Checking Account definition

Checking Account means a Demand Deposit account (DDA), a Negotiable Order of Withdrawal (NOW) account, a Savings account and a Money Market account at the Bank that you open through the Bank website; "Account" includes any Checking, Certificate of Deposit, or Savings account at the Bank opened through the Website or in person; "Card" means an automated teller machine card and/or a VISA debit card that accesses your Checking, Savings, Money Market, or NOW account; "PIN" means the personal identification number you use in connection with your Card; "Password" means the password you use to access the Website and your Bank Accounts through a personal computer or other electronic terminal; "Access Device" means your Card, Password, or other device or code we make available to you to access your Accounts; "Business Day" means Monday through Friday, except federal holidays; and "Authorized User" means any person you authorize or permit to use your Card, Password or other Access Device to access your Accounts, whether that person uses the Access Device to obtain information or to conduct a transaction. This EFT Agreement is part of the Banking Documents. Other terms used in this EFT agreement may be defined elsewhere in the Banking Documents. • ATM SafetyFunds TransfersOther Electronic Fund Transfer ServicesLiability For Unauthorized Electronic Transfers • Other Electronic Fund Transfer Services Types of Transactions‌ We offer the following types of Electronic Fund Transfers (EFT) Services for your Checking Account. • Direct Deposits. You can arrange for direct deposits to your checking and savings account(s). • Preauthorized Credits/Debits. We accept, on your behalf preauthorized Credits/Debits drawn on your Deposit Accounts which allow unrestricted activity. Through our electronic bill payment service, you are able to electronically transfer funds from your Deposit Account to other parties, provided the account allows such activity. We may conduct these transactions via Automated Clearinghouse (ACH) transfer. We may also accept and direct funds by wire transfer. Each of these services has unique fees associated with the transaction. Please consult our Schedule of Fees herein. When you provide the party initiating the withdrawal or deposit with advance authorization to make recurring ACH transfers to or from your Account, the transfers are referred to as "preauthorized transfers." Because these preauthorized transfers are performed electronically through the ACH, they ar...
Checking Account means Account No. 1453516358 maintained with Lender.
Checking Account means your checking account maintained with Lender that is described in the Application.

Examples of Checking Account in a sentence

  • Purchases made with your Card are referred to as point-of-sale ("POS") transactions, and will be charged against your Checking Account.

  • Check here to apply for an Affinity Visa Debit Access Card; however, you must have an Affinity Checking Account or Health Savings Account.

  • As long as you have money in your Checking Account, and subject to any applicable state or federal laws and regulations, the transaction limitations in this Agreement, including the Truth in Savings Disclosure, and the Credit Union’s Bylaws, money can be withdrawn from this account by any method approved by the Credit Union.

  • The change to your Checking Account will not affect your available balance, interest earnings, FDIC insurance, or bank statement.

  • All checks drawn on your Checking Account may be returned by us unpaid for any reason that checks are normally returned, such as, for example, insufficient funds, uncollected funds, or litigation.


More Definitions of Checking Account

Checking Account has the meaning set forth in Exhibit “H”.
Checking Account means any commercial checking or NOW account with us which you have requested be linked to the Account for overdraft protection.
Checking Account means the checking account established by Borrower pursuant to Section 7.11.
Checking Account means a non-interest-bearing account with a financial institution.
Checking Account means the deposit and account administration agreement ser forth in Annex 4 herein and that the Borrower has with the Bank in which the amount of the disbursements of the Loan will be deposited.
Checking Account statement: Insert containing information about the -------------------------- Co-Branded Service . ATM screens: Messages on the screen including an option to request ------------ a CD-ROM. . Itau Interactive Site (xxx.xxxx.xxx.xx): Explaining the Co-Branded --------------------------------------- Service package, including demonstration screen shots, a CD-ROM request screen, and a link to AOLB's content. . Merchandising in bank branches ------------------------------
Checking Account means your FHB checking account that you maintain with us at an FHB branch and select as the Account for FHB Online fees to be charged (does not include Money Market CheckingSM accounts).