Examples of Settlement Amounts in a sentence
Givex will notify Merchant once it exercises its right to withhold the Settlement Amounts.
Processor, acquiring banks, or other financial institutions holding the Merchant Payment Account may also require a holding period before the settlement of the Settlement Amounts to the Merchant Bank Account.
Settlement Amounts will be paid to Merchant only if the Merchant Payment Account is active and in full compliance with this Terms and Conditions and the Processor Terms.
A Refund of a Transaction shall be subject to the existence of sufficient balance in the Merchant Payment Account, such that it is possible to offset the refunded amount from the Settlement Amounts.
All disputes regarding Settlement Amounts must be filed by the Merchant to Givex in writing, within ninety (90) days following the date of settlement.