Account Rejection definition

Account Rejection means refusal by a financial institution to handle transactions through a checking account regarding which the Depositor has a bad record.
Sample 1Sample 2Sample 3
Account Rejection means refusal by a financial institution to handle transactions through your checking Account.
Sample 1Sample 2Sample 3
Account Rejection means refusal by a financial institution to handle transactions through your Checking Account which has a bad record.「退票」：指金融業者對票據拒絕付款，經填具退票理由單，連同票據一併退還。
Sample 1

Examples of Account Rejection in a sentence

  • In the event a negotiable instrument is dishonored due to insufficient funds after the date of temporary resumption of transactions but before the expiry date of the initial Account Rejection, the Bank may reject the Depositor’s account effective for a period of three (3) years commencing from the date on which the Bills Clearing House dishonors.

Related to Account Rejection

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Rejection Event means, in respect of the Benchmark, the relevant competent authority or other relevant official body rejects or refuses or will reject or refuse any application for authorisation, registration, recognition, endorsement, equivalence, approval or inclusion in any official register which, in each case, is required in relation to the Securities, the Benchmark or the administrator or sponsor of the Benchmark under any applicable law or regulation for the Issuer or any other entity to perform its obligations in respect of the Securities.

  • Prepaid contract means any Contract that has terminated or been prepaid in full prior to its scheduled expiration date (including because of a Casualty Loss), other than a Defaulted Contract.