Funding Method definition

Funding Method. (i) Automated Clearing House (“ACH”) funding, or (ii) wire funding (“Wire”). The School is only eligible for ACH funding if approved by the Manager. The School must utilize the Wire Funding Method if the School is not approved for the ACH Funding Method. “ACH” means the network used for electronic payments and money transfers, Automated Clearing House.
Funding Method. (i) Automated Clearing House (“ACH”) funding, or
Funding Method means the systematic basis for meeting the cost of benefits.

Examples of Funding Method in a sentence

  • The School must utilize the Wire Funding Method if the School is not approved for the ACH Funding Method.


More Definitions of Funding Method

Funding Method means the payment method used to fund a Transaction. e.g., debit card or bank transfer.