Network Financial Institution definition

Network Financial Institution means any financial institution that is a member of the Zelle Network®.
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Network Financial Institution means financial institutions that have partnered with Xxxxx.
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Network Financial Institution means a financial institution participating from time to time in the Zelle® digital payments network, other than OAS FCU.
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Examples of Network Financial Institution in a sentence

  • All money will be transmitted by a Network Financial Institution.

  • If you are sending money to someone who has not enrolled as a User with Xxxxx®, either via a Zelle® Standalone Location or a Network Financial Institution, he/she will receive a text or email notification instructing him/her on how to enroll to receive the money.

  • All transfers of money to you shall be performed by a Network Financial Institution at the direction of that Network Financial Institution’s customer and at all times subject to the terms and conditions of the relevant service agreement between that Network Financial Institution and its customer, including without limitation any restrictions or prohibitions on permissible transactions.

  • You understand that use of the P2P Services by you shall at all times be subject to (i) this Agreement, and (ii) your express authorization at the time of the transaction for us or another Network Financial Institution to initiate a debit entry to your Eligible Account.

  • If the person to whom you sent money has already enrolled with Zelle®, either in the Zelle® Standalone Locations or with a Network Financial Institution, then the money is sent directly to that person’s Eligible Account (except as otherwise provided herein), and the transaction may not be canceled or revoked.

Related to Network Financial Institution

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Licensed financial institution means a financial institution issued a license under this act.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • Participating Financial Institution means a Financial Institution that has been approved by the Authority to enroll Qualified Loans in the Program and has agreed to all terms and conditions set forth in the Law and this Article and as may be required by any applicable federal law providing matching funding.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • Affected Financial Institution means (a) any EEA Financial Institution or (b) any UK Financial Institution.

  • Educational institution means a University or any educational institution recognized by the State Government, a University or other competent authority;