Remittance Transfer is a transaction that meets the following criteria: • The payment is sent from a personal PayPal account that is used primarily for personal, family or household purposes, • The payment is made for personal, family or household purposes, • The payment is made using the send money feature through your PayPal account, • The payment amount equals or exceeds $15 U.S dollars (excluding fees charged to you) or the foreign currency equivalent calculated using exchange rates in effect at the time of the transaction, and • The recipient of the payment has a PayPal account in a country outside the U.S. Payments that you make at a merchant website or location by selecting PayPal as a payment option are not “Remittance Transfers.”
Remittance Transfer is a wire transfer initiated by a consumer primarily for personal family or household purposes to a designated recipient in a foreign country. Truth in Savings Fee Schedule is the disclosure of the fees that are associated with the account, may be referred to as “Schedule” for the sake of this Agreement.
Remittance Transfer is an electronic transfer of funds, including, for the avoidance of doubt, an electronic transfer sent by wire and, in an amount more than $15 that is requested by a consumer in the United States, and sent to a beneficiary in a foreign country. Remittance Transfers are governed by the Electronic Funds Transfer Act and Regulation E, which provide certain rights and obligations that differ from the rights and obligations that apply to other types of Funds Transfers. Among other things, this means that when you request a Remittance Transfer, specific disclosures about the details of the requested Remittance Transfer will be made available to you at the time you authorize the Remittance Transfer; you should print the disclosure for your records. Your disclosure and the remittance transfer rules in the Electronic Funds Transfer Act and Regulation E will take precedence over any conflicting provisions contained in this Agreement. You have the right to cancel a remittance transfer and obtain a refund of all funds paid to us, including any fees. You may cancel a same-day remittance transfer that is in “Authorized” status within 30 minutes of authorizing the remittance transfer, or in the case of a preauthorized (future-dated) transfer no later than 3 business days before the scheduled transfer date. If the transfer status is “Processed,” you must contact us at 000-000-0000 to request to cancel the transfer. When you contact us, you must provide us with information to help us identify the transfer you wish to cancel, including the amount and location where the funds were to be sent. We will refund your money within three business days of your request to cancel a transfer as long as the funds have not already been picked up or deposited into a recipient’s account. If you think there has been an error or problem with your Remittance Transfer: ▪ call us at 000-000-0000; or ▪ write us at Cathay Bank, 0000 Xxxxx Xxxxx, XX-00, Xx Xxxxx XX 00000 You must contact us within 180 days of the date we promised to you that funds would be made available to the recipient. When you do, please tell us: ▪ your name and address; ▪ the error or problem with the transfer, and why you believe it is an error or problem; ▪ the name of the person receiving the funds, and if you know it, his or her telephone number or address; ▪ the dollar amount of the transfer; and ▪ the confirmation code or number of the transaction. We will determine whether an error occurred within 90 days after you con...
Examples of Remittance Transfer in a sentence
Actions we’ll take related to Remittance Transfer Errors: Once you notify us of an error, we will: • Conduct an investigation to determine whether a Remittance Transfer Error has occurred.
Payment occurs when funds are deducted from your designated account to cover the Remittance Transfer amount and any associated fees and taxes, which begins the 30-minute time period for cancellation addressed herein which is not calculated from the time we actually send funds.
When you contact us, you must provide us with information to help us identify the Remittance Transfer you wish to cancel, including the amount and location where the funds were sent, and, preferably the Reference Code printed on the Disclosure provided when you ordered the Remittance Transfer.
Wire Transfers made primarily for personal, family or household purposes by a consumer (a natural person, as opposed to a corporation, etc.) in a State to a recipient at a location in a foreign country (Remittance Transfer) are subject to special rules that override our general Wire Transfer rules.
However, wire or other fund transfers sent outside the United States that are initiated primarily for personal, family or household purposes (called Remittance Transfers) are governed by federal law, and not this section; your rights regarding Remittance Transfers will be disclosed to you in connection with each Remittance Transfer transaction that you make.
More Definitions of Remittance Transfer
Remittance Transfer means an International Wire Transfer.
