Electronic Disbursement definition

Electronic Disbursement means any direct deposit into a User’s financial account provided by Customers Bank, or ACH transfer to a User’s third-party bank account.
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Electronic Disbursement means a form of electronic funds transfer by means of direct deposit to a bank, savings and loan, or credit union account, or transfer to a magnetic stripe card, such as the e-QuickPay card.1
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Electronic Disbursement means, with respect to any Settlement Product, any disbursement of proceeds (but excluding Disbursement Checks) of such product made by the Originator, directly or indirectly, to or at the direction of a Settlement Products Client in the amount authorized by the Originator, whether via ACH credit, wire transfer, stored value card, debit card, secured credit card or other electronic means (which amount shall not include ERO charges, Delinquent ERO Charges, ERO Charges, RAL Principal Amounts, IMA Principal Amounts, First Priority Prior Indebtedness, Second Priority Prior Indebtedness, Other Required Deductions or Authorized Deductions).
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Examples of Electronic Disbursement in a sentence

  • The State funds this account with credits from the State vendor payment file initiated out of the STO Electronic Disbursement Account (account #12).

  • Depending upon the distance the far node from the base station will send its aggregated data to an intermediate.

  • Fill our Electronic Disbursement Request form on our website OFFICE CLOSURE DATES At CPT Institute, we are closed on all national federal holidays.

  • Updates to Electronic Disbursement of Support – Frequently Asked Questions (Exhibit 2020-031E2) OCS has updated the FAQs regarding electronic payments with information about the Way2Go Card.

  • Though not intended to be comprehensive, the review provides resources for the transportation community interested in emerging methodologies in non-motorized travel monitoring.

  • If Electronic Disbursement, I authorize Security Mutual Life Insurance Company of New York (the “Company”) to electronically disburse funds as a result of this requested transaction directly to the checking account indicated in Section Four.

  • Electronic Disbursement Request Form on the CPT Institute website WHEN WILL MY DISBURSEMENT REQUEST BE REIMBURSED?• Processing time is normally about 3-5 business days if requests are submitted properly.• 1-2 business days to process a request.• 1 business day to review/approve a request.• The next business day the check is sent in the mail.• There is an expedited fee of $35.00 applied if you select that option.

  • Members who are already receiving monthly retirement benefits may voluntarily sign up for either option using NPERS’ Electronic Disbursement Authorization Form.

  • Electronic Disbursement Enrollment Notice (EDEN Notice) - the Electronic Disbursement Enrollment Notice that is mailed to obligees to allow them to select direct deposit or debit card for child support disbursements.

  • Electronic Disbursement Request Form on the CPT Institute website WHEN WILL MY DISBURSEMENT REQUEST BE REIMBURSED?• Processing time is normally about 3-5 business days if requests are submitted properly.• 1-2 business days to process a request.• 1 business day to review/approve a request.• The next business day the check is sent in the mail.• There’s an expedited fee of $35.00 applied if you select that option.


More Definitions of Electronic Disbursement

Electronic Disbursement means, with respect to any Settlement Product, any disbursement of proceeds of such product made by the Originator, directly or indirectly, to or at the direction of a Settlement Products Client, whether via ACH credit, wire transfer, stored value card, debit card, secured credit card or other electronic means (but excluding Disbursement Checks), excluding ERO charges, Delinquent ERO Charges, ERO Charges, RAL Principal Amounts, First Priority Prior Indebtedness, Second Priority Prior Indebtedness, Other Required Deductions or Authorized Deductions.
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Related to Electronic Disbursement

  • electronic credit ledger means the electronic credit ledger referred to in sub-section (2) of section 49;

  • Electronic Payment means a wire transfer or an ACH credit transfer.

  • Electronic Bonding is a real-time and secure electronic exchange of data between information systems in separate companies. Electronic Bonding allows electronic access to services which have traditionally been handled through manual means. The heart of Electronic Bonding is strict adherence to both International and National standards. These standards define the communication and data protocols allowing all organizations in the world to exchange information.

  • L/C Disbursement means a payment or disbursement made by an Issuing Bank pursuant to a Letter of Credit.

