Processing Institution means the financial institution that holds the account to be credited/debited by means of electronic funds transfer;
Processing Institution means the financial institution that holds the account to be credited/debited by means of Electronic Funds Transfer.
Processing Institution means the Canadian financial institution that holds your Bank Account(s) to be credited/debited by means of electronic funds transfers.
Examples of Processing Institution in a sentence
I/We acknowledge that any claim made after the periods set out above must be resolved solely between me/us and the Payee and there is no entitlement to reimbursement from the Processing Institution.
I/We acknowledge that provision and delivery of the Authorization to the Payee constitutes delivery by me/us to the Processing Institution.
I/we agree that a password or security code or other signature equivalent will be issued and will constitute valid authorization for the Processing Institution to debit the Account.
I/We acknowledge that provision and delivery of this Authorization to Payee constitutes delivery by me/us to Processing Institution.
I/We acknowledge that Processing Institution is not required to verify that a PAD has been issued in accordance with the particulars of this Authorization, including, but not limited to, the amount.
More Definitions of Processing Institution
Processing Institution means the credit union or chartered bank that holds the Account to be credited/debited by means of Electronic Funds Transfer.
Processing Institution means the financial institution that holds your Processing Institution Account.
Processing Institution means an Institution that holds the account of Payee, which is to be credited with a Direct Deposit.
Processing Institution and is provided in consideration of the Processing Institution agreeing to process debits (“PADs”) against the Account with the Processing Institution in accordance with the Rules of the Canadian Payments Association (the “CPA Rules”).By signing this agreement, the Payer acknowledges having received and having read a copy of this agreement, acknowledges understanding the terms and conditions of this agreement, and agrees to be bound by the terms and conditions of this agreement. I/We warrant and guarantee that the person(s) whose signature(s) are required to sign on the Account have signed the agreement. AUTHORIZATION (If only one signature is required for the Account, then only one Payer need sign. If two or more signatures are required, then both or all Payers must sign.) Account Holder’s Signature Date Account Holder’s Signature Date CANCELLATION OF PAYMENT: cancellation of this PAD must be made in writing to WRCA.
Processing Institution means the financial institution that holds the account to be credited/debited by means of Electronic Funds Transfer. • “Processing Institution Account” means my Account at the financial institution. • “Account” means my Account with CFIS or CAM, as may be applicable • “NAAF” means the CFIS client application package. a. I acknowledge that my financial transactions may be handled by CAM Electronic Funds Transfer (EFT) service or CFIS Electronic Funds Transfer service, as may be applicable. The Processing Institution Account that CAM and CFIS are each authorized to deposit or draw upon has been specified by me in my NAAF, the CAM Electronic Funds Transfer form or the CFIS Electronic Funds Transfer form. b. A specimen cheque has been marked “VOID” and attached to my NAAF, to the CAM Electronic Funds Transfer form or to the CFIS Electronic Funds Transfer form. c. I acknowledge that this authorization is provided for the benefit of CAM, CFIS and the Processing Institution and is provided in consideration of the Processing Institution agreeing to process credits or debits for or against, respectively, my Processing Institution Account in accordance with the Rules of the Canadian Payments Association. d. I warrant and guarantee that all persons whose signatures are required to sign on my Processing Institution Account(s) have provided their signature(s) on my NAAF, on the CAM EFT form or on the CFIS EFT form. e. I hereby authorize each of CAM and CFIS, as may be applicable, to deposit or draw on the Processing Institution Account, for the following purposes: f. Depositing credit balances from my CAM or CFIS Account(s) upon my authorization; g. Debiting my Processing Institution Account for the purpose of settling trades in my CAM or CFIS Account(s). h. I may change or revoke this authorization at any time upon providing 10 days written notice to either of CFIS, as may be applicable. Such change or revocation will relate only to the authorization of the entity (either CFIS or CAM) that has received the change or revocation within the timing outlined herein. i. I acknowledge that either of CAM or CFIS, as may be applicable, have the right to terminate my authorization as it relates to that terminating entity, if through no fault of your own you are unable to debit the Processing Institution Account(s) in the full amount that I have specified. j. I acknowledge that provisions and delivery of this authorization to CAM and CFIS, as may be applicable, constitutes deliv...
Processing Institution. Address: Address: Phone Number: Account Information: Route: ⬜⬜⬜⬜ Transit: ⬜⬜⬜⬜⬜ Account: ⬜⬜⬜⬜⬜⬜⬜⬜⬜⬜⬜⬜ ATTACH VOIDED CHEQUE HERE Transaction Information: Pad Type: Personal PAD Funds Transfer PAD Business PAD CPA transaction Type: Purpose of Payment: Amount of Payment Fixed: $ Variable: Not to exceed $ Frequency: One Time Monthly day of month Weekly Quarterly day of month Bi-Weekly Semi Annual day of month Semi-Monthly 15th & last Annual Monthly, Last Day Other First Due Date / / yy mm dd Last Due Date / / yy mm dd Sporadic AUTHORIZATION I/We acknowledge that this Authorization is provided for the benefit of the "Payee" and "Processing Institution" and is provided in consideration of Processing Institution agreeing to process debits ("PADs") against the Account with Processing Institution in accordance with the Rules of the Canadian Payments Association (the "CPA Rules"). By signing this Authorization, the Payor acknowledges having received and having read a copy of this Agreement, including the terms and conditions on page 2, acknowledges understanding the terms and conditions of this Agreement, and agrees to be bound by the terms and conditions of this Agreement, including the terms and conditions on page 2. I/We warrant and guarantee that the person(s) whose signature(s) are required to sign on the Account have signed the Authorization. Signature of Payor Date Signature of Payor Date Note: If only one signature is requires for the account, then only one Payor need sign. However if two or more signatures are required then both or all Payors must sign. WAIVER OF PRE-NOTIFICATION (Does not apply to sporadic PADS) I/We waive any and all requirements for pre-notification of debiting, including, without limitation, pre-notification of any changes in the amount of the PAD due to a change in any applicable tax rate, top-up, or adjustment. Signature of Payor Date Signature of Payor Date CANCEL PAYMENT ( days notice is required before the next PAD will be issued. Cannot exceed 30 days) Signature of Payor Date Signature of Payor Date
Processing Institution and is provided in consideration of the Processing Institution agreeing to process debits (“PADs”) against the Account with the Processing Institution in accordance with the Rules of the Canadian Payments Association (the “CPA Rules”). By signing this agreement, the Payer acknowledges having received and having read a copy of this agreement, acknowledges understanding the terms and conditions of this agreement, and agrees to be bound by the terms and conditions of this agreement. I/We warrant and guarantee that the person(s) whose signature(s) are required to sign on the Account have signed the agreement. AUTHORIZATION Account Holder’s Signature Date CANCELLATION OF PAYMENT: cancellation of this PAD must be made in writing to WRCA.