Positive Pay Service definition

Positive Pay Service means the Service provided by Bank to you as set forth in this Section 25.
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Positive Pay Service means the positive pay service provided by us to you as described in Paragraph 1.2 of this Part B.
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Positive Pay Service means the positive pay service provided by us to you as described in Clause 22.2(b) above.
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Examples of Positive Pay Service in a sentence

  • The ACH Positive Pay Service enables you to decision Automated Clearing House transactions ("ACH Transactions") associated with your deposit accounts (each, an "Authorized Account") based on the criteria set by you and the instructions you provide to us upon the initial setup of your user configuration.

  • If only one person makes the positive pay decision on the exception (even if they are an approver listed on the Positive Pay Service record), the exception will be processed based on the default decision.

  • This Check Positive Pay Service provides a payment application service designed to assist with managing the risk of unauthorized check transactions in Customer’s designated deposit Account(s) maintained with Provident.

  • This ACH Positive Pay Service provides a payment application service designed to assist with managing the risk of unauthorized Automated Clearing House (“ACH”) transactions in Customer’s designated deposit Account(s) maintained with Provident.

  • Client acknowledges that this Service Description covers the Positive Pay Service to be provided by Bank and, except as specifically provided in this Service Description, does not cover the handling of the Account or the processing of checks or electronic funds transfers against the Account.

  • Bank may terminate Customer’s use of this Positive Pay Service at any time, with or without cause.

  • This gives the impression that the output of r1 cannot flow directly to O (without going through r3).Algorithm RelevUserViewBuilder, given in Figure 5, takes as input a workflow specification Gw and a set of relevant modules R, and produces a user view U = {M1, ..., Mn}.Such U not only preserves Properties 1-3, but it is minimal: Fig.

  • These Fraud Safeguard Services include, by way of example and not exclusion, our ACH Fraud Protection Service (including ACH Filters with ACH Positive Pay and ACH Blocks) and our Check Positive Pay Service (with or without Payee Verify).

  • In addition to the Item issue information provided by Customer for the Positive Pay Service, Customer shall supply Bank with the payee name(s) for each Item issued by Customer.

  • Except as provided in this ACH Positive Pay Service Agreement, the Bank shall authorize and process a Debit Entry without further examination only if it is preauthorized by the Customer as provided in the Debit Entry instructions the Customer provides or the Customer defines within Cash Management.


More Definitions of Positive Pay Service

Positive Pay Service means the services described in Schedule D to this CMTS Agreement that allow you to monitor Customer Checks or ACH electronic funds transfers via the System in order to help reduce fraud.
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Positive Pay Service means the Check / ACH fraud reduction program that is offered by LBS to enable you to instruct LBS to return certain unauthorized debits presented for payment on the checking account(s) held by LBS.
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Positive Pay Service refers to the services described in Section 4 of this Addendum.
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Related to Positive Pay Service

  • CMU Service means the Central Moneymarkets Unit Service, operated by the Hong Kong Monetary Authority;

  • approach control service means air traffic control service for arriving or departing controlled flights;

  • Competitive integrated employment means work (including self-employment) that is performed on a full-time or part-time basis:

  • Non-Highly Compensated Employee means an Employee who is not a Highly Compensated Employee.

  • Affiliated Employer means any corporation which is a member of a controlled group of corporations (as defined in Code Section 414(b)) which includes the Employer; any trade or business (whether or not incorporated) which is under common control (as defined in Code Section 414(c)) with the Employer; any organization (whether or not incorporated) which is a member of an affiliated service group (as defined in Code Section 414(m)) which includes the Employer; and any other entity required to be aggregated with the Employer pursuant to Regulations under Code Section 414(o).

  • Service Year means fiscal year, except that:

  • Related Employer means the Employer and (a) any corporation that is a member of a controlled group of corporations as defined in Code Section 414(b) that includes the Employer and (b) any trade or business that is under common control as defined in Code Section 414(c) that includes the Employer.

  • area control service means air traffic control service for controlled flights in control areas;

  • aerodrome control service means air traffic control service for aerodrome traffic;

  • Highly Compensated Employee means any Employee who:

  • School employer means a board of school directors, the

  • Distribution Service means the delivery of electricity to Customers by the Distribution Company.

  • Competing Service means implementation, consulting, support, maintenance, development and/or training services relating to or in connection with the use of any Company Products or Competing Products.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Cloud Service means any distinct, subscription-based, hosted, supported and operated on-demand solution provided by SAP under an Order Form.

  • Affiliated employee means any individual employed by a recipient who receives compensation directly from government assistance or a contract with the District of Columbia government, including any employee of a contractor or subcontractor of a recipient who performs services pursuant to government assistance or a contract. The term “affiliated employee” does not include those individuals who perform only intermittent or incidental services with respect to the government assistance or contract, or who are otherwise employed by the contractor, recipient or subcontractor.

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Plan Year means the calendar year.

  • Nonhighly Compensated Employee means an Employee who is not a Highly Compensated Employee.

  • Deferral Year means each calendar year during which the Director makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Affiliation period means a period which, under the terms of the health insurance coverage offered

  • Customized employment means an approach to supported employment which individualizes the employment relationship between employees and employers in ways that meet the needs of both. Customized employment is based on an individualized determination of the strengths, needs, and interests of the person with a disability and is also designed to meet the specific needs of the employer. Customized employment may include employment developed through job carving, self-employment or entrepreneurial initiatives, or other job development or restructuring strategies that result in job responsibilities being customized and individually negotiated to fit the needs of the individual with a disability. Customized employment assumes the provision of reasonable accommodations and supports necessary for the individual to perform the functions of a job that is individually negotiated and developed.

  • Head of Paid Service means the person designated as such by the Council under Section 4 of the 1989 Act

  • PCP means Primary Care Provider.

  • Total service means all service as a teacher or nonteacher while a member of the

  • Elective Deferrals mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Basic Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]