Sending Account definition

Sending Account means any Account that sweeps funds to another Account in Customer’s Account hierarchy.
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Sending Account has the meaning given to it in Section 10.6 e); Services means the services available through ATB Business or other means (as determined by ATB Financial) and those services to which the Client subscribes, as applicable, and ATB Financial agrees to provide as outlined in this Agreement and any accompanying Service Schedule(s). This includes the Basic Services as well as any specific Cash Management Services offered by ATB Financial from time to time as outlined in this Agreement and any applicable Service Schedule(s); Service Provider means any of ATB Financial’s suppliers, licensors, service providers, vendors or any third party which provides a product, service, system, platform, technology or network used in relation to the Services; Services Requesting Documentation has the meaning given to it in Section 2.3; Service Schedule means each individual agreement(s) that supplements and forms part of this Agreement pursuant to which specified Services are offered; Signing Officers means, in respect of any Account, a person who is authorized to give instructions in respect of the Account; Spread has the meaning given to it in Section 10.10; Termination Event has the meaning given to it in Section 18.4;
Sample 1

Examples of Sending Account in a sentence

  • Upon receipt of requests for Transfers transmitted through the System (each, a “Payment Order”), the Branch is authorized to transfer funds from any Account specified in the Payment Order (a “Sending Account”) to any other account specified in the Payment Order (a “Receiving Account”) and to charge to the Sending Account the amount of the Payment Order and any applicable fees and charges.

  • When initiating a Transfer in the Account Center, a confirmation screen will appear that will include fields for: (a) the dollar amount of the requested Transfer; (b) a Receiving Account; (c) a Sending Account; (d) any applicable Transfer Service fee amount (the “Transfer Service Fee”); and (e) the total amount of the requested transaction to be added to your Account or debited from your Account, as applicable, which will include the Transfer Service Fee, if any.

  • For an Inbound Transfer, your Account may be referred to as the "Receiving Account", and your Linked Account may be referred to as the "Sending Account." For an Outbound Transfer, your Linked Account may be referred to as the “Receiving Account” and your Account may be referred to the “Sending Account”.

  • Reference Numbers for Pooled Equipment DocketsConsignment Note number or Sending Account Sales Order number and Purchase Order number for receiver.

  • The Global ACH Transfer Amount will be debited from the Sending Account on the Scheduled Date for the related Global ACH Transfer.

  • INSTRUCTIONS TO PRESENT IRA CUSTODIAN OR TRUSTEE (Completed by Depositor) Name of Custodian/Trustee ___________________________________________________ Attn: Mr./Ms. ______________________________________________________________ Address _____________________________________________________________________ Street City State Zip Identification of Sending Account (including Account No.______________________ Please transfer assets from the above account to State Street Bank and Trust Company.

  • H) Approval of Ratification of Public Employee Benefits Cooperative’s (PEBC) representation of indemnity regarding FlexBen Corporation’s transfer of data to the new 2006 administrator of the Flexible Sending Account component of the employee benefit package, and any appropriate action.

  • Reference Numbers for Pooled Equipment DocketsPurchase Order Number of Receiver and Sending Account Reference (Consignment Note number or Sales Order number), refer to table on page four.

  • ATB Financial will charge a fee to return the Global ACH Transfer, which is charged directly to the Sending Account at the time of the return.

  • Reliance on Documents, Opinions, etc.................................................34 SECTION 6.03.

Related to Sending Account

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Checking Account means a Demand Deposit account (DDA), a Negotiable Order of Withdrawal (NOW) account, a Savings account and a Money Market account at the Bank that you open through the Bank website; "Account" includes any Checking, Certificate of Deposit, or Savings account at the Bank opened through the Website or in person; "Card" means an automated teller machine card and/or a VISA debit card that accesses your Checking, Savings, Money Market, or NOW account; "PIN" means the personal identification number you use in connection with your Card; "Password" means the password you use to access the Website and your Bank Accounts through a personal computer or other electronic terminal; "Access Device" means your Card, Password, or other device or code we make available to you to access your Accounts; "Business Day" means Monday through Friday, except federal holidays; and "Authorized User" means any person you authorize or permit to use your Card, Password or other Access Device to access your Accounts, whether that person uses the Access Device to obtain information or to conduct a transaction. This EFT Agreement is part of the Banking Documents. Other terms used in this EFT agreement may be defined elsewhere in the Banking Documents. • ATM Safety • Funds Transfers • Other Electronic Fund Transfer Services • Liability For Unauthorized Electronic Transfers • Other Electronic Fund Transfer Services Types of Transactions‌ We offer the following types of Electronic Fund Transfers (EFT) Services for your Checking Account. • Direct Deposits. You can arrange for direct deposits to your checking and savings account(s). • Preauthorized Credits/Debits. We accept, on your behalf preauthorized Credits/Debits drawn on your Deposit Accounts which allow unrestricted activity. Through our electronic bill payment service, you are able to electronically transfer funds from your Deposit Account to other parties, provided the account allows such activity. We may conduct these transactions via Automated Clearinghouse (ACH) transfer. We may also accept and direct funds by wire transfer. Each of these services has unique fees associated with the transaction. Please consult our Schedule of Fees herein. When you provide the party initiating the withdrawal or deposit with advance authorization to make recurring ACH transfers to or from your Account, the transfers are referred to as "preauthorized transfers." Because these preauthorized transfers are performed electronically through the ACH, they are governed by federal regulations pertaining to EFT Services, which entitle you to certain benefits and protections in connection with the EFT Services, such as the right to receive a copy of your written authorization to make preauthorized transfers from your Account from the party that obtains it. • ATM and Point-of-Sale Transactions. ATM Transactions. ATM Cards issued by us to you remain our property and you may be requested to return the Card to us at any time for any reason. Each card is used in conjunction with an authorizing Personal Identification Number ("PIN"). To guard against someone initiating a transaction that you have not authorized, you must take all reasonable precautions to prevent any other person from learning your PIN. If you permit or authorize another person to use your Card and PIN, you will be liable for all resulting transactions. You may use your Card at ATMs which are a part of an Electronic Funds Transfer service network to which the Bank belongs ("EFT network"). ATM withdrawals are available up to the daily authorization limits disclosed below, provided the available balance in the Deposit Account associated with your card is greater than or equal to the amount requested, plus any fees that may be charged along with the cash disbursement. • Withdraw cash from your Checking Account. • Find out your Checking Account balances. • Transfer funds between your own accounts at the Bank (if available on the ATM in use). • Withdraw cash from your Savings Account. • Make deposits to your own accounts.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Holding Account means an account:

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Regular account means the account established for each active and inactive member un-

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Collection Accounts As defined in Section 3.10(a).

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Client Account means the unique personalised account of the Client consisting of all Completed Transactions, Open Positions and Orders in the Trading Platform, the balance of the Client money and deposit/withdrawal transactions of the Client money.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.