Funds Balance definition

Funds Balance means an amount equal to the United States Dollar amount you add to your Card initially and from time to time thereafter, minus any amount obtained by you through the use of your Card, and minus any fees, charges, conversion fees and other expenses incurred in connection with your Card. Our business days are Monday through Friday, excluding federal holidays, even if we are open. Any references to “days” found in this Agreement are calendar days unless indicated otherwise. Write down your Card number and the customer service number (▇-▇▇▇-▇▇▇-▇▇▇▇) provided in this Agreement on a separate piece of paper in case your Card is lost, stolen, or destroyed. Keep the paper in a safe place. Please read this Agreement carefully and keep it for future reference.

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Funds Balance means the amount in the funding account including deposits and prizes (after required withholdings are successfully completed) but not bonuses.

Funds Balance means an amount equal to the balance on Your Card, minus any amount obtained by You through the use of Your Card, and minus any fees, charges, conversion fees and other expenses incurred. “SCU”, “we” and “us” means Services Credit Union, the financial institution issuing Your Card and ICUL Service Corporation, to which SCU assigns its rights for servicing. “PIN” means the personal identification number which You choose for Your Card. “You” and/or “Your” means the adult who establishes and maintains the debit card account to which this Agreement relates and purchases, loads and reloads funds on the Card (“Account Owner”) and authorized users who are at least 13 years old to whom Cards are issued (“Cardholders”). The Account Owner acknowledges and agrees that the subject debit card account is not linked to a deposit account, savings deposit or other asset account at SCU.

Examples of Funds Balance in a sentence

• At no time shall the Minimum Funds Balance be less than fifty thousand dollars ($50,000).

• To see if the Town will vote to appropriate from Community Preservation Undesignated Funds Balance the sum of $103,498.61 to pay the annual Centennial Beach Bond debt service recommended by the Community Preservation Committee for the beach renovation project Or take any action relative thereto.

• If the balance of the Chargeback Funds falls below the Minimum Chargeback Funds Balance, MB shall deposit funds with SCN sufficient to increase the amount of the Chargeback Funds to maintain such Minimum Chargeback Funds Balance.

• If the Minimum Chargeback Funds Balance is not so maintained, SCN reserves the right to stop allowing MB Cards to be issued or to take such other action as it deems appropriate.

• For the purpose of calculation of both Unrestricted Funds Balance and Net Working Capital, amounts reported in INR shall be converted to USD using an exchange rate of 1 USD = INR 65.

• If You make a purchase for an amount which exceeds the Funds Balance, the merchant will require payment for the excess.

• If there is a remaining Funds Balance when Your Card expires, a new Card will be reissued.

• Except where prohibited by law, the following fees apply and will be charged to Your Funds Balance: ATM Withdrawal Fee.

• At the end of each calendar month, after paying the op- erating expenses of the Centers and other expenses authorized by Owner, Owner may request in writing remittance of any funds in excess (if any) of the Minimum Funds Balance.

• As used herein, the Minimum Funds Balance for the Centers shall be defined as the dollar amount of the total budget for all operating expenses (as set forth in the Annual Budget and Program) for the month following the current month within the Term of the Agreement.

More Definitions of Funds Balance

Funds Balance means an amount equal to the United States Dollar amounts You add to Your Card initially and from time to time thereafter, minus any amounts obtained by You through the use of Your Card, and minus any fees, charges, conversion fees and other expenses incurred in connection with Your Card. “SCU”, “We” and “Us” means Services Credit Union, the financial institution issuing Your Card. “PIN” means the personal identification number which You choose for Your Card. “You” and/or “Your” means the individual to whom the Card is issued. ATM Transactions. You may use Your Card to make ATM withdrawals. You will need to enter Your PIN and follow the ATM instructions. You may make up to three 3 ATM withdrawals per day, with a daily maximum of $500. SCU’s domestic and international ATM withdrawal fees are listed below. There may be additional fees and/or limitations established by the ATM owners/operators.