Banking Transaction definition

Banking Transaction. (hereinafter ‘transaction’) means the formation, alteration or termination of relationships established under the law of obligations between a bank or a foreign bank branch and its client, and any operation related to the banking business, including the handling of deposits;
Banking Transaction. (hereinafter ‘transaction’) means the formation, alteration or termination of relationships established under the law of obligations between a bank or a
Banking Transaction means a transaction effected through a Bank Account by the use of the Card and the PIN.

Examples of Banking Transaction in a sentence

  • Your use of the software service provided by the PISP shall be subject to the terms and conditions set out in Annex 1 below The charge for an Open Banking Transaction shall be as indicated on the Statement of Work.

  • The blocked amount at the authorization moment of the Banking Transaction made by Card in foreign acceptance network takes maximum 30 (thirty) days for settlement.

  • Disposal of an Account is defined in the specific business conditions for the respective Banking Transaction.

  • Authorised PersonA person authorised to dispose of funds on an Account Holder’s Account and to dispose of the Account Holder’s Account in the scope laid down by these GBC and the applicable specific Business Conditions for the respective Banking Transaction, as referred to in the Disposal Authorisation document for the Account.

  • Where any condition in these Terms and Conditions conflicts with any other term or condition applying to your Account(s) in respect of an Internet Banking or Mobile Banking Transaction, these Terms and Conditions prevail.

  • Other terms relating to the transaction account to which the Facility is attached are set out in:• the ‘ANZ Business Banking Transaction Accounts Terms and Conditions’ booklet(anz.com/business-transaction-account-terms-pdf); and• the ‘ANZ Business Banking Transaction Accounts Fees and Charges’ booklet(anz.com/business-transaction-account-fees-pdf).

  • These fees and other charges are in:• your Letter of Offer;• each Specific Conditions of Use;• the ‘ANZ Business Banking Finance Fees and Charges’ booklet;• the ‘ANZ Business Banking General Service Fees and Charges’ booklet; and• the ‘ANZ Business Banking Transaction Accounts Fees and Charges’ booklet but only for Facilities attached to a transaction account.

  • Underperformance RiskShould the Underlying Asset’sfull extent of you application may not be satisfied and any payments received in excess of the total trade size initially agreed will be returned to the Investor.

  • We reserve the right to refuse to make any Mobile Banking Transaction you request.

  • Audit Committee (2) Remuneration Committee (3) Shareholders & Investors Grievance Committee (4) Banking Transaction Committee (Non statutory Committee).


More Definitions of Banking Transaction

Banking Transaction means any withdrawal, transfer and/or any other banking transaction (other than cash advance) involving any of the designated accounts of the Cardmember effected with the use of the PIN with or without the Card, at ATMs, CSH or otherwise; “CSH” means the “Hang Seng Credit Card 24-hour Customer Service Hotline; “CSH Services” means the banking, credit card and other account related services from time to time offered by Hang Seng on a 24-hour basis under CSH in accordance with Clause 21; “Card” means any of the World Mastercard Card, Visa Infinite Card, Platinum Mastercard Card, Visa Platinum Card, CUP Platinum Card and Renminbi Platinum Card from time to time issued by Hang Seng either as a principal card or as a supplementary card; or such specialised card as World Mastercard Card, Visa Infinite Card, Platinum Mastercard Card, Visa Platinum Card, CUP Platinum Card and Renminbi Platinum Card or (only in the case of a supplementary card) a Private Label Card from time to time issued by Hang Seng either as a principal card or as a supplementary card which carries the identity of an Affinity Group or any design as agreed between Hang Seng and the Affinity Group and is marketed to persons, including without limitation, all or any selected members or customers of such Affinity Group pursuant to the affinity card programme agreement or arrangement between such Affinity Group and Hang Seng; “Card Association” means each of Mastercard International Incorporated, Visa International Service Association and China UnionPay Company Limited and their respective successors and assigns; “Card Transaction” means any purchase of goods and/or services or any cash advance effected by the use of the Card or any transaction effected pursuant to the provision of the Services whether the same is authorised by the Cardmember or not (unless Clause 18(b) applies) and, where the context permits, includes e-shopping Card Transactions and Contactless Transactions; “Cardmember” means any person to whom the Card is issued by Hang Seng and includes any person to whom an e-shopping Card Account Number Hang Seng has assigned (for the avoidance of doubt, e-shopping Card Account Number may only be assigned to a Principal Cardmember) and, where the context permits or requires, includes a Principal Cardmember and a Supplementary Cardmember, and their respective personal representatives and lawful successors; “Credit Card Account” means the account opened and maintained by the Cardmember with Han...
Banking Transaction means any withdrawal, transfer and/or any other banking transaction (other than cash advance) involving any of the designated accounts of the Cardmember effected with the use of the PIN with or without the Card, at ATMs, CSH or otherwise;
Banking Transaction means a transaction effected through a Bank Account by the use of the Card and the PIN. (h) “Card” means, a Credit Card, a Dual Currency Credit Card, an Internet Credit Card, an Affiliate Card, a Debit Card or any other card (howsoever described) including Visa Card, Mastercard and UnionPay Card, whether Principal Card or Supplementary Card, issued by the Bank alone or in conjunction with another institution, which Card may be a physical Card or may comprise of a Card Account only. (i) “Card Account” means the account opened and maintained by the Bank in connection with the use of the Card (including an account comprised in the Card). (j) “Card Transaction” means the supply of goods or services paid for by the use of the Card. (k) “Cardholder” means both the Principal Cardholder and Supplementary Cardholder. (l) “Debit Card” means a Card that can be used to obtain cash or make payment at a point of sale by drawing on and debiting the Cardholder’s available balance in the Card Account. (m) “Dual Currency Credit Card” means a Credit Card with two Card
Banking Transaction means a transaction effected through a Bank Account by the use of the Card and the PIN. (h) “Card” means, a Credit Card, a Dual Currency Credit Card, an Internet Credit Card, an Affiliate Card, a Debit Card or any other card (howsoever described) including Visa Card, Mastercard and UnionPay Card, whether Principal Card or Supplementary Card, issued by the Bank alone or in conjunction with another institution, which Card may be a physical Card or may comprise of a Card Account only. (i) “Card Account” means the account opened and maintained by the Bank in connection with the use of the Card (including an account comprised in the Card). (j) “Card Transaction” means the supply of goods or services paid for
Banking Transaction means any real estate related financial transactions entered into after the effective date hereof that: any regulated FI engages in or contracts for; and requires the services of an appraiser.
Banking Transaction means any withdrawal, transfer and / or any other banking transaction (other than cash advance) involving any of the designated accounts of the Cardmember effected with the use of the PIN with or without the Card, at ATMs, CSH or otherwise;

