Examples of Authorised Account in a sentence
Authorised Account Information Services Provider – A third party payment service provider which is authorised by its Regulator to provide Account Information Services to you with your explicit consent and under a separate agreement which you have signed with them.
An Authorised Account will be treated as a Nominated Account of the Related Account User.
A Related Account User has full Hub access to the Authorised Account as if the Related Account User was the owner of the Authorised Account.
You, the Account holder, do not need to register for the Hub to establish Related Account Access to an Authorised Account.
If a Related Account User ceases to be a signatory on an Authorised Account, or ceases to have authority to operate that Account individually, then we will process a cancellation of the Related Account Access for that Related Account User.
A transaction performed on an Authorised Account by a Related Account User is subject to the same daily Pay Anyone limit that applies to the Related Account User’s own Hub profile.
A Pay Anyone Payment from an Authorised Account by a Related Account User is subject to the same daily Pay Anyone limit that applies to the Related Account User’s Hub Profile.
Authorised Account Holder The person(s) or organisation which opens a CAF Account and/or assumes all of the rights and obligations under our Agreement.
A transaction performed on an Authorised Account by a Related Account User is subject to the same daily Pay Anyone limit that applies to the Related Account User’s own Hub Profile.
I/We agree to indemnify the Trustee against any action, liability, cost, claim, loss, damage, proceeding or expense (include legal fees, costs and expenses on a full indemnity basis) suffered by the Trustee arising either directly out of or in connection with the Trustee accepting the Designated E-mail(s) Address furnished by me/us, sending the one-time Advanced Mode Login password(s) as well as executing the on-line instruction(s) given by Authorised Account Administrator.