Cutoff Times definition

Cutoff Times. Cutoff times for processing payments through the U.S. Bank Pay A Person service is 5:00 p.m. Eastern Time on Business Days.
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Examples of Cutoff Times in a sentence

  • Although you may be able to initiate a Mobile Deposit request at any time, the processing of your request will be subject to the Business Day and Cutoff Times applicable to this service.

  • Although funds will be transferred and reflected in the To Account balance the same day the transfer was requested, final settlement will not occur until the next Bank Business Day as defined in the Hours of Availability, Banking Days and Cutoff Times Section of this Agreement.

  • Although you may be able to initiate an Alipay Transfer request at any time, the processing of your request will be subject to the Cutoff Times applicable to this service.

  • The Cut-off Times for payments not made by check are as follows: a payment transaction made via Issuer’s online payment portal must be completed by 3:00 p.m. ET; a payment transaction made via IVR must be completed by 3:00 p.m. ET; and a payment transaction made via ACH must arrive to Issuer by 3:00 p.m. ET.

  • When Client wishes to pay receivers, it will transmit a data file to Bank that contains instructions for payment, in the format acceptable by Bank and by the Cutoff Times specified in the Availability & Retention Guide (or a successor published guide).

  • The Customer acknowledges that exchanges, clearing houses and Intermediaries have established cut-off times ("Prescribed Cut-off Times") for the submission of exercise instructions in relation to options and SFP may set its own exercise cut-off times ("SFP Cut-off Times") which may be earlier than the Prescribed Cut-off Times.

  • Cutoff Times for Payment Orders: we have cutoff times for processing payment orders.

  • SFP shall give the Customer reasonable prior notice of any SFP Cut-off Time which differs from a Prescribed Cut-off Times.

  • For this reason, we suggest that you transmit any Instructions to us sufficiently in advance of such Cutoff Times to eliminate the possibility of missing the cutoff.

  • The Customer acknowledges that Prescribed Cut-off Times may be imposed (and from time to time amended) by exchanges, clearing houses or Intermediaries without prior notice or without notice and which may be beyond the control of SFP, and the Customer agrees to abide by and be subject to all such Prescribed Cut-off Times.

Related to Cutoff Times

  • Cutoff Time means a time on a Business Day by which a transfer of cash, securities or other property must be made by Borrower or Lender to the other, as shall be agreed by Borrower and Lender in Schedule B or otherwise orally or in writing or, in the absence of any such agreement, as shall be determined in accordance with market practice.

  • Order Cutoff Time means, with respect to any Business Day, (i) 4:00 p.m. (New York time) on such Business Day or (ii) another time agreed to by the Sponsor and the Trustee and of which Registered Owners and all existing Authorized Participants have been notified by the Trustee.

  • Cut-Off Times means the relevant point in time during any Banking Day after which any payment, or payment order, received will be deemed to have been received on the next Banking Day.

  • Order Cut-Off Time means 10:00 a.m., New York time, on a Business Day.

  • Cut-Off Time / “Business Hours” means the day time for dealing in Units of the Fund. The current Cut-Off Timing/Business Hours are mentioned in Annexure “B” of this Offering Document.