REMOTE DEPOSIT PROCESS Sample Clauses

REMOTE DEPOSIT PROCESS. In order to use Remote deposit, you must obtain and maintain, at your own expense, compatible hardware and software as specified by Ventura County Credit Union from time to time. You are responsible for providing your own hardware and software (“Access Device”) to access the service. You are also responsible for the charges of any wireless network or internet service provider you may utilize in accessing the service. You acknowledge that at any time, the hardware and software you use to access Remote Deposit may be subject to unauthorized tracking, interception, corruption, diversion or other manipulation by “spyware” or other malicious code. We are not responsible for detecting the existence of any such malicious code, or for advising you of its existence or potential effects even if we become aware of it, and your use of your hardware and software to access Remote Deposit is a. The item is eligible for deposit using Remote Deposit; b. The item is not a duplicate of an item previously deposited; c. You will not re-deposit or re-present the item; d. All information you provide to Ventura County Credit Union in connection with the item is accurate and true; e. You are in compliance with this Agreement and with all applicable laws, rules and regulations; f. You are not aware of any factor which may impair the collectability of the item; and g. You will indemnify and hold harmless Ventura County Credit Union from any loss resulting from any breach of this warranty provision. You agree that you will not use Remote Deposit to electronically present to Ventura County Credit Union for deposit any of the following items: a. Any check or item payable to any person or entity other than you; b. Items that are drawn on your own account here at Ventura County Credit Union (either personal or business affiliated account); c. Any check or item containing an alteration on the front of the check or item, or which you know or suspect, or should know or suspect is fraudulent or otherwise not authorized by the owner of the account on which the check or item is drawn; d. Any check or item payable jointly, unless deposited into an account in the name of all payees; e. Any check previously converted to a substitute check, as defined in Regulation CC; f. Any check drawn on a financial institution located outside the United States; g. Any check that is a remotely created check, as defined in Regulation CC; h. Any check not payable in United States currency; i. Any check dated more...
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Related to REMOTE DEPOSIT PROCESS

  • Mobile Deposit Security You will complete each deposit promptly. If you are unable to complete your deposit promptly, you will ensure that your mobile device remains securely in your possession until the deposit has been completed. It is your responsibility to establish and maintain procedures to safeguard against unauthorized deposits. You will notify us immediately by telephone with written confirmation if you learn of any loss or theft of original checks. You will ensure the safety and integrity of original checks from the time of receipt until the time of destruction. If warranted in our reasonable judgment, we may audit and monitor you, and you agree to cooperate with us to permit such monitoring, to confirm that you have satisfied your obligations under this Agreement.

  • Mobile Deposit The Mobile Deposit feature enables you to use a software application together with your Wireless Access Device to create electronic images of the front and back of certain Original Checks (defined below) and transmit those images and other information, including, without limitation, information captured from the magnetic ink character recognition (“MICR”) line, to us for review and processing in accordance with this Agreement.

  • DEPOSIT OF ITEMS You may make deposits to Your Account using any method available from Us, including deposits in person, by mail or electronic means. We have the right to refuse to accept any check or instrument for deposit at Our sole discretion. If You deposit an item and it is returned unpaid, We will debit Your Account for the amount of the item and charge You a fee. You will be liable to Us for the amount of any item You deposit which is returned unpaid, and in addition, will be responsible for any of Our costs and expenses incurred in the collection of such returned item from You, including reasonable attorneys' fees. Subject to Our Funds Availability Policy, You may not be able to withdraw funds from Your Account until We have received final settlement for any items deposited. If You make a deposit on a Saturday, Sunday, or a holiday, or after Our predetermined cut-off hour on business days, the deposit will be credited to Your Account as of the next business day.