Common use of Types of Checks Clause in Contracts

Types of Checks. You can only deposit checks using Mobile Deposit. However, there are some check types that you cannot deposit using Mobile Deposit. These include: a. Checks payable to any person or entity other than you, or to you and another party. b. Checks payable jointly, unless deposited into an account in the name of all payees. c. Checks payable to any person or entity other than the person or entity that owns the account that the check is being deposited into. d. Checks containing any alteration of which you know or believe to be fraudulent or not authorized by the owner of the account on which the check is drawn. e. Checks that are not in original form with an original signature, such as substitute checks or remotely created checks. f. Checks drawn on a financial institution located outside the United States. g. Checks not payable in United States currency. h. Checks dated more than 6 months prior to the date of deposit. i. Checks or items on which a stop payment order has been issued or for which there are insufficient funds. j. Checks that have previously been submitted through Mobile Deposit or through a remote deposit capture service offered at any other financial institution. k. Checks with any endorsement on the back other than that specified in this Addendum. l. Money Orders. m. Cashier’s/Official Checks. n. Traveler’s Checks. o. Insurance Drafts. p. Credit Card Cash Advance Checks.

Types of Checks. You can only deposit checks using Mobile Deposit. However, there are some check types that you cannot deposit using Mobile Deposit. These include: a. Checks payable to any person or entity other than you, or to you and another party. b. Checks payable jointly, unless deposited into an account in the name of all payees. c. Checks payable to any person or entity other than the person or entity that owns the account that the check is being deposited into. d. Checks containing any alteration of which you know or believe to be fraudulent or not authorized by the owner of the account on which the check is drawn. e. Checks that are not in original form with an original signature, such as substitute checks or remotely created checks. f. Checks drawn on a financial institution located outside the United States. g. Checks not payable in United States currency. h. Checks dated more than 6 months prior to the date of deposit. i. Checks or items on which a stop payment order has been issued or for which there are insufficient funds. j. Checks that have previously been submitted through Mobile Deposit or through a remote deposit capture service offered at any other financial institution. k. Checks with any endorsement on the back other than that specified in this Addendum. l. Money Orders. m. Cashier’s/Official Checks. n. Traveler’s Checks. o. Insurance Drafts. p. m. Credit Card Cash Advance Checks.