Participating Depository Financial Institution definition

Participating Depository Financial Institution means a financial institution that (i) is authorized by applicable legal requirements to accept deposits, (ii) has been assigned a routing number by Accuity, and
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Participating Depository Financial Institution means a financial institution that (1) is authorized by law to accept deposits, (2) has been assigned a routing number by Thomson Financial Publishing, and (3) has agreed to be bound by the ACH Rules as in effect from time to time.
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Participating Depository Financial Institution or “Participating DFI” means a financial institution that (i) is authorized by Applicable Law to accept deposits, (ii) has been assigned a routing number, and (iii) has agreed to be bound by the Rules.
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Examples of Participating Depository Financial Institution in a sentence

  • Upon request, Customer shall furnish the original or a copy of the authorization to any affected Participating Depository Financial Institution, as defined in the Rules.

  • Upon request, Company shall furnish the original or a copy of the authorization to any affected Participating Depository Financial Institution, as defined in the Rules.

  • Upon request, Third-Party Sender shall furnish the original or a copy of the authorization to any affected Participating Depository Financial Institution, as defined in the Rules.

  • Upon request, the Company shall furnish the original or a copy of the authorization to any affected Participating Depository Financial Institution, as defined in the Rules.

  • Within five (5) business days of our request, you shall provide to us all information necessary to respond to any inquiries from NACHA or a Participating Depository Financial Institution about you or your Entries.

  • Upon request, Third-Party Sender shall furnish the original or a copy of the auth orization to any affected Participating Depository Financial Institution, as defined in the Rules.

  • Bank is a Participating Depository Financial Institution (“Participating Institution”) of the Western Payments Alliance (“WesPay”) and may initiate electronic funds transfer entries (“Entries”) by means of the Automated Clearing House (“ACH”).

  • Upon request, Company shall furnish the original or a copy of the Authorization Agreement to any affected Participating Depository Financial Institution, as defined in the Rules.

  • The BANK is a Participating Depository Financial Institution (“Participating Bank”) of the Regional Payments Association for the State of Colorado.

  • Upon request, Member shall furnish the original or a copy of the authorization to any affected Participating Depository Financial Institution, as defined in the Rules.