Remittance Transfer definition

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.” What qualifies as a Remittance Transfer Error
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 means an International Wire Transfer.

Examples of Remittance Transfer in a sentence

  • You acknowledge and agree that the Bank does not allow, and you will not request, a Remittance Transfer through the Bank Online Services.


More Definitions of Remittance 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. You acknowledge and agree that the Bank does not allow, and you will not request, a Remittance Transfer through the Bank Online Services. You also acknowledge and agree that the Bank does not allow wire transfers in foreign currency through Bank Online Services and that all payment orders you issue will be in United States Dollars and not foreign currency.
Remittance Transfer means a funds transfer initiated by a consumer primarily for personal, family or household purposes to a designated recipient in a foreign country.
Remittance Transfer must meet the following requirements:
Remittance Transfer has the definition provided in Section 12 (Protections for Remittances to Recipients with PayPal Accounts Outside of the United States) of this Agreement.
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 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.