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.”
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 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.
Examples of Remittance Transfer in a sentence
Remittance Transfers are governed by this Agreement and the Remittance Transfer disclosure that we may provide to you.
As part of our services, we require that you accept our (i) Privacy Policy, (ii) Remittance Transfer Terms, (iii) Cookie Policy; and (iv) E-Sign Disclosure and Consent Notice.
The provisions of the Remittance Transfer disclosures shall control over any inconsistent terms between this Agreement and the Remittance Transfer disclosures that we provide to you.
If you are a consumer and you request a wire transfer primarily for personal, family, or household purposes to a designated recipient in a foreign country, your wire transfer is a Remittance Transfer.
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 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 ▇▇▇-▇▇▇-▇▇▇▇ 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 ▇▇▇-▇▇▇-▇▇▇▇; or ▪ write us at Cathay Bank, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇-▇▇, ▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇▇ 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...
Remittance Transfer subject to the provisions of this Section. If an Account is a business account, or if Customer holding an Account is a business, then any funds-transfer transactions relating to the Account shall only be for business purposes even if a natural person issues or is authorized to issue a Payment Order with respect to the Account. How to cancel a Remittance Transfer You have the right to cancel a Remittance Transfer and obtain a refund of all funds paid to us, including any fees. In order to cancel, you must contact us at (▇▇▇) ▇▇▇-▇▇▇▇ within thirty (30) minutes of payment for 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 sent. We will refund your money within three (3) 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. What to do if you think there has been an error or problem: If you think there has been an error or problem with your Remittance Transfer: Write us at ▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇; or E-mail us at ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ You must contact us within one hundred eighty (180) days of the date we promised you that funds would be made available to the recipient. When you do, please tell us:
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 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.