Business Account definition

Business Account means a dedicated deposit account opened at the financial institution selected by the single allocation platform in the name of the single allocation platform or at the discretion of the single allocation platform opened by the registered participant, but with the single allocation platform as the beneficiary of the dedicated cash deposit, which may be used for payments by the registered participant;
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Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.
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Business Account means an account that is not a Consumer Account.
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Examples of Business Account in a sentence

  • This Business Account Agreements and Disclosures booklet is effective July 1, 2025, and supersedes any conflicting terms and conditions contained in the any prior versions or amendments.

  • You affirm that you are the sole proprietor of the sole proprietorship named on the Business Account Application and Agreement.

  • The words “authorized signer” mean a person who has your actual or apparent authority to transact business on your account(s), whether or not such person has signed the Business Account Application and Agreement or other documentation for your account(s).

  • Each authorized signer on an account is duly authorized to act with respect to the account(s) and we are authorized to act on all matters relating to the account(s) upon the order of any one of the authorized signers until we receive written instructions to the contrary from an authorized representative (as defined on the Business Account Application and Agreement).

  • Any payment made from your account in good faith and reliance on the terms and conditions of this Agreement and the Business Account Application and Agreement shall be valid and discharge us from liability.


More Definitions of Business Account

Business Account means your business operating deposit account with the Bank.
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Business Account means the account maintained by the Manager for the Business in accordance with Exhibit B.
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Business Account means an account for which a customer is eligible to receive a tariff other than a tariff for the supply of electricity for residential purposes.
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Business Account means the account maintained in accordance with the Accounting Procedure.
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Business Account means an Account owned by a Business.
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Business Account means an account that is not a consumer account. • "Business Day" refers to any day that the Bank is open for business except Saturday, Sunday and federal holidays.
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Business Account means an account that is not a consumer account. • “Access codes” include the member identification number, log-in, password and any other means of access to our Online Banking service we establish or provide for you. To use our Online Banking service, you must use the access codes we establish or provide for you. Keep them confidential to prevent unauthorized use or loss to your accounts. Anyone to whom you give your access codes will have full access to your accounts even if you attempt to limit that person's authority. Additionally, that person will have full access to any other of your accounts which are accessed by those access codes, even if those accounts are in your name with another person. None of our employees or employees of our affiliates will contact you via phone or e-mail requesting your access codes. If you are contacted by anyone requesting this information, please contact us immediately at our phone number shown in the section below entitled Notify us IMMEDIATELY for Unauthorized Transactions.
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