Associated Bank Account definition

Associated Bank Account means the current or savings bank account
Associated Bank Account means the current or saving bank account maintained by the client (either solely or jointly with another or others) with the Designated Bank, and which account has been designated by the account holder(s) as an Associated Bank Account for the purposes of the Services. "Associated Depository Account" means the depository account maintained by the client (either solely or jointly with another or others) with the Designated Bank (as the depository participant) and which account has been designated by the account holder as an Associated Depository Account(s) for the purposes of the Services.
Associated Bank Account means the current or saving bank account(s) maintained by the Client (either solely or jointly with another or other or others) with the Designated Bank, and which account(s) has/have been designated by the account holder(s) as an Associated Bank Account(s) for the purposes of this Agreement.

Examples of Associated Bank Account in a sentence

  • After initiation of your request, we will process the cross-border settlement instruction on your behalf in accordance with your transfer request, in collaboration with PayPal Cooperative Service Parties, including the provision of currency conversion through PayPal Cooperative Service Parties, filing data reporting in accordance with applicable Laws and regulatory requirements, and settlement of the funds into your Associated Bank Account.

  • Prior to the termination of the Service, we and PayPal Service Cooperative Providers will continue to process any transfer requests, to complete the settlement to your Associated Bank Account, unless the process or settlement is not allowed in accordance with the applicable Laws or regulatory requirements.


More Definitions of Associated Bank Account

Associated Bank Account means the current or saving bank account(s) or any funds account maintained by the Client (either solely or jointly with another or others) with the Designated bank(s) or such other Business Associate(s) as PhillipCapital may nominate for the purpose of depositing funds, and which account(s) has/ have been designated by the Client as an Associated Bank Account(s) for the purposes of this Document.

Related to Associated Bank Account

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Savings and loan association means an association established under Act No. 156 of the Public Acts of 1964, as amended, being sections 489.501 to 489.920 of the Michigan Compiled Laws, or a federal savings and loan association established under the laws of the United States having its main office in this state.

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Eligible Institution Any of the following: