Deposit Item definition

Deposit Item means a paper cheque (including a bank draft) that is denominated in Canada dollars and that is drawn on a financial institution branch located in Canada;
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Deposit Item has the meaning given to it in Section 13.4;
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Deposit Item has the meaning given to it in Section 11.4; “Designated Account” means, for the purposes of the Request Money Service and the Autodeposit Service, the Account the Recipient registers through Interac as the account in to which funds via Interac e-Transfer will be automatically deposited without the need to log on to ATB Online Business or to answer an Interac e-Transfer Question; “Device” means a computer, laptop, mobile device, wearable device, tablet, watch or any other electronic device that supports access to the Services and that ATB Financial allows the Client to use to access the Services; “E-Statement” has the meaning given to it in Section 10.1; “Interac e-Transfer” or “Interac e-Transfer Service” means the Interac e-Transfer service that ATB Financial offers through ATB Online Business that allows the Client to either send funds from the Client’s Account to another by specifying an email address, or to receive funds from another. Interac e-Transfer is a registered trademark of Interac Inc. used under license; “Interac e-Transfer Question” means the security question and answer that is designated by the Sender of an Interac e-Transfer Transaction and is used for verification purposes in the Interac e-Transfer Service; “Interac e-Transfer Transaction” means an Interac e-Transfer transaction sent or received through the Interac e-Transfer Service; “Images” has the meaning given to it in Section 11.2; “Implementation Form” means the implementation form completed by or on behalf of the Client containing certain information and elections in relation to the Service; “Information Reporting” means transaction and balance information regarding Accounts, credit card products and loans of the Client which is presented on ATB Online Business; “Instructions” includes, and is not limited to, any instruction, order, authorization or approval; “Instructing Officer” means, in respect of any Account, a person who is authorized to give instructions in respect of such Account including any person appointed as Administrator for the Client pursuant to this Agreement or authorized as an Agent pursuant to an Agent Authorization; “Item” has the meaning given to it in Section 6.1; “Participating Financial Institution” means, for the purposes of the Interac e-Transfer Service, Request Money Service and Autodeposit Service, a financial institution that offers these Interac e-Transfer services; “Payees” has the meaning given to it in Section 5.1; “Pricing Arrangement” means o...
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Examples of Deposit Item in a sentence

  • You agree not to image, deposit or transmit photocopies or printouts of electronic copies of a Deposit Item.

  • You agree not to image, deposit, or transmit photocopies or printouts of electronic copies of a Deposit Item.

  • Bill Pay Services None Card Replacement Fee None Deposit Item Returned None ACH Transfer Fees None Overdraft Fee None Returned Item Fee (ACH, Check, Debit) None Stop Payment Fee None Incoming Domestic Wire Fees $3.00 Outgoing Domestic Wire Fees $5.00 International Incoming Wire Fees $15.00 International Outgoing Wire and/or ACH Fees When service becomes available: Sable does not charge any international outgoing wire orACH fees.

  • Deposited ineligible items listed below are subject to a Return Deposit Item fee.

  • The Client is responsible for any and all costs associated with obtaining a replacement negotiable Deposit Item in the event that ATB Financial requests the Client re-submit an Image and the original Deposit Item was destroyed or otherwise lost.

  • See the Fee Schedule (e.g., “Returned Deposit Item Fee,” “NSF Returned Item Fee”).

  • Immediately after the Client deposits a Deposit Item through Remote Cheque Deposit, the Client agrees to mark the front of the Deposit Item as ‘paid’ or ‘void’ or otherwise indicate that the Deposit Item has been imaged and deposited.

  • ATB Financial may charge back to the Account at any time any Deposit Item that ATB Financial subsequently determines was not eligible for deposit.

  • By using Remote Cheque Deposit, the Client accepts the risk that a Deposit Item may be intercepted or misdirected during transmission.

  • A Deposit Item Return Fee may be charged for any returned deposit.


More Definitions of Deposit Item

Deposit Item means a paper cheque (including a bank draft) that is denominated in Canadian dollars and that is drawn on a financial institution branch located in Canada;
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Related to Deposit Item

  • Deposit Holder means _________ (state name and location of Deposit Holder) or, if left blank, the Sellers' Bank, which shall hold and release the Deposit in accordance with this Agreement.

