Authorized Account User definition

Authorized Account User means each eligible employee, partner, officer, contractor, agent or subcontractor of the Cardholder expressly designated by the Program Administrator to request the issuance of a Transaction Account Number.
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Authorized Account User means Representative to whom the Client has granted by a designated Instruction the authority to act on behalf of the Client in relation to the Bank, in person, through Internet Banking and Phone Banking, with the use of Security Components issued by the Bank for the Authorized Account User. The Authorized Account User is entitled to act for the Client only to the extent of the disposition authority specified by the Client in the Instruction by which the Client has granted the disposal authority to the Authorized Account User. The Bank reserves the right to allow the Authorized Account User to act for the Client within the scope of the granted disposition authority in relation to the Bank exclusively through the Internet Banking and Telephone Banking services.
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Authorized Account User. A person who is authorized by the credit card holder to use the account and the card. The main card holder would be responsible for all the charges made by the authorized user. So, the authorized user can use the card but is not legally responsible for the payments. Authorized Transaction: An approved transaction. Automated Teller Machine: A machine that allows debit or ATM cardholders to draw cash from their savings or checking account or also to make deposits and transfer money from one account to another anytime. To perform all these transactions, a person has to use his magnetically encoded debit or ATM card. Automatic Payment: Automatic payment is the process that provides the facility to automatically transfer money from the savings or checking account to pay credit card bills. However, a consumer should have an account with the same bank that issues the card in order to avail this facility. Automated Clearing House: A nationwide fund transfer network that allows the participating businesses or financial institutions to electronically transfer funds among each other within United States. Available Credit: Available credit is the unused portion of credit, i.e. the amount that remains after deducting the current balance from the credit limit.
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Examples of Authorized Account User in a sentence

  • Authorized Account User – The person or persons authorized to make changes to a customer account including changes to toll carriers as designated by the account holder.

  • The participant is advised to state BIC8 with the addition of XXX for the Authorized Account User who will send and receive payments in the Standard Settlement Model.

  • It is the NSP that issues the technical ad- dresses needed for the implementation of users in RIX-INST, see form I_B9 - Order of user RIX-INST in section 3.2. BICBIC11 is used when implementing a participant and Authorized Account User in RIX- INST.

  • Instead, regarding the inter-ACH settlement, this is done only via the TIPS DCAs. Moreover, as no BIC is registered as Authorized Account User BIC on the AS technical account, the ACH participants will not appear in the TIPS directory as reachable via the ACH, but only via their TIPS DCAs.

  • Customer may transfer rights to use the Service and its related Documentation to an Authorized Account User.

  • An Authorized Account User is an employee of Customer who is duly authorized to access the Service for the purpose of developing Applications.

Related to Authorized Account User

  • Authorized account means a deposit account of a customer in a bank designated by the customer as a source of payment of payment orders issued by the customer to the bank. If a customer does not so designate an account, any account of the customer is an authorized account if payment of a payment order from that account is not inconsistent with a restriction on the use of that account.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Authorized Amount means $ , the maximum principal amount of the Funding Loan under this Funding Loan Agreement.

  • Customer Account Information means personally identifiable information including Personal Data and Consumption Data. Customer Account Information also includes information received by the Company from the customer for purposes of participating in regulated utility programs, including, but not limited to bill pay assistance, shutoff protection, renewable energy, demand-side management, load management, or energy efficiency.

  • Authorized Branches means those Branches of Distributors or Distribution Companies which are allowed by the Management Company to deal in Units of the Funds managed by the Management Company.

  • Authorized Driver means any of the following:

  • Account Application Form means the Personal Account Application Form for International Personal Banking or Wealth and Investment as applicable;

  • Designated Account Bank has the meaning specified therefor in Schedule D-1.

  • Account Information means any information relating to the Account including without limitation to the Account number, Account balance or value, gross receipts, withdrawals and payments to or from the Account.

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Unauthorized Access means the entrance of a person into a restricted area without permission of the operator or the operator’s designated representative.

  • Authorized emergency vehicle means any of the following:

  • Collection Account Control Agreement means that certain Collection Account Control Agreement, to be entered into by and among the Borrower, the Lender and Bank, with respect to the Collection Account, in form and substance acceptable to the Lender and the Borrower, as the same may be amended, modified or supplemented from time to time.

  • Account Application or “Application” shall mean the application, as may be amended from time to time, by which this Agreement is established between the Depositor (or following the death of the Depositor, the Beneficiary) and the Custodian. The statements contained therein shall be incorporated into this Agreement.

  • authorized control level RBC means the number determined under the risk-based capital formula in accordance with the RBC instructions;

  • Collection Account Bank means any of the banks or other financial institutions holding one or more Collection Accounts.

  • Designated Account Property The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

  • account information service means an online service to provide consolidated information on one or more payment accounts held by the payment service user with either another payment service provider or with more than one payment service provider;

  • Authorized User means one named employee, contractor or agent of Customer (each identified by a unique email address) for whom Customer has purchased a subscription to the Subscription Services and who is authorized by Customer to access and use the Services under the rights granted to Customer pursuant to this Agreement.

  • Authorized Instructions shall have the meaning set forth in Section 1.5.

  • Authorized By s/Xxxxxxx X. Xxxxx ACCEPTED: ___/s/Xxx O’Donnell_______ Fund Officer State Street Vice President Authorization Matrix Explanation of Fields Client: Indicate the name of the Client and the Fund name or if multiple funds, attach a list of fund names Primary Source: Indicate the primary source for prices for the security type. If an Investment Manager is a pricing source, please specify explicitly.

  • 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.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Authorized Allocation means an amount equivalent to $1,000,000 to be withdrawn from the Credit Account and deposited into the Special Account pursuant to paragraph 3 (a) of this Schedule.

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.