Payments Canada Rules definition

Payments Canada Rules means the published rules and standards of the Canadian Payments Association as amended from time to time.
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Payments Canada Rules means the rules, by-laws, regulations and standards of Payments Canada, as amended from time to time.
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Examples of Payments Canada Rules in a sentence

  • I also acknowledge that the Credit Union's role with respect to any claim I may make for reimbursement of any pre-authorized debit for consumer goods and services is solely to forward the complaint to the proper authority under the Payments Canada Rules related to such arrangements.

  • I also acknowledge that the Credit Union's role with respect to any claim I may make for reimbursement of any pre- authorized debit for consumer goods and services is solely to forward the complaint to the proper authority under the Payments Canada Rules related to such arrangements.

  • Claims must be made in writing to the Financial Institution within the specified time periods and in compliance with the Payments Canada Rules, as they may be amended from time to time.

  • Payroc may also cancel this PAD Agreement by providing Merchant with at least 10 business days’ notice in accordance with the Payments Canada Rules.

  • Without limiting the generality of the foregoing, ATB Financial is required to comply with Payment System Rules and regulations on clearing (including Payments Canada Rules), third party agreements and other matters that may prevent ATB Financial from complying with the Client’s Instructions for payments or fund transfers if Instructions are not received within time frames required by such rules, regulations and agreements.

  • The Financial Institution will not be responsible for any loss suffered by the Depositor due to the Depositor’s failure to comply with the Payments Canada Rules.

  • It is Your sole responsibility to obtain a copy of the Payments Canada Rules and comply with Your obligations thereunder.

  • Notwithstanding any such termination, the provisions of this Agreement and the provisions of the Payments Canada Rules shall continue to remain in full force and effect with respect to any Direct Deposits processed in accordance with the provisions of this Agreement prior to the day that the termination takes effect and until such time as all such outstanding transactions have been posted to the Payor ’s Current Account.

  • Without limiting the generality of the foregoing, ATB Financial is required to comply with payment system rules and regulations on clearing (including Payments Canada Rules), third party agreements and other matters that may prevent ATB Financial from complying with the Client’s Instructions for payments or fund transfers if Instructions are not received within time frames required by such rules, regulations and agreements.

  • The Payee shall, upon the request of Affinity and in compliance with the Payments Canada Rules, make every reasonable effort to obtain a copy of the Payor’s authorization to issue or cause to be issued the PAD in dispute by the Payor and provide it to Affinity within a reasonable time after receipt of the request.