  • electronic auction means an iterative process that involves the use of electronic means for the presentation by suppliers of either new prices, or new values for quantifiable non-price elements of the tender related to the evaluation criteria, or both, resulting in a ranking or re-ranking of tenders;

  • Electronic Version/Copy means a digital form consisting of text, images or both readable on computers or other electronic devices that includes all content that the Original and Hard Copy proposals contain. The digital form may be submitted using a compact disc (cd) or USB flash drive. The electronic version/copy can NOT be emailed.

  • electronic cash ledger means the electronic cash ledger referred to in sub-section (1) of section 49;

  • Electronic agent means a computer program or an electronic or other automated means used independently to initiate an action or respond to electronic records or performances in whole or in part, without review or action by an individual.

  • LC Disbursement means a payment made by the Issuing Bank pursuant to a Letter of Credit.

  • Approved Electronic Communication means each notice, demand, communication, information, document and other material transmitted, posted or otherwise made or communicated by e-mail, E-Fax, the Credit Management Module of PNC’s PINACLE® system, or any other equivalent electronic service agreed to by Agent, whether owned, operated or hosted by Agent, any Lender, any of their Affiliates or any other Person, that any party is obligated to, or otherwise chooses to, provide to Agent pursuant to this Agreement or any Other Document, including any financial statement, financial and other report, notice, request, certificate and other information material; provided that Approved Electronic Communications shall not include any notice, demand, communication, information, document or other material that Agent specifically instructs a Person to deliver in physical form.

  • Electronic Notice shall be deemed written notice for purposes of this Section 13 if sent to the electronic mail address specified by the receiving party under separate cover. Electronic Notice shall be deemed received at the time the party sending Electronic Notice receives verification of receipt by the receiving party. Any party receiving Electronic Notice may request and shall be entitled to receive the notice on paper, in a nonelectronic form (“Nonelectronic Notice”) which shall be sent to the requesting party within ten (10) days of receipt of the written request for Nonelectronic Notice.

  • L/C Disbursements a payment or disbursement made by the Issuing Lender pursuant to a Letter of Credit.

  • Content of an electronic communication means information concerning the substance or meaning of the communication which:

  • Electronic Data Interchange or “EDI technology” means the computer-to-computer exchange of business transactions in a standardized, structured electronic format.

  • Electronic cigarette means any oral device that provides a vapor of liquid nicotine, lobelia, and/or other similar substance, and the use or inhalation of which simulates smoking. The term shall include any such devices, whether they are manufactured, distributed, marketed, or sold as e-cigarettes, e-cigars, e-pipes, or under another product name or descriptor.

  • Electronic Payment System means a payment system that generates any transfer of funds, other than a transaction originated by cash, check, or similar paper instrument, which is initiated through an electronic terminal, telephone, mobile phone, computer, or magnetic tape, for the purpose of ordering, instructing or authorizing a financial institution to debit or credit an account. The term includes debit cards, wire transfers, transfers made at automatic teller machines, and point-of-sale terminals.

  • Electronic PHI means PHI created, received, maintained or transmitted electronically in accordance with 45 CFR § 160.103.

  • Electronic Ledger means the electronic master record of the retail installment sales contracts or installment loans of the Servicer.

  • Electronic prescription means a written prescription that is generated on an electronic application and is transmitted to a pharmacy as an electronic data file; Schedules II through V prescriptions shall be transmitted in accordance with 21 CFR Part 1300.

  • Electronic Communication Network means the transmission line connecting the data transmission place and the data receiving place.

  • Electronic Ticket means the Itinerary/Receipt issued by us or on our behalf, the Electronic Coupons and, if applicable, a boarding document.

  • Electronic communication device means any mode of electronic communication, including but not limited to computers, cell phones, PDAs, or the internet.

  • Electronic communication service means a custodian that provides to a user the ability to send or receive an electronic communication.

  • Electronic device means a personal computer, cell phone, smart phone, telephone, mobile device, wireless device, tablet or any other electronic device that we allow you to use to access the Services;

  • Electronic Data means information, facts or programs stored as or on, created or used on, or transmitted to or from computer software, including systems and applications software, hard or floppy disks, CD-ROMS, tapes, drives, cells, data processing devices or any other media which are used with electronically controlled equipment.

  • Approved Electronic Communications means any notice, demand, communication, information, document or other material that any Credit Party provides to Administrative Agent pursuant to any Credit Document or the transactions contemplated therein which is distributed to the Agents or to the lenders by means of electronic communications pursuant to Section 10.1(b).