Funds Transfer Service definition

Funds Transfer Service or “Service” means a program that allows You to request and authorize a funds transfer from Your Eligible AAFCU Account to an account You own at another U.S. financial institution or from an account You own at another U.S. financial institution to Your AAFCU savings, checking, or loan account, also known as A2A.

Funds Transfer Service or “Service” means a program that allows You to request and authorize a funds transfer between Your AAFCU checking account and individuals You have designated.

Funds Transfer Service means the transfer of funds between any of your accounts with us or any of your accounts at other financial institutions, as described herein. An “Item” is an original: check, cashier’s check, official check, U.S. Treasury check, or any other payment instrument, drawn on a financial institution within the United States and payable in U.S. currency that is payable to you. Items are deemed to be "items" under the Uniform Commercial Code and "checks" under the Expedited Funds Availability Act and Regulation CC.

Examples of Funds Transfer Service in a sentence

• Global Horizon Interchange Funds Transfer Service (FTS) is a State Street proprietary microcomputer-based wire initiation system.

• You understand and agree that you are responsible for paying all fees associated with the use of our Funds Transfer Service.

• You represent and warrant that you are who you claim to be; that you are the rightful owner of all Content and the Accounts linked for the purposes of the Funds Transfer Service; and that you are rightfully authorizing us to access the Accounts.

• We will end your use of the Service if any joint account holder notifies us that (i) they never consented to your use of our Funds Transfer Service, (ii) the joint account can no longer be operated on your instructions alone, or (iii) they are withdrawing consent for you to operate the joint account.

• The Funds Transfer Service is an electronic, Internet based-service.

More Definitions of Funds Transfer Service

Funds Transfer Service means the Payroll Service and the IFT Service.

Funds Transfer Service means (i) the use of a computer terminal to send Funds Transfer Requests to Bank, and to send and receive related messages, and (ii) the procedure for sending Funds Transfer Requests and certain other messages set forth in subsection 21(c)i, in each case as further described in the User Guide. However, “Funds Transfer Service” does not include any ACH Service (Section 28) or Bill Pay Service (Section 32).

Funds Transfer Service means the transfer of funds between any two of your accounts at U1 Credit Union or any accounts you own at other financial institution, as described in and pursuant to Article VI hereof.

Funds Transfer Service. The fully interactive online money movement service. Member – Referring to each Member of SRP Federal Credit Union who is eligible and signs up for SRP eBanking Services. SRP Federal Credit Union enables eBanking Services for the Member ONLY. The Member may, in turn, grant Shared Access to eligible Sub-Users.

Funds Transfer Service means the ability to initiate payments to others and transfer funds between Accounts by wire or internal transfers through Business Online Banking.

Funds Transfer Service means the fully interactive online money movement service. "Internet Browser" shall mean a program that You use to access the internet and view a web page.

Funds Transfer Service means the transfer of funds between any two of your accounts at FAIRWINDS Credit Union or any accounts you own at other financial institution, as described in and pursuant to Article VI hereof.