External Transfer Processing Sample Clauses

External Transfer Processing. The Bank will process External Transfers on your behalf by means of the Automated Clearing House network pursuant to this Agreement and the rules of the National Automated Clearing House Association (NACHA). We can reject an External Transfer if it is not in compliance with the NACHA rules. Under NACHA rules, any credit to your Premier Bank account or your account at a third party financial institution shall be provisional until such credit has been finally settled by us or by the third party financial institution holding your account. You acknowledge that you have received notice of this requirement and of the fact that if we do not receive final settlement for an External Transfer for any reason, we shall charge back the amount of such transfer from the account being debited or the account being credited, as applicable, or any other of your accounts or claim a refund from you. You agree that you are authorized to initiate every inbound or outbound transfer you request in the amount requested. You also agree that your authority is operative at all relevant times including without limitation at the time you set up the transfer and at the time that we initiate the debit or credit to your Premier Bank account. You agree that you will have sufficient funds available in the designated deposit account to cover your payment obligations under this Agreement. In the event that there are not sufficient funds available in your deposit account to cover your payment obligation, you agree that we may offset, without prior notice or demand, any account held by you to the extent permitted by law. If the deposit account does not have sufficient available funds on the scheduled date, we may elect not to initiate one or more of the transfers. If we do elect to initiate the transfer, it may cause an overdraft in your account in which case you shall be liable for the overdraft and any overdraft fees, as set forth in the Terms and Conditions of Your Account and the Premier Retail Service Fee Schedule. You are solely responsible for the accuracy and completeness of External Transfer instructions provided to us. The Bank is not responsible for any errors in the External Transfer instructions or requests for cancellation or change to instructions provided by you to the Bank. You agree that if an External Transfer request describes the receiver inconsistently by name and account number, payment of the External Transfer may be made on the basis of the account number even if it iden...
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External Transfer Processing. Transfers initiated through the Service are subject to the Operating Rules and Guidelines of NACHA – The Electronic Payments Association (“NACHA”) and applicable regional or local ACH (“NACHA Rules”). All credits to your Accounts or External Accounts are provisional until the Bank or the other FI that holds your External Accounts pays and settles for any such credit. If, for any reason, final settlement or credit is not received, your Accounts or External Accounts may be charged back for the amount(s) thereof, together with any applicable fees or charges. Additionally, illegal transactions, such as online gambling, will be blocked when detected by NACHA and/or the Bank. You agree to comply with and be bound by the Rules, NACHA Rules and related procedures, and the Service terms and conditions.
Sample 1
External Transfer Processing. ‌ The processing of Transfer Instructions received before the daily Business Day Cutoff Time of 3:00 PM Eastern Time (“ET”) will begin on the same day. It may take up to three (3) Business Days before any standard processing Transfer is completed. Your Transfer Instructions should allow for this time period between the Send On date and the time your Transfer has been funded. No further Transfer Instructions will be accepted before completion of a pending Transfer, but you may schedule a Transfer to occur thereafter. You will have the ability to cancel your transfer request before the daily Business Day Cutoff Time through the Online Activity Center. Instructions made after the daily Business Day Cutoff Time of 3:00 PM ET may not be processed until the following Business Day. When submitting Instructions you should make allowance for the Cutoff Time. You agree to the Bank reviewing all Transfers, and that transaction times may be delayed or transactions not processed, should the Bank’s review, in its sole discretion, determine further customer validation is required and/or the transaction request is detected as abnormal or fraudulent behavior.
Sample 1
External Transfer Processing. The External Transfer Service uses PayNet to process the transfer of funds between your BMO Xxxxxx Account and your external account. If your registered external account is with a financial institution that also uses PayNet for real-time payments, the transfer of funds between the accounts occurs on the scheduled date . If the registered external account is not with a financial institution that uses PayNet, the transfer of funds will be made using ACH. If you are transferring funds by ACH from a BMO Xxxxxx Account, the transfer will be processed in accordance with the ACH funds transfer provisions of your Account Agreement. If you are transferring funds by ACH from a registered external account to a BMO Xxxxxx Account, the transferred funds will be subject to the ACH processing times of the financial institution holding your registered external account.
Sample 1

Related to External Transfer Processing

  • Transfer Procedures 1. The transfers referred to in Article 4, 5, 6 and 7 shall be effected without undue delay and, at all events, within six months after all fiscal obligations have been met and shall be made in a convertible currency. All the transfers shall be made at the prevailing exchange rate applicable on the date on which the investor applies for the related transfer, with the exception of the provisions under point 3 of Article 5 concerning the exchange rate applicable in case of nationalization or expropriation.

