Not Sufficient Funds (NSF) definition

Not Sufficient Funds (NSF) means insufficient available funds in a bank account for which direct-billing has been authorized.
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Examples of Not Sufficient Funds (NSF) in a sentence

  • If it becomes necessary for the University to take legal action to collect the Client’s unpaid balance, the Client agrees and understands they will be responsible for all costs incurred by University related to such action, including, but not limited to, Not Sufficient Funds (NSF) charges, finance charges, attorney’s fees, and any other associated costs.

  • Payment not accepted due to Not Sufficient Funds (NSF): $22 if you make a payment on your Visa Account that is not accepted because your cheque bounces or any other type of payment method is not accepted.

  • With respect to any item that you transmit to us for remote deposit that we credit to your account, in the event such item is dishonored, you authorize us to debit the amount of such item from your account, plus a $20.00 Not Sufficient Funds (NSF) return fee as stated in our Cost Recovery Schedule of Fees.

  • Any Not Sufficient Funds (NSF) cheque payments) will result in the immediate cancellation of the employee’s health benefits.

  • Any Not Sufficient Funds (NSF) cheque payments will result in the immediate cancellation of the employee’s health benefits.

  • We also may assess a Not Sufficient Funds ("NSF") fee on your Payment Account.

  • You will be charged for any stop payments or Not Sufficient Funds (NSF) transactions.