Fund Transfer definition

Fund Transfer means any transaction carried out on behalf of a payer through a Financial Institution by electronic means with a view to making an amount of funds available to a payee at a beneficiary institution, irrespective of whether the payer and the payee are the same person;
Fund Transfer refers to any payment initiated from your account held with the “Bank”
Fund Transfer. We mean: A debit from Your Business Account as a direct result of an electronic transfer of funds for a business-related transaction. A Funds Transfer excludes payments made in cash.

Examples of Fund Transfer in a sentence

  • Accordingly, the provisions of the Electronic Fund Transfer Act, as amended, Regulation E, as amended, the Electronic Fund Transfers Agreement and Disclosure, and any other laws or regulations intended for the protection of or governance of transactions involving consumers or consumer accounts do not apply to transactions affecting your Accounts.

  • This section provides information on electronic fund transfers governed by the Electronic Fund Transfer Act, such as purchases you make with your SoFi Debit Card, ATM transactions, and most electronic debits and credits to your Account, including P2P payments.

  • Supplier will comply with all laws, executive orders and governmental rules and regulations applicable to the performance of this Agreement including, but not limited to, the Consumer Leasing Act, the Electronic Fund Transfer Act, the Equal Credit Opportunity Act, the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, the Truth in Lending Act, Sections 502-509 of the Xxxxx-Xxxxx Xxxxxx Act, and unfair, deceptive, and abusive acts and practices as set forth in the Xxxx-Xxxxx Act.

  • The provisions in this Section apply only to electronic fund transfers (EFTs) that debit or credit a consumer's checking, savings, or other asset account and are subject to Regulation E, which implements the federal Electronic Fund Transfer Act.

  • If You ask Us to stop payment on a pre-authorized transfer, Your request will be processed under the provisions of Our Electronic Fund Transfer Agreement with You.


More Definitions of Fund Transfer

Fund Transfer means a transfer of the assets of the Fund to a successor fund pursuant to a liquidation, dissolution or winding up of the Fund or a distribution of all or substantially all of the Fund's assets and property to a successor fund.
Fund Transfer. We mean: A debit from Your Account as a direct result of an electronic transfer of funds for a personal transaction. A Funds Transfer excludes payments made in cash and payments made by any person who You know or are familiar with and who You have authorised to make use of the Access Device. For goods and/or services advertised via classified advertisements, cover is limited to 30 (thirty) percent of the cover limit reflected on the Policy Schedule.
Fund Transfer means any instructions (other than cheques) given to a financial institution to pay or deliver funds /
Fund Transfer means outward transactions made by Axis Bank customer through their internet banking to beneficiary abroad.
Fund Transfer means a transfer of funds from one of your bank accounts held with the TDB , to another account held with the Bank;
Fund Transfer means an instruction by a Member to the Trustee to sell, liquidate, or redeem any investment in an Investment Option Fund in such Member's Employee Account, and transfer the proceeds to another Investment Option Fund in his Employee Account pursuant to the terms of the Plan. A Fund Transfer may not be made from an Investment Option Fund in a Member's Regular Account to an Investment Option Fund in a Member's Before Tax Account, or vice versa.
Fund Transfer means any of the following activities carried out by the customer through Axis Internet Banking – NEFT/RTGS/IMPS/Axis to Axis Transfer.