Exception Items definition
Examples of Exception Items in a sentence
Client shall use only the Exception Items via Commercial Online Banking in the preparation of Decisions.
We will notify you of all Exception Items and related adjustments in writing.
The Bank will notify the Customer of Exception Items by listing each item on Cash Management no later than 8:00 a.m. ET of each Bank Business Day.
Subject to our right to identify and reject Exception Items, we shall be deemed to have accepted each Electronic Item that is not an Exception Item for deposit to the account on the business day that we process the Electronic Item, provided its transmission to us is prior to the Cut-Off Time.
Upon notification, the Customer shall review the Exception Items and either confirm the validity by submitting a “Pay Request” of the Exception Item (in which case the Bank will pay the Exception Item, provided the Customer responds within the time specified below), or will instruct the Bank to dishonor the Exception Item by submitting a “Return Request”.
Upon notification, the Customer shall review the Exception Items and either confirm the validity of the Exception Item (in which case the Bank will pay the Exception Item, provided the Customer responds within the time specified below), or will instruct the Bank to dishonor the Exception Item.
You agree that you shall only deposit Exception Items to your accounts by depositing the original item on which the Exception Item is based.
RemitPlus Express Service is a web- based payments portal for researching images, viewing batch summary and deposit total reports and decisioning Exception Items online.
Any item to which Purchaser does not object shall be deemed a "Permitted Exception." Items that the Title Company identifies as to be released at closing will be deemed objections by Purchaser.
Company will provide Bank with pay or return instructions for Exception Items that either do not have a payee match or that have a payee match but that do not match the MICR information provided by Company to Bank.