Remittance Transfer means an international consumer transfer of more than $15, requested by consumers in the
Remittance Transfer is a wire transfer initiated by a consumer primarily for personal, family or household purposes to a beneficiary in a foreign country. Electronic Funds Transfers (except for wire transfers) to or from a consumer Account are subject to the disclosures set forth in Section 5.14, “Consumer Accounts,” which shall control in the event of a conflict with any other terms of this Agreement.
Remittance Transfer is a transaction that meets the following criteria: • The payment is sent from a PayHalal™ account; • The payment is made for personal, family or household purposes; • The payment is made using the send money feature through your PayHalal™ account; • The payment amount equals or exceeds RM50.00 (excluding fees charged to you) or the foreign currency equivalent calculated using exchange rates in effect at the time of the transaction, and • The recipient of the payment has a PayHalal™ account in a country outside Malaysia. Payments that you make at a merchant website or location by selecting PayHalal™ as a payment option are not “Remittance Transfers.” The following are NOT considered Remittance Transfer Errors: • An inquiry about the status of a Remittance Transfer, except where the funds from the transfer were not made available to a designated recipient by the disclosed date of availability; • A request for information for tax or other recordkeeping purposes; • A change requested by the designated recipient, or; • A change in the amount or type of currency received by the designated recipient from the amount or type of currency stated in the disclosure provided you, if we relied on information provided by you in making the disclosure. If you think there has been a Remittance Transfer Error or problem with your Remittance Transfer, you must inform us in writing with the following detail: • Your name, address and telephone number; • The error or problem with the transfer, and why you believe it is an error or problem; • The name of the person receiving the funds, and if you know it, his or her telephone number or address; • The amount of the transfer, and; • The confirmation code or number of the transaction; We will determine whether an error occurred within 90 days after you contact us and we will correct any error promptly. We will tell you the results within 3 Business Days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of any documents we used in our investigation.
Remittance Transfer means an electronic transfer of funds initiated from a consumer account located in the United States primarily for personal, family or household purposes to a recipient (hereafter referred to as the “beneficiary”) located outside the United States. Special rules apply to Remittance Transfers. For each Remittance Transfer that Customer initiates, Bank must provide Customer with disclosures required by federal law at the time Customer initiates the Remittance Transfer. To the extent that the provisions of this Agreement are inconsistent with the disclosures provided to Customer for a Remittance Transfer, the provisions of such disclosures shall govern. Disclosures may be furnished to Customer electronically where Customer has agreed to receive disclosures electronically.
Remittance Transfer is an electronic transfer of funds initiated from a consumer account located in the United States primarily for personal, family, or household purposes to a designated beneficiary located outside the UnitedStates.
Remittance Transfer is a wire transfer initiated by a consumer primarily for personal, family or household purposes to a beneficiary in a foreign country. Remittance Transfers are also governed by the Electronic Funds Transfer Act. You have certain rights in connection with Remittance Transfers, which will be explained at the time you initiate a Remittance Transfer. With respect to wire transfers, you agree to be bound by any rules and regulations then in effect governing the use of any system through which such transfers are conducted. Each payment order may be executed by the Bank using the funds transfer system of the Federal Reserve Bank or other funds transfer system. Each payment order will be subject to Applicable Laws whether or not the Bank is a member of the funds transfer system. You agree to pay us the amount of any wire transfer that we execute based on your payment order. You also agree to pay us the amount of any fees and charges applicable to wire transfers. In the event that your wire transfer does not become final, your underlying obligation to that receiver will not be discharged. If a wire transfer to you from another party does not become final, then that party’s underlying obligation to you will not be discharged. Any credit to your Account resulting from a wire transfer is provisional until we receive final settlement for the funds. If we do not receive final settlement for the funds, then you agree that we may reverse the credit to your Account or that you will otherwise reimburse us if funds in your Account are not sufficient. If we receive satisfactory documentation that a wire transfer was made in error, or for an erroneous amount, we may debit your Account for the amount erroneously credited, or you agree to otherwise reimburse us if funds in your Account are insufficient.