ACH Payment definition

ACH Payment means any payment Company requests American Express make through ACH to Company’s designated Suppliers via the Portal.
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ACH Payment or “ACH” means an Automated Clearing House method of transferring funds under the provisions of 31 CFR Part 210.
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ACH Payment refers to a type of electronic fund transfer sent through the ACH network to transfer money to a Payee’s account, which includes both Standard ACH Payments and Same-Day ACH Payments.
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Examples of ACH Payment in a sentence

  • The Vendor ACH Payment Program of the City allows payments to be deposited directly to a designated financial institution account.

  • See Appendix I for ACH Payment Information, if you elect to receive your payments according to Appendix I, fill out the form and return with your documents.

  • See Appendix H for ACH Payment Information, if you elect to receive your payments according to Appendix H, fill out the form and return with your documents.

  • The following documents are attached for use per agency requirements, as appropriate: ATTACHMENT 1 – Request for Advance or Reimbursement, SF-270 ATTACHMENT 2 – Federal Financial Report, SF-425 ATTACHMENT 3 – ACH Payment Enrollment, SF-3881 ATTACHMENT 4 – Example CESU Project Award Modification Template Attachment documents 1, 2, 3, and 4 are available on the CESU Network website (xxx.xxxx.xxx).

  • The Awardee consents to the use of the Automated Clearing House (ACH) Payment System and to the deposit of award funds directly into the Pledged Deposit Account.

  • The Contractor ACH Payment Program of the City allows payments to be deposited directly to a designated financial institution account.

  • The University further agrees to send a check or ACH Payment to the Union for all union dues and/or agency shop fee deductions which have been requested by employees or is required for employees covered by this Agreement.

  • The Contractor agrees that TBR shall issue payment for all goods and/or services under this Agreement via ACH Payment and Contractor agrees that no payment shall be made prior to the completion of the Substitute W-9/ACH Authorization Form.

  • If selecting the ACH Payment Plan, an ACH account will be setup with FACTS Management Company which specializes in payment processing and serves Indian Rocks Christian School for all installment payment plans.

  • Request for Advance or Reimbursement, SF-270 ATTACHMENT 2 – Federal Financial Report, SF-425 ATTACHMENT 3 – ACH Payment Enrollment, SF-3881 ATTACHMENT 4 – Example Modification Template Attachment documents available on CESU Network website (www.cesu.org).


More Definitions of ACH Payment

ACH Payment is defined in Section 11.1.”
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ACH Payment means any payment you request us to make through ACH to your designated Suppliers; “ACH Payment Service” means the payment method by which we permit you to request, and we make, ACH Payments; and “Nacha Rules” mean the operating rules and guidelines of Nacha or any other ACH used to process ACH Payments, as such rules are in effect from time to time. You may choose between the following options made available by us through the Service: (i) the ACH File Service (as defined below), whereby we generate ACH Files (as defined below) for processing by your bank or (ii) the ACH Payment Service, whereby you may send ACH Payments to your Suppliers in the United States. You acknowledge and agree that this is a one-time election and that upon making your election during initial Account set up, you will not be able to change your election thereafter. You further acknowledge and agree that the aggregate amount of ACH Payments you may process over a given period of time through the ACH Payment Service may be subject to certain limitations as set by us in our sole discretion. Contact your AMEX representative for additional details.
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Related to ACH Payment

  • Debit Payment means a particular transaction where a debit is made.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Mistaken Internet Payment means a payment by a user through a ‘Pay Anyone’ internet banking facility and processed by an ADI through direct entry where funds are paid into the account of an unintended recipient because the user enters or selects a Bank/State/Branch (BSB) number and/or identifier that does not belong to the named and/or intended recipient as a result of:

  • Payment Item means each check, draft or other item of payment payable to a Borrower, including those constituting proceeds of any Collateral.

  • Delta Payment means as it is described in this Agreement.

  • Bill Payment is the online service that enables the scheduling of bill payments using a personal computer;

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Gross-Up Payment shall have the meaning set forth in Section 6.2 hereof.

  • Payment Recipient has the meaning assigned to it in Section 11.12(a).

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Interim Payment has the meaning specified in Section 10.1.

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Cash Receipts means all cash receipts of the Company from whatever source derived, including without limitation capital contributions made by the Member(s); the proceeds of any sale, exchange, condemnation or other disposition of all or any part of the assets of the Company; the proceeds of any loan to the Company; the proceeds of any mortgage or refinancing of any mortgage on all or any part of the assets of the Company; the proceeds of any insurance policy for fire or other casualty damage payable to the Company; and the proceeds from the liquidation of assets of the Company following termination.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Third Party Payment means payment through an instrument issued from a bank account other than that of the beneficiary investor. In case of payments from a joint bank account, the first named investor/holder of the mutual fund folio has to be one of the joint holders of the bank account from which payment is made.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Adjustment Payment means, in respect of any Security, the payment (if any) determined by the Determination Agent as is required in order to reduce or eliminate, to the extent reasonably practicable, any transfer of economic value to or from the Issuer as a result of the replacement of the Index by the Alternative Pre-nominated Index. The Determination Agent may determine that the Adjustment Payment is zero.

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.