Common use of Member Representations and Warranties Clause in Contracts

Member Representations and Warranties. Member represents and warrants that: i. Member will comply with all federal and state laws, and rules and regulations applicable to online transactions, including, but not limited to, those of the National Automated Clearing House for ACH transactions, and Regulation CC’s warranty provisions for substitute checks; ii. All checks scanned through image transport are made payable to the Member, issued within the United States of America and its territories, and in U.S. Currency; iii. All signatures on each check are authentic and authorized; iv. Each check has not been altered; v. Images meet quality Federal Reserve Bank (FRB) and or American National Standards Institute (ANSI) standards; vi. Member will not deposit the original item; vii. Credit Union will not sustain a loss because the Member deposited an image; viii. Member will maintain a valid email address on file with the Credit Union. ix. Member will comply with all security procedures established by the Credit Union and agrees to not bypass, override, or disable any security mechanisms in the software or processing device; and x. Business Member will train employees in the overall use of MyDeposit Service, including the supervision and auditing of employees’ use of MyDeposit.

Member Representations and Warranties. Member represents and warrants that: i. Member will comply with all federal and state laws, and rules and regulations applicable to online transactions, including, but not limited to, those of the National Automated Clearing House for ACH transactions, transactions and Regulation CC’s warranty provisions for substitute checks; ii. All checks scanned through image transport are made payable to the Member, issued within the United States of America and its territories, and in U.S. Currency; iii. All signatures on each check are authentic and authorized; iv. Each check has not been altered; v. Images meet quality Federal Reserve Bank (FRB) and or and/or American National Standards Institute (ANSI) standards; vi. Member will not deposit the original item; vii. Credit Union union will not sustain a loss because the Member deposited an image; viii. Member will maintain a valid email address on file with the Credit Union. ix. Member will comply with all security procedures established by the Credit Union and agrees to not bypass, override, or disable any security mechanisms in the software or processing device; and x. Business Member will train employees in the overall use of Mobile MyDeposit Service, including the supervision and auditing of employees’ use of Mobile MyDeposit.