Debit Card Account definition

Debit Card Account means the Account designated for the settlement of Debit Transactions;
Sample 1Sample 2Sample 3
Debit Card Account means the savings or current account maintained by the Bank which will be debited with the amount of all transactions of a Cardholder and all charges.
Sample 1
Debit Card Account the deposit account maintained by the Borrower with CIBC, into which payments received in respect of Debit Card Receivables are deposited.
Sample 1

Examples of Debit Card Account in a sentence

  • ADCB is authorised to debit Card Charges from your Debit Card Account and charge Card Charges to your Credit Card Account.

  • If you choose to close your Basic Current Account, this will automatically close your Top-up Debit Card Account as the two are linked.

  • Visa® Debit Card Account Access: You may use your debit card and PIN to: • Withdraw cash from your checking or savings • Transfer funds from your checking and savings accounts • Inquire as to the balance in your checking and savings accounts • Pay for purchases at places that have agreed to accept the card You may also use your debit card for signature-based transactions that do not require a PIN but may require positive identification.

  • For an Inbound Debit Card Transfer, the fee is based on, and added to, the amount you request to be transferred to your primary deposit account from your External Debit Card Account.

  • By using the Funds Transfer Services, you authorize us to act as your agent and attorney-in-fact for the limited purpose of gathering information about your External Bank Account and External Debit Card Account (collectively, your “External Accounts”), communicating with others regarding your transfer instructions, and processing your transfers via the Funds Transfer Services.

  • For example, if you request $100 to be transferred to your primary deposit account from your External Debit Card Account, the fee for the Inbound Debit Card Transfer will be (i) $1.50, and $101.50 will be debited from your External Debit Card Account if transferred before February 11, 2022, or (ii) $3.00, and $103.00 will be debited from your External Debit Card Account if transferred on or after February 11, 2022.

  • We may charge an overdraft charge based on the amount of the overdrawn balance existing at any time on your Debit Card Account.

  • We may in our discretion and without giving prior notice approve, authorize or allow any Card Transaction to be effected during any period even though such Card Transaction would result in your Debit Card Account being overdrawn and/or Credit Limit being exceeded as a consequence.

  • We may set a Spending Limit in relation to your Debit Card Account and Credit Card Account, which we may vary without notice.

  • The provisions of this Agreement shall supplement and not replace the provisions of any agreement you may have us with respect to any Debit Card Account and/or Credit Card Account and/or the Electronic Services, any other agreement(s) between us and you or any of our rights arising under any such agreement(s).


More Definitions of Debit Card Account

Debit Card Account means a card account issued by a financial institution which allows the holder to transfer money electronically to another bank account when making a transaction. For the purposes of this bulletin, a debit card account includes the following:
Sample 1
Debit Card Account means a card account issued by a financial institution which allows the holder to transfer money electronically to another bank account when making a transaction. It includes a single- use cash gift card (not related to the receipt of grant monies), which is a debit card account with a set dollar amount and may be accepted by any retailer, similar to a debit card and is void upon spending the balance or expiration. It also includes, a prepaid gift card (not related to the receipt of grant monies), which is a debit card account that is reloadable, unlike the cash gift card.
Sample 1

Related to Debit Card Account

  • Credit Card Account means the Account of the Cardmember opened with Maybank for the purpose of this Agreement;

  • Card Account means the account maintained with the Bank in respect of the card;

  • Debit Card means a card issued by the Financial Institution that allows the holder of the card to deposit cash and/or Instruments or withdraw cash from the Account through an ATM, authorize Transactions on the Account through an ATM, and that operates like an Instrument to purchase goods and services from merchants.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Designated Accounts means any and all unsecured credit facilities (including without limitation unsecured card or non-card credit facility) that you have with the Participating FIs and excludes joint accounts, any renovation loan, education loan, credit facility granted for businesses or business purposes and such other credit facility that is excluded under the MAS regulations relating to unsecured credit facilities to individuals.

