Crediting Account definition

Crediting Account means each and any corporate account you maintain with us which is linked to and used for the receipt and/or withdrawal of funds in connection with the DBS MAX Service.
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Crediting Account refers to Customer’s account opened and maintained with the Bank to be used as account awaiting credit of money received from billers. “Customer” refers to the holder of an Account.
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Crediting Account means each and any corporate account you maintain with us which is linked as we deem eligible for receiving funds from the DBS MAX Wallet of a specific Outlet via the DBS MAX Service.
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Examples of Crediting Account in a sentence

  • DBS MAX Client Integration Service, from your Crediting Account using such methods we may prescribe from time to time and such Crediting Account has sufficient funds, provided that the aggregate of such refund(s) shall not exceed the full amount of that transaction, and once a refund on that transaction is made, it cannot be reversed.

  • Once an Outlet has been de-registered in the MAX Assist Portal, we will credit any remaining funds in your DBS MAX to the relevant Crediting Account; and you will not be able to receive payments from payors for that Outlet.

  • We may, but shall not be obliged to, allow you to link another Crediting Account, which in our opinion is in good standing, for the purposes of the DBS MAX Service.5.13 De-registration of an Outlet or API Outlet.

  • In respect of the DBS MAX Client Integration Service, from your Crediting Account using such methods we may prescribe from time to time if your Crediting Account has sufficient funds.

  • For more information about the Crediting Account see Section 4 of this SPD.Example: Joe Boilermaker’s agreement requires his Employer to pay Contributions to the Annuity Trust.

  • Joe’s Individual Account is credited with the amount left after the Crediting Account receives its share.

  • If the Crediting Account does not contain enough assets to fully credit all Individual Accounts, the available assets will be divided proportionally among the Individual Accounts, and the remaining unfunded Allocation Amounts will be credited as assets become available in the Crediting Account.

  • The Crediting Account receives $0.02 per hour of that amount, or $2.40 (120 hours x $0.02 = $2.40).

  • If your Employer has not paid the appropriate Contributions on your behalf by September of the year following the year that you performed work giving you the right to benefits under this Plan, the Annuity Trust Office will credit your Individual Account at that time by transferring assets equal to your required Allocation Amount from the Crediting Account to your Individual Account.

  • In September of 2020, if Joe’s Employer has still not paid the amount owed and Joe has provided evidence of his employment, the Annuity Trust Office will transfer the required amount from the Crediting Account to Joe’s Individual Account.


More Definitions of Crediting Account

Crediting Account means the account established by Gatherer for each Shipper as of the date of this Agreement to track, record, and account for certain amounts under this
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Related to Crediting Account

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Holding Account means an account:

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Investment Account As defined in Section 3.12(a).

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Clearing Account means the account so designated and established by Section 5.04(1) hereof.

  • Disbursement Account means an account established and owned by Company and held at the Disbursement Institution against which wire transfers and ACH transfers are settled for payment of Loan Proceeds to Borrowers.