Debit Card Account definition

Debit Card Account means the Account designated for the settlement of Debit Transactions;
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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:
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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.
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Examples of Debit Card Account in a sentence

  • 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.

  • 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 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.

  • 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.

  • Until such Transactions and any overdraft charges that may be imposed in the manner stipulated in Clauses 4.2 and 4.3 above are paid in full, you (and any other person, if any, in whose name the Debit Card Account and/or Credit Card Account is maintained) shall remain liable to us.

  • We may debit the overdraft charge to your Debit Card Account monthly or at such other intervals as we may determine.

  • Your obligations under this Agreement will continue and we shall remain entitled to debit your Debit Card Account and/or Credit Card Account or any other Account(s) you maintain with us for overdraft charges as well as Card Transactions that are carried out before or after the termination of your Card and/or Account.

  • We may at our discretion allow your Debit Card Account to be overdrawn.

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


More Definitions of Debit Card Account

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.
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Debit Card Account the deposit account maintained by the Borrower with CIBC, into which payments received in respect of Debit Card Receivables are deposited.
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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, including a Smart 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.

  • 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 personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.