Electronic funds transfer payment definition

Electronic funds transfer payment means a payment by any method of electronic funds transfer other than through the Automated Clearing House Network (ACH), as codified in 45 CFR Sections 162.1601 and 162.1602;
Electronic funds transfer payment means a payment by any
Electronic funds transfer payment means a payment by a method of electronic funds

Examples of Electronic funds transfer payment in a sentence

  • RecommendationsIt is recommended that:• The kindergarten year be mandatory when kindergarten moves into the school system.• Parents be able to defer their child’s entry to kindergarten to the year following the usual age of entry if they feel this would be in the best interests of the child.• Current legislative and regulatory provisions on private schools be amended to include private kindergartens.

  • However, this clause does not apply to this agreement to the extent that this agreement is made with a corporationfor the corporation’s general benefit.§ 1274.932 Electronic funds transfer payment methods (XXX 1995).Payments under this cooperative agreement will be made by theGovernment either by check orelectronic funds transfer (through the Treasury Fedline Payment System (FEDLINE) or the Automated Clearing House (ACH)), at the option of theGovernment.

  • Electronic funds transfer payment is required to ensure timely processing.

  • Electronic funds transfer payment methods, when fully implemented, are expected to significantly reduce the administrative burden that is currently associated with contract payments made by check and, therefore, should apply to all Federal contracts.

  • Section 52.232-28 is added to read as follows: 52.232-28 Electronic funds transfer payment methods.As prescribed in 32.908(d), insert the following clause:Electronic Funds Transfer Payment Methods (April 1989)Payments under this contract will be made by the Government either by check or electronic funds transfer (through the Treasury Fedline Payment System (FEDLINE) or the Automated Clearing House (ACH), at the option of the Government.


More Definitions of Electronic funds transfer payment

Electronic funds transfer payment means refers to any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal means, telephonic instrument, or computer or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account.
Electronic funds transfer payment means a payment by any method of electronic funds transfer other than healthcare electronic funds transfer and remittance advice transactions under 45 CFR 162.1601 and 162.1602;
Electronic funds transfer payment means a payment by any method of electronic funds transfer other than a standard health care electronic funds transfers and remittance advice transaction pursuant to 45 Code of Federal Regulations sections 162.1601 and 162.1602.
Electronic funds transfer payment means a payment by any method of electronic funds transfer other than through the automated clearing house network, as codified in the Code of Federal Regulations;

Related to Electronic funds transfer payment

  • Electronic Funds Transfer means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.

  • Electronic Fund Transfer means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone or other electronic device capable of communicating with such financial institution, wire transfers, and automated clearinghouse transfers.

  • 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.

  • ACH means automated clearing house transfers.

  • Electronic File Transfer means any system or process that utilizes an electronic format and protocol to send or receive data files.

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

  • Clearing House means a clearing house recognised by the laws of the jurisdiction in which the Shares (or depositary receipts therefor) are listed or quoted on a stock exchange or interdealer quotation system in such jurisdiction.

  • Electronic toll collection system means a system of collecting tolls or charges which is capable of charging an account holder the appropriate toll or charge by transmission of information from an electronic device on a motor vehicle to the toll lane, which information is used to charge the account the appropriate toll or charge.

  • ACH Transfer ACH Transfer: BNK: BNK: ABA: ABA: ACCT: ACCT: Credit and Collections: Credit and Collections: Attn: Attn: Phone: Phone: Email: Email: REC Deliveries and Standing Orders: REC Deliveries and Standing Orders: Attn: Attn: Phone: Phone: Email: Email: With additional Notices of an Event of Default or Potential Event of Default to: With additional Notices of an Event of Default or Potential Event of Default to: Attn: Attn: Phone: Phone: Email: Email:

  • Electronic Interface means access to operations support systems consisting of preordering, ordering, provisioning, maintenance and repair and billing functions.

  • Electronic Data Interchange (EDI means technology that provides transaction related details, including invoice number(s), pay dates, and other identifying information as appropriate for each transaction.

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

  • Electronic Chattel Paper means chattel paper evidenced by a record or records consisting of information stored in an electronic medium.