Common use of Unacceptable Deposits Clause in Contracts

Unacceptable Deposits. I understand and agree that I am not permitted to deposit the following items using the Services: • Any item drawn on my account or my affiliate’s account. • Any item that is stamped with a “non-negotiable” watermark. • Any item that contains evidence of alteration to the information on thecheck. • Any item issued by a financial institution in a foreign country. • Any item that is incomplete. • Any item that is “stale dated” or “postdated.” • Any third party check, i.e., any item that is made payable to another party and then endorsed to me by such party. • Any item that must be verified by providing an authorization code on the item prior to depositing. • ECU reserves the right to reject a deposit for reasons that may not be listed above. You will be notified via the email address you provided ECU if your deposit is rejected and the reason for the rejection.