Image Exchange definition

Image Exchange. The process of exchanging images through a network of member institutions that have agreed to accept electronic images of checks. Image Exchange Items are items processed through the Image Exchange.
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Image Exchange means the process of exchanging images through a network of member institutions that have agreed to accept electronic images of checks. Image Exchange Items are items processed through the Image Exchange.
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Image Exchange means the clearing and settlement of an Image in electronic format direct to the payor or through a consortium.
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Examples of Image Exchange in a sentence

  • Items may be returned as Image Exchange Items, rather than Substitute Checks.

  • For all Items processed by you pursuant to this Agreement, either (a) digitized images will be converted to Substitute Checks and presented for payment to established Endpoints, or (b) Image Exchange Items will be presented for payment through image exchange networks.

  • Without limitation, you recognize that under the Uniform Commercial Code, Regulation CC, the Electronic Check Clearing House Organization (“ECCHO”) Rules (as applicable) and the rules of any image exchange network, our representations and warranties with regard to Image Exchange Items and Substitute Checks may expose us to claims for several years following processing of the Image Exchange Item or Substitute Check.

  • You agree that Items may be returned as Image Exchange Items, rather than Substitute Checks.

  • You shall comply with all laws, rules, and regulations applicable to you, and to the Programs and Services, including, without limitation, Regulation CC, the Uniform Commercial Code and any rules established by an image exchange network through which Image Exchange Items are processed pursuant to this Agreement.

  • You agree that Items may be returned as Image Exchange Items rather than Substitute Checks.

  • For all Imaged Items processed by you pursuant to this Service Description, either: (i) digitized images will be converted to Substitute Checks and presented for payment to established Endpoints; or (ii) Image Exchange Items will be presented for payment through image exchange networks.

  • Notwithstanding the foregoing, the Bank may redeposit any returned Substitute Check or Image Exchange Item consistent with the terms of the deposit account agreement governing your Accounts.

  • Bank will provide to Client the Remote Deposit Capture Services described in this Service Description to enable Client to transmit Imaged Items to Bank or Bank’s designated processor to be cleared as Substitute Checks or Image Exchange Items.

  • Client agrees that Items may be returned as Image Exchange Items, rather than Substitute Checks.

Related to Image Exchange

  • Principal Exchange means, in respect of a Share, any stock exchange or quotation system on which such Share is listed. As of the date of this Information Statement, the Principal Exchange for each Share is as set forth under "Summary Information Regarding the Companies".

  • Relevant Exchange means the Relevant Exchange as specified in § 2 of the Product and Underlying Data.In the case of a material change in the market conditions at the Relevant Exchange, such as a final discontinuation of the quotation of the Underlying at the Relevant Exchange and the quotation at a different stock exchange or a considerably restricted number or liquidity, the Relevant Exchange shall be substituted as the Relevant Exchange by another exchange that offers satisfactorily liquid trading in the Underlying (the "Substitute Exchange"); such exchange shall be determined by the Calculation Agent acting in accordance with relevant market practice and in good faith. In this case, any reference to the Relevant Exchange in the Terms and Conditions of these Securities shall be deemed to refer to the Substitute Exchange.

  • Stock Exchange The Stock Exchange of Hong Kong Limited