Account Transaction definition
Account Transaction means the payment of a cheque, or the doing of any other thing, that will result in the making of a debit to an account;
Account Transaction means any Deposit, Collection, Withdrawal or other transaction related to an Account.
Account Transaction refers to any transaction relating to an account including changes to the account, deposits, transfers, payments, or withdrawals, initiation or cessation of preauthorized deposits or withdrawals, endorsement of checks or other items for deposit, assignment, pledges or other hypothecation of the account or any portion of it, account suspension or termination, or investment or reinvestment of funds in the account.
Examples of Account Transaction in a sentence
The Client agrees that, without any further provision, the Company shall debit the Account with the financial asset sold on the basis of the Order and the Own Account Transaction, as well as the commission and other fees and costs charged to the Client, and credit the sale price to the Account.
More Definitions of Account Transaction
Account Transaction as defined in Section 5(j).
Account Transaction. , in relation to an account, means—
Account Transaction means a payment, transfer or receipt of funds in a Foreign Currency or any other transaction, including an order to buy or sell Foreign Currency, resulting in a Debit or Credit accounting Entry in a Foreign Currency Account. ACH Debit Entries will not be permitted. Account Transactions may be effectuated by Bank or one of its Affiliates through an omnibus account in the name of Bank or one of its Affiliates maintained by the Foreign Account Holding Bank.
Account Transaction means any transaction relating to a Customer Account pursuant to Schedule D (Account Terms).
Account Transaction or “Transaction” shall mean the transfer of funds to or from an Account;
Account Transaction means any transaction processed to or from the Account.
Account Transaction or "Transaction" shall mean a cash transfer to or from an Account;