Stripe Account Funding Sample Clauses

Stripe Account Funding. Aspiration provides customers with the opportunity to fund their account using any debit card issued by a US bank (excluding pre-paid debit cards) through a service offered by Stripe, Inc. Aspiration uses Stripe for payment, analytics, and other business services. Stripe collects identifying information about the devices that connect to its services. Stripe uses this information to operate and improve the services it provides to us, including for fraud detection. When using this service, the customer agrees to the Stripe Services Agreement and Stripe Privacy Policy. ● By providing card information, the customer permits Aspiration and Stripe to retain their debit card information so that the customer can authorize future transfers. Aspiration will not retain the card information directly, but will instead retain a tokenization of the card information provided by Stripe so that Aspiration can transmit information to Stripe to effectuate any transaction. ● Aspiration reserves the right to terminate the use of Stripe for any individual customer at its sole discretion without prior notice. ● Information regarding availability of funds in connection with Stripe Account Funding, and any applicable transaction limits, is available in the Funds Availability Policy included herewith. Spend and Save Account (“Accounts”) at Mission Financial Partners, LLC d/b/a Aspiration (“Aspiration,” “we,” or “us”) maintained by a customer (“you” or “your”) will be deposited into interest-bearing deposit accounts (the “Deposit Accounts”) at one or more banks insured by the Federal Deposit Insurance Corporation (“FDIC”) set forth in a Priority List (each, a “Bank”) (the “Sweep Program”), provided via the Online Services, and available here: Xxxxxxxxxx.xxx/xxxxxxxx/xxx-xxxxxxx-xxxxx. This Sweep Program will be offered by Coastal Community Bank, our partner bank (“Coastal”). Please refer to the section titled “Operation of the Program” for more information. Coastal will act as your agent and custodian in establishing and maintaining the Deposit Accounts at each Bank. Although the Deposit Accounts are obligations of the Banks and not Aspiration, you will not have a direct relationship with the Banks, nor will you have an individual Deposit Account at each Bank. Coastal will maintain one set of Deposit Accounts at each Bank in which all Aspiration customer funds are held for the exclusive benefit of such customers. All deposits and withdrawals will be made by Aspiration on your behalf. ...
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Stripe Account Funding. ● Deposits can be made via Stripe for the initial funding of your account. These funds will be available for use 2-3 business days after the deposit is initiated via Stripe. ● Transaction Limits: Stripe deposits are limited to $2,000 and can only be used for the initial funding of your account. Please contact Aspiration at 000-000-0000, or write to Aspiration at: xxxxxxx@xxxxxxxxxx.xxx for error resolution support (to file a dispute) For more information on error resolution please reference Section 12. Questions and Error Resolution We will notify you of any change to these policies as required by applicable laws. Below is an outline of the benefits and features, and additional terms and conditions, associated with the Aspiration-branded demand deposit account and savings account (the “Spend and Save Accounts” or the “Accounts”) offered by Coastal Community Bank (the “Bank”).
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Stripe Account Funding. ● Deposits can be made via Stripe for the initial funding of your account. These funds will be available for use 2-3 business days after the deposit is initiated via Stripe. ● Transaction Limits: Stripe deposits are limited to $2,000 and can only be used for the initial funding of your account. Please contact Aspiration at 000-000-0000, or write to Aspiration at: xxxxxxx@xxxxxxxxxx.xxx for error resolution support (to file a dispute) For more information on error resolution please reference Section 12. Questions and Error Resolution
Sample 1

Related to Stripe Account Funding

  • Collection Account (a) On behalf of the Trustee, the Servicer shall establish and maintain, or cause to be established and maintained, one or more segregated Eligible Accounts (such account or accounts, the “Collection Account”), held in trust for the benefit of the Trustee. On behalf of the Trustee, the Servicer shall deposit or cause to be deposited in the clearing account (which account must be an Eligible Account) in which it customarily deposits payments and collections on mortgage loans in connection with its mortgage loan servicing activities on a daily basis, and in no event more than one Business Day after the Servicer’s receipt thereof, and shall thereafter deposit into the Collection Account, in no event more than two Business Days after the deposit of such funds into the clearing account, as and when received or as otherwise required hereunder, the following payments and collections received or made by it subsequent to the Cut-off Date (other than in respect of principal or interest on the related Mortgage Loans due on or before the Cut-off Date), or payments (other than Principal Prepayments) received by it on or prior to the Cut-off Date but allocable to a Due Period subsequent thereto: (i) all payments on account of principal, including Principal Prepayments, on the Mortgage Loans; (ii) all payments on account of interest (net of the related Servicing Fee) on each Mortgage Loan; (iii) all Insurance Proceeds and Condemnation Proceeds to the extent such Insurance Proceeds and Condemnation Proceeds are not to be applied to the restoration of the related Mortgaged Property or released to the related Mortgagor in accordance with the express requirements of law or in accordance with Accepted Servicing Practices, Liquidation Proceeds and Subsequent Recoveries; (iv) any amounts required to be deposited pursuant to Section 3.12 in connection with any losses realized on Permitted Investments with respect to funds held in the Collection Account; (v) any amounts required to be deposited by the Servicer pursuant to the second paragraph of Section 3.13(a) in respect of any blanket policy deductibles; (vi) all proceeds of any Mortgage Loan repurchased or purchased in accordance with this Agreement; and (vii) all Prepayment Charges collected by the Servicer. The foregoing requirements for deposit in the Collection Account shall be exclusive, it being understood and agreed that, without limiting the generality of the foregoing, payments in the nature of late payment charges, NSF fees, reconveyance fees, assumption fees and other similar fees and charges need not be deposited by the Servicer in the Collection Account and shall, upon collection, belong to the Servicer as additional compensation for its servicing activities. In the event the Servicer shall deposit in the Collection Account any amount not required to be deposited therein, it may at any time withdraw such amount from the Collection Account, any provision herein to the contrary notwithstanding. (b) Funds in the Collection Account may be invested in Permitted Investments in accordance with the provisions set forth in Section 3.12. The Servicer shall give notice to the Securities Administrator, the Master Servicer, the Trustee and the Depositor of the location of the Collection Account maintained by it when established and prior to any change thereof.

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