  • Deposit Taker means the licensed deposit taker detailed in the relevant Addendum.

  • Clearing Bank means the Bank or any other banking institution with whom a Payment Account has been established pursuant to a Blocked Account Agreement.

  • FDIC The Federal Deposit Insurance Corporation, or any successor thereto.

  • Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;

  • Deposit Amount is the amount GLAIC credits to the Accumulation Fund on the Deposit Date as set forth in the Accumulation Fund Schedule.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.

  • Special deposit claim means a claim secured by a deposit made pursuant to statute for the security or benefit of a limited class or classes of persons, but not including a claim secured by general assets.

  • Clearing Agent means Clearstream Banking AG, Euroclear Bank S.A., and Clearstream Banking S.A. and such further or alternative clearing agent(s) or clearance system(s) as may be approved by the Issuer from time to time and notified to the Holders in accordance with General Condition 4 (each a “Clearing Agent” and together the “Clearing Agents”);

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

  • Deposit Date means, with respect to any Collection Period and Payment Date, the Business Day immediately preceding such Payment Date.

  • Deposit-type contract means contracts that do not incorporate mortality or morbidity risks and as may be specified in the valuation manual.

  • Custodial Account for P&I The Custodial Account for principal and interest established and maintained by each Servicer pursuant to its Selling and Servicing Contract and caused by the Master Servicer to be established and maintained pursuant to Section 3.02 (a) with the corporate trust department of the Trustee or another financial institution approved by the Master Servicer such that the rights of the Master Servicer, the Trustee and the Certificateholders thereto shall be fully protected against the claims of any creditors of the applicable Servicer and of any creditors or depositors of the institution in which such account is maintained, (b) within FDIC insured accounts (or other accounts with comparable insurance coverage acceptable to the Rating Agencies) created, maintained and monitored by a Servicer or (c) in a separate non-trust account without FDIC or other insurance in an Eligible Institution. In the event that a Custodial Account for P&I is established pursuant to clause (b) of the preceding sentence, amounts held in such Custodial Account for P&I shall not exceed the level of deposit insurance coverage on such account; accordingly, more than one Custodial Account for P&I may be established. Any amount that is at any time not protected or insured in accordance with the first sentence of this definition of "Custodial Account for P&I" shall promptly be withdrawn from such Custodial Account for P&I and be remitted to the Investment Account.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • New York Federal Reserve s Website" means the website of the Federal Reserve Bank of New York currently at http://www.newyorkfed.org, or any successor website;

  • Central Depository means Centrálny depozitár cenných papierov SR, a.s., with its registered seat at ul. 29. augusta 1/A, Bratislava 814 80, Slovak Republic, registered in the Commercial Register maintained by the District Court Bratislava I, Section: Sa, Insert No.: 493/B;

  • Bank is defined in the preamble hereof.

  • Controlled Deposit Amount means, with respect to any Transfer Date, the sum of (a) the Controlled Accumulation Amount for such Transfer Date and (b) any existing Accumulation Shortfall.

  • Deposit Secured Loan means a loan in which the only collateral securing the loan is Assumed Deposits or deposits at other insured depository institutions

  • Depository The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

  • Clearing Member means a registered broker-dealer which is a clearing member under the rules of O.C.C. and a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

  • Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.

  • Subcustodian means a bank (including any branch thereof) or other financial institution (other than a Foreign Depository) located outside the U.S. which is utilized by Custodian in connection with the purchase, sale or custody of Securities hereunder and identified to the Fund from time to time, and their respective successors and nominees.

  • Deposit Account is any “deposit account” as defined in the Code with such additions to such term as may hereafter be made.

  • Collection Action means any of the following:

  • Deposit Securities means, as of any date, any United States dollar-denominated security or other investment of a type described below that either (i) is a demand obligation payable to the holder thereof on any Business Day or (ii) has a maturity date, mandatory redemption date or mandatory payment date, on its face or at the option of the holder, preceding the relevant Redemption Date, Dividend Payment Date or other payment date in respect of which such security or other investment has been deposited or set aside as a Deposit Security: