Common use of Posting Order Clause in Contracts

Posting Order. We generally process items in the order we receive them with the exception that for checks where our systems can read the check number, we process them sequentially by check number. As an example, on the same business day we receive three checks that were not cashed at a teller with check numbers 501, 510, and 515. Our system would subtract 501 first, then 510, and then 515.