ACH debit definition

ACH debit means the EFT payment option in which the payer initiates the transfer of funds by authorizing the depart- ment’s depository bank to transfer the payment amount from the payer’s account.

ACH debit means any completed or attempted debit to a Person’s account at a financial institution that is processed electronically through the Automated Clearing House Network.

ACH debit means an electronic transfer of funds initiated by Rhode Island Division of Taxation, upon taxpayer instruction, to debit a taxpayer's designated bank account and credit funds to a designated State of Rhode Island bank account.

Examples of ACH debit in a sentence

• You may ask Cascade FCU to stop payment on any check drawn upon or ACH debit scheduled from your checking account.

• Payment of ACH, debit card transactions, ATM transac- tions, and point-of-sale transactions are paid in the order presented.

• ACH Positive Pay - the service designed to detect fraudulent and/or unauthorized ACH debit entries presented for payment on an account at the WesBanco and report such items to the Client for pay/no pay decisions.

• By comparing the incoming ACH debit entry with the Allowable Conditions applied by the Client, the service is designed to identify discrepancies and potential fraudulent/unauthorized ACH debits to prevent them from posting to the Account.

• You understand and agree that since the original Check is your property, it will not be returned and River Region Community Federal Credit Union may charge back an image of the Check, an ACH debit, or other electronic or paper debit, as applicable, to your account.

More Definitions of ACH debit

ACH debit means any completed or attempted debit to a Person’s account

ACH debit means an electronic transfer of funds from a payor’s account, as indicated on a signed authorization agreement, that is generated at a payor’s instruction on AZTaxes.gov and cleared through an ACH for deposit to the Department account.

ACH debit means an electronic payment where the electronic transfer of funds from the taxpayer's account at a financial institution is initiated either through the Data Collection Center or online (bank draft) upon the taxpayer's instruction and is cleared through the ACH for deposit to the North Carolina Department of Revenue.

ACH debit means the electronic transfer of funds cleared through the ACH system that is generated by the taxpayer instructing the Department, using the Department's telephonic or Internet Paperless Filing and Payment system, to charge the taxpayer's bank account and deposit the funds to the Department's bank account. See Rule 810­13­1­.10 entitled Procedures for ACH Debit Payment Method.

ACH debit means the payment of funds by electronic means electronic transfer of funds from the taxpayer’s account which is generated upon the taxpayer’s instruction and cleared through the ACH for deposit to the State Treasury.

ACH debit means an electronic transfer of funds from a payer’s account:

ACH debit means the payment of funds by electronic mean from the taxpayer’s account which is generated upon the taxpayer’s instruction and cleared through the Automated Clearing House for deposit to the State Treasury.