Original Check. The original paper check will not be deposited through the Check Services more than once.
Original Check. The first paper Check issued with respect to a particular payment transaction. Payor Financial Institution: The United States Financial Institution ordered in a Check to make payment to the payee(s) named on the Check. Program: Collectively the procedures, protocols, and software used by Bank and its licensors and contractors in connection with the electronic processing of Checks, and includes without limitation the Software and the Services. Regulation CC: 12 C.F.R. Part 229, as it may be amended from time to time.
Original Check. The first paper check issued to or endorsed in favor of Business Entity with respect to a particular payment transaction. The term “original check” does not include: (a) a noncash item as defined in Regulation CC (Volume 12 of the U.S. Code of Federal Regulations, part 229) promulgated by the Board of Governors of the Federal Reserve; (b) an item payable in a medium other than United States money; (c) or an item drawn by Business Entity or affiliate of Business Entity, on an account of Business Entity or affiliate of Business Entity on Extraco or any other Bank.
Original Check. You understand that you are responsible if anyone is asked to make a payment based on an original check that has already been paid. RETURNED DEPOSITS Any credit to your account for checks deposited using RDC is provisional. If original checks deposited through RDC are dishonored, rejected or otherwise returned unpaid by the drawee bank, or are rejected or returned by a clearing agent or collecting bank, for any reason, including, but not limited to, issues relating to the quality of the image, you agree that an original check will not be returned to you, but that we may charge back the amount of the original check and provide you with an image of the original check, a paper reproduction of the original check or a substitute check. You will reimburse us for all loss, cost, damage or expense caused by or relating to the processing of the returned item. Without our approval, you shall not attempt to deposit or otherwise negotiate an original check if it has been charged back to you. We may debit any of your accounts to obtain payment for any item that has been rejected or returned, for any adjustment related to such item or for any warranty claim related to such item, whether or not the rejection, return, adjustment or warranty claim was made timely. YOUR WARRANTIES You make the following warranties and representations with respect to each image: □ Each image is a true and accurate rendition of the front and back of the original check, without any alteration, and the drawer of the check has no defense against payment of the check. □ The amount, payee(s), signature(s), and endorsement(s) on the image and on the original check are legible, genuine, and accurate. □ You will not deposit or otherwise endorse to a third party the original check and no person will receive a transfer, presentment, or return of, or otherwise be charged for, the original check or a paper or electronic representation of the original check such that the person will be asked to make payment based on an item that has already been paid. □ There are no other duplicate images of the original check. □ The original check was authorized by the drawer in the amount stated on the original check and to the payee(s) stated on the original check. □ You are authorized to enforce and obtain payment of the original check. □ You have possession of the original check and no party will submit the original check for payment. With respect to each image, you make to us all representations and warranties that ...
Original Check. The Original Check was authorized by the drawer in the amount stated on the Original Check and to the payee(s) stated on the Original Check. You have possession of the Original Check and no party will submit the Original Check for payment; • Accuracy of Information. The amount, payee(s), signature(s) and endorsement(s) on the Image and on the Original Check are legible, genuine, and accurate;
Original Check. The Original Check was authorized by the drawer in the amount stated on the Original Check and to the payee(s) stated on the Original Check. You have possession of the Original Check and no party will submit the Original Check for payment; Accuracy of Information. The amount, payee(s), signature(s) and endorsement(s) on the Image and on the Original Check are legible, genuine, and accurate; No Duplicates. You will not create duplicate Images of the Original Check, transmit a duplicate Image, deposit or otherwise negotiate the Original Check of which an Image was created. You will not deposit or otherwise endorse to a third party the Original Check and no person will receive a transfer, presentment, or return of, or otherwise be charged for, the Original Check or a paper or electronic representation of the Original Check such that the person will be asked to make payment based on an item that has already been paid;
