Last updated: October 14, 2024

This Addendum - Remote Deposit Capture Terms (“Addendum”) applies to your delivery of the Stripe Treasury Remote Deposit Capture Service (as defined below).

1. Relationship to Stripe Treasury Platform Terms

When you offer the Stripe Treasury Remote Deposit Capture Services, you expressly agree to the terms and conditions of this Addendum, the Treasury Platform Terms, and any updates or modifications Stripe makes to either of the foregoing from time to time. This Addendum supplements the Treasury Platform Terms, which generally governs your use of Stripe Treasury, and is incorporated into this Addendum by reference. To the extent that there is a conflict between the Stripe Treasury Platform Terms and this Addendum related to Stripe Treasury Remote Deposit Capture Services, this Addendum will prevail.

2. The Stripe Treasury Remote Deposit Capture Services

Stripe Treasury Remote Deposit Capture Service is a Preview Service through which you offer remote check deposit capabilities to Treasury Accountholders via Stripe APIs (“Stripe Treasury Remote Deposit Capture Service”).  Each check deposit initiated through the Stripe Treasury Remote Deposit Services is an Activity and a Financial Account Transaction.  

3.  Enabling Remote Deposit Capture

a. You will provide Treasury Accountholders the ability to capture and submit images of checks they wish to deposit through the Stripe Treasury Remote Deposit Capture Service by embedding check imaging technology provided by Stripe into your mobile interface for Treasury Accountholders.

b. You must transmit the check images of each check submitted for deposit through the Stripe Treasury Remote Deposit Capture Service to Stripe.  Stripe will review all checks submitted for deposit and deliver any checks approved for submission to the Treasury Bank for collection.  If Stripe identifies an error for any deposited check, it will notify you and you communicate this determination to the applicable Treasury Accountholder.  If the error can be corrected, you will give the Treasury Accountholder an opportunity to do so and resubmit.  

c. In general, funds from check deposits will be available to Treasury Accountholders within 5 Business Days after you transmit the applicable check details to Stripe.  

4. Restrictions on the Use of Stripe Treasury Remote Deposit Capture Services 

a. You must not enable or allow any Treasury Accountholder to use the Stripe Treasury Remote Deposit Services other than for the purpose for which they are provided and in accordance with all applicable Stripe Treasury Remote Deposit Capture documentation;

b. You must communicate the limitations of the Stripe Treasury Remote Deposit Capture Service to any Treasury Accountholder with access to this Service, including:

(i) The Stripe Treasury Remote Deposit Capture Service can only be used to deposit checks which are denominated in U.S. Dollars and drawn on a U.S. bank, and  

(ii) Stripe Treasury Remote Deposit Services cannot be used to deposit U.S. savings bonds, U.S. postal money orders, remotely created checks (whether in paper form or electronically created), electronically created items (items created electronically and not derived from a paper check), convenience checks (checks drawn against a line of credit), traveler’s checks or cash.

5. Your Use of Stripe Treasury Remote Deposit Capture Services

This Addendum does not apply to your own use of the Stripe Treasury Remote Deposit Capture Services. If you wish to use the Stripe Treasury Remote Deposit Capture Services, you will be subject to, and must comply with, the Stripe Treasury Remote Deposit Capture Terms - Connected Accounts (and you will be considered to also be the Platform Provider for the purposes of those terms).

6. Indemnification

In addition to indemnification obligations under the Stripe Services Agreement and the Stripe Connect Platform Agreement, you agree to defend, indemnify, and hold harmless Stripe, SPC, their vendors for remote check deposit services and their respective employees and agents from and against any claim, suit, demand, loss, liability, damage, action, or proceeding arising out of or relating to (a) your breach of any provision of this Addendum or (b) your use of Stripe Treasury Remote Deposit Service in a manner that is illegal or inconsistent with the Stripe Treasury Remote Deposit Service documentation.

7. Termination  

The following will survive termination of this Addendum:

(i) provisions that by their nature are intended to survive termination; and

(ii) provisions that allocate risk, or limit or exclude a party’s liability, to the extent necessary to ensure that a party’s potential liability for acts and omissions that occur during the Term remains unchanged after the Addendum terminates.