  • Sub-processing 1. The data importer shall not subcontract any of its processing operations performed on behalf of the data exporter under the Clauses without the prior written consent of the data exporter. Where the data importer subcontracts its obligations under the Clauses, with the consent of the data exporter, it shall do so only by way of a written agreement with the sub-processor which imposes the same obligations on the sub-processor as are imposed on the data importer under the Clauses. Where the sub-processor fails to fulfil its data protection obligations under such written agreement the data importer shall remain fully liable to the data exporter for the performance of the sub-processor’s obligations under such agreement.

  • Order Processing Any order by you for the purchase of shares of the respective Funds through us shall be accepted at the time when it is received by us (or any clearing house agency that we may designate from time to time), and at the offering and sale price next determined, unless rejected by us or the respective Funds. In addition to the right to reject any order, the Funds have reserved the right to withhold shares from sale temporarily or permanently. We will not accept any order from you that is placed on a conditional basis or subject to any delay or contingency prior to execution. The procedures relating to the handling of orders shall be subject to instructions that we shall forward from time to time to all members of the Selling Group. The shares purchased will be issued by the respective Funds only against receipt of the purchase price, in collected New York or Los Angeles Clearing House funds subject to deduction of all concessions on such sale (reallowance of any concessions to which you are entitled on purchases at net asset value will be paid through our direct purchase concession system). If payment for the shares purchased is not received within three days after the date of confirmation the sale may be cancelled forthwith, by us or by the respective Funds, without any responsibility or liability on our part or on the part of the Funds, and we and/or the respective Funds may hold you responsible for any loss, expense, liability or damage, including loss of profit suffered by us and/or the respective Funds, resulting from your delay or failure to make payment as aforesaid.

  • Scope of Processing The subject-matter of Processing of Personal Data by Okta is the performance of the Service pursuant to the Agreement. The duration of the Processing, the nature and purpose of the Processing, the types of Personal Data and categories of Data Subjects Processed under this DPA are further specified in Appendix 1 to this DPA.

  • Other Procurement Procedures The following procurement methods may be used for the procurement of works and goods that the Bank agrees meets the requirements established in the provisions of Section III of the Procurement Policies:

  • Transfer Procedure After receipt by Silicon Valley Bank of the executed Warrant, Silicon Valley Bank will transfer all of this Warrant to its parent company, SVB Financial Group. By its acceptance of this Warrant, SVB Financial Group hereby makes to the Company each of the representations and warranties set forth in Section 4 hereof and agrees to be bound by all of the terms and conditions of this Warrant as if the original Holder hereof. Subject to the provisions of Section 5.3 and upon providing the Company with written notice, SVB Financial Group and any subsequent Holder may transfer all or part of this Warrant or the Shares issuable upon exercise of this Warrant (or the securities issuable directly or indirectly, upon conversion of the Shares, if any) to any transferee, provided, however, in connection with any such transfer, SVB Financial Group or any subsequent Holder will give the Company notice of the portion of the Warrant being transferred with the name, address and taxpayer identification number of the transferee and Holder will surrender this Warrant to the Company for reissuance to the transferee(s) (and Holder if applicable); and provided further, that any subsequent transferee other than SVB Financial Group shall agree in writing with the Company to be bound by all of the terms and conditions of this Warrant. Notwithstanding any contrary provision herein, at all times prior to the IPO, Holder may not, without the Company’s prior written consent, transfer this Warrant or any portion hereof, or any Shares issued upon any exercise hereof, or any shares or other securities issued upon any conversion of any Shares issued upon any exercise hereof, to any person or entity who directly competes with the Company, except in connection with an Acquisition of the Company by such a direct competitor.

  • Data Processing Agreement The Data Processing Agreement, including the Approved Data Transfer Mechanisms (as defined in the Data Processing Agreement) that apply to your use of the Services and transfer of Personal Data, is incorporated into this Agreement by this reference. Each party will comply with the terms of the Data Processing Agreement and will train its employees on DP Law.

  • Data Processing In this clause:

  • Details of Processing 3.1. For details of how personal data is processed under this Agreement, please register to see our "GDPR Portal" at xxxxx://xxxxxx- xxxxxxx.xxxxx.xxx/Xxxxxxx/x/xxxx-xxx. You may also request a copy of the Product Fact Sheet from Your Access Account Manager.

  • Records of Processing Activities 6.1 The Data Processor shall keep records of all categories of processing activities performed on behalf of the Data Controller. Records of Processing activities shall include at least the following:

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