Common use of Retention and Destruction Clause in Contracts

Retention and Destruction. Retain all checks for at least two Business Days after the deposit is made in case a check is returned and you need to re-deposit the original item. You agree to destroy all deposited checks as soon as reasonably possible thereafter and no later than 30 days after deposit.

Appears in 4 contracts

Sources: Online Access Agreement, Online Access Agreement, Online Access Agreement

Retention and Destruction. Retain all checks for at least two Business Days after the deposit is made in case a check is returned and you need to re-deposit the original item. You agree to destroy all deposited alldeposited checks as soon as reasonably possible thereafter and no later than 30 days after deposit.

Appears in 1 contract

Sources: Online Access Agreement