Memo Posted Credits definition

Memo Posted Credits. Any credits being posted to the account for the business day. For example, ACH credit transactions and wire transfers.
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Memo Posted Credits are any credits for a current or next Business Day, which may be posted to an Account intraday or during nightly processing (e.g., ACH transactions, wire transfers, and teller deposited items).
Sample 1

Examples of Memo Posted Credits in a sentence

  • Memo Posted Credits: Any pending credits posted to the Account for a given Business Day.

Related to Memo Posted Credits

  • Posted Credit Support means Posted Collateral and Other Posted Support.

  • Credits means the Federal and State Housing Tax Credit program.

  • Service Level Credit is defined in Section 8.

  • Open-end credit means credit extended by a creditor under an agreement in which:

  • Earned credit means the amount of the bid incentive allocated to a contractor upon completion of a contract in which the contractor met or exceeded his or her goals for the utilization of BEPDs in the performance of the contract.

  • Omnibus Account means any Shareholder Account the record owner of which is a registered broker-dealer which has agreed with the Transfer Agent to provide sub-transfer agent functions relating to each Sub-shareholder Account within such Shareholder Account as contemplated by this Schedule I in respect of each of the Funds.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Auction Revenue Rights Credits means the allocated share of total FTR auction revenues or costs credited to each holder of Auction Revenue Rights, calculated and allocated as specified in Operating Agreement, Schedule 1, section 7.4.3, and the parallel provisions of Tariff, Attachment K-Appendix, section 7.4.3.

  • Merchant Account means an account used to submit credit card or debit card transactions or process credit card or debit card transactions.

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Credit Account is modified to read “Grant Account”.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Collection Point means the collection point for the Vehicle specified in the Confirmation and/or Rental Agreement;

  • Senior Credit Support Depletion Date The date on which the Class Certificate Balance of each Class of Subordinated Certificates has been reduced to zero.

  • Credit Support Depletion Date The first Distribution Date on which the Certificate Principal Balances of the Subordinate Certificates have been reduced to zero.

  • Valuation Point means such time as shall be specified in the relevant Supplement for each Fund.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

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

  • Card Account means the account maintained with the Bank in respect of the Card;

  • Posted Collateral means all Eligible Collateral, other property, Distributions, and all proceeds thereof that have been Transferred to or received by the Secured Party under this Annex and not Transferred to the Pledgor pursuant to Paragraph 3(b), 4(d)(ii) or 6(d)(i) or released by the Secured Party under Paragraph 8. Any Interest Amount or portion thereof not Transferred pursuant to Paragraph 6(d)(ii) will constitute Posted Collateral in the form of Cash.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Agent’s Account means the Deposit Account of Agent identified on Schedule A-1.

  • Service Credits means the service credits payable to the Purchaser by the Service Provider in the event that the Service Levels are not met and identified as service credits in the Pricing Schedule.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.