Bank Transfer Service definition

Bank Transfer Service allows you to transfer funds to your primary deposit account (an “Inbound Bank Transfer”) from an eligible bank account in your name at a U.S. financial institution (your “External Bank Account”). Although we may use any means to execute an Inbound Bank Transfer, we normally use the Automated Clearing House (“ACH”). You cannot use the Bank Transfer Service to transfer funds from your primary deposit account to your External Bank Account or another bank account.
Sample 1Sample 2Sample 3

Examples of Bank Transfer Service in a sentence

  • Before you may use the Bank Transfer Service, we will verify your ownership of your External Bank Account by: (i) accessing your account information at the applicable U.S. financial institution and/or (ii) asking you to provide proof of your ownership.

  • You must link your checking or savings accounts to the Service and then register both those linked accounts with us and your checking or savings accounts at the other financial institution with the Bank to Bank Transfer Service in order to initiate Bank to Bank Transfers between them.

  • There is no fee for Inbound Transfers that you initiate through the Bank to Bank Transfer Service.

  • The limits applicable to the Bank Transfer Service are subject to change.

  • By using the Bank Transfer Service, you authorize us to act as your agent and attorney-in-fact for the limited purpose of gathering information about your External Bank Account, communicating with others regarding your transfer instructions, and processing your transfers via the Bank Transfer Service.

  • We will assess you a Bank to Bank Transfer Fee of $3.00 for each Outbound Transfer that you initiate through the Bank to Bank Transfer Service.

  • If you enroll in our Bank to Bank Transfer Service you may use the Service to initiate One-Time Immediate Transfers, One-Time Future Transfers and Recurring Transfers to or from a checking or statement savings account with us to or from a checking or savings account that you own at another financial institution.

  • You may cancel a transfer at any time until it begins processing (as shown in the Bank to Bank Transfer Service).

  • We may decline to complete a transfer via the Bank Transfer Service if: (i) we believe it may involve or result in a violation of applicable law or expose us to liability or risk of loss; (ii) we are unable to authenticate your Account or your External Bank Account; (iii) there are insufficient funds available for the transfer; (iv) the transfer instructions are unclear, ambiguous, or incomplete; (v) we identify a security risk involving the transfer; or (vi) as otherwise stated in this Agreement.

  • Applicable fees will be disclosed in the user interface for, or elsewhere within, the Bank to Bank Transfer Service or Site.

Related to Bank Transfer Service

  • Electric related service means a service that is directly related

  • area control service means air traffic control service for controlled flights in control areas;

  • Selling Institution The entity obligated to make payments to the Issuer under the terms of a Participation Interest.

  • Toll Billing Exception Service (TBE) means a service that allows End Users to restrict third number billing or collect calls to their lines.

  • payment initiation service means a service to initiate a payment order at the request of the payment service user with respect to a payment account held at another payment service provider;

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

  • Nonparticipating Financial Institution means a nonparticipating FFI, as that term is defined in relevant U.S. Treasury Regulations, but does not include a [FATCA Partner] Financial Institution or other Partner Jurisdiction Financial Institution other than a Financial Institution identified as a Nonparticipating Financial Institution pursuant to paragraph 2 of Article 5.

  • Telephone Toll Service is As Defined in the Act.

  • Plain Old Telephone Service (POTS) means telephone service for the transmission of human speech.

  • Residential service means water service provided for domestic or irrigation purposes in a residential area and is not considered a commercial service.

  • Registered in the System for Award Management (SAM means that–

  • Transfer student A student who enters a participating college or university after earning college-level credit at another college or university.

  • aerodrome control service means air traffic control service for aerodrome traffic;

  • Registered in the System for Award Management (SAM) database means that—

  • Participating Financial Institution means a Financial Institution that has been approved by the Authority to enroll Qualified Loans in the Program and has agreed to all terms and conditions set forth in the Law and this Article and as may be required by any applicable federal law providing matching funding.

  • Network Transmission Service means transmission service provided pursuant to the rates, terms and conditions set forth in Tariff, Part III, or transmission service comparable to such service that is provided to a Load Serving Entity that is also a Transmission Owner.

  • Sending institution means the institution of higher education of most recent previous enrollment by a transfer student at which transferable academic credit was earned.

  • Toll Billing Exception Service (TBE means a service that allows End Users to restrict third number billing or collect calls to their lines.

  • Commercial Service means water service provided by the water utility that the customer uses in the promotion of a business or business product that is a source of revenue or income to the customer or others using the premises.

  • Appropriate office of the state employment service system means the local office of the federal-state national system or public employment offices with assigned responsibility for serving the area where the employment opening is to be filled, including the District of Columbia, Guam, Puerto Rico, and the Virgin Islands.

  • Flood-related erosion area management means the operation of an overall program of corrective and preventive measures for reducing flood-related erosion damage, including but not limited to emergency preparedness plans, flood-related erosion control works and floodplain management regulations.

  • Notification Email Address means the email address (if any) designated by Customer, via the user interface of the Processor Services or such other means provided by Google, to receive certain notifications from Google relating to these Data Processing Terms.

  • Participating institution means an "institution" as defined in KRS 164.001 that actively participates in the federal Pell Grant program, executes a contract with the authority on terms the authority deems necessary or appropriate for the administration of its programs, and:

  • Toll Free Service is service provided with any dialing sequence that invokes toll-free, 800-like, service processing, for example for illustration only, 800 or 800-like services. Toll Free Service includes but is not limited to calls placed to 800/888 NPA Service Access Codes (SAC).

  • Non-Participating Home Infusion Therapy Provider means a Home Infusion Therapy Provider who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Payment Initiation Service Provider or “PISP” means an authorised third party provider which provides a service that allows that third party to pass payment instructions to us on your behalf in relation to your Account.