Authorized Bank Account definition

Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.
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Authorized Bank Account means a demand deposit account at a top tier United States banking institution with deposits of no less than $100 billion and a credit rating of AA-/AA3 or higher from Standard & Poor’s or Moody’s, respectively.
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Authorized Bank Account means any Officially Designated bank account towhich redemption proceeds may be sent.
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Examples of Authorized Bank Account in a sentence

  • In the event the Members determine that a Campus Crest Triggering Event has not occurred, then Campus Crest shall have the right to reinstate the authority of the Campus Crest Authorized Bank Account Signatory with respect to the applicable bank or financial accounts.

  • The Customer acknowledges and agrees that Directa has the power to withdraw all the assets or financial instruments from the Customer’s Authorized Bank Account as needed to carry out Di- recta’s services pursuant to this agreement and to execute the Customer’s orders as per the Customer’s instructions to Directa.

  • Campus Crest may authorize one or more individuals to sign checks on and withdraw funds from such bank or financial accounts (each, a “Campus Crest Authorized Bank Account Signatory”).

  • If HSRE notifies Campus Crest that it reasonably believes, in good faith, that a Campus Crest Triggering Event has occurred, HSRE shall have the right, with or without further cause, in its sole and absolute discretion, to revoke the authority of any Campus Crest Authorized Bank Account Signatory and to appoint the HSRE Bank Account Representative as a replacement for such Campus Crest Authorized Bank Account Signatory.

  • Name of Authorized Bank Account Signatory orCardholder (print)Signature of Authorized Bank AccountSignatory or CardholderDate (mm/dd/yyyy) 6.

  • Electoral Bonds can be allotted provided the remittance is received in Authorized Bank Account at SBI within the stipulated time frame.

  • You must update your Account information to reflect any change to the username or password that is associated with any Authorized Bank Account.

  • In the Aluk To Dolo rite, only aristocrats have the right to hold a large funeral party.

  • If you choose to provide your Authorized Bank Account credentials to us, you authorize us to use this information to provide you with the Services.

  • If you choose to provide your Authorized Bank Account credentials to us, you authorize us to use this information to provide you with the services we offer through the Pay Tgthr Card Services.


More Definitions of Authorized Bank Account

Authorized Bank Account means any Officially Designated bank account to
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Authorized Bank Account means any Officially Designated bank account to which redemptionproceeds may be sent.
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Related to Authorized Bank Account

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • 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.

  • Checking Account means a Demand Deposit account (DDA), a Negotiable Order of Withdrawal (NOW) account, a Savings account and a Money Market account at the Bank that you open through the Bank website; "Account" includes any Checking, Certificate of Deposit, or Savings account at the Bank opened through the Website or in person; "Card" means an automated teller machine card and/or a VISA debit card that accesses your Checking, Savings, Money Market, or NOW account; "PIN" means the personal identification number you use in connection with your Card; "Password" means the password you use to access the Website and your Bank Accounts through a personal computer or other electronic terminal; "Access Device" means your Card, Password, or other device or code we make available to you to access your Accounts; "Business Day" means Monday through Friday, except federal holidays; and "Authorized User" means any person you authorize or permit to use your Card, Password or other Access Device to access your Accounts, whether that person uses the Access Device to obtain information or to conduct a transaction. This EFT Agreement is part of the Banking Documents. Other terms used in this EFT agreement may be defined elsewhere in the Banking Documents. • ATM Safety • Funds Transfers • Other Electronic Fund Transfer Services • Liability For Unauthorized Electronic Transfers • Other Electronic Fund Transfer Services Types of Transactions‌ We offer the following types of Electronic Fund Transfers (EFT) Services for your Checking Account. • Direct Deposits. You can arrange for direct deposits to your checking and savings account(s). • Preauthorized Credits/Debits. We accept, on your behalf preauthorized Credits/Debits drawn on your Deposit Accounts which allow unrestricted activity. Through our electronic bill payment service, you are able to electronically transfer funds from your Deposit Account to other parties, provided the account allows such activity. We may conduct these transactions via Automated Clearinghouse (ACH) transfer. We may also accept and direct funds by wire transfer. Each of these services has unique fees associated with the transaction. Please consult our Schedule of Fees herein. When you provide the party initiating the withdrawal or deposit with advance authorization to make recurring ACH transfers to or from your Account, the transfers are referred to as "preauthorized transfers." Because these preauthorized transfers are performed electronically through the ACH, they are governed by federal regulations pertaining to EFT Services, which entitle you to certain benefits and protections in connection with the EFT Services, such as the right to receive a copy of your written authorization to make preauthorized transfers from your Account from the party that obtains it. • ATM and Point-of-Sale Transactions. ATM Transactions. ATM Cards issued by us to you remain our property and you may be requested to return the Card to us at any time for any reason. Each card is used in conjunction with an authorizing Personal Identification Number ("PIN"). To guard against someone initiating a transaction that you have not authorized, you must take all reasonable precautions to prevent any other person from learning your PIN. If you permit or authorize another person to use your Card and PIN, you will be liable for all resulting transactions. You may use your Card at ATMs which are a part of an Electronic Funds Transfer service network to which the Bank belongs ("EFT network"). ATM withdrawals are available up to the daily authorization limits disclosed below, provided the available balance in the Deposit Account associated with your card is greater than or equal to the amount requested, plus any fees that may be charged along with the cash disbursement. • Withdraw cash from your Checking Account. • Find out your Checking Account balances. • Transfer funds between your own accounts at the Bank (if available on the ATM in use). • Withdraw cash from your Savings Account. • Make deposits to your own accounts.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • Direct Account : means any Account which is not an ISA Account.

  • Authorized Investments means: any investment which may be authorized by the Commission but does not include restricted investments as specified in the Offering Documents from time to time.