Linked Bank Account definition

Linked Bank Account means any transaction account linked to your Account, which must not have been established primarily for personal, family, or household purposes. For the avoidance of doubt, your Linked Bank Account is also the account that you use for your Marketplace transactions.
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Linked Bank Account means a Bank account that the User has connected to his E- Wallet in accordance to section 6 below Merchant Services means any kind of services offered by the Merchant and which are
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Linked Bank Account refers to any bank account owned and operated by the User and held with a Scheduled Commercial Bank, whose details were provided by the User during the activation process as mentioned herein.
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Examples of Linked Bank Account in a sentence

  • You further agree and acknowledge that the amount You receive in Your Linked Bank Account (the “Net Financing Amount”) is lower than the total amount of Your Capital Amount, because Parafin has deducted the outstanding balance of Your Existing Advance from the Capital Amount.

  • If You disconnect any such third party service while any portion of the Specified Amount (including any Boost) remains undelivered or any Assessed Fee is unpaid, You agree that Parafin may deduct from Your Linked Bank Account an amount equal to the Boosted amount of Your offer or it may use estimated sales for Your businesses to determine the Debit Amount.

  • If at any time you have negative Available Credit, you are obligated to immediately make a payment to bring your Available Credit to at least $0, or we may, at our sole discretion, initiate an automatic transfer from your Linked Bank Account in the amount of the negative Available Credit.

  • The funds that are available to you (the “Cash Balance”) are funds that are available (a) to secure additional purchases on your card, or (b) to be transferred back to your Linked Bank Account as defined in the next section of this agreement.

  • If you disconnect your Linked Bank Account, you will no longer have access to these automatic transfers.

  • Xxxxxxxx agrees that it is responsible for ensuring that an amount equal to at least the Debit Amount remains in the Linked Bank Account and Parafin is not responsible for any overdrafts or rejected transactions that may result from Parafin electronically debiting the specified amounts under the terms of this Agreement.

  • Should You opt in to Boosting Your offer, You agree that You will not disconnect the third party service from Your Linked Bank Account or any accounts that may be required by Parafin to provide information about Your sales and business activity on Platforms other than the Platform under which you obtained this MCA.

  • We may restrict the amount of Secured Funds you may transfer back to your Linked Bank Account in anticipation of Obligations that we reasonably anticipate you will incur on your Card Account.

  • Deposits from your Linked Bank Account into your Secured Account will increase your Spend Limit within one Business Day after the transfer is settled.

  • Any payment that overdraws a Linked Bank Account used for payment can best be addressed by contacting the financial institution where that account is held.


More Definitions of Linked Bank Account

Linked Bank Account means any of your bank or other transaction accounts to which Program Manager has knowledge of, account visibility or access to as a result of information provided by you in the application for the Account or information provided by or obtained from you through its relationship with Program Manager.
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Linked Bank Account means the bank account that: (i) the User has registered with Cryptoforce, (ii) has been verified by Cryptoforce, and (iii) linked with the User’s Account.
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Linked Bank Account means your chequing account that is the source of Deposits. It is also the destination of Withdrawals if you have chosen the Auto- Save method in the Program.
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Related to Linked Bank Account

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Linked Account means any controlled disbursement account, controlled balance account or other deposit account maintained by a Collection Account Bank for the Parent, the Performance Guarantor, the Servicer, any Originator or any Affiliate thereof and linked to any Collection Account by a zero balance account connection or other automated funding mechanism or controlled balance arrangement.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Seller in a written notice to the Purchaser at least five Business Days before the Closing.

  • Agency Account means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1.

  • Deposit Account is any “deposit account” as defined in the Code with such additions to such term as may hereafter be made.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Loan Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Agency Account(s means any deposit account opened on the books of a Subcustodian or other banking institution in accordance with Section 7.1 hereof.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Checking Account means a Demand Deposit account (DDA), a Negotiable Order of Withdrawal (NOW) account, a Savings account and a Money Market account at the Bank that you open through the Bank website; "Account" includes any Checking, Certificate of Deposit, or Savings account at the Bank opened through the Website or in person; "Card" means an automated teller machine card and/or a VISA debit card that accesses your Checking, Savings, Money Market, or NOW account; "PIN" means the personal identification number you use in connection with your Card; "Password" means the password you use to access the Website and your Bank Accounts through a personal computer or other electronic terminal; "Access Device" means your Card, Password, or other device or code we make available to you to access your Accounts; "Business Day" means Monday through Friday, except federal holidays; and "Authorized User" means any person you authorize or permit to use your Card, Password or other Access Device to access your Accounts, whether that person uses the Access Device to obtain information or to conduct a transaction. This EFT Agreement is part of the Banking Documents. Other terms used in this EFT agreement may be defined elsewhere in the Banking Documents. • ATM Safety • Funds Transfers • Other Electronic Fund Transfer Services • Liability For Unauthorized Electronic Transfers • Other Electronic Fund Transfer Services Types of Transactions‌ We offer the following types of Electronic Fund Transfers (EFT) Services for your Checking Account. • Direct Deposits. You can arrange for direct deposits to your checking and savings account(s). • Preauthorized Credits/Debits. We accept, on your behalf preauthorized Credits/Debits drawn on your Deposit Accounts which allow unrestricted activity. Through our electronic bill payment service, you are able to electronically transfer funds from your Deposit Account to other parties, provided the account allows such activity. We may conduct these transactions via Automated Clearinghouse (ACH) transfer. We may also accept and direct funds by wire transfer. Each of these services has unique fees associated with the transaction. Please consult our Schedule of Fees herein. When you provide the party initiating the withdrawal or deposit with advance authorization to make recurring ACH transfers to or from your Account, the transfers are referred to as "preauthorized transfers." Because these preauthorized transfers are performed electronically through the ACH, they are governed by federal regulations pertaining to EFT Services, which entitle you to certain benefits and protections in connection with the EFT Services, such as the right to receive a copy of your written authorization to make preauthorized transfers from your Account from the party that obtains it. • ATM and Point-of-Sale Transactions. ATM Transactions. ATM Cards issued by us to you remain our property and you may be requested to return the Card to us at any time for any reason. Each card is used in conjunction with an authorizing Personal Identification Number ("PIN"). To guard against someone initiating a transaction that you have not authorized, you must take all reasonable precautions to prevent any other person from learning your PIN. If you permit or authorize another person to use your Card and PIN, you will be liable for all resulting transactions. You may use your Card at ATMs which are a part of an Electronic Funds Transfer service network to which the Bank belongs ("EFT network"). ATM withdrawals are available up to the daily authorization limits disclosed below, provided the available balance in the Deposit Account associated with your card is greater than or equal to the amount requested, plus any fees that may be charged along with the cash disbursement. • Withdraw cash from your Checking Account. • Find out your Checking Account balances. • Transfer funds between your own accounts at the Bank (if available on the ATM in use). • Withdraw cash from your Savings Account. • Make deposits to your own accounts.

  • Control Account means a Securities Account or Commodities Account that is the subject of an effective Securities Account Control Agreement and that is maintained by any Loan Party with an Approved Securities Intermediary. “Control Account” includes all Financial Assets held in a Securities Account or a Commodities Account and all certificates and instruments, if any, representing or evidencing the Financial Assets contained therein.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

  • Financial institution means a Custodial Institution, a Depository Institution, an Investment Entity, or a Specified Insurance Company.

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Investment Account As defined in Section 3.12(a).

  • Direct Account : means any Account which is not an ISA Account.

  • Ineligible Institution has the meaning assigned to such term in Section 9.04(b).