  • Client Account means the unique personalised account of the Client consisting of all Completed Transactions, Open Positions and Orders in the Trading Platform, the balance of the Client money and deposit/withdrawal transactions of the Client money.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Merchant Account means the merchant account facility agreed between you and the Merchant Acquiring Bank.

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Related Account means an Account with respect to which a new credit account number has been issued by the applicable Account Owner or Servicer or the applicable Transferor under circumstances resulting from a lost or stolen credit card and not requiring standard application and credit evaluation procedures under the Credit Card Guidelines.

  • Credit Card Agreement means the open-end revolving credit agreement between a Cardholder and Bank governing the Account and Cardholder’s use of the Credit Card, together with any modifications or amendments which may be made to such agreement.

  • Debit means a charge or an amount of money somebody must pay. If we debit money to you or debit money to your account, that money is then added to the unpaid balance and the unpaid balance becomes larger. In this case “charge” and “debit” have similar meanings.

  • Collection Accounts As defined in Section 3.10(a).

  • Credit Card Issuer means any Person (other than a Loan Party) who issues or whose members issue credit cards or debit cards, including, without limitation, MasterCard or VISA bank credit or debit cards or other bank credit or debit cards issued through MasterCard International, Inc., Visa, U.S.A., Inc. or Visa International and American Express, Discover, Diners Club, Xxxxx Xxxxxxx and other non-bank credit or debit cards, including, without limitation, credit or debit cards issued by or through American Express Travel Related Services Company, Inc. or Discover Financial Services, Inc.

  • Credit Card Notification has the meaning assigned to such term in Section 5.11.

  • Credit Card Processor means any servicing or processing agent or any factor or financial intermediary who facilitates, services, processes or manages the credit authorization, billing transfer and/or payment procedures with respect to any Loan Party’s sales transactions involving credit card or debit card purchases by customers using credit cards or debit cards issued by any Credit Card Issuer.

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Linked Account means any controlled disbursement account, controlled balance account or other deposit account maintained by a Collection Account Bank for the Parent, the Performance Guarantor, the Servicer, any Originator or any Affiliate thereof and linked to any Collection Account by a zero balance account connection or other automated funding mechanism or controlled balance arrangement.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Eligible Account Any of (i) an account or accounts maintained with a federal or state chartered depository institution or trust company the short-term unsecured debt obligations of which (or, in the case of a depository institution or trust company that is the principal subsidiary of a holding company, the debt obligations of such holding company) have the highest short-term ratings of each Rating Agency at the time any amounts are held on deposit therein, or (ii) an account or accounts in a depository institution or trust company in which such accounts are insured by the FDIC or the SAIF (to the limits established by the FDIC or the SAIF, as applicable) and the uninsured deposits in which accounts are otherwise secured such that, as evidenced by an Opinion of Counsel delivered to the Trustee and to each Rating Agency, the Certificateholders have a claim with respect to the funds in such account or a perfected first priority security interest against any collateral (which shall be limited to Permitted Investments) securing such funds that is superior to claims of any other depositors or creditors of the depository institution or trust company in which such account is maintained, or (iii) a trust account or accounts maintained with (a) the trust department of a federal or state chartered depository institution or (b) a trust company, acting in its fiduciary capacity or (iv) any other account acceptable to each Rating Agency. Eligible Accounts may bear interest, and may include, if otherwise qualified under this definition, accounts maintained with the Trustee.

  • Restricted Account means an account at Xxxxx Fargo Bank, N.A. associated with the Loan to which Borrower’s access is restricted. Capitalized terms used in these Additional Terms and Conditions to Disbursement Instruction Agreement and not otherwise defined herein shall have the meanings given to such terms in the body of the Agreement.

  • ABLE account or "account" means an account established

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Lockbox Account shall have the meaning set forth in Section 2.7.1 hereof.