Scheduled Transfer Date definition

Scheduled Transfer Date means the day on which you have instructed the Bank (via an Instruction) to begin to initiate a Transfer. This may not necessarily be the same date that the funds are actually transferred into another of your accounts.
View Source
Scheduled Transfer Date means the Business Day of your choice upon which your Transfer Instructions will be carried out, your Transferring Account will be debited and the Receiving Account will be credited; and, "Cutoff Time" means 8:00 p.m. Eastern Standard Time on any Business Day and is the time by which you must transmit Transfer Instructions to have them considered entered on that particular Business Day.
View Source
Scheduled Transfer Date is the day you want your Transfer Account debited, unless the requested date for a future dated transfer falls on a non-Business Day, then the Scheduled Transfer Date will be the Business Day following the requested date.
View Source

Examples of Scheduled Transfer Date in a sentence

  • Transfers to an installment loan must be in the amount of your regular monthly payment and will be posted to your loan on the Scheduled Transfer Date.

  • Customer must have sufficient Available Funds before the established funds transfer cut-off time on the Scheduled Transfer Date as described below.

  • Transfers to a line of credit or an installment loan must be in the amount of the payment due shown on your coupon or statement, and the Scheduled Transfer Date you select must be before your due date.

  • If you designate an Internal Transfer as a recurring transfer, you may request, and we will use, a Scheduled Transfer Date that re-occurs on a specified regular basis (e.g., weekly, semi-monthly, monthly, etc).

  • Scheduled future Internal Transfers may be cancelled up to the established funds transfer cut-off time in advance of the Scheduled Transfer Date.

  • You must have sufficient Available Funds before the established funds transfer cut-off time on the Scheduled Transfer Date as displayed on the Service’s site.

  • Scheduled Transfers that are scheduled at least one day in advance of the Scheduled Transfer Date are typically processed on the same Business Day as the Scheduled Transfer Date.

  • If it is not, the Scheduled Transfer Date will be deemed to be the first business day following the date indicated.

  • Recurring transfers may be cancelled up to the established funds transfer cut-off time in advance of the Scheduled Transfer Date.

  • If Customer designates an Internal Transfer as a recurring transfer, Customer may request, and Bank will use, a Scheduled Transfer Date that re-occurs on a specified regular basis (e.g., weekly, bi-weekly, semi-monthly, monthly, etc.).


More Definitions of Scheduled Transfer Date

Scheduled Transfer Date has the meaning specified in Clause 6. 03(c);
View Source
Scheduled Transfer Date means the date on which Customer instructs Bank to execute a Payment Order or, in the event no such date is provided, the date on which Bank receives Customer’s Payment Order.
View Source