Related to Banking Transaction

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Issuer or any Restricted Subsidiary pursuant to which the Issuer or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Receivables Assets (which may include a backup or precautionary grant of security interest in such Receivables Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person that is not a Restricted Subsidiary; provided that any such Person that is a Subsidiary meets the qualifications in clauses (1) through (3) of the definition of “Receivables Subsidiary.”

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Financing Transaction means a transaction in which a licensed provider obtains financing from a financing entity including any secured or unsecured financing, any securitization transaction, or any securities offering which is either registered or exempt from registration under federal and state securities law.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Financing Transactions means the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, the borrowing of Loans, the use of the proceeds thereof and the issuance of Letters of Credit hereunder.

  • Hedging Transactions means, with respect to any or all of the Purchased Loans, any short sale of U.S. Treasury Securities or mortgage-related securities, futures contract (including Eurodollar futures) or options contract or any interest rate swap, cap or collar agreement or similar arrangements providing for protection against fluctuations in interest rates or the exchange of nominal interest obligations, either generally or under specific contingencies, entered into by Seller or the underlying obligor with respect to any Purchased Loan and pledged to Seller as collateral for such Purchased Loan, with one or more counterparties whose unsecured debt is rated at least AA (or its equivalent) by any Rating Agency or, with respect to any Hedging Transaction pledged to Seller as additional collateral for a Purchased Loan, such other rating requirement applicable to such Hedging Transaction set forth in the related Purchased Loan Documents or which is otherwise reasonably acceptable to Buyer; provided that Seller shall not grant or permit any liens, security interests, charges, or encumbrances with respect to any such hedging arrangements for the benefit of any Person other than Buyer.

  • Hedging Transaction means any short sale (whether or not against the box) or any purchase, sale or grant of any right (including, without limitation, any put or call option) with respect to any security (other than a broad-based market basket or index) that includes, relates to or derives any significant part of its value from the Common Stock.

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • Public-finance transaction means a secured transaction in connection with which:

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • Qualifying Transaction means a transaction where a CPC acquires Significant Assets, other than cash, by way of purchase, amalgamation, merger or arrangement with another Company or by other means.

  • Hostile Acquisition means (a) the acquisition of the Equity Interests of a Person through a tender offer or similar solicitation of the owners of such Equity Interests which has not been approved (prior to such acquisition) by the board of directors (or any other applicable governing body) of such Person or by similar action if such Person is not a corporation and (b) any such acquisition as to which such approval has been withdrawn.

  • securities financing transaction or 'SFT' means a repurchase transaction, a securities or commodities lending or borrowing transaction, or a margin lending transaction;

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • FICASH III Transaction means a repurchase transaction in which the Repurchase Date is the Banking Day next following the Sale Date and for which securities issued by the government of the United States of America that are direct obligations of the government of the United States of America shall constitute Eligible Securities.

  • Competing Transaction has the meaning set forth in Section 6.1(n).

  • FICASH II Transaction means a repurchase transaction in which the Repurchase Date is the Banking Day next following the Sale Date and for which one or more of the following two categories of securities, as specified by the Funds, shall constitute Eligible Securities: (x) securities issued by the government of the United States of America that are direct obligations of the government of the United States of America, or (y) securities issued by or guaranteed as to principal and interest by the government of the United States of America, or by its agencies and/or instrumentalities, including, but not limited to, the Federal Home Loan Bank, Federal Home Loan Mortgage Corp., Government National Mortgage Association, Federal National Mortgage Association, Federal Farm Credit Bank, Federal Intermediate Credit Bank, Banks for Cooperatives, and Federal Land Banks.

  • Refinancing Transactions means the transactions described under “Summary—The Refinancing Transactions” in the Offering Memorandum.

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Securities Financing Transactions means collectively securities lending transactions, sale and repurchase transactions and reverse repurchase transactions.

  • MFN Transaction means a transaction in which the Company issues or sells any securities in a capital raising transaction or series of related transactions which grants to an investor the right to receive additional shares based upon future transactions of the Company on terms more favorable than those granted to such investor in such offering.

  • Closing Transactions has the meaning set forth in Section 11.8(a) of these Bylaws.

  • Drag-Along Transaction has the meaning set forth in Section 4(d)(i) of the Stockholder Agreement.

  • Recurring Transaction means a regular payment collected from your Card by an originator, in line with your instruction.