Eligible Transaction Account definition

Eligible Transaction Account is a transaction account from which your transfers will be debited, your Account to Account Transfer Service fees, if any, will be automatically debited, or to which transfers and credits to you will be credited, that is eligible for the Account to Account Transfer Service. An Eligible Transaction Account shall be limited to a checking, money market or savings account that you hold with us.

Eligible Transaction Account is as defined in Section 36 of the General Terms, except that it shall be limited to a checking, money market or savings account that you hold with us.

Eligible Transaction Account is a transaction account (checking, money market or other direct deposit account, credit card account, or debit card account, including any required routing information) from which your payments as a Sender will be debited, any Popmoney Service fees will be automatically debited, or to which payments and credits to you will be credited. “Payment Instruction” is the information provided by the Sender to the Popmoney Service for a payment to be made to a Receiver (such as, but not limited to, name, mobile telephone number, email address, and bank account and routing number information).

Examples of Eligible Transaction Account in a sentence

• You agree to pay such charges and authorize us to deduct the calculated amount from the applicable Eligible Transaction Account you hold with us or the Account that is debited for the funds transfer, depending on how such charges are described in the user interface for the Account to Account Transfer Service.

• If we decide to do this, we will provisionally credit your Eligible Transaction Account within ten (10) Business Days for the amount you think is in error.

• Our ability to stop a Payment Instruction or recover funds associated with an unauthorized Payment Instruction will depend on the manner in which the Payment Instruction was initiated, and whether the Payment Instruction to the Receiver’s Eligible Transaction Account has begun processing.

• First, these additional services allow you to send money to people if you provide the Eligible Transaction Account information and other contact information for the Receiver; such transactions are not sent via Zelle®.

• Sender may cancel the initiation of a Payment Instruction or stop a Payment Instruction at any time until the processing of the Payment Instruction into the Receiver’s Eligible Transaction Account has begun.

More Definitions of Eligible Transaction Account

Eligible Transaction Account means Your AAFCU checking account

Eligible Transaction Account is a transaction account from which your payments will be debited, your Zelle and Other Payment Services fees will be automatically debited, or to which payments and credits to you will be credited. An Eligible Transaction Account may include a checking, money market or other direct deposit account, credit card account, or debit card account, including any required routing information.

Eligible Transaction Account is a consumer checking account that is eligible for the Services from which a User’s payments will be debited or to which payments and credits to a User will be credited; “your” Eligible Transaction Account means the Eligible Transaction Account that you enrolled for the Services.

Eligible Transaction Account is defined in the Definitions section of this Agreement.

Eligible Transaction Account is a transaction account “Account”. Depending on the Service, an Eligible Transaction Account may include a checking, money market, or other direct deposit account, credit card account, or debit card account, including any required routing information.

Eligible Transaction Account is as defined in Section 2.a. above (Key Definitions), except that it shall be limited to an account that you hold with us, and from which bill payments will be debited.

Eligible Transaction Account is a transaction account (checking, money market or other direct deposit account, credit card account, or debit card account, including any required routing information) from which your payments as a Sender will be debited, your Popmoney Service fees will be automatically debited, or to which payments and credits to you will be credited.