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<br />serial number and amount as that included in the related Stop Payment Request since <br />our computer system identifies a check on the basis of the MICR serial number and the <br />exact amount of the check. <br /> <br />You will review your account statements prior to transmitting any Stop Payment Request. <br />You will not transmit any Stop Payment Request relating to a check that has been shown <br />to be paid on such statements. <br /> <br />In some cases, we may pay a check even if a Stop Payment Request is in effect. For <br />example, if one of our branches (or banking centers) or affiliates becomes a "holder in <br />due course" of the check that you asked us to stop, we may still pay the check. <br /> <br />The procedures for placing and acknowledging Stop Payment Requests are described in <br />the applicable User Documentation. <br /> <br />If you use any Online Stop Payment Services with respect to an account connected to a <br />Controlled Disbursement Service, you must follow the procedures in this section rather <br />than the Stop Payment procedures in the Controlled Disbursement Services section. <br /> <br />POSITIVE PAY <br /> <br />Our Positive Pay Services allow you to identify exception items, to request photocopies <br />and/or electronic images of exception items and to instruct us whether to payor return <br />those items. In many locations, if you send us an issue file, your information may be <br />made available at the teller line. This is called "Teller Positive Pay", which helps identify <br />fraudulent checks that are presented for payment at many of our banking centers. With <br />Teller Positive Pay, the decision whether to pay such an item may be made by us at the <br />teller line. <br /> <br />On each Business Day, we provide you a report of checks presented to us for payment on <br />the prior Business Day and which we have identified as exceptions based on information <br />you have provided to us and as more fully described in the applicable User <br />Documentation. Exceptions are determined by comparing checks presented to us (either <br />by other depository institutions or, where applicable, for cashing at one of our banking <br />centers) with lists of checks issued or canceled by you which you transmit electronically <br />to us each Business Day by the time specified in the applicable User Documentation. <br />Alternatively, where available, you may choose an option under which we report all <br />checks presented for payment, in which case we will treat all such checks as exception <br />items. <br /> <br />. <br />1 <br /> <br />, <br /> <br />On the same day we report exception items to you, you must notify us, by the deadline <br />specified in the applicable User Documentation, which checks you want us to payor <br />which to dishonor and return. If you fail to notify us by the deadline, we will handle the <br />exception items in accordance with the prescribed default procedure (which you may <br />choose where the choice is available). Where required, you will indicate which checks <br />you want us to return, having been deemed by you to be fraudulent. Our deadlines, <br />default procedures and procedures for acknowledging pay and return requests are <br />described in the applicable User Documentation. In order to assist you in making your <br /> <br />m' <br />