Common use of Mobile Check Deposit Services Clause in Contracts

Mobile Check Deposit Services. General Terms/Services. The Mobile Check Deposit services (“Services”) are designed to allow you to make deposits to your checking or money market accounts from home or other remote locations by taking mobile pictures of checks and delivering the images and associated deposit information to The Cecilian Bank’s designated processor. Fees. The Cecilian Bank charges $.50 per deposit in excess of five (5) deposits in any one statement cycle. Eligible Items. 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 The Cecilian Bank shall be deemed an “item” within the meaning of Articles 3 and 4 of the Uniform Commercial Code. Endorsements and Procedures. You agree to restrictively endorse any item transmitted through the Service with your signature and “For Mobile Deposit Only”, or as otherwise instructed by The Cecilian Bank. You agree to follow any and all other procedures and instructions for use of the Services as The Cecilian Bank may establish from time to time. Image Quality. The image of an item transmitted to The Cecilian Bank using the Services must be legible, as determined by the sole discretion of The Cecilian Bank. Without limiting the foregoing, the image quality of the items must comply with the requirements established from time to time by The Cecilian Bank, American National Standards Institute (ANSI), the Board of Governors of the Federal Reserve Board, or any other regulatory agency, clearinghouse or association. Receipt of Items. We reserve the right to reject any item transmitted through the Services, at our discretion, without liability to you. Once a deposit is rejected, it may not be electronically deposited again. We are not responsible for items we do not receive or for images that are dropped during transmission. An image of an item shall be deemed received when you receive a confirmation from The Cecilian Bank that we have received the image. Receipt of such confirmation does not mean that the transmission was error free, complete or will be considered a deposit and credited to your

Mobile Check Deposit Services. General Terms/Services. The Mobile Check Deposit services (“Services”) are designed to allow you to make deposits to your checking or money market accounts from home or other remote locations by taking mobile pictures of checks and delivering the images and associated deposit information to The Cecilian Bank’s designated processor. Fees. The Cecilian Bank charges $.50 per deposit in excess of five (5) deposits in any one statement cycle. Eligible Items. 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 The Cecilian Bank shall be deemed an “item” within the meaning of Articles 3 and 4 of the Uniform Commercial Code. Endorsements and Procedures. You agree to restrictively endorse any item transmitted through the Service with your signature and “For Mobile Deposit Only”, or as otherwise instructed by The Cecilian Bank. You agree to follow any and all other procedures and instructions for use of the Services as The Cecilian Bank may establish from time to time. Image Quality. The image of an item transmitted to The Cecilian Bank using the Services must be legible, as determined by the sole discretion of The Cecilian Bank. Without limiting the foregoing, the image quality of the items must comply with the requirements established from time to time by The Cecilian Bank, American National Standards Institute (ANSI), the Board of Governors of the Federal Reserve Board, or any other regulatory agency, clearinghouse or association. Receipt of Items. We reserve the right to reject any item transmitted through the Services, at our discretion, without liability to you. Once a deposit is rejected, it may not be electronically deposited again. We are not responsible for items we do not receive or for images that are dropped during transmission. An image of an item shall be deemed received when you receive a confirmation from The Cecilian Bank that we have received the image. Receipt of such confirmation does not mean that the transmission was error free, complete or will be considered a deposit and credited to youryour account. We further reserve the right to charge back to your account at any time any item that we subsequently determine was not an eligible item. You agree that the Bank is not liable for any loss, costs, or fees you may incur as a result of our chargeback of an ineligible item.