Deposit service definition

Deposit service means the Bank’s opening of a deposit account for a client (hereafter – “depositor”) on the basis of the application of the depositor and under the respective deposit agreement, commensurate with the procedures and regulations established by Georgian legislation and the Bank, and accrual of the interest rate on the funds deposited at the account.
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Deposit service means a custodial scheme operated by a third party as authorised by the Government (details available on request).
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Deposit service means a service provided in connection with the use of an account (e.g., checks, deposits, ACH, wires).
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Examples of Deposit service in a sentence

  • MOBILE AGREEMENT AND DISCLOSURE SERVICE The Mobile Deposit service (“Service”) is designed to allow clients (“You”) to deposit checks to their designated checking or savings account (“Account”) with Waldo State Bank (“Bank”) using mobile devices.


More Definitions of Deposit service

Deposit service the deposit service transaction contemplated under the Renewal Financial Services Master Agreement (including the Deposit Cap);
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Related to Deposit service

  • Transit Service means the delivery of Transit Traffic.

  • Current service means the number of years and months of employment as an

  • 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.

  • 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.

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • approach control service means air traffic control service for arriving or departing controlled flights;