REFUND ACCOUNT FEE definition
REFUND ACCOUNT FEE means the amount payable to the Originator by a Settlement Products Client for setting up and administering the Deposit Account for any Settlement Products.
REFUND ACCOUNT FEE means the amount payable to the RAL Originator by a RAL Customer for setting up and administering the deposit account for any RAL or RAC.
Examples of REFUND ACCOUNT FEE in a sentence
I ACKNOWLEDGE THAT I CAN RECEIVE MY TAX REFUND IN APPROXIMATELY THE SAME AMOUNT OF TIME WITH A DIRECT DEPOSIT BY THE TAXING AUTHORITY OF MY REFUND INTO MY OWN SEPARATE BANK ACCOUNT WITHOUT PAYING ANY REFUND ACCOUNT FEE.