Common use of Remote Deposit Capture Service Clause in Contracts

Remote Deposit Capture Service. (a) Purpose. Customer desires to subscribe to the Bank’s Remote Deposit Capture Service in order to enable Customer to submit to Bank, for deposit to Customer’s account(s), electronic check images and associated information (“Check Images”) in lieu of the original, paper checks from which such Check Images were obtained, and Bank is agreeable to providing such services on the terms and conditions set forth herein.

Appears in 2 contracts

Sources: Master Treasury Management Services Agreement, Master Services Agreement