Business Current Account definition

Business Current Account means an account marketed to businesses rather
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Business Current Account means an account marketed to businesses rather than individuals, which provides the facility to hold deposits, receive and make payments by cheque and/or debit card, use automated teller machine facilities and make regular payments by direct debit and/or standing order, but does not include an account in which money is held on deposit in a currency other than the official currency of the United Kingdom or an account in which credit funds are held and offset against mortgage debt or a loan (other than an overdraft facility);]1
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Business Current Account. : means the Business Banking current account held by the Business with TSB Bank plc.
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Examples of Business Current Account in a sentence

  • Service charges will be deducted from your Business Current Account, or other deposit account, in that order, depending on the available balance in your Business Current Account.

  • Retail ForexBuy foreign currency from us using your Business Current Account for qualifying2 transactions.R7 500 in a 12 month rolling period• 5015.

  • Our Business Current Account is straightforward, simple to understand and easy to use.

  • These Terms and Conditions apply to each of the following types of accounts that we operate in Northern Ireland - our Business Current Account and our Business Savings Accounts and our Business Loan Account.

  • NCBJ reserves the right to apply the respective monthly service charge based on the existing Business Current Account Scheme once the initial three (3) month period has expired.

  • Customers may apply for any of the Personal or Business Current Account Packages available, providing the Applicant meets the Bank’s criteria for opening the Account, see section 1.1: Qualification.

  • The Bank offers customers various Personal and Business Current Account Packages.

  • NCBJ reserves the right to apply a monthly service charge based on the existing Business Current Account Scheme in the event that your minimum monthly credit balance falls below the JMD200,000 requirement.

  • These Terms and Conditions apply to each of the following types of accounts that we operate in Northern Ireland – our Business Current Account and our Business Savings Accounts and our Business Loan Account.

  • The end-of-day balances on your Business Current Account throughout each calendar month will be used to determine whether or not a monthly service charge is applied.


More Definitions of Business Current Account

Business Current Account means the Business Banking current account held by the Business with Bank of Scotland plc.
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Business Current Account means a business transactional current account opened with HLF; “Clearing House Regulations” means the Banking (Clearing House) Regulations made
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Business Current Account means a business transactional current account opened with HLF;
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Business Current Account means a current account denominated in sterling intended for use by a business and excluding any current account (even if used by the SME for the purpose of its business) which is offered by the Bank as a current account intended for personal use by a natural person;
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Business Current Account means the Business Banking current account held by the Business with TSB Bank plc.
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Business Current Account means the business transactional account We open in Your name at Your request including all balances in the account together with all interest.
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Related to Business Current Account

  • Current Account means a form of demand deposit wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and will also include other deposit accounts which are neither Savings Deposit nor Term Deposit.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.