Bank Service definition

Bank Service or “Bank Product” shall mean products, services, as well as other activities or any of them, which the Bank provides to Clients, and unless otherwise implied by the contents of the particular provision, the term also includes the Investment Services.
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Bank Service means the combination of account accessibility, fund transfers, account balance inquiry, and transaction summary services exclusive of xxxx payments described in Exhibit B hereof.
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Bank Service means the service operated by Dext which enables You to extract bank statements and/or to obtain a feed ofYour bank account data from a Connected Bank. “Bank Service Feature Authorised Partner” means the authorised third party (authorised by the Financial Conduct Authority in the UK or any equivalentregulator in other jurisdictions) We use to access Your account with a Connected Bank in order to provide the “Bank Service” feature. “Supported Bank” means those banks, as may be added to or varied from time to time, from which the Service is capable of fetching bank statements and/or obtaining a feed of Your bank account data. The current list of SupportedBanks in Your jurisdictions can be provided upon request.
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Examples of Bank Service in a sentence

  • By entering into this Agreement, Fiserv agrees that the Office of Thrift Supervision, FDIC, or other regulatory agencies having authority over Client's operations shall have the authority and responsibility provided to the regulatory agencies pursuant to the Bank Service Corporation Act, 12 U.S.C. 1867(C) relating to services performed by contract or otherwise.

  • If Service Organization is not a banking organization that is prohibited from performing such services (a "Bank"), Service Organization also agrees to provide the distribution and marketing services set forth on Schedule A hereto.

  • In case of one or more current due/overdue debt/liability against the Bank, if the amount on the Customer’s account is not/will not be sufficient to fully cover more than one due/overdue debt/liability, the Customer is authorized to visit the Bank Service Centre no later than the end of the working hours of the day when such case takes place and choose the order of payment of more than one due/overdue debt/liability.

  • Use of IFIC Aamar Bank Service is subject to the following terms and conditions which set out the general rights and obligations of the User(s) and IFIC Bank Ltd in connection with the use of IFIC Aamar Bank.For the purpose of this document, “Aamar Bank” or “Online Banking/Mobile Banking” refers to the Aamar Bank services provided by IFIC Bank Limited through the internet such as balance enquiry, bill payment, fund transfer within the accounts of IFIC Bank Limited/Other banks etc.

  • ING Bank offers the following services of issuance of remote access Payment instruments, internet banking type: (a) InsideBusiness Payments CEE (IBP CEE) Service (b) Home Bank Service and (c) ING Business Service, under the issuing and usage conditions stipulated within the specific contracts.

  • A bank service provider is required to notify at least two individuals at each affected banking organization customer immediately after the bank service provider experiences a computer- security incident that it believes in good faith could disrupt, degrade, or impair services provided subject to the Bank Service Company Act (12 U.S.C. 1861–1867) for four or more hours.

  • Section 25A of the Fed- eral Reserve Act is classified to subchapter II (§ 611 et seq.) of chapter 6 of this title.The Bank Service Company Act, referred to in sub- sec.

  • The parties agree that, to the extent applicable under the provisions of the Bank Service Company Act, they may be subject to examination by the OCC for the services provided in connection with this Agreement.

  • Form 6120/06 may be used to satisfy the notice re- quirement for bank service arrange- ments that is contained in section 7 of the Bank Service Corporation Act (12U.S.C. 1867), as amended.

  • The objective of this paper is to introduce the Cloud Bank Service Level Agreement (CBSLA), which is based on the Cloud Bank environment.


More Definitions of Bank Service

Bank Service means service as an employee of the Bank from the commencement date of employment by the Bank.
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Related to Bank Service

  • Current service means the number of years and months of employment as an

  • Class of Service means the various categories of service generally available to customers, such as business or residence.

  • CMU Service means the Central Moneymarkets Unit Service, operated by the Hong Kong Monetary Authority;

  • Fitch Eligible Assets means the assets of the Company set forth in the Fitch Guidelines as eligible for inclusion in calculating the Agency Discounted Value of the Company’s assets in connection with Fitch’s ratings then assigned on the MRP Shares.

  • Settlement Service as defined in Subsection 11.6(b).

  • Qualified Bank means a U.S. commercial bank or the U.S. branch office of a foreign bank, in either case, having (x) assets on its most recent audited balance sheet of at least $10,000,000,000 and (y) a rating for its senior long-term unsecured debt obligations of at least (A) “A-” by S&P and “A3” by Moody’s, if such entity is rated by both S&P and Moody’s or (B) “A-” by S&P or “A3” by Moody’s, if such entity is rated by either S&P or Moody’s but not both.

  • Head of Paid Service means the person designated as such by the Council under Section 4 of the 1989 Act

  • Cross-Collateralized Group Any group of Mortgage Loans that are cross-collateralized and cross-defaulted with each other; provided that a Mortgage Loan shall be part of a Cross-Collateralized Group only if and for so long as such Mortgage Loan is cross-collateralized and cross-defaulted with each other Mortgage Loan in such Cross-Collateralized Group. There are no Cross-Collateralized Groups included as assets of the Trust as of the Closing Date.

  • putting into service means the stage at which a device, other than an investigational device, has been made available to the final user as being ready for use on the Union market for the first time for its intended purpose;

  • Bank Product Reserve means the aggregate amount of reserves established by the Administrative Agent from time to time in its Permitted Discretion in respect of Secured Bank Product Obligations.

  • Continuous Service means that the Participant’s service with the Company or an Affiliate, whether as an Employee, Director or Consultant, is not interrupted or terminated. A change in the capacity in which the Participant renders service to the Company or an Affiliate as an Employee, Consultant or Director or a change in the entity for which the Participant renders such service, provided that there is no interruption or termination of the Participant’s service with the Company or an Affiliate, will not terminate a Participant’s Continuous Service; provided, however, that if the Entity for which a Participant is rendering services ceases to qualify as an Affiliate, as determined by the Board, in its sole discretion, such Participant’s Continuous Service will be considered to have terminated on the date such Entity ceases to qualify as an Affiliate. To the extent permitted by law, the Board or the chief executive officer of the Company, in that party’s sole discretion, may determine whether Continuous Service will be considered interrupted in the case of (i) any leave of absence approved by the Board or chief executive officer, including sick leave, military leave or any other personal leave, or (ii) transfers between the Company, an Affiliate, or their successors. Notwithstanding the foregoing, a leave of absence will be treated as Continuous Service for purposes of vesting in an Award only to such extent as may be provided in the Company’s leave of absence policy, in the written terms of any leave of absence agreement or policy applicable to the Participant, or as otherwise required by law.

  • financial service means any service of a banking, credit, insurance, personal pension, investment or payment nature;

  • Level of service has the meaning set forth in Section 2.02(c).

  • Replacement Service Provider means any third party service provider appointed to perform the Services by the Purchaser from time to time.

  • Length of Service means total length of time within the Agency. For the purpose of this definition any service prior to a break-in-service with the Agency of more than ninety (90) days shall not be computed in determining length of service. (This will not preclude a reinstatement of a former Agency employee who has been separated from state service for ninety (90) days or less.)

  • Bank Product Reserves means all reserves which the Agent from time to time establishes in its reasonable discretion for the Bank Products then provided or outstanding.

  • Self-service display means the open display or storage of Tobacco Products or Tobacco Paraphernalia in a manner that is physically accessible in any way to the general public without the assistance of the retailer or employee of the retailer and a direct person-to-person transfer between the purchaser and the retailer or employee of the retailer. A vending machine is a form of Self-Service Display.

  • Bank Product Collateralization means providing cash collateral (pursuant to documentation reasonably satisfactory to Agent) to be held by Agent for the benefit of the Bank Product Providers (other than the Hedge Providers) in an amount determined by Agent as sufficient to satisfy the reasonably estimated credit exposure with respect to the then existing Bank Product Obligations (other than Hedge Obligations).

  • Continuous Service Status means the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) sick leave; (ii) military leave; (iii) any other leave of absence approved by the Administrator, provided that such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to Company policy adopted from time to time; or (iv) in the case of transfers between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates or their respective successors. A change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status.

  • Eligible Bank means a bank or trust company that (i) is organized and existing under the laws of the United States of America or Canada, or any state, territory, province or possession thereof, (ii) as of the time of the making or acquisition of an Investment in such bank or trust company, has combined capital and surplus in excess of $500.0 million and (iii) the senior Debt of which is rated at least “A-2” by Moody’s or at least “A” by Standard & Poor’s.

  • related service means the services incidental to the supply of the Goods, such as transportation, insurance, installation, training and initial maintenance and other such obligations of the Supplier under the Contract.

  • Bank Products Provider means any Lender or Affiliate of a Lender that provides Bank Products to the Borrower or any Guarantor.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Break in Service means any Plan Year, or, for the initial eligibility computation period under Section 3.2, the 12-consecutive month period beginning on the first day of which an Employee has an Hour of Service, in which an Employee has 500 or fewer Hours of Service. Solely for this purpose, an Employee shall be considered employed for his normal hours of paid employment during a Recognized Absence (said Employee shall not be credited with more than 501 Hours of Service to avoid a Break in Service), unless he does not resume his Service at the end of the Recognized Absence. Further, if an Employee is absent for any period (i) by reason of the Employee’s pregnancy, (ii) by reason of the birth of the Employee’s child, (iii) by reason of the placement of a child with the Employee in connection with the Employee’s adoption of the child, or (iv) for purposes of caring for such child for a period beginning immediately after such birth or placement, the Employee shall be credited with the Hours of Service which would normally have been credited but for such absence, up to a maximum of 501 Hours of Service.

  • Eligibility Service of an employee means the period or periods of service credited to him under the provisions of Article II for purposes of determining his eligibility to participate in the Plan as may be required under Article III or Article VI.

  • Termination of Service means: