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

• By linking an external account, you authorize us to initiate automated clearinghouse (ACH) debit or credit entries to such external accounts.

• For the Prestige Checking account only, failure to conduct one ACH credit transaction and to have one ACH debit transaction posted to your Account each statement period will result in a service charge being assessed.

• Such charge will take the form of an Automated Clearing House (ACH) debit entry or other electronic transfer.

• The Employer agrees to transmit all Legal Fund contributions electronically via ACH debit utilizing the SEIU 32BJ District 36 Benefit Funds EmployerXg Portal unless otherwise directed in writing for means other than electronic transmittals.

• Requests for Compliance Information: By collecting funds via ACH debit Transactions and as required by the Nacha Operating Rules, you will provide information and documentation requested by SkyFi, SkyFi’s ACH Service Provider, or XXXX Xxxxx for the purpose of ensuring your compliance with these Terms and the Nacha Operating Rules upon reasonable notice.

More Definitions of ACH debit

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 any completed or attempted debit to a Person’s 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 810-13-1-.10 entitled Procedures for ACH Debit Payment Method.

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

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 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 ACH for deposit to the State Treasury.