be sent to you of transactions we are unable to process because of returned items. Any item that you transmit to us for remote deposit that we credit to your account that is not honored, you authorize us to debit the amount of such item from your account, including any applicable fees. OCCU will send you an image of the original check or a substitute check for the returned item. Please refer to the current Rate and Fee Schedule as posted on the OCCU website for related fees.
Items Returned Unpaid. In the event that an item that you transmit to us for remote deposit for credit to your Account is dishonored, rejected, or returned for any reason, you authorize us to debit the amount of such item from your Account, or offset the amount from any of your other accounts, and access appropriate fees per the Schedule of Fees. You also understand that in the event we cannot offset the amount of the dishonored item, you will be liable to us for the amount of the dishonored item and you will be responsible for our collection costs in connection with our efforts to collect the balance due from you, including but not limited to, our reasonable attorney fees. You understand that returned deposit activity may result in the cancellation of your Service privileges. A written notice will be sent to you or you will receive a phone call if the returned item causes your Account to have a negative balance as a result of returned items. You agree that items transmitted through the Service are not subject to the funds availability requirements of Regulation CC. Funds deposited using the Service will be available after the Credit Union receives final payment for the funds submitted. The Credit Union may, but is not required to make such funds available sooner based on such factors as credit worthiness, the length and extent of your relationship with us, transactions and experience information, and other such factors as the Credit Union in its sole discretion, deems relevant. You also understand that credit is provisional until settlement is final. Without limiting the Credit Union’s discretion described above, following receipt and processing of the image; we will generally make funds from the check available for withdrawal on the second business day after we receive your deposit however; longer delays may apply. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays and federal holidays.
Items Returned Unpaid. With respect to any item that you transmit to us for Mobile Deposit that we credit to your account, in the event such item is dishonored, you authorize us to debit the amount of such items from your account, including applicable fees.