Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Who is liable for losses if the original of an item deposited through Remote Deposit is presented somewhere else?

April 26, 2017deposit deposited liable losses original presented remote

0

Posted

Who is liable for losses if the original of an item deposited through Remote Deposit is presented somewhere else?

1 Answer

0

Posted

As detailed in the Town North Bank Remote Deposit Agreement, you bear all responsibility for safeguarding the original items and preventing their re-entry into the clearing system.