Account Transfers definition

Account Transfers means Settlement Account Transfers and/or Securities Account Transfers.
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Account Transfers refers to any transfer of funds made to or from a BIBTC Account. Account Transfers includes all Electronic Funds Transfers (“EFT”) as defined in the Electronic Fund Transfer Act (15 USC 1693 et seq.), incoming transfers, and outgoing transfers. Additional fees limitations and considerations regarding Account Transfers, if any, will be as disclosed in the BIBTC Fees Schedule. Nonetheless, Wire Transfers will be addressed separately.
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Account Transfers. You may use the Services to request transfers between the Accounts. You agree to not initiate a transfer unless the Account to be debited contains sufficient available funds to cover the debit. Same day transfer requests are processed immediately if received by the Bank before 9:00 p.m. Pacific Time on a Bank business day. Requests received after the cut-off time are processed the following business day. Future dated transfer requests are processed on the Transfer Date requested during nightly processing (approximately 11:00 p.m.).
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Examples of Account Transfers in a sentence

  • Account Transfers in such cases are carried out without the separate consent of the Client and without applying the procedure of prior notification of the Client specified in Article 10 of the Agreement.

  • Examples of activities which generate fees include, but are not limited to; Mailgram Notices (margin call, sell-out & buy-in), Bounced Checks, Wiring of Funds, Outgoing Account Transfers, Issuance of Stock Certificates, Legal Transfers, Option Assignment, Paper Account Statements and Confirmations, Duplicate Copies of Account Statements, Confirmations and Checks.

  • As a condition to using External Account Transfers, you agree that you are solely responsible for the use of the service and that you will use the service in accordance with this Agreement.

  • Additional transfer limitations may apply to External Account Transfers.

  • When you enroll in External Account Transfers, you may make electronic transfers of funds between your California Coast savings or checking account(s) and an enrolled checking or savings account that you own at another financial institution.

  • All External Account Transfers are subject to the rules and regulations of the other financial institution.

  • You agree to be liable to the Credit Union and its vendors, for any claims, losses, liabilities, damages, expenses, or costs arising as a result of the negligent or intentional misuse of External Account Transfers or Online Banking by you or your authorized users.

  • External Account Transfers will have a limit regardless of the number of eligible external accounts.

  • External Account Transfers sent to invalid or incorrect account numbers may not be recoverable and the Credit Union is not responsible for returning funds due to an unrecoverable External Account Transfer error.

  • Refer to the current Service Charge Schedule for fees associated with External Account Transfers.


More Definitions of Account Transfers

Account Transfers means written, electronic, telephonic, facsimile, or oral requests or orders issued by an Authorized Pool Representative for the transfer of Pool funds on deposit from Pool accounts maintained at the Depository to other Depositories for credit to persons or accounts designated by the Authorized Pool Representative.
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Related to Account Transfers

  • Relevant Transfer Date means, in relation to a Relevant Transfer, the date upon which the Relevant Transfer takes place;

  • Relevant Transfer means a transfer of employment to which the Employment Regulations applies;

  • Designated Payment/Transfer Office means (i) with respect to the initial Paying Agent/Registrar named herein, its office in Dallas, Texas, or at such other location designated by the Paying Agent/Registrar and (ii) with respect to any successor Paying Agent/Registrar, the office of such successor designated and located as may be agreed upon by the City and such successor.

  • Joint Trading Account shall have the meaning set forth in the preamble of this Agreement.

  • Collection Account Agreement means each agreement substantially in the form of Exhibit VI, or such other form as may be acceptable to the Agent, among the applicable Originator, a Seller, Collection Bank and the Agent, as it may be amended, restated, supplemented or otherwise modified and in effect from time to time.