Online Wire Transfer definition

Online Wire Transfer means the transferring of funds from Company’s Wire Account to a Payee via Treasury Online Banking.
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Online Wire Transfer means the transferring of funds from Company’s Wire Account to a Payee via Online Banking.
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Online Wire Transfer means a Wire Transfer initiated by a Customer via the Bank's Online Banking Services. “On-Us Entries” means Entries received for debit/credit to an account maintained with the Bank.
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Examples of Online Wire Transfer in a sentence

  • Errors or Questions of the Online Wire Transfer Service Section of this Agreement for information.

  • The Bank’s Online Wire Transfer Service allows you to send a U.S. Dollar or specified Foreign Currency (FX) Wire Transfer from your eligible East West Bank account to other account(s) held by you or another recipient at a domestic (United States) or international financial institution.

  • Adding the Online Wire Transfer Service requires all System Managers or System Users at Company who will submit or approve Online Wire Transfers to use a security token when submitting Online Wire Transfer instructions to Bank.

  • Bank’s Standard Authorization Procedure recommends Company to require a secondary authorization for all Online Wire Transfer instructions.

  • In order to process an Online Wire Transfer to a foreign country, additional information is required.

  • Subject to the terms and conditions of the Agreement, Bank will follow Company’s Online Wire Transfer instructions by debiting Company’s Account, and remitting the funds on Company’s behalf to the Payee.

  • Bank is not required to honor any Online Wire Transfer instructions if the Collected Balance in the Wire Account is not sufficient for the amount of the Online Wire Transfer instructions.

  • Bank offers its Treasury Online Banking Service to enable Company to issue Online Wire Transfer instructions directly from its terminal or personal computer directly to Bank’s wire transfer system via the internet.

  • Company represents that Online Wire Transfer instructions are complete and accurate.

  • If Online Wire Transfer instructions identify a financial institution inconsistently by name and identification number, the identification number may be relied upon as the proper identification required by the Payee’s bank.


More Definitions of Online Wire Transfer

Online Wire Transfer means a Wire Transfer initiated by a Customer via the Internet Banking Services.
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Online Wire Transfer means a Wire Transfer initiated by a Customer via the Bank’s Commercial Online Banking Services.
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Related to Online Wire Transfer

  • Wire Transfer means a payment in immediately available funds by wire transfer in lawful money of the United States of America to such account or accounts as shall have been designated by notice to the paying party.

  • Funds-transfer system means a wire transfer network, automated clearinghouse, or other communication system of a clearinghouse or other association of banks through which a payment order by a bank may be transmitted to the bank to which the order is addressed.

  • Transfer Any direct or indirect transfer or sale of any Ownership Interest in a Residual Certificate.

  • Electronic Funds Transfer means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.

  • Electronic File Transfer means any system or process that utilizes an electronic format and protocol to send or receive data files.

  • Electronic Funds Transfer (EFT) indicator means a four-character suffix to the unique entity identifier. The suffix is assigned at the discretion of the commercial, nonprofit, or Government entity to establish additional System for Award Management records for identifying alternative EFT accounts (see subpart 32.11) for the same entity.