Primary Account definition

Primary Account or “Settlement Account” shall mean, in case of multiple Accounts linked to the ATM/Debit Card, the Account that has been designated as being the main/first Account of operation i.e. the Account from which purchase transactions, charges and fees related to the ATM/Debit Card are debited.
Primary Account means such primary Account that is linked to the Card.
Primary Account means in case of multiple accounts linked to the Card, the account that has been designated as being the main/first account of operation i.e. the account from which purchase transactions, cash withdrawals, charges and fees related to the card are debited.

Examples of Primary Account in a sentence

  • Final pricing will be negotiated accordingly by the Primary Account Manager.

  • Point of Sale (POS) transactions will be deducted from your Primary Account.

  • Except as set forth in the prior section, any Joint Account Holder has the same authority as the Primary Account Holder with respect to the Joint Account and may exercise that authority without notice to the other Account Holders.

  • An estate account is established as a Personal Account and the deceased person’s estate is the Primary Account Holder.

  • We will notify you at the last address of the Primary Account Holder shown on our account records before imposing any fee.


More Definitions of Primary Account

Primary Account means your personal transactional savings, current or credit card account with us, used to participate in UCount Rewards.
Primary Account means the Account you designate for Online Banking Service fees to be charged.
Primary Account means the Account designated by Customer to which any direct Service Fees (as defined below) due Bank may be charged in accordance with this Agreement. Unless otherwise agreed upon in writing by Bank, the address for Customer associated with the Primary Account shall be the address to which all notices and other communications concerning the Services may be sent by Bank.
Primary Account means the checking or prepaid account, if eligible, you designate for paying any potential monthly service-fees;
Primary Account means one of the accounts, as described above directly linked to the Debit Card, which will be debited for transactions, performed using the Debit Card and PIN.
Primary Account means the account under which the customer has registered the Phonebanking Service.
Primary Account means in case of multiple accounts linked to the Card, the account that has been designated as being the main/first account of operation