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Receiving Financial Institution definition

Receiving Financial Institution refers to us, when you are the Receiver, and the Receiver’s financial institution, when you are the Sender;
Receiving Financial Institution means Credit Union, when Member is the Receiver, and the Receiver’s financial institution, when Member is the Sender.
Receiving Financial Institution means the financial institution indicated in the Request where the Recipient should receive the Electronic Funds Transfer.

Examples of Receiving Financial Institution in a sentence

  • Our sole obligation is to transmit the Return Request to the Receiving Financial Institution through the Real-Time Payments Service.

  • Contact the Receiving Financial Institution and verify this information prior to completing this section.

  • Our sole obligation is to transmit the Return Request to the Receiving Financial Institution through the Real- Time Payments Service.

  • Always verify wiring instructions with the Beneficiary and/or Receiving Financial Institution before completing this section. Financial Institution Name – The Financial Institution where the wire will be sent. Financial Institution Address – The address of the receiving Financial Institution.

  • Please verify wiring instructions with the Recipient and/or Receiving Financial Institution.

  • Our sole obligation is to transmit the Return Request to the Receiving Financial Institution through the Faster Payment Services.

  • Phone #: _ Amount to be wired: $ Wire Fee: $ Total Debit: $ Beneficiary Information:Beneficiary Name(s): Beneficiary’s Account #: Address: City: State: ZIP Code: Receiving Financial Institution (FI) Information:Receiving FI ABA #: Financial Institution Name: Address: City: State: ZIP Code: Please be advised that the American Bankers Association (ABA) Routing & Transit Number shown on your Check or Deposit Slip may not be the appropriate number for processing your request.

  • The Routing Number Board permits this routing number to be transferred to another financial institution as needed by the State, for its exclusive use in receiving ACH at its designated ACH Receiving Financial Institution.

  • As a result, SCG maintains in its records only an omnibus account titled “UFCU for the exclusive benefit of its Members, acting for themselves and/or acting on a fiduciary capacity for others.” The omnibus balance is allocated among the Receiving Financial Institutions up to the maximum FDIC or NCUA insurance coverage at each Receiving Financial Institution.

  • Copies of the supporting cheques, application forms and any repayment cheques should be retained to provide an audit trail until the Receiving Financial Institution is informed by NDLEA or the investigating officer, that the records are of no further interest.


More Definitions of Receiving Financial Institution

Receiving Financial Institution means the financial institution that maintains an Account to which funds must be Credited pursuant to a Credit Instruction.

Related to Receiving Financial Institution

  • Participating Financial Institution means a Financial Institution that has been approved by the Authority to enroll Qualified Loans in the Program and has agreed to all terms and conditions set forth in the Law and this Article and as may be required by any applicable federal law providing matching funding.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Affected Financial Institution means (a) any EEA Financial Institution or (b) any UK Financial Institution.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • Qualified United States financial institution means an institution that:

  • Educational institution means a University or any educational institution recognized by the State Government, a University or